Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also urged crypto supporters to “demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is […]
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $ 67,968 to $ 68,108 per unit, following a flash dip to $ 65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $ 37.32 …
On Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, reflecting the odds of Biden stepping down. Currently, those odds have slightly decreased to 59%. Biden’s Drop-Out Odds Surge During […]
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At the June 11-12 meeting, the FOMC highlighted that although inflation has […]
Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other tech sectors, promising more predictable and grounded regulations. Supreme Court’s Chevron Ruling […]