Best Crypto to Buy as Shutdown Adds Twist to September CPI Release, Fed Weigh...
Quick Facts: 1️⃣ US government shutdown has frozen key economic data, making the Fed reliant solely on Friday’s CPI data release. 2️⃣ The Friday release is unusual – the first since 2018 3️⃣ Markets see a 98.4% chance of a 25 bps rate cut, a smaller chance of a 50 bps cut. 4️⃣ Any cut […]
Related News
As Americans wait to hear if they will receive second stimulus checks, lawmakers are scrambling to avert the looming government shutdown. A spending bill, which could include some stimulus measures, must be passed before the Dec. 11 deadline to avoid the shutdown. Stimulus Payments Affected by Government Shutdown As U.S. lawmakers continue their stimulus negotiations, including providing Americans with the second round of direct payments, the government is facing a shutdown, which could be prevented if lawmakers can pass a spending bill before the Dec. 11 deadline. Congress returned to....
The US government shutdown has significantly slowed operations across various federal agencies, including the Securities and Exchange Commission (SEC), which was expected to begin the approval process for long-awaited spot crypto ETFs. For the fourth consecutive time, spending proposals intended to reopen the government have been rejected by lawmakers from both parties, pushing the shutdown […]
Crypto influencer Ben “BitBoy” Armstrong was seen in handcuffs in Florida, reports say. The Volusia County Division of Corrections verified the arrest, which occurred at about 7:18 PM local time on March 25, 2025. This adds another twist to the already scandalous past of the online personality. Related Reading: Solana Gets A $1.7 Billion Boost […]
Bitcoin (BTC) witnessed a slight surge earlier today, climbing from $113,000 to around $117,000 at the time of writing, in contrast to expectations of several crypto analysts who were predicting a decline in risk-on assets due to the US government shutdown. Bitcoin Rises Despite US Government Shutdown The US federal government shut down at midnight on September 30, as President Donald Trump and Congress failed to reach a deal on funding. Specifically, the two camps were at odds over enhanced Obamacare subsidies, with neither party willing to take the blame. Related Reading: Bitcoin....
The US federal funding lapse has stretched on, creating new delays for regulatory decisions tied to crypto products. According to reports, the shutdown has lasted beyond 40 days in some scenarios used by market forecasters, and reduced staffing at federal agencies is slowing routine approvals. Related Reading: Crypto In Ghana: Lawmakers Race To Write Rules […]