Jerome Powell, the Federal Reserve Chair, faces a fierce barrage from a coalition of high-profile figures threatening his tenure, which extends to May 2026. Over the past two weeks, President Donald Trump, Federal Housing Finance Agency (FHFA) Director Bill Pulte, White House Press Secretary Karoline Leavitt, congressional allies and Treasury Secretary Scott Bessent have all
The cryptocurrency world is no stranger to volatility, but a recent incident in South Korea has brought the emotional and financial stakes into stark relief. The news of a South Korean man attacking Delio CEO James Jung over significant crypto losses has sent ripples through the community, serving as a powerful reminder of the intense
Imagine a future where your national currency is entirely digital, issued and backed by your central bank, offering instant transactions and enhanced security. This isn’t science fiction; it’s the evolving reality, and the Bank of Korea CBDC initiative is taking significant strides towards making it a cornerstone of South Korea’s financial future. The recent news
After bleeding billions from its flagship funds, Cathie Wood’s ARK Investment Management is reportedly taking a defensive turn. It is entering into the booming “buffer ETF” arena with a fresh lineup of loss-limiting products. The firm filed proposals last week for four new exchange-traded funds, the ARK Q1, Q2, Q3, and Q4 Defined Innovation ETFs.
A trader who famously bet Do Kwon $20 million that his Terra/LUNA scheme would collapse is at the center of a new round of fiery allegations of insider trading. According to screenshots allegedly belonging to GCR, whose usernames include GiganticRebirth on X, they might have acquired early access to crypto picks before Teeka Tiwari’s Palm
The cryptocurrency OTC platform BridgePort recently completed a 3.2 million seed round financing led by Further Ventures along with several other venture capital firms. According to the official press release, the over-the-counter crypto platform plans to use the funds generated from the seed round financing to develop and expand its team to accommodate the rise
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). Strategy (MSTR) now holds almost $65 billion in bitcoin BTC$108,401.66 , which makes it the 11th largest corporate treasury holder of bitcoin in the U.S. In its investor presentation for the new STRD at-the-market equity program, Strategy compares itself to companies that hold
Dubai’s financial regulator has granted approval to the QCD Money Market Fund (QCDT), the first tokenized money-market fund to be based within the Dubai International Financial Centre (DIFC). The fund, announced on July 4, is a joint venture between Qatar National Bank (QNB) and the blockchain infrastructure firm DMZ Finance. Bringing U.S. Treasuries On-Chain The
The Fed may start cutting interest rates earlier than expected, according to Goldman Sachs. Economists at the agency predict that the rate cut could begin in September as inflation pressures ease and the impact of tariffs weakens. This forecast means the previous December expectation has been brought forward by three months. The Goldman Sachs Research
According to data shared by blockchain analysis firm Arkham Intelligence, a wallet linked to the US government transferred a total of 86,56794 ETH (approximately $219,000) to the Coinbase Prime platform today. The transfers occurred in two separate transactions: one was worth just 0.00394 ETH (about $10), and the other was worth 86,564 ETH. The source