BTC Stable above $100k, FOMC today, Memes & AI coins Bleed BTC stays above $100k ahead of Fed, alts fall. Czech central bank to propose $7bn BTC reserve. Utah advances bill to invest in crypto. South Dakota latest state to consider BTC reserve. Crypto mining stocks keep falling after DeepSeek. SEC removes XRP lawsuit from its website. Lummis criticises SEC…
Tesla reported a $600 million gain on its Bitcoin holdings in the fourth quarter after adopting a new accounting rule that allows companies to value digital assets at market prices each quarter. The electric vehicle maker’s Bitcoin holdings stand at 11,509 BTC, according to Arkham Intelligence data, with its value estimated at $1.19 billion based on current market prices. Tesla,…
French authorities have launched a judicial investigation into cryptocurrency exchange Binance over alleged money laundering, tax fraud, and unauthorized operations. The Paris public prosecutor’s office stated that the probe, covering 2019 to 2024, includes suspected money laundering linked to drug trafficking across the EU. Complaints from users who claimed financial losses and misleading information triggered […] Source: https://news.bitcoin.com/binance-faces-french-probe-over-alleged-money-laundering-and-fraud/
The Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to customers or pioneering new services. Fed Chair Jerome Powell said during a Wednesday press conference that the U.S. central bank is “not against innovation,” and that “banks are perfectly able to serve crypto customers, as long as they understand and…
Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities. Source: https://cointelegraph.com/news/texas-governor-bitcoin-reserve-priority-bill-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to […] Source: https://news.bitcoin.com/no-rate-cut-powells-steady-hand-defies-political-pressure-crypto-gains-amid-equity-retreat/
Wall Street billionaire Howard Lutnick, President Donald Trump’s pick for Commerce Secretary and a noted Bitcoin bull, said during his Senate confirmation hearing Wednesday that he would support government audits of stablecoin reserves. Lutnick’s own firm, Cantor Fitzgerald, currently custodies billions of dollars in assets that back Tether, the world’s largest stablecoin. The world has had to take the company’s…
The Trump administration must balance national security concerns with promises to keep US companies dominant in global markets. Source: https://cointelegraph.com/news/trump-tighten-restrictions-nvidia-sales-china?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
It will take more than Ethereum’s upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why. Source: https://cointelegraph.com/news/ethereum-price-will-stick-below-3-5-k-until-these-3-things-happen?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households. Source: https://cointelegraph.com/news/fed-chair-jerome-powell-crypto-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
