Thug Crypto

JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says "banks are perfectly able to serve crypto customers."

Bitcoin 104,500$ 💰🚨🔥

🇺🇸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

Bitcoin 104,000$ 💰🚨

ETH JUST HITS 3,200$ 💰🚨

Bitcoin reverses back to 103,000$ 💰🚨

🇺🇸POWELL: we do expect to see further progress on inflation 🇺🇸POWELL: right now we feel like we’re in a very good place

🇺🇸 POWELL: Rapid interest rate cuts could negatively impact inflation.

JUST IN: 🇺🇸 Texas Lieutenant Governor Dan Patrick unveils plan to establish a "Texas Bitcoin Reserve" in 2025.

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."

nigga.

JUST IN : FED LEAVES RATES UNCHANGED

4 minutes until FOMC .

⚡️JUST IN : Bank of Canada 🇨🇦 cuts key interest rate by 25 bps to 3%, estimated at 3.00%.

🚨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.

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.

⚡️JUST IN : SEC deletes all records of ripple #XRP 💰 civil litigation from official website.

JUST IN: 🇦🇷 Coinbase receives regulatory approval to launch crypto services in Argentina.

Bitcoin hits 103,000$ 📈