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US
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.
Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation
It's not the first time Zhao and Binance have sued the media.
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
As negotiations slow the release of a bipartisan bill until possibly September, lawmakers may put out some initial language soon to spur discussion.
Bitcoin Mining Difficulty Drops as Miners Feel the Texas Heat
It's the third consecutive downward adjustment – the first time that's happened since last July.
My Big Coin Founder Convicted of Defrauding Investors of More Than $6M
Randall Crater was found guilty of peddling a cryptocurrency scam.
US Justice Department Seizes $500K in Ransom Payments and Crypto From North Korean Hackers
Deputy Attorney General Lisa Monaco said the FBI has identified a new type of ransomware used by the state-sponsored hackers.
Ex-CFTC Chairman Discusses Celsius' Bankruptcy and CBDC Adoption
The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings, and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston, Texas.
US Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls
The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July.
US CPI Preview: Inflation Likely to Climb to New 40-Year High
A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.
