The Effect of the Fed’s Changing Approach to Inflation on Cryptocurrency in Q4 2025 and After
Fed Chair Powell’s Jackson Hole Speech: Balancing Inflation and Employment On Friday, Federal Reserve Chairman Jerome Powell delivered a speech at this year’s Jackson Hole Economic Policy Symposium, where he addressed the delicate balance between rising inflation and vulnerable labor markets. The political landscape suggests that his successor may be cautious about interest rates. Powell’s […]
IRS cryptocurrency leader Trish Turner steps down after only three months in the position.
Trish Turner has stepped down from her role as head of the Internal Revenue Service (IRS) digital assets division, just three months after taking the position. “Having dedicated over 20 years to the IRS, I reflect on my journey with immense gratitude, particularly for the people I’ve worked alongside who play a truly vital role,” […]
Bitcoin Traders Prepare for Jackson Hole. Implications of Powell’s Major Speech for Cryptocurrency.
Key takeout Bitcoin traders were offloading their assets ahead of Jerome Powell’s much-awaited speech on Friday at the Jackson Hole Economic Policy Symposium. Current Bitcoin options pricing indicates a pessimistic outlook across various time frames. Analysts suggest that Bitcoin’s long-term upward trend may still have some life left in it. As market anticipation builds, Bitcoin […]
Bitcoin Giant Strategy and Coinbase Drive Down Cryptocurrency Stocks
Market Update on Cryptocurrencies and Related Stocks Listed companies like MicroStrategy and Coinbase saw a drop in their stock prices after initially gaining 1.95% and 0.5% at the opening on Wednesday. Last month, these stocks faced significant losses, with MicroStrategy falling nearly 20% and Coinbase around 27%. It’s reminiscent of struggling students in the world […]
Libra Backers Retrieve $57.6 Million in Cryptocurrency After Judge Lifts Asset Freeze
Simply put The judge has ordered the release of $57.6 million in USDC related to the Libra meme coin incident. This decision comes after the launch of the Libra meme coin in February, which was endorsed by Argentine President Javier Milei and quickly collapsed. She expressed skepticism about the plaintiffs’ chances of success against Hayden […]
UK Bitcoin ETNs Mark a Significant Shift in Britain’s Position in Cryptocurrency, Industry Experts Suggest
Bitcoin Exchange Traded Notes Back in London After four years away, Bitcoin Exchange Traded Notes (ETNs) are making a return to London, and the implications might be more significant than anticipated. Starting on October 8, products like Crypto ETNs—which let retail investors gain exposure to cryptocurrency without buying the tokens directly—will be accessible once again. […]
US Fed official suggests staff should be permitted to own some cryptocurrency
Federal Reserve regulators have suggested that staff at the US Central Bank should be permitted to invest small sums in cryptocurrency to better grasp the technology. During a blockchain event in Wyoming on Tuesday, Michelle Bowman, the vice-chairman for supervision, stated that regulators ought to consider allowing staff to hold minimal amounts of “crypto or […]
Federal Reserve’s Bowman proposes permitting central bank employees to hold small quantities of cryptocurrency.
Federal Reserve Proposes Crypto Ownership for Staff Washington regulators from the Federal Reserve have put forward a proposal that suggests allowing central bank employees to hold small amounts of cryptocurrency. They believe that this could enhance the staff’s understanding of the dynamics in the cryptocurrency markets. Michelle Bowman, who serves as the Vice-Chair of Supervision, […]
Top-paying jobs in cryptocurrency to look out for in 2025
Key Takeaways Quants can earn between $180,000 and over $325,000, depending on profit and loss fluctuations. Legal and Chief Compliance Officer roles might yield up to $500,000 total compensation, including stock options. Influencers can generate 6 to 7 figures from sponsorships, though it’s a high-risk field. Auditors generally have a base salary of around $150,000, […]
China Merchants Bank’s subsidiary opens a cryptocurrency exchange in Hong Kong
CMB International Securities Launches Crypto Exchange in Hong Kong CMB International Securities Limited, a part of China Merchant Bank (CMB), has recently opened a cryptocurrency exchange in Hong Kong, marking a significant step in the banking sector. As reported via WeChat on Monday, banks have started to offer virtual asset trading services. This development follows […]