24/7 Blockchain industry dynamics and breaking crypto news
The CFTC launches a revamped Innovation Advisory Committee to address emerging tech impacts on finance, including AI, blockchain, and prediction markets, amid growing regulatory debate over digital assets.
Read MoreThe U.S. Treasury auctioned $39 billion in 10-year bonds at a yield of 4.173%, below the pre-auction level. Demand remained solid with a bid-to-cover ratio of 2.55.
Read MoreHouse Speaker Johnson comments on the investigation into Fed Chair Powell, urging patience and due process. He emphasizes letting facts unfold before drawing conclusions, reflecting a balanced legislative approach to monetary oversight.
Read MoreThe U.S. SEC has appointed Paul Tzur and David Morrell as Deputy Directors of its Enforcement Division, signaling a strategic move to strengthen oversight and improve responsiveness to evolving financial misconduct in global markets.
Read MoreThe White House affirms the president's right to critique the Fed chair but denies any directive to launch investigations, underscoring respect for judicial independence and institutional boundaries.
Read MoreMeta is streamlining its metaverse division, cutting roles to redirect resources toward AR glasses development. This strategic shift highlights a stronger focus on wearable tech and next-gen social platforms.
Read MoreRick Rieder, BlackRock's CIO, calls for the Fed to lower interest rates to 3% to support economic stability. He stresses policy adaptability and central bank independence in shifting markets.
Read MoreMeta launches 'Meta Compute' to build tens to hundreds of gigawatts of computing infrastructure, strengthening its position in the AI race.
Read MoreTrump warns a negative Supreme Court ruling on tariffs could force the U.S. to repay hundreds of billions, potentially trillions when indirect investments are factored in, risking national financial stability.
Read MoreTreasury Secretary Besent warned Trump that the Fed probe, launched without coordination, risks market instability and has strengthened Powell's position amid growing policy tensions.
Read MoreTop Republican lawmakers condemn DOJ's probe into the Fed chair, questioning its motives and calling for institutional safeguards. The clash highlights growing tensions over executive overreach and central bank independence.
Read MoreThe S&P 500 reached a new intraday high above 6978, driven by strong economic data and solid earnings. Investor confidence remains high as capital flows into equities amid optimistic market sentiment.
Read MoreFitch highlights extreme market risks in bitcoin-backed securities due to volatility, complex structures, and counterparty exposure. Past collapses stress the need for conservative strategies and strong risk controls.
Read MoreIf the U.S. Supreme Court allows the firing of Fed Governor Cook, it could spark major market turbulence. Wells Fargo forecasts higher yields, a weaker dollar, rising gold, and heightened volatility, signaling a pivotal threat to Fed independence.
Read MoreApple is partnering with Google to revolutionize Siri using advanced AI models. This strategic move promises enhanced language understanding and smarter interactions, marking a major leap in the evolution of voice assistants.
Read More