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The decision, along with Federal Reserve Chair Jerome Powell’s subsequent press conference at 2:30 PM ET, is expected to have an important effect on financial markets, particularly the cryptocurrency sector. According to a study named “Monetary policy shocks and Bitcoin prices’, Bitcoin and other cryptocurrencies have historically responded sharply to FOMC meetings as macroeconomic policies influence investor sentiment and liquidity. In December 2021, for example, Bitcoin lost nearly 10% after the Fed said it would take a more aggressive approach to rate hikes. In November 2022, by contrast, Bitcoin gained back above $17,000 after a softer-than-expected rate increase. A pause…

The Federal Reserve Building in Washington, D.C.Joshua Roberts | ReutersThe Federal Reserve announced Wednesday it will leave interest rates unchanged as President Donald Trump’s tariff policies weigh on economic growth.Although inflation receded last month, an escalating trade war threatens to hike prices on consumer goods going forward.”Tariffs on aluminum, steel and oil are essential elements to production across a wide range of products,” said Brett House, an economics professor at Columbia Business School. “Those price increases are going to ripple more widely across the American economy.”National Economic Council director Kevin Hassett recently warned of “some uncertainty” in the weeks ahead because of the United States’ tariff…

By Jonathan Stempel and Niket Nishant NEW YORK (Reuters) -Ripple Labs said on Wednesday the U.S. Securities and Exchange Commission ended its appeal from a court ruling that the regulator’s prior chief had said would make it harder to oversee cryptocurrency markets. The SEC had been appealing a July 2023 decision by U.S. District Judge Analisa Torres in Manhattan that the XRP token sold by Ripple on public exchanges did not meet the legal definition of a security. Torres also gave the SEC a partial victory against Ripple, saying $728 million of XRP sales to institutional investors should have complied…

Bitcoin’s foundational principle of self-custody remains a core debate in the crypto industry. Speaking with Roundtable host Rob Nelson, JAN3 CEO Samson Mow defended the importance of self-custody while acknowledging that many people prefer convenience over complete financial sovereignty. “I’ve always thought the problem with Bitcoin is the best idea is that you hold your own coin and no one can get it. No one can touch it, everything’s yours, and forget about traditional banking. But that’s not what most people want,” Nelson said. “They want easy, fast, reliable, and they want some safety net because they just don’t trust…

The Good Brigade | Digitalvision | Getty ImagesThe ideal time to sell your home may be fast approaching.On average, home sellers who list their properties in the week of April 13 to April 19 this year could sell for roughly $27,000 more than other times of the year, according to a recent report by Realtor.com. The site assessed seasonal trends and housing metrics — but did not factor in mortgage rates because they do not follow seasonal patterns.”This is the right time of year to list and to get ahead,” said Joel Berner, senior economist at Realtor.com.Of course, the ideal…

(Bloomberg) — Michael Saylor’s Strategy (MSTR) is pulling just about every lever it can to pool cash to build on its mammoth Bitcoin (BTC-USD) stockpile, planning to sell another stock-like product with a twist: It can’t be converted into shares and is intended to trade forever. Most Read from Bloomberg The so-called perpetual strife preferred stock is being pitched to investors with an eye-catching 10% dividend, a higher coupon than a separate preferred offering the former MicroStrategy Inc. completed in January. The structure is notable because unlike the previous deal, there’s no conversion price. It’s another unique step for the…

FAISALABAD: Opener Mohammad Faiq struck a magnificent century to help Lahore Region Whites to a massive 134-run win against Larkana Region in their National T20 Cup group match at the Iqbal Stadium, Faisalabad on Monday. Faiq, who brought up his second T20 century in just fourth game, came out all guns blazing as he notched his half-century off just 20 balls, the fastest in the ongoing edition of the tournament. He hit 13 fours and seven sixes in the 56-ball outing and brought up his century with a maximum, off fifty balls. Valuable contributions from Mohammad Akhlaq (35 off 26…

Imane Khelif, who won Paris Olympics boxing gold amid a gender-eligibility row, is determined to defend her title at the 2028 Los Angeles Games and says she will not be intimidated by US President Donald Trump. Trump signed an executive order banning transgender women from female sports in the United States last month and called Khelif “a male boxer” in his speech after signing the order. “I will give you a straightforward answer, I am not transgender,” she told ITV in an interview. “This does not concern me, and it does not intimidate me.” The International Olympic Committee’s executive board…

The headquarters of the Department of Education on March 12, 2025 in Washington, DC.Win McNamee | Getty ImagesThe American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for millions of student loan borrowers.The AFT, one of the country’s biggest labor unions, filed the lawsuit in district court in Washington, D.C., on Tuesday over the Trump administration’s decision to take down the applications for income-driven repayment plans.”By effectively freezing the nation’s student loan system, the new administration seems intent on making life harder for working people, including for millions of borrowers who…

The recent security breach for around $1.5 billion at Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sent ripples through the digital asset community. With $20 billion in customer assets under custody, Bybit faced a significant challenge when an attacker exploited security controls during a routine transfer from an offline “cold” wallet to a “warm” wallet used for daily trading. Initial reports suggest the vulnerability involved a home-grown Web3 implementation using Gnosis Safe — a multi-signature wallet that uses off-chain scaling techniques, contains a centralized upgradable architecture, and a user interface for signing. Malicious code deployed using the upgradable…