Press "Enter" to skip to content

Posts published in “Business”

SEC Drops Three Key Crypto Cases as Regulatory Grip Loosens

The regulator quietly dismissed enforcement actions against Kraken, Consensys, and Cumberland on Thursday. SEC Softens Stance, Dismisses Three Prominent Crypto Cases Ohio Republican Senator Bernardo Moreno, on Thursday called former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, “one of the stupidest people in government.” That same day...

FDIC Greenlights Bank Crypto Activities—No Approval Needed

The FDIC announced that banks can engage in legally permitted crypto activities without prior regulatory approval, reversing previous policy, Reuters reported on Friday. This move follows a similar decision by the Office of the Comptroller of the Currency. “The FDIC is turning the page on the flawed approach of the past three years,” acting FDIC

Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement

The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan crude is starving the country of foreign currency to inject into the national market, driving these imbalances...

How Yescoin’s Strategic Alliances and a Growing Market Influence Position it for 2025 Dominance

This content is provided by a sponsor. Investing in cryptocurrency has become evermore complicated due to the speculative tokens and abandoned roadmaps. Yet, some have taken the initiative to change this narrative. Yescoin, a Telegram-based Web3 platform, offers strategic partnerships with industry influencers. These influencers help the platform with self-sustaining ecosystem products...

Bitcoin Dips Below $85K as Hot PCE Data Sparks Inflation Fears

The “core” personal consumption expenditures (PCE) price index makes it easier to capture underlying inflation trends by excluding food and energy, which tend to experience higher price volatility than other consumption categories. PCE Shock: Bitcoin Falls Under $85K as Inflation Worries Return Both traditional and crypto markets took a dive this morning as the U.S...