A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence’s funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited.Source
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.Source
The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.Source
Monthly plans on the purported mobile service provider range from $20 to $80 as of Monday.Source
The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.Source
New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis.Source
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.Source
Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the weekSource
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.Source
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.Source