Federal Reserve Concludes Oversight Program for Banks’ Cryptocurrency Activities
Simply put The Federal Reserve has concluded its oversight program that monitored banks involved in cryptocurrency activities. US banks will now face less intensive scrutiny when offering services like crypto custody and Stablecoin management. This decision from the Fed arrives as the regulatory landscape in the US shifts, especially under Trump’s administration. The Federal Reserve […]
End the monarchy at the Federal Reserve
As attention turns to the leadership of the Federal Reserve, there have been some alarming concerns regarding the risk to the Fed’s supposed “independence.” The statements around this issue often overlook the essential need for democratic accountability and, notably, the U.S. Constitution. Students are taught that our Constitution establishes three branches of government: executive, legislative, […]
Number of Major Chainlink Bag Holders Increases as Oracle Company Establishes LINK Reserve
Simply put ChainLink announced the establishment of the Link Reserve on Thursday. The reserve is financed through profits made from both on-chain and off-chain services. In the first week of August, major holders acquired 0.67% of the token supply. The introduction of the ChainLink Reserve on Thursday comes as a response to the increasing number […]
Trump names Stephen Miran to the Fed Reserve Board after Kugler steps down.
Trump Appoints Stephen Milan to Federal Reserve President Donald Trump has named economist Stephen Milan to the Federal Reserve, filling a recent vacancy. Milan, who earned his doctorate in economics, previously served as the chairman of the Economic Advisory Council. He completed his bachelor’s degree in economics, philosophy, and mathematics at Boston University in 2005 […]
Trump Appoints America First Economist Stephen Miran to the Federal Reserve Board
Trump Appoints Stephen Milan to Federal Reserve Position President Donald Trump has selected Stephen Milan, the chairman of the White House Economic Advisors Council, to temporarily fill the Federal Reserve vacancy left by Gov. Adriana Coogler. Coogler’s term is set to run until January 31, 2026, but Trump has stated that Milan’s appointment is provisional […]
Trump names Stephen Miran as his choice for the Federal Reserve board amid rumors about Powell’s replacement.
Trump Appoints Economic Adviser to Federal Reserve In a recent move, President Trump appointed Dr. Stephen Miran, a key economic advisor, to fill a vacant seat on the Federal Reserve Board. This decision comes shortly after Chairman Jerome Powell faced pressure to resign or take action on interest rates amidst ongoing economic discussions. Trump announced, […]
Gold gains from renewed interest in safety and expectations of a lenient Federal Reserve.
Gold prices are seeing an influx of safe-haven investments due to Trump’s new tariff threats. Increased expectations for a Federal Reserve rate cut in September are also likely to positively influence non-yielding assets. The USD has dipped to nearly two-week lows, further supporting XAU/USD. The price of gold (XAU/USD) is expected to rise as demand […]
Brazil’s lower house plans to hold a hearing about establishing a national Bitcoin reserve.
Hearing on Proposed National Bitcoin Reserve in Brazil The Brazilian House of Representatives is set to gather on August 20th for a hearing to examine a proposal that aims to establish a national Bitcoin Reserve in the country. The discussion will involve at least six organizations, including the Central Bank of Brazil, the Ministry of […]
Tom Lee’s BitMine Accumulates $3 Billion in Ethereum, Now the Third Largest Public Crypto Reserve
Simply put Bitcoin Miner Bitmine Immersion currently possesses $3 billion worth of Ethereum. Miners are actively accumulating ETH, which is the third-largest public cryptocurrency. Tom Lee, the chairman of Bitmine, suggests that Ethereum is becoming Wall Street’s favorite. Bitmine Immersion is now holding over $3 billion in Ethereum, competing to increase its portfolio of the […]
Trump expresses frustration with Powell, calling for a takeover of the Federal Reserve board
Trump Criticizes Federal Reserve Chairman Over Interest Rates This Friday morning, President Trump expressed frustration towards Federal Reserve Chairman Jerome Powell, calling on the Central Bank to exert more control following this week’s interest rate decision. He referred to Powell as “the stubborn idiot Jerome ‘too late’ Powell,” insisting that the Fed needs to cut […]