Tag: Cuts

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega […]

Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Criticizes Norwegian Government Amid Concession Cuts to Miners Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release […]

The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban

The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban In this edition of The Daily, we cover reports that the U.S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain. Also, […]