Money

Crypto gets two big wins and a loss in the U.S. this week

Published

2 years ago

July 29, 2023

During this week before the August recess, the U.S. Congress made significant strides in addressing digital asset regulation, delivering two favorable outcomes and one potential setback for the crypto industry.

Firstly, the House Financial Services Committee passed a bill that aims to create a clear regulatory framework for payment stablecoins. The bill also permits new stablecoin issuers to enter the market, subject to specific conditions.

Representative Patrick McHenry, the committee chair, emphasized that the Clarity for Payment Stablecoins Act establishes a consistent federal foundation for digital assets, ensuring stablecoins are backed by specific high-quality liquid assets on a one-to-one basis to safeguard consumers.

Despite concerns from some Democrats who argued the bill allows broad discretion to regulators in expanding the list of eligible reserve assets, it gained support from several Democrats, moving it forward for consideration.

Secondly, the same committee advanced another long-awaited framework for crypto regulation. This framework provides clarity on whether a digital asset should be classified as a commodity or a security for regulatory purposes, following extensive discussions and debates between committee Republicans and Democrats.

Crypto industry

These advancements can be considered victories for the crypto industry, which had faced reputational challenges after the failure of crypto giant FTX last year.

However, amidst these triumphs, the Senate passed a substantial defense funding bill that incorporates measures opposed by the digital assets industry.

Among them, the bill grants the Treasury Department the authority to establish examination standards to prevent cryptocurrencies from being used for illicit financing.

Furthermore, it instructs the Treasury to conduct a study on countering anonymous crypto transactions and seeks recommendations for potential legislation.

Money

Commodities surge as oil volatility and metals hit record highs

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Published

3 hours ago

January 16, 2026

Harvey Vargas

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Global commodities are on the move, with oil prices swinging sharply as geopolitical tensions involving Iran fuel uncertainty across energy markets. Traders are closely watching supply risks and political flashpoints, driving short-term volatility.

Precious metals are stealing the spotlight, pushing to record highs as investors seek safety amid inflation concerns, interest-rate uncertainty and rising global risk. At the same time, industrial metals are surging, supported by demand expectations and tightening supply.

To unpack what this means for markets and investors, we’re joined by Kyle Rodda from Capital.com to break down the key drivers behind this powerful commodities rally.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Commodities #OilPrices #Gold #Metals #MarketVolatility #Geopolitics #Investing #TickerNews

Money

Stocks slide and Trump cancels talks: What’s next for markets and Greenland?

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

Published

2 days ago

January 15, 2026

Harvey Vargas

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

U.S. stocks fell for a second day on Wednesday, with the S&P 500 dropping 0.9% and the Dow Jones losing 164 points. Investors are reassessing record-high levels as major banks report weaker-than-expected earnings.

Wells Fargo shares tumbled more than 5% after disappointing revenue results, while Bank of America is down roughly 7% week to date. Citigroup and Wells Fargo have both seen declines of about 8%, highlighting volatility in the banking sector.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #SP500 #DowJones #BankEarnings #TrumpNews #Iran #Greenland #Geopolitics

Money

U.S. budget deficit falls to $1.67 trillion

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

Published

2 days ago

January 15, 2026

Harvey Vargas

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

The US budget deficit has dropped to $1.67 trillion in 2025, the lowest in three years, driven by record customs revenue from President Donald Trump’s tariffs. While this marks a positive shift for the economy, challenges loom with potential Supreme Court rulings on tariffs and falling corporate tax receipts.

David Scutt from StoneX explains the key factors behind the decline in the deficit and what December’s figures reveal about the overall fiscal health of the US.

We also explore the potential implications of upcoming Supreme Court decisions and how the One Big Beautiful Bill Act could impact future deficits. Stay informed on what these changes mean for the economy and markets.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USBudget #DeficitUpdate #TrumpTariffs #FiscalPolicy #Economy2025 #SupremeCourtImpact #CorporateTaxes #FinancialNews