U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3%
A December rate hike appears completely assured, with Fed Governor Chris Waller suggesting even a 50-basis-point move could be appropriate.
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.
Crypto is now teamed up with U.S. government in two legal battles over perps
Twice now, crypto firms have found themselves on the side of the U.S. Commodity Futures Trading Commission in holding that perpetual futures aren’t swaps.
Former NYSE president says stock issuers hold the key to tokenization as Bullish builds its platform
Stacey Cunningham, who recently joined digital asset platform Bullish as President, sees the company’s planned Equiniti acquisition and focus on stock issuers as key to its tokenization ambitions.
Warren: What is White House doing to prevent a repeat of teleprompter’s Trump bets?
U.S. Senator Elizabeth Warren argued the administration is not doing enough about staff insider trading, questioning whether CFTC enforcement action was sufficient.
Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
With a split among Democrats, the Senate resolution to erase the IRS’ DeFi-focused crypto broker rule passed with a massive majority and is now up to the House.
Polymarket Traders Bet on Canadian Tariff Cuts After Lutnick Hints at Negotiations
Howard Lutnick told Fox Business that President Donald Trump is willing to ‘meet in the middle’ on tariffs, but not eliminate them entirely – yet.
Circle’s USDC to be First USD Stablecoin in Japan
SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.
ETH Tests $2K, Lowest Since November 2023
$165 million in long ETH positions have been liquidated in the last 12 hours.
THORChain Sees Record $4.6B Volume After Bybit’s $1.4B Hack
THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.