Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities. Source link
Day: January 29, 2025
Trump may tighten restrictions on Nvidia sales to China — Report
The Trump administration must balance national security concerns with promises to keep US companies dominant in global markets. Source link
Ethereum price will stick below $3.5K until these 3 things happen
It will take more than Ethereum’s upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why. Source link
Fed chair calls for Congress to move on crypto ’regulatory apparatus’
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 link
Robinhood hints at Bitcoin futures launch
Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange. Source link
Bitcoin rallies to $104.7K after Fed FOMC ‘nothing burger’ lines up with market expectations
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus. Source link
Crypto PAC-supported candidates win Florida congressional primaries
Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1. Source link
XRP bull trap lurks below $2.95 — Will altcoin traders take the bait?
An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs. Source link
Bitcoin holds $100K as Fed keeps rates steady, Powell remains cautious on cuts
Key Takeaways The Fed maintained rates at 4.25%-4.50%, with Powell avoiding commitments on future cuts while removing prior language on inflation progress. Bitcoin declined 1% following the Fed’s announcement but remains above $100K, currently trading just below $102K. Share this article The Federal Reserve maintained interest rates between 4.25% and 4.50% on Wednesday, while removing previous language acknowledging progress on inflation from its statement. Fed Chair Jerome Powell indicated that future rate adjustments will be contingent on incoming data, labor market trends, and inflation developments. Bitcoin dropped 1% after the…
Gary Gensler returns to MIT — Here’s what he taught last time
Gensler asked his students at the outset of his previous course at MIT whether they thought crypto would change the future of finance. Source link