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How Raising Interest Rates Curbs Inflation – and What Could Possibly Go Wrong

11.2.2022
Rodney Ramcharan, Associate Professor of Finance and Business Economics, the University of Southern California.________ After about three decades of relatively low inflation, consumer prices are skyrocketing again in the US. ... Read More: How Raising Interest Rates Curbs Inflation – and What...

Crypto Market Braces for Volatile Week Ahead of Fed’s ‘Emergency Meeting’

11.2.2022
The US Federal Reserve (Fed) is set to hold an unscheduled meeting on Monday to discuss interest rates, described by some as an “emergency meeting” and others as a fairly “regular occurrence.” Regardless, the Fed’s unexpected notice has sparked debate in the crypto community over whether...

MIT, Boston Fed give digital dollar CBDC a modest test run

11.2.2022
Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs

Bitcoin's 30% recovery in two weeks has BTC whales back in accumulation mode

11.2.2022
The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks

Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal

10.2.2022
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended

US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth

10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...

US Federal Reserve bank at the helm of CBDC research effort appoints new president

10.2.2022
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank

Sims 4 Wedding Expansion Won't Release In Russia Over Homophobic 'Federal Laws'

10.2.2022
The Russian government is notoriously homophobic, to the point where a law was passed in 2013 that everyone outside of Russia simply refers to as the ‘Russian gay propaganda law’. Which goes a long way to explaining why EA won’t be releasing the latest Sims expansion in the region.Read more

Russian Government Approves Plan to Regulate Cryptocurrency

9.2.2022
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...

FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’

9.2.2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system...

Avalanche correction risk rises after AVAX price soars 80% from January lows

8.2.2022
Strong network growth underpins AVAX's recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token

US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

7.2.2022
FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

6.2.2022
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulation over the prohibition of cryptocurrencies...

Rich Dad Poor Dad’s Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin

6.2.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. dollar. Noting that they are sending billions of dollar savers and uninformed investors to “financial hell,” he advised...

Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

5.2.2022
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom

Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code

5.2.2022
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings...

US Govt Wants To Imprison Nintendo Hacker Bowser For 5 Years

4.2.2022
The U.S. government suggested to a federal judge on Thursday that Nintendo hacker and modder Gary Bowser receive five years in prison after he pled guilty to two charges involving the selling and creation of mod chips that could allow people to play pirated games on their Nintendo Switch. Read more