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eder

Bitcoin's Surge: How Jerome Powell's Take on Crypto Matters

December 5, 2024

You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no

crypto

Bitcoin's New Fans Face Unique Challenges

December 2, 2024

Imagine this—Bitcoin exchange-traded funds (ETFs) in the US now hold over a million tokens, roughly 5% of the total supply. That's almost the same amount the mysterious creator, Satoshi Nakamoto, owns! But here's a twist: a Senate ally of former President Trump wants to sell some Federal Reserve gol

politics

Jay Bhattacharya's Rise: A Lesson in Science and Freedom

December 2, 2024

Four years back, Jay Bhattacharya was shunned by colleagues at Stanford and silenced on social media for his views on the pandemic. He's come a long way since then. President-elect Donald Trump has nominated him to lead the National Institutes of Health (NIH). If approved, this could be a big win fo

politics

Billionaires Target Federal Agencies for Cuts

November 29, 2024

Billionaires Elon Musk and Vivek Ramaswamy, leading the Department of Government Efficiency (DOGE), aim to slash $2 trillion in federal spending. They've singled out several agencies like the Pentagon and Department of Education for cuts. Musk's SpaceX has contracts with some of these agencies, rais

politics

Trump and Biden's Teams Agree to Share Info: What's Next?

November 27, 2024

You might be thinking, "What's the big deal about some agreement? " Well, this one's pretty important! It lets Trump's team talk to government workers and get some secret info before he becomes president again. This means less chaos when he takes over on January 20th. But hold up, Trump's team isn't

politics

Trump's Plan to Ax Education Department: Easier Said Than Done?

November 26, 2024

President-elect Donald Trump's promise to do away with the U. S. Department of Education sounds simple, but experts say it's anything but. The plan involves complex logistics, congressional approval, and redirecting federal programs. It's doubtful that Congress will go along with it, and if it happe

politics

Top Manhattan Prosecutor to Step Down in December

November 26, 2024

Damian Williams, the U. S. Attorney for the Southern District of New York, will be leaving his post at the end of his term in December. This news came from the U. S. Attorney’s Office in a recent announcement. Williams has held this prestigious role since 2021, when President Biden appointed him upo

health

Missouri Judge Stands by Transgender Surgery Ban

November 26, 2024

In Missouri, a judge has decided he can't overturn the state's ban on transgender surgeries. This ruling comes just before a big Supreme Court hearing on a similar case from Tennessee. The judge, Craig Carter, said he couldn't overturn the ban because there's no agreement on the safety and ethics of

politics

Politicians Debate Funding for Cities Protecting Illegal Immigrants

November 25, 2024

Representative Marjorie Taylor Greene is making waves by calling on leaders of "sanctuary cities" to explain why they deserve federal funding. These cities typically don't help the federal government enforce tough immigration laws. Greene, now heading the Department of Government Efficiency (DOGE) u

politics

A Former Wrestling Executive's Challenge at the Department of Education

November 25, 2024

Linda McMahon, a former wrestling executive, might face a bigger challenge if she becomes the secretary of education. She’ll have to balance giving more power to schools and parents while also introducing new federal controls. President Trump’s administration wants to eliminate the Department of Edu