Tag: News

Analysts Sound The Alarm: Fed Rate Cut Hopes May Backfire On Crypto

Market confidence over a possible Federal Reserve rate cut has pushed crypto prices higher in recent days, but analysts warn that the mood could flip quickly. According to Santiment, social chatter around the words “Fed,” “rate,” and “cut” has hit an 11-month high, a surge that has historically signaled...
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Federal Judge Declares EminiFX a Ponzi Scheme, Orders $228M in Restitution

EminiFX, a cryptocurrency investment platform that once claimed to revolutionize automated trading, has been officially declared a Ponzi scheme by a New York federal court. Its founder, Eddy Alexandre, is now facing more than $228 million in restitution payments, in addition to $15 million in disgorgement, following a judgment...
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As Crypto’s Power Grows, Wall Street Braces For a Washington Showdown

An escalating lobbying conflict is unfolding in Washington as traditional banking entities and cryptocurrency companies vie for regulatory favor. The contention revolves around the Republican party’s initiative to implement new regulations for digital assets. What Happened: The crypto industry has enjoyed several lobbying victories since President Donald Trump‘s return to office,...
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