Coin Stories

News Block: Bond Yields Spike, FDIC Bitcoin Crackdown Exposed, Fed’s Barr Resigns, CFTC’s Behnam Steps Down

Jan 8, 2025
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INSIGHT

Bond Yields and Bitcoin

  • Rising bond yields make bonds more attractive compared to assets like Bitcoin.
  • This can decrease demand for Bitcoin and signal tighter monetary conditions, putting pressure on its price.
INSIGHT

Operation Chokepoint 2.0

  • Regulators used "Operation Chokepoint 2.0" to restrict crypto's access to banks, hindering industry growth.
  • Unredacted letters reveal a coordinated effort to stifle crypto innovation.
INSIGHT

Regulatory Changes and Bitcoin

  • Resignations of Michael Barr and Rostin Behnam offer a chance for pro-Bitcoin appointments.
  • This could lead to a regulatory overhaul under the new administration.
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