John Deaton Vows to Fight Federal CBDC, Calls It ‘A Hill to Die On’
John Deaton’s Senate campaign has focused on US Federal Reserve CBDCs, regulatory transparency, and government accountability. John Deaton, a key figure in the cryptocurrency world, has clarified his stance as he runs for the U.S. Senate seat in Massachusetts. In an interview with Generation Infinity , Deaton voiced his opposition to a central bank digital […]
Congressman Claims SEC is Misusing SAB 121 to Target Crypto Custody Firms
Congressman Ritchie Torres chastised the US SEC for misusing the SAB 121 rule, which defies generally accepted accounting principles. Crypto custody service providers are under increasing pressure from the U.S. Securities and Exchange Commission (SEC) to disclose their assets on balance sheets, citing the controversial SAB 121 accounting rule. U.S. Congressman Ritchie Torres has criticized […]
Jerome Powell Hints Uncertainty in Future Rate Cuts
Jerome Powell’s upcoming address follows the Federal Reserve’s first interest rate cut in four years, a 50-basis-point reduction. All eyes are now on Jerome Powell for his address, which comes after the Federal Reserve of the United States of America reduced interest rates by fifty basis points, the first reduction of its kind in four […]
Analysts Predict Bitcoin Volatility Ahead of US Interest Rate Decision
The Fed is poised to announce its first interest rate cut since the pandemic, potentially causing further volatility before the next Bitcoin leg up. Bitcoin’s price faces potential downside pressure ahead of tomorrow’s interest rate decision, following the loss of key support at $60,000. Bitcoin volatility may lead to unpredictable price movements before the Federal Reserve’s […]
Peter Schiff Warns Of Inflation As Gold Hits ATH
Peter Schiff issued a cautionary note regarding inflation and recession in response to the all-time high in gold. Gold has surpassed $2,586 in trading, marking a new all-time high. This prompted Peter Schiff to issue a dire warning regarding the economy. As the United States prepares for increased inflation, unemployment, and other challenges, netizens perceive […]