Forward Guidance Newsletter

CME Group’s inadvertent glimpse into possible product plans comes as crypto ETF filings have accelerated in recent weeks

Senator Cynthia Lummis, who is pushing for a national strategic bitcoin reserve, will lead the new subcommittee

FX volatility is believed to be the key exhaust valve of Trump’s tariff and trade policy this year

Corresponding resolutions were introduced to “roll back the disastrous” rule requiring custodial brokers to report transactions

Donald Trump has slightly backed off from the ambitious tariff goals he touted on the campaign trail

Some have called it “a relief” that the task force will be led by the crypto-friendly Hester Peirce

CEO Kris Marszalek touted the new platform’s “deep liquidity [and] stable banking rails” among other notable features

Circle acquired the company responsible for creating the largest tokenized money market fund

During his first 12 hours in office, Donald Trump issued a flurry of expected and symbolic presidential actions

The Calamos Bitcoin Structured Alt Protection ETF — January is set to offer “systematic risk management” across its roughly one-year outcome period

Crypto industry elites (and a journalist or two) donned black tie at the Crypto Ball Friday night

With his inauguration days away, let’s review some of his vows regarding tariffs and SEC guidance

Canary CEO Steven McClurg has “a high level of confidence” there’ll be more spot crypto ETFs in the US market this year

Everything has been somewhat upside down in recent years, leaving many economists befuddled

Ripple’s CLO noted the SEC’s brief is nothing but “a rehash of already failed arguments”

“It’s time for Texas to lead the way in establishing a strategic bitcoin reserve,” Texas senator Charles Schwertner wrote

Haynes Boone’s Arie Heijkoop suggests the decision may help force regulatory clarity around crypto

On tap for hearings today are Trump’s picks for attorney general and CIA director, among others

December’s CPI report shows the central bank has made some progress in moving inflation back down to its 2% target

Ideally, a gradual implementation would allow for negotiations and prevent rapidly rising prices

Analysts still caution investors not to take a cool reading as a sign for future rate cuts

Despite the court not forcing SEC rulemaking at this time, Coinbase execs count the latest opinion as another victory

Fidelity has had “productive conversations” across all client segments when it comes to rising bitcoin ETF usage in 2025

The bitcoin reserve has become one of the more talked-about promises Trump has made to the crypto industry