A bipartisan majority in the Senate has just passed the GENIUS Act to provide a regulatory framework for stablecoins. A similar bill, the STABLE Act, is working its way through the House. President Trump wants to sign a stablecoin bill into law this year, so it looks like we are well on our way to…
The Ethereum price action is showing remarkable similarities to its 2017 market cycle, with analysts pointing to a near-identical technical setup and market behaviour. Crypto analyst Merlijn the Trader, who shared a side-by-side weekly chart comparison of 2025 and 2017 on X (formerly Twitter), suggests that Ethereum is now following the same breakout pattern that…
President Donald Trump is considering whether to launch a military strike against Iran as he demands the country’s leader, Ayatollah Ali Khamenei, “surrender” in Tehran’s conflict with Israel, current and former administration officials told NBC News on Tuesday. A strike by the United States is one option among a range that Trump is weighing after…
Federal Reserve Chair Jerome Powell. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and Middle East turmoil will have on the economy. While any immediate movement on interest rates seems improbable, the policy meeting, which…
President Donald Trump on Wednesday said he gave Iran an “ultimatum” as he considers whether to order a U.S. strike against the country, amid its ongoing conflict with Israel. Meanwhile, the U.S. Embassy in Jerusalem began preparing for large-scale evacuations of Americans who want to leave Israel. “I may do it, I may not do…
Dado Ruvic | Reuters Iran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic. The funds were drained from platform wallets into addresses bearing anti-government messages explicitly referencing Iran’s Islamic Revolutionary Guard Corps, or IRGC, pointing to a politically motivated cyberattack, Elliptic said. Blockchain research firm…
President Donald Trump is considering whether to launch a military strike against Iran as he demands the country’s leader, Ayatollah Ali Khamenei, “surrender” in Tehran’s conflict with Israel, current and former administration officials told NBC News on Tuesday. A strike by the United States is one option among a range that Trump is weighing after…
Federal Reserve Chair Jerome Powell. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and Middle East turmoil will have on the economy. While any immediate movement on interest rates seems improbable, the policy meeting, which…
Colorful display of All Star Converse sneakers in shoe store, Manhattan, New York. Lindsey Nicholson | Universal Images Group | Getty Images Would you be bothered if your coat was officially classified as a windbreaker or a raincoat, or your shoes as slippers? Businesses do care though, as classifications under a preferred category can help…
The nonpartisan Congressional Budget Office (CBO) released a new dynamic analysis that found Republicans’ “big beautiful bill” would raise budget deficits by over $300 billion more than in its previous analysis, which estimated it would widen deficits by $2.4 trillion over a decade. The CBO found that the House-passed version of the legislation would raise federal budget…
