#PowellRemarks

Here are the latest crypto news updates:

- *Market Trends*: Bitcoin holds above $105,000, with a recent surge above $106,000. Tether mints $1 billion USDT ahead of the FOMC meeting, sparking speculation about liquidity and potential impact on Bitcoin's price.

- *Regulatory Updates*: The US Senate passes the GENIUS Act, a historic stablecoin regulation bill, with bipartisan 68-30 support. This move aims to establish a comprehensive regulatory framework for dollar-backed digital tokens.

- *Security Concerns*: ZachXBT warns of a crypto crime supercycle as hacks escalate in 2025. North Korean hackers target crypto job seekers in India, highlighting the need for increased security measures.

- *Adoption*: Amazon and Google now power 45% of Bitcoin Lightning Network nodes. Thailand grants a five-year tax exemption on crypto income to boost its digital asset sector.