Is Trump’s ‘strategic Bitcoin reserve’ a good idea? Crypto expert explains
President Donald Trump highlights his campaign promise to turn the United States into the crypto capital of the planet by joining cryptocurrency in his second term. Marty Bent, managing partner of Crypto Expert and Ten31, is excited about Trump's move, particularly the strategic Bitcoin reserve. “I think one thing I'm looking forward to is that […]
The Federal Reserve continues pause on interest rate cuts, expects two cuts later this year
The fees remained the same after the Fed meeting. (ISTOCK)) The Federal Reserve has just met to discuss potential interest rate cuts. this time, The Fed has decided to extend the suspension of rates, Leave rates in the range of 4.25% to 4.5%. The decision was due to stable economic activity, which is expected to […]
Trump presses Federal Reserve to cut rates
President Trump once again pressed the Federal Reserve to cut the interbank lending rate as the administration's fundamental tariffs are set to resume next month. “The Fed would prefer a better cut rate as US tariffs begin to begin (easy!) into the economy. Do the right thing,” Trump said. I wrote it on a Wednesday […]
‘Major Implications’ for the Federal Reserve
Democrats from both Federal Trade Commission (FTC) were fired on Tuesday by President Donald Trump for a shocking move that “has a major impact on the Fed's independence,” according to a former official. According to the Supreme Court in 1935 decision This significantly limits the president's ability to remove officials from independent regulatory bodies such […]
Federal Reserve leaves interest rates unchanged
Powell will make his remarks after the Fed has made its first interest rate decision since the start of the trade war. The Federal Reserve announced on Wednesday that it would change benchmark interest rates as policymakers continue to assess uncertainty about inflation and economic conditions in light of federal policy changes. As per the […]
Crypto Reserve Controversy: Poll Shows Americans Aren’t On Board – Bitcoinist
A reliable editorial Content reviewed by industry experts and veteran editors. Advertising disclosure About 51%, or the majority of Americans, do not support the creation of a cryptocurrency strategic reserve, a proposal that US President Donald Trump has been pushing since last November's election. Recent polls reveal that the majority of American voters are opposed […]
Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
Wall Street Journal editor Jerry Baker condemned the importance of making tax cuts permanent and former President Biden for inflation during President Donald Trump's speech in Congress. Inflation in February has cooled slightly in the coming week ahead of the central bank policy meeting. On Wednesday, the Labor Bureau said the Consumer Price Index (CPI) […]
Lummis introduces bill to create bitcoin strategic reserve
Sen. Cynthia Lumith (R-WYO.) reintroduced the law on Tuesday to create a Bitcoin Strategic Reserve, and last week attempted to codify President Trump's executive order establishing a reserve. The bill, first introduced by Lummis last year, directs the government to purchase 1 million bitcoin over five years, and transfers it to a “decentralized network” of […]
Trump’s crypto strategic reserve plan could hit roadblock in Congress
President Trump's plan to create a strategic reserve for digital coins has come across a major obstacle. And it's called the US Congress that learned through money. After Donald announced the creation of such a stockpile last weekend, crypto prices have skyrocketed to the notion that the US government will enter the market, buying and […]
Trump signs executive order establishing crypto strategic reserve
President Donald Trump has signed an executive order to establish strategic reserves for cryptocurrency using tokens already owned by the government. venture capitalist David Sachs said it was like establishing a “Digital Fort Knox.” Despite a frenzied social media response from Crypto executives to the news later Thursday, Bitcoin initially cut by 5.7% as some […]