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The 7th Annual Emerald Conference Produced by MJBizScience Returns to San Diego

DENVER–(BUSINESS WIRE)–The Emerald Conference, curated by the Emerald Conference’s Scientific Committee, returns in person, February 27-March 1, 2022 to the ... Read More

Draft Bill Would Give US Treasury Power to Ban Crypto Exchanges

Coin Center calls it an effort "to strip our surveillance laws of all public processes."

Bitcoin Reacts to FED Meeting As Rates Likely To Change In March

Bitcoin is dealing with the aftermath of the FOMC meeting which maintained the Fed’s stance that rate hikes and tapering are likely at some point during 2022. BTC rallied substantially leading up to the meeting before losing most of its gains after it was confirmed that relentless money printing may end or at least slow […]

The post Bitcoin Reacts to FED Meeting As Rates Likely To Change In March appeared first on Coin Bureau.

FTX.US, BinanceUS and Gemini jumped into US lobbying in recent months, yet they trail Coinbase’s $1 million quarterly spend

Lobbying in the US continued to heat up at the tail end of 2021, particularly among major crypto exchanges seeking to comply with local regulations.

The post FTX.US, BinanceUS and Gemini jumped into US lobbying in recent months, yet they trail Coinbase’s $1 million quarterly spend appeared first on The Block.

BitDAO Launched $200M ZkDAO To Improve ETH Scaling

BitDAO launched $200 million ZKDAO that will improve Ethereum scaling and as outlined by the creators, ZkDao will be community-driven and is looking for more contributors so let’s read more in our latest Ethereum news today. The proposal to fund decentralized autonomous organization ZKDAO passed in a treasury protocol BitDAO with 200 million votes cast. […]

Mississippi Lawmakers Advance Medical Cannabis Bill To Governor’s Desk

Mississippi Lawmakers Advance Medical Cannabis Bill To Governor’s Desk

Once enacted into law, Mississippi will become the 37th state to regulate the possession and distribution of medical cannabis.

The post Mississippi Lawmakers Advance Medical Cannabis Bill To Governor’s Desk appeared first on The Fresh Toast.

NASA selects a dozen companies for smallsat launch services

Astra

NASA awarded contracts Jan. 26 to a dozen companies, ranging from industry stalwarts to startups yet to launch their first rocket, to provide low-cost launches of agency smallsats.

The post NASA selects a dozen companies for smallsat launch services appeared first on SpaceNews.

Followed by Powell’s Statements; Precious Metals, Crypto Markets, and Stocks Waver

Followed by Powell's Statements; Precious Metals, Crypto Markets, and Stocks Waver

Early Wednesday looked benefitting for the equities, crypto markets, and precious metals that did effectively during the trading session, just a little before the U.S. Central finished their meeting with the Federal Open Market Committee (FOMC). In a press release, the FOMC mentioned of the rise of the benchmark curiosity rate, however, Jerome Powell led by Central Financial Institution mentioned that the FOMC is thinking to ‘raise the federal funds rate at the March meeting.’ The statement of Powell followed by the FOMC meeting with the U.S. Central has observed a hawkish-kind of behavior amongst the buyers alongside the world market dipping in value.  The Clash – While Jerome Powell Wishes the Federal Funds Rates Change in March, FOMC Plans to Speed Up the Process In the press release on Wednesday, the FOMC mentioned that as the inflation rate is about 2 percent followed by a strong labor market, the Committee believes that it can soon raise the federal funds rate target range. As this statement by the FOMC highlights ‘soon,’ it translates that the U.S. Central Bank plans to maintain the baseline interest untouched, at least for now. Furthermore, the press conference attendees were explained by Powell about his opinion and taking into respect the views of most FOMC participants as well, “Inflation risks are still to the upside. There is a risk that the high inflation we are seeing will be prolonged. There’s a risk that it will move even higher. You asked what the risks are, and we have to be in a position with our monetary policy to address all of the plausible outcomes.” To back his opinions, Jerome Powell also said that the benchmark rate may increase in March, and noted that getting the Fed’s balance sheet down will certainly take some amount of time. Powell continued to stress the fact that, “The committee is of a mind to raise the federal funds rate in March assuming that the conditions are appropriate for doing so.”  Situation Following the Fed Statements With the stock markets closing, the following statistics were observed; NYSE dipped 103 factors, the Dow Jones Industrial Average dipped 129 factors. Howbeit, the NASDAQ maintained its position just a few percentages above, and S&P 500 lost only a few percentages. Accompanying the stock market closing, the value of 1 ounce of .999 fine gold slipped down to 1.77% and 1 ounce of .999 fine silver fell to 2.48%.  In consideration of that, the Gold bug and Economist Peter Schiff tweeted, “Powell said that the Fed will begin shrinking its balance sheet at the appropriate time.” He further stated that Powell has no certainty about when the shrinking of the balance sheet will begin and if the FOMC hasn’t discussed this, then what have they done? With the value of gold slipping after Powell’s statements, some users started trolling Schiff.  Even the world cryptocurrency market capitalization was affected greatly, as it dropped greater than 2% to 1.71 trillion. Also, the main crypto-asset bitcoin was a risk-taking task, but this revealed on the Bitstamp that the BTC jumped from $37,400 to #38,946. Just a few hours after Powell’s statement, various high ten crypto properties were lost between 2% to 7% in a few hours. 

The post Followed by Powell’s Statements; Precious Metals, Crypto Markets, and Stocks Waver appeared first on Cryptoknowmics-Crypto News and Media Platform.

UKGC Fines Genesis Global £3.8m for Failures, Including Allowing NHS Nurse to Gamble Beyond Means

The UK Gambling Commission has fined Genesis Global £3.8m ($5.1m) after it ended a two-year investigation into the European iGaming giant’s multiple money laundering and social responsibility failures.

The post UKGC Fines Genesis Global £3.8m for Failures, Including Allowing NHS Nurse to Gamble Beyond Means appeared first on Latest Online Gambling News.

Air Canada flies Team Canada to Beijing

Air Canada’s flight AC2201 on January 26 from Vancouver to Beijing marks the first of three special charter flights transporting Team Canada to the Beijing 2022 Olympic and Paralympic Winter Games. The airline also named its Team Air Canada athlete ambassadors and outlined its comprehensive program in support of Team Canada’s journey to excellence at the 2022 Winter Games. “At […]

Bally’s Will Wait Until April to Launch New York Mobile Sports Betting App, Says Kim

In case you haven’t heard, mobile sports betting in New York is all the rage these days. As the biggest state to launch a multi-operator system, New York quickly established itself as the nation’s top sports betting market, and that was with some approved operators – such as Bally’s Corp. – still on the sidelines. […]

The post Bally’s Will Wait Until April to Launch New York Mobile Sports Betting App, Says Kim appeared first on Casino.org.

Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K

Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Fed’s latest comments deliver little direction.

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