A memecoin launched by Former New York City Mayor Eric Adams sparked controversy Monday after it pumped and dumped, inviting allegations of a rug pull. NYC Token’s Rollercoaster Ride The NYC Token (NYC) launched on the Solana (CRYPTO: SOL) blockchain to fight…
ARK Invest CEO Cathie Wood is calling for an economic “Goldilocks” scenario in 2026, forecasting real GDP growth surging toward 5%, accompanied by falling inflation—and potentially outright deflation—driven by an AI-led productivity boom. ‘Goldilocks’ Return In a latest ARK Invest…
Moody's Chief Economist Mark Zandi warns that President Donald Trump‘s directive for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) to purchase $200 billion in mortgage bonds will likely backfire, driving home prices higher rather than solving the nation’s “severe housing…
President Donald Trump’s proposal to impose a one-year 10% cap on credit card interest rates is being met with indifference on Wall Street, according to TV host Jim Cramer. Wall Street ‘Doesn’t Seem To Care’ Cramer said Trump has “decided…
Sen. Cynthia Lummis (R-Wyo.) and Sen. Ron Wyden (D-OR) put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as money transmitters under federal law. ‘Stop Treating Software Developers Like Banks’ The Blockchain Regulatory Certainty Act aims to exempt “non-controlling” software…
President Donald Trump announced sweeping new tariffs on any nation conducting business with Iran, in a bid to escalate pressure on Tehran amid widespread anti-government protests in the country. ‘Tariffs’ On Countries Doing Business With Iran In a Truth Social…
Bettors on Polymarket now assign over a 50% probability to a U.S. military strike on Iran this month, following a new advisory urging Americans to leave the protest-hit country immediately. Rising Tensions: US Strike Odds Surge The odds that the…
Senate Agriculture Committee Chairman John Boozman (R-AR) said Monday that the committee has decided to postpone the markup of the cryptocurrency market structure bill from Thursday to the last week of January. More Time Needed For Bipartisan Consensus? Boozman said that the…
Leading cryptocurrencies meandered, while stocks rallied to new highs on Monday amid key political and geopolitical developments. CryptocurrencyGains +/-Price (Recorded at 8:30 p.m. ET)Bitcoin (CRYPTO: BTC)-0.09%$91,251.43Ethereum (CRYPTO: ETH) -0.79%$3,099.73XRP (CRYPTO: XRP) -0.60%$2.05Solana (CRYPTO: SOL) -1.62%$139.04Dogecoin (CRYPTO: DOGE) -1.64%$0.1367 Crypto Momentum Tapers Bitcoin rose to…
President Donald Trump's renewed push for aggressive oil production faces harsh economic realities at home and abroad, according to economist Paul Krugman, who said that the strategy collapses under basic profit-and-loss math. ‘Drill Baby, Drill’ Is Dead In his newsletter…