The world's top two cryptocurrencies are poised for a breakout year in 2025.
Edith Yeung Sees Big Things to Come for Crypto in Hong Kong
A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.
Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
BALTIMORE (Reuters) -The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin said on Friday. "I think there is more upside risk than downside risk" to inflation, given the economy's continued strength and the possibility of renewed wage and other price pressures, Barkin told the Maryland Bankers Association in Baltimore. Though Barkin is not a voting member of the Fed's rate-setting committee this year, his comments reflect a developing debate inside the central bank about when to cut interest rates again and how to account for an increasingly uncertain economic environment as President-elect Donald Trump prepares to take power again later this month.
US regulator warned banks on crypto but did not order halt to business, documents show
A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order them to stop providing banking services to crypto companies contrary to industry complaints of widespread "debanking," according to documents released on Friday. A judge ordered the Federal Deposit Insurance Corporation to provide versions of supervisory "pause letters" it sent to unidentified banks after History Associates Incorporated, a research firm hired by crypto exchange Coinbase, sued the agency to release them. The FDIC first released the letters in December but was ordered by the judge to resubmit them with more "nuanced redactions."
Rezolve Ai Stock Jumps on Microsoft, Google Partnerships
Shares of Rezolve Ai are climbing for a second straight day after the company unveiled plans to deepen its partnerships with tech powers Microsoft and Google.
Barkin Says He Prefers Fed Keep Rates Restrictive for Longer
(Bloomberg) -- Federal Reserve Bank of Richmond President Tom Barkin said there are still upside risks to inflation and growth, underscoring his preference to keep interest rates restrictive for longer.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for S
Grocery Outlet announces ‘Free Groceries for Life’ marketing campaign
Some 32 winners will be selected in April to win a range of prizes, including free groceries for life, one year, or one month