U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed
Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.
US
SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.
Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.
U.S. Debt Deal Could Weigh on Bitcoin Price, Some Say
Per Observers, U.S. Treasury’s efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.
North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State
The U.S. state’s House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.
Crypto Tax Guidance Could Come ‘in 12-ish Months,’ Says IRS Official
The IRS’ point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023
RAM Changes: 5 Actionable Tips
Travelers have many causes for selecting the locations they go to. A unique culture is a brand new journey, which could also be the primary reason why China and Kenya journeys are so in style. The renewal date on your passport must be a source of concern if you’re visiting a international land. These are for these who are touring […]