U.S. Government

Nearly $20 million in cryptocurrencies has been reportedly drained out of U.S. government-linked wallets holding funds seized from the Bitfinex cryptocurrency exchange hack. What Happened: About $14 million in the Aave USDC (AUSDC) stablecoin, $5.4 million in USD Coin (CRYPTO: USDC), $1.1 million...

Palantir Technologies (NYSE:PLTR) CEO and co-founder Alex Karp didn't hold back when discussing how the company could help military governments in a recent interview ahead of a presentation on artificial intelligence. What Happened: Palantir may be one of the most hard-to-explain companies. Yet, it...

Former President Donald Trump lent his support to cryptocurrencies once again, noting that the U.S. government shouldn't be selling Bitcoin (CRYPTO: BTC).  What Happened: In an interview with prominent YouTuber Adin Ross Monday, the Republican presidential candidate dubbed cryptocurrencies as...

The U.S. government was seen moving millions in Bitcoin (CRYPTO: BTC) to cryptocurrency exchange Coinbase, sparking speculations about the true motivation behind the transfer. What Happened: According to on-chain data, a wallet linked to the U.S. government deposited 58.74 BTC, worth nearly $4...

In a considerable move, the U.S. government recently transferred 3,940 Bitcoin, worth approximately $241 million, to Coinbase. This transaction, tracked by Arkham Research, has sparked discussions regarding government-held cryptocurrencies and their management. Update: US Government Sends $240M...

Mike Novogratz, the head of Galaxy Digital (OTC: BRPHF), has expressed a significant shift in his views regarding Ripple (CRYPTO: XRP), recognizing it as a substantial institution and acknowledging the dedication of its community, often referred to as the "XRP army." In a...

The U.S. Department of Justice and the U.S. Department of Labor on Tuesday announced separate settlement agreements with Facebook, Inc (NASDAQ: FB) regarding its use of the permanent labor certification program (PERM).  Facebook has agreed to pay up to $14.25 million to settle civil...

Bitcoin (CRYPTO: BTC) reached a new three-month high Monday amid further developments for a cryptocurrency regulation bill. The bill would require U.S. crypto exchanges to send 1099 forms to the IRS reporting trades on behalf of U.S. customers, FTX founder and CEO Sam Bankman-Fried said...

Stocks such as GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC) and Rocket Companies Inc (NYSE: RKT) sparked a lot of interest — and some controversy — this year. These companies' share prices rose more than 250% in one day, ultimately...

Conventional wisdom suggests that government shutdowns don’t matter much to the markets. That proposition might get tested Tuesday. U.S. stock indices turned a bright shade of green after news of a potential border deal in Congress to avoid a shutdown that could start this Saturday. While the...

It’s crunch time, and that doesn’t just mean the crunch of snow under boots as more snow and extreme cold blow into much of the country. This is arguably the most crucial earnings week of the season, with names ranging from Boeing Co (NYSE: BA) to Apple Inc (NASDAQ: AAPL) to...

Because of the now record-breaking partial government shutdown, the U.S. aviation industry is beginning to feel the consequences of lapsed federal funding. A coalition of 34 aviation industry groups ranging from the Air Line Pilots Association to the U.S. Travel Association sent a letter to...

With no end in sight to the partial government shutdown, there's growing concern that the ability to move water-borne freight could shift into crisis mode the longer the shutdown continues. That's because much of the work that gets done behind the scenes in the US maritime industry is done...

As the 116th Congress convenes today, changes in leadership among House and Senate committees will be important to the success or failure of an infrastructure agenda. Will that agenda find bipartisan support by politicians looking to score political points on Capitol Hill and within the Trump...