The post CFTC Withdraws Outdated Digital Asset Guidance To Catalyze Crypto Adoption in the United States appeared first on Coinpedia Fintech News The United States Commodity Futures Trading Commission has made another major step to facilitate the mainstream adoption of digital assets in the country. The CFTC announced that it has withdrawn outdated guidance on
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at least a non-committal position, is highly likely. These expectations, coupled with the overwhelming concerns of a supply glut in coming months,
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision. SNB interest rate decision ahead The USD/CHF exchange
Bitcoin and top altcoins suffered a harsh reversal today, Dec. 11, as concerns about the Federal Reserve forward guidance resumed. BTC dropped below $90,000, erasing some of the gains made earlier this week. XRP price dropped by 3.6% in the last 24 hours and by 7.8% in the previous seven days. Similarly, Solana, Dogecoin, Cardano,
Scottish Mortgage share price popped this week, reaching its highest level since November 5. SMT jumped to a high of 1,140p, up by 11% from its lowest level in November and by 46% from its lowest point in November last year. Scottish Mortgage share price is soaring amid SpaceX IPO news SMT is a large
The GM stock price has been in a strong bull run this year and is beating most companies in the S&P 500 Index by far. General Motors has jumped by nearly 55% this year, bringing its market capitalization to over $75 billion. General Motors’ business is doing well A few months ago, there were concerns
The DJT stock price has collapsed this year as the company’s pivot to the crypto industry backfired, its core business struggled, and Donald Trump’s approval ratings plunged. Trump Media stock was trading at $11.30 on Thursday, a few points above the year-to-date low of $10.18. It remains much lower than the November high of $54.60.
Boeing stock price has come under pressure in the past few months, moving from the year-to-date high of $242.50 in July to the current $200. This crash has happened even as the company’s business and turnaround measures improved. So, is it safe for the company to buy the dip? Boeing turnaround is accelerating Boeing, the
On Friday, the Supreme Court announced that it would hear challenges to President Donald Trump’s executive order to end birthright citizenship. The Fourteenth Amendment automatically makes all babies born on American territory citizens. Trump’s effort to overturn the traditional reading of the constitutional text and history should not succeed. Ratified in 1868, the Fourteenth Amendment
When the South Korean boy band/K-pop sensation BTS takes the stage in Seoul this June, ending a four-year touring hiatus, it will mark more than just a comeback — it will validate one of the shrewdest soft-power decisions in recent memory. In 2022, at the absolute apex of their global dominance, the group’s seven members