Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
– Regulating the cryptocurrency industry continues to be a contentious issue in the U.S. as a majority of lawmakers in the Senate passed a joint resolution on Thursday calling for the Securities and Exchange Commission to strike down a rule affecting financial institutions doing business with crypto firms.60 Senators voted ‘aye’ to H.J.Res. 109, a resolution that nullifies the SEC’s Staff Accounting Bulletin No. 121 , while 38 voted against the measure.
is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market.
Cryptocurrency and stock prices pulled back on Thursday as “soft” CIP hype faded, letting the reality of sticky inflation and potential rate hikes reenter the minds of investors. - Despite its criticism of being an outdated relic, billionaires appear to be taking a new interest in gold.The greatest macroeconomic story ever told? How high rates and boomer spending saved America
If the boomers’ spending cushion and the Fed’s medium-high rates combine to accomplish nothing other than preventing mass unemployment, this would still be among the least damaging downturns in modern history and one of the greatest macroeconomic stories ever told.