US FEDERAL RESERVE
Is the AI Investment Bubble Finally Bursting? What 2025 Means for Tech Stocks and Your Portfolio
The stock market slump raises concerns over an AI investment bubble. Investors should diversify and focus on robust companies to navigate the correction.
US Fed denies Custodia Bank membership over crypto concerns
The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.
Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market
Mike Novogratz talked about critical impacts on the crypto market following Jerome Powell’s reappointment as Federal Reserve chairman.
Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"
Paul Tudor Jones revealed that he would invest in commodities, Gold and Bitcoin to serve as a hedge against inflation. Also, he will increase the allocation of Bitcoin from 2% to 5% as part of his portfolio.
Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K
Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial if market bulls fail to turn it into support.
Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing
Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.
Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief
Justin Sun’s Tron platform has obtained US government aid of more than $2 million in coronavirus relief. The ongoing coronavirus crisis has wreaked havoc in the US financial markets. Particularly small-sized businesses are suffering from the economic shutdown meant to slow down the spread of coronavirus. With hundreds of thousands of employees in danger of losing their jobs, the US government created the Paycheck Protection Program (PPP) to help small businesses stay afloat. The money does not need to be repaid.