Bitcoin holds strong as the Fed subtly recalibrates its crypto stance
Bitcoin remains resilient around $95K as pro-crypto leadership gains traction, the Fed eyes a policy shift, and institutional adoption begs for bold price predictions.
Is This 1 new Move by the SEC a new Tailwind for Cryptocurrency or a Headwind?
It's often difficult to make sense of regulatory actions and changes to the structure and size of regulatory units. According to a report by The New York Times published on Feb. 4, the Securities and Exchange Commission (SEC) will be reducing its 50-person cryptocurrency law-enforcement group in keeping with the preferred policies of the new presidential administration. For now, what's certain is that the SEC's exercise of oversight of the cryptocurrency sector is set to get even weaker than it was before.
Money market account rates today, February 15, 2025 (best account provides 4.75% APY)
If you’re searching for today’s best money market account rates, we’ve narrowed down some of the top offers. Learn more about money market account rates today.
Would Warren Buffett Buy Bitcoin Right Now and Hold It Forever?
Might the Oracle of Omaha, Warren Buffett, ever get on board with investing in an asset like Bitcoin, (CRYPTO: BTC) which -- on the surface -- breaks all of his traditional rules for investing? Buffett's disposition toward Bitcoin over the years, and also toward cryptocurrencies in general, has been one of unrestrained revulsion. Bitcoin is a good asset for holding forever -- and therein lies the reason that Buffett is missing out on a great investment, despite it having a lot of qualities that he usually says he likes.
Charting the Global Economy: US Inflation Picks Up Ahead of Tariffs
(Bloomberg) -- US inflation picked up broadly at the start of the year, further diminishing chances the Federal Reserve will cut interest rates anytime soon. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayThe consumer price index increased by the most since August 2023, led by a range of ho
The SEC's Latest Crypto Move Could Be Incredible News for XRP (Ripple) Investors
Back in 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, alleging that the company broke securities laws when it sold its XRP (CRYPTO: XRP) cryptocurrency to investors. Ripple hasn't been the SEC's only target. In fact, a federal court, responding to a request by Binance and the SEC (led by the Trump-appointed acting chairman), just approved a 60-day pause in the case, and there is speculation Ripple's case could be next.
Here's what has investors on edge as stocks cruise near record highs
Trade wars and bond market disruptions loom over an otherwise buoyant stock market. Technical weakness is also a concern, investors told BI.
Traders are betting that bond yields could soon hit a dangerous level for stocks
Yields edged up this week after a hotter-than-expected inflation report. Some traders are now eyeing the 10-year bond hitting 5% in the coming weeks.
Fund managers boost exposure to bitcoin ETFs, quarterly US filings show
Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world's largest cryptocurrency soared 47%, according to recent regulatory filings. The State of Wisconsin Investment Board disclosed in its quarterly 13-F filings with the Securities and Exchange Commission that its bitcoin ETF holdings more than doubled in the final three months of last year, to 6 million shares of the iShares Bitcoin Trust ETF by December 31. The fund, which was the first fund of its kind to report investing in crypto following the debut of bitcoin ETFs, couldn't immediately be reached for comment.
Why Altcoins Were Winning This Week
This week was a choppy one for cryptocurrencies. Both were probably somewhat jealous of Litecoin (CRYPTO: LTC), which rose a juicy 22% higher. The major news item dampening the desire for cryptos at the week's kickoff was regarding inflation.