As Federal Reserve Chair Jerome Powell was nominated for second term, his language has took a turn in his first hearing before the Senate Banking Committee
“May consider speeding up bond-buying taper”
“To be discussed at FOMC in December”
Followed by more hawkish remarks at the House Committee on Financial Services hearing the following day
Fed’s Beige Book says businesses are feeling stronger inflation
All of the above makes it possible to predict an aggressive hike on base rates by the Fed
First omicron case confirmed in U.S., patient was fully vaccinated and had mild symptoms that were improving.
Surprise announcement from Hengda that it may be unable to repay $260 million debt obligation. Default imminent.
Whale presumed to be a Chinese individual has sold 1500 BTC
Decline widened as a chain reaction from forced liquidation. Approx. 4000 BTC (-28%)
Mass forced liquidation of Defi USDT loans due to volatility
Charlie Munger of Berkshire Hathaway criticizes cryptocurrency
SEC rejects WisdomTree’s spot bitcoin ETF application on the basis that the proposal is not ‘designed to prevent fraudulent and manipulative acts and practices’ and ‘to protect investors and the public interest.’
