US
Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centers despite a souring market that has some miners struggling to survive.
Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K
This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.
US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance
The Treasury Department listed a number of questions, asking the general public to weigh in on how it’s approaching cryptocurrencies and their possible role in illegal activities.
Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.
Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown
The CFTC’s August action calls for the site to be closed for U.S. users by February 15.
A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation
Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.
Bitcoiner Bruce Fenton Loses Bid to Contest US Senate Seat in New Hampshire
Fenton faced a competitive race but lost the Republican primary vote.
First Guilty Plea in Coinbase-Related Insider Trading Charges
The brother of a former Coinbase product manager, Nikhil Wahi, in late July was arrested for trading on confidential information.
Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
The U.S. Trustee's office called for an independent examiner last month.
Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks
While crypto "has all the same risks that we’re very familiar with from traditional finance,” its quirks need tailored solutions, Lael Brainard said.
