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🔔 Fed Holds Interest Rate at 4.50%, Citing Solid Growth and Elevated Inflation ! The Federal Reserve has kept the interest rate upper limit unchanged at 4.50%, matching expectations. Despite net export fluctuations, the economy remains solid with low unemployment and high inflation. The Fed cited growing economic uncertainty and will continue reducing its holdings of Treasuries, agency debt, and MBS assets.
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🗞 Catch up on the news over the last 24 hours! 🔥 Bernstein analysts project companies worldwide could allocate up to $330B to Bitcoin treasuries within 5 years. 🇺🇸 The US House Financial Services Committee has released a discussion draft on the new crypto market structure bill. 🇺🇸 Florida's Bitcoin Reserve Bills HB 487 and SB 550 have failed after the legislature adjourned its 2025 session on May 2 without passing either bill. ⚡️ OpenAI abandons plans to become for-profit, will maintain its nonprofit status with a new structure. 🔥 BlackRock spot Bitcoin ETF bought 5,640 $BTC worth $531.2M on May 5, totaling $4.6B of inflows in 15 days. 🔥 Binance founder CZ thinks Bitcoin price could top between $500,000 to $1,000,000 this cycle. 🇬🇧 UK Treasury rules out national Bitcoin reserve, says following US lead not appropriate for its market. 🔥 Sol Strategies deploys full $20M from ATW deal to acquire 122,524 $SOL at an average price of $148.96. 🇺🇸 New Hampshire just signed a new law to allow the state to invest in cryptocurrency. 🇺🇸 Treasury Secretary Scott Bessent claims having a “central bank digital currency (CBDC) is a sign of weakness.” 📊 Bitcoin outperformed both gold and the S&P 500 last month. 🚨 The US CFTC moves to drop its appeal against prediction market platform Kalshi.
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🔔 Binance Adds Monitoring Tags to ALPHA, HIFI, LEVER, MOVE, PORTAL, and REI ! Binance will apply the Monitoring Tag to six tokens—Stella (ALPHA), Hifi Finance (HIFI), LeverFi (LEVER), Movement (MOVE), Portal (PORTAL), and Rei Network (REI)—starting May 7, 2025, citing higher volatility and risk. Users must complete a risk-awareness quiz every 90 days to trade these tokens. ▶️ Check More Details Here: https://www.binance.com/en/support/announcement/detail/514e8ba0fef0462b97a8ce1506dc474d
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BNB Chain Expands MVB Access With Rolling Applications and Selections
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Binance Will List Maple Finance (SYRUP) and Kamino Finance (KMNO) with Seed Tag Applied https://www.binance.com/en/support/announcement/detail/2ebd8f9d2acc4123a9f372a650760b66
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Latest News
Solana News: Solana Bull Flag and Stablecoin Surge Hint at $220 SOL Price Target
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Bitcoin News Today: Bitcoin Bulls Load Up on Long Positions as Fed Holds Rates Steady
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Bitcoin News Today: Bitcoin Could Rally Despite Fed Holding Rates — Here’s Why Crypto May Still Surge
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Bitcoin News Today: Bitcoin Must Hold Above $95K to Avoid Short-Term Correction, Bitfinex Warns
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Bitcoin News: Bitcoin Realized Cap Hits $890B as Bulls Eye Breakout Toward $100K
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