US
US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips
Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.
BTC-e Operator Alexander Vinnik Has Been Extradited to the US
The news comes weeks after U.S. authorities called off their previous extradition request, thereby paving the way for Vinnik to be brought to the U.S.
Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report
The Virginia pension fund has a series of crypto investments dating back to 2019.
Coinbase Asks US Supreme Court to Halt Lawsuits Connected to Scams and Dogecoin: Report
The exchange seeks to send the cases to arbitration after federal trial judges earlier rejected such requests.
What Is the Definition of ‘Recession?’ And Does Bitcoin Care?
The "two quarters" standard is simple, but the definition by the National Bureau of Economic Research gives policymakers much-needed wiggle room. For bitcoin, the semantics don't matter.
Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’
The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.
US Senators Push Bill to Make Small Crypto Transactions Tax-Free
The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.
Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon
The U.S. central bank is expected to raise interest rates by 75 basis points, which many economists say is too dovish. But traders are thinking about possible rate cuts as soon as next year.
