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JUST IN:🇨🇿 Czech National Bank officially agrees to assess investing in additional asset classes including Bitcoin.
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🔥 JUST IN : Norway’s 🇳🇴 sovereign wealth fund expands Bitcoin💰 exposure by investing in Microstrategy and related firms.
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JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says "banks are perfectly able to serve crypto customers."
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🇺🇸POWELL: fed’s role with crypto is to look at banks
🇺🇸POWELL: banks are perfectly able to serve crypto customers as long as they manage the risks
🇺🇸POWELL: fed doesn’t want banks to terminate legal customers
🇺🇸POWELL: greater regulation on crypto would be helpful
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powell: we do expect to see further progress on inflation
powell: right now we feel like we’re in a very good place
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JUST IN: 🇺🇸 Texas Lieutenant Governor Dan Patrick unveils plan to establish a "Texas Bitcoin Reserve" in 2025.
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The Fed held rates steady as widely expected.
The FOMC statement contains only minor changes that mark to market recent economic developments:
"Labor market conditions remain solid"
"Inflation remains somewhat elevated."
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⚡️JUST IN : Bank of Canada 🇨🇦 cuts key interest rate by 25 bps to 3%, estimated at 3.00%.
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🚨JUST IN : Two #AeroDrome contributors suspended for insider trading during $VVV launch following investigation.
$VVV Down -23%
Coinbase said yesterday that it will pay attention to the coins it lists, interesting.
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RECENTLY: A hacker stole $29M in SUI from a victim on December 12, bridging the funds to Ethereum via Tornado Cash, as crypto hacks surged to $3.01B in 2024, according to PeckShield.
