News

Is This 1 new Move by the SEC a new Tailwind for Cryptocurrency or a Headwind?

It's often difficult to make sense of regulatory actions and changes to the structure and size of regulatory units. According to a report by The New York Times published on Feb. 4, the Securities and Exchange Commission (SEC) will be reducing its 50-person cryptocurrency law-enforcement group in keeping with the preferred policies of the new presidential administration. For now, what's certain is that the SEC's exercise of oversight of the cryptocurrency sector is set to get even weaker than it was before.

Would Warren Buffett Buy Bitcoin Right Now and Hold It Forever?

Might the Oracle of Omaha, Warren Buffett, ever get on board with investing in an asset like Bitcoin, (CRYPTO: BTC) which -- on the surface -- breaks all of his traditional rules for investing? Buffett's disposition toward Bitcoin over the years, and also toward cryptocurrencies in general, has been one of unrestrained revulsion. Bitcoin is a good asset for holding forever -- and therein lies the reason that Buffett is missing out on a great investment, despite it having a lot of qualities that he usually says he likes.

Charting the Global Economy: US Inflation Picks Up Ahead of Tariffs

(Bloomberg) -- US inflation picked up broadly at the start of the year, further diminishing chances the Federal Reserve will cut interest rates anytime soon. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayThe consumer price index increased by the most since August 2023, led by a range of ho

The SEC's Latest Crypto Move Could Be Incredible News for XRP (Ripple) Investors

Back in 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, alleging that the company broke securities laws when it sold its XRP (CRYPTO: XRP) cryptocurrency to investors. Ripple hasn't been the SEC's only target. In fact, a federal court, responding to a request by Binance and the SEC (led by the Trump-appointed acting chairman), just approved a 60-day pause in the case, and there is speculation Ripple's case could be next.