"When the president starts intervening in monetary policy decisions, the results tend to be bad," says Mr. Kessam, a former Fed official.
Short-term holders of bitcoin exited the market at a loss on Monday as the price fell, while derivatives traders also cut their losses, causing the Chicago Mercantile Exchange's unpositioned squaring futures contracts to drop significantly. According to Glassnode's definition, a short-term holder is an address that has held bitcoin for less than 155 days. The data shows that these addresses transferred more than 21,000 BTC (about $2.20 billion) to the trading platform during the 4.7% drop in bit...
In response to a question about "when Roger Ver will be pardoned", Musk said on the X platform that Roger Ver's renunciation of US citizenship makes him ineligible for pardon. Previously, Roger Ver sent a video to Trump for help, saying he was facing a maximum of 109 years in prison.
Data from decentralized options exchange Deribit shows that as much as $6 billion of nominal value will expire or have no value when the contract closes at 08:00 UTC on January 31st. Fully 50% of these are put options, which give the holder the right, but not the obligation, to sell BTC at a predetermined price for a specified period of time. Bitcoin (BTC) options worth about $7.80 billion are set to expire at the end of this month, with hopes of achieving profitability as the largest cryptocurr...
Earlier this week, Securities Exchange Commission Commissioner Hester Peirce was appointed to lead the agency's newly announced cryptocurrency task force. However, investment bank TD Cowen said her term will end in June, raising concerns about the progress of the cryptocurrency task force. Securities and Exchange Commission commissioners can serve an additional 18 months after their term expires. A report from TD Cowen's Washington research group (led by Jaret Seiberg) on Thursday...
ZachXBT, a detective on the chain, wrote: "When the US government was hacked for $20 million a few months ago, I helped recover a large amount of money and received a zero reward for it."
Coinbase Support replied to users at X that Solana transactions were delayed due to wallet maintenance or blockchain issues, which the team is fixing.
Coinbase Support replied to users on X: As of now, MELANIA is not available on Coinbase or Coinbase Wallet. It is very important to verify the availability of tokens before making any transactions
Bloomberg industry research analyst James Seyffart said in an interview that even if the White House is friendly towards cryptocurrencies, the Solana ETF may not be launched in the United States until 2026. He said issuers were "likely to see an improvement" in the Solana ETF filing lag after President-elect Donald Trump took office on January 20. However, since the SEC used to take 240-260 days to review documents, that timeline could be extended to 2026. This...
Newly elected Republican Senator Tim Scott, chairperson of the U.S. Senate Banking Committee, has announced that developing a regulatory framework for digital assets will be one of the top priorities of the 119th Congress. In a Jan. 15 notice, Tim Scott said the banking committee intends to focus on financial inclusion policies that "create opportunity for America." The committee's priorities include affordable housing, economic national security, regulation, and digital assets. He said: "Under ...
Shaw, founder of ai16z, posted on the X platform: "It's time to start building. I'll take care of some internal affairs in the next two days, and then start streaming development on Eliza v2. The v2 version will be more flexible, extensible, and able to support more use cases and complex interactions. Changes to the v2 version compared to the current framework version include a fully autonomous, unified wallet abstraction layer, plugin regedit, easy setup and installation of new features, event-...
The Chief of Staff of French President Emmanuel Macron announced that Bruno Retailleau has been reappointed as the French Ministry of the Interior; Eric Lombard has been appointed as the French Minister of Finance and Economy; Jean-Noël Barrot has been reappointed as the French Minister of Foreign Affairs; and Amélie de Montchalin has been appointed as the French Minister of Budget.
NFT project Doodles retweeted beeple asking when to issue the coin tweet "WEN TOKEN". Previously, the founder of Doodles, Burnt Toast, posted an unclear text on the social platform this morning, but the initials of each word were "token is coming", which suspected that the token would be released.
International monetary fund (IMF) spokesperson Kozak said when asked about bitcoin's legal tender status in El Salvador that the use of bitcoin will be voluntary. He also said that the U.S. labor market is cooling and inflation is higher than expected, but inflation is trending towards the 2% target. As uncertainty about the U.S. economic outlook remains high, the Federal Reserve needs to adjust the pace and magnitude of interest rate cuts based on upcoming data.
The dollar edged higher ahead of US inflation data for November, due later today. However, Mario Schimmels of the research department of the German Central Bank said the dollar could "depreciate somewhat" in the short term if annual core inflation fell from 3.3 per cent in October to 3.2 per cent in November, as the bank expects. "While the price-depressing effect of energy prices may have lost some of its effect, price pressures in services are expected to ease." He said wage pressures had...