News
Fed Chair Warsh Says No Crypto or Stablecoin Bailouts Under Fed
2+ hour, 2+ min ago (530+ words) Kevin Warsh tells Congress the Fed will not rescue crypto firms or stablecoins, emphasizing proactive risk management instead of future bailouts. Federal Reserve Chair Kevin Warsh delivered a firm message to the cryptocurrency industry: the Fed has no intention of…...
Crypto Market Up as US CPI Falls 0.4%, Sharpest Drop Since 2020
6+ hour, 1+ min ago (582+ words) Energy prices collapsed 5.7% in June and annual inflation cooled to 3.5%, and the crypto market reacted. Bitcoin trades at $63,435 while Ethereum quietly outpaces it with a 3.23% daily gain. The U.S. Bureau of Labor Statistics reported Tuesday that the Consumer Price Index for…...
Fed Faces GENIUS Act Deadline as Kevin Warsh Promises Rule Push
2+ hour, 45+ min ago (526+ words) The regulations intend to shape how banks and regulators oversee stablecoin issuers under the new federal framework. The Federal Reserve is working to meet this week’s rulemaking deadline under the GENIUS Act, with Fed Chair Kevin Warsh telling lawmakers that…...
Will Bitcoin Price Jump 10% Today as U.S. CPI Data Looms?
6+ hour, 58+ min ago (562+ words) Bitcoin is approaching another CPI test near $62,500, but its June price action shows the inflation report alone may not be enough to deliver a 10% rally. Bitcoin traders are once again watching U.S. inflation data, with one question dominating the market: Can…...
Custodia Bank Officially Takes Crypto Fight Against Fed to U.S. Supreme Court
4+ day, 38+ min ago (499+ words) Custodia Bank has asked the U.S. Supreme Court to review the Fed's denial of its master account, a case that could reshape crypto banking. Wyoming-based crypto bank Custodia Bank has officially filed a petition for a writ of certiorari with the…...
Fed Chair Kevin Warsh Testifies Before Senate July 15: What It Means for Crypto
5+ day, 12+ hour ago (290+ words) The most crypto-fluent chair in the Federal Reserve's history heads to the Senate Banking Committee on July 15, and for digital-asset markets, his testimony is far more than a rate-watch. For a sector that has spent 2026 recalibrating to a new and…...
Bitcoin Has Dropped After 8 of 9 Fed Meetings — Will Today be Different?
4+ week, 2+ hour ago (607+ words) Bitcoin has declined after all three Fed holds in 2026 — January, March and April, regardless of the Fed's language. Bitcoin trades near $66,000 ahead of the June 17 Fed decision, and its recent record gives bulls little comfort: across the last nine FOMC…...
GAO Presses FDIC to Close Gaps in Crypto and Blockchain Risk Oversight
4+ week, 11+ hour ago (449+ words) The congressional watchdog warns that a persistent lack of structured interagency coordination leaves the U.S. banking system exposed to accelerating digital asset integration. The U.S. Government Accountability Office (GAO) has urged the Federal Deposit Insurance Corporation (FDIC) to strengthen coordination with other…...
Standard Chartered Keeps $100K Bitcoin Target Despite 12% Drop
1+ mon, 1+ week ago (665+ words) Kendrick described the week as “painful” for the crypto market but argued that the market may be nearing exhaustion on the downside. Wall Street giant Standard Chartered has held firm on its prediction that Bitcoin could still reach $100,000 by the…...
Custodia Bank Takes Crypto Banking Fight Against Fed to Supreme Court
1+ mon, 2+ week ago (416+ words) Justice Gorsuch granted Custodia Bank until July 11 to seek Supreme Court review in its years-long battle with the Federal Reserve over master account access. Justice Neil Gorsuch of the U.S. Supreme Court has granted Custodia Bank additional time to file a…...