US

US

Markets

Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Federal Reserve Chair Jerome Powell speaks during a news conference

Policy

DOJ Seeks 20-Year Sentence for Celsius Founder Alex Mashinsky

Federal prosecutors called Mashinsky the architect of a "years-long campaign of lies and self-dealing" that left customers with billions in losses.

Former Celsius CEO Alex Mashinsky in shadow against a dark backgroud

Policy

Nexo to Return to U.S. After 2022 Exit, Citing Renewed Crypto Optimism Under Trump

The digital asset platform, which left the U.S. after clashing with regulators, says it’s relaunching with full services for retail and institutional clients.

Nexo Co-Founder Antoni Trenchev and Donald Trump Jr. shake hands (Photo: Nexo/Modified by CoinDesk)

Markets

First XRP ETF in U.S. Racks up $5M on Debut in Teucrium's 'Most Successful Launch'

The trading volume puts it among the top ETF product introductions, one market analyst said.

Fireworks explode in the night sky. (photogrammer7/Pixabay)

Markets

Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says

Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability.

Nouriel Roubini

Markets

The All-Important U.S. 10-Year Yield Is Moving in the Wrong Direction for Trump

One of the most volatile trading sessions since March 2020 exposed deep cracks in the global financial system—foreign selling of U.S. Treasury notes is questioned.

President Donald Trump (Shutterstock)

Policy

U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say

"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.

European Union Flag (Christian Lue/Unsplash)

Policy

Crypto Bill to Combat Illicit Activity Gets New Push After Passing U.S. House in 2024

The House of Representatives legislation would set up a government group across the Treasury, Justice Department and Secret Service to head off bad actors.

Representative Zach Nunn, an Iowa Republican

Finance

U.S. Residents Missed as Much as $2.6B in Potential Revenue From Geoblocked Airdrops

The U.S. government lost as much as $1.4 billion in potential tax revenue, a report from Dragonfly found.

Chart showing range of airdrop values, U.S. residents' shares.

Markets

Trump’s First Inflation Report Due as Risk investors Seek Signs of Cooling

Slower inflation could raise the chance of interest-rate cuts that might boost riskier assets such as cryptocurrencies.

February U.S. CPI report is due Wednesday. (geralt/Pixabay)