United States President Donald Trump has filed an appeal in the case involving Federal Reserve Governor Lisa Cook ahead of a key interest rate decision by the central bank this week. Lawyers representing the Department of Justice on behalf of the President have appealed against a preliminary injunction issued by the district court on Sept.
Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend. The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the
The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever. As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned: “How do people still not get it?” Bitcoin hashrate at an all-time
On-chain analyst Willy Woo has detailed the recent Bitcoin market situation and the impact of macroeconomic factors on the cryptocurrency. He pointed out that a liquidity crisis is approaching and the selling pressure from whales is increasing. According to Woo, Bitcoin’s structural fundamentals are weakening in the current bull market. He notes that while prices
Cryptocurrency analyst Joao Wedson has published a remarkable report on Bitcoin (BTC). Pointing to the Max Intersect SMA Model, which has claimed to have accurately predicted the peak of every cycle in the past, Wedson said that the current cycle has not yet reached its peak. According to Wedson, the model’s data currently stands at
Fears of a downside for bitcoin BTC$116,425.80 and ether (ETH) have eased substantially, according to the latest options market data. However, the pace of the next upward move in these cryptocurrencies will largely hinge on the magnitude of the anticipated Fed rate cut scheduled for Sept. 17. BTC’s seven-day call/put skew, which measures how implied
Crypto markets ended last week on a high note with total capitalization topping $4 trillion again, but momentum waned over the weekend. Stock markets in the US reached record highs last week as markets fully priced in a 0.25% rate cut this week. However, the job market continued to signal weakness with a sharp jump
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition: a blockchain sleuth finds evidence of El Salvador’s bitcoin “reshuffling,” Meliuz begins leveraging an options‑based strategy to acquire more bitcoin, and Uruguay readies a study on digital‑currency implementation. Blockchain Sleuth Points out
A long-term Bitcoin holder who sold $4 billion of his holdings for Ether last month has started selling again as Bitcoin crossed $116,000 for the first time in three weeks. Two Bitcoin (BTC) wallets tied to an address that had held onto the cryptocurrency for over eight years deposited 1,176 BTC worth over $136 million
Bitcoin critic Peter Schiff said that the largest crypto is showing signs of topping out ahead of the much-awaited Fed rate cut this week during the September 17 FOMC meeting. BTC and the broader crypto market are showing signs of nervousness while facing selling pressure over the weekend. Despite gaining 4% on the weekly chart,