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White House Commends Regulators’ Crypto Efforts, Asks Congress to Do More
In a busy day for legislators and regulators, the White House, the FED, and the SEC all had separate publications pertaining to cryptocurrencies in some way.
January 27, 2023Small Businesses Lead Hiring Spree: 3.67M Jobs Added Since Feb 2020
The hiring surge by small businesses could force the Fed to continue raising rates.
January 26, 2023Banks Warned of Crypto Risks but Allowed to Engage: Statement
The joint statement issued today by FED, the FDIC, and the OCC highlighted many of the risks posed by cryptocurrencies to banking institutions, but ultimately told banks to carry on.
January 03, 2023Powell Announces 50BPS Interest Rate Hike in 2022’s Final FOMC Meeting
After the final FOMC meeting of 2022, FED announced it last interest rate increase of the year—50BPS
December 14, 2022BTC Reclaims $17k, DOW Jumps 2%: How Powell Moved the Markets
Stocks and crypto rallied on Wednesday after Powell signaled the Fed could slow down its rate hike.
December 01, 2022