WHAT HAPPENED OVERNIGHT?
Here are the 11 most important crypto highlights:
đïž Unanimous 12-0: Fed raises the key interest rate for the first time since July 2023 by 25 bp.
đ Bitcoin is digesting the news quite well and is holding around $76,000.
đșđžđ„ OFFICIAL: Finance Committee advances the BTC Reserve Act (H.R. 8957) to enshrine it in law.
đ More interest rate steps in sight: 89% chance of a hike by December, Goldman Sachs already expects one in October.
đŁïž Trump attacks Fed Chair Warsh and demands interest rates of 1% or lower.
đ Bitcoin decouples from US stocks and the Dollar Index.
âïž After the CLARITY failure, SEC and CFTC are making haste for their own crypto rules.
đïž CLARITY Act not dead yet: JPMorgan sees a narrow window for a comeback in the lame-duck session.
đ©đȘ Deutsche Bank launches crypto custody for institutional clients in Europe.
đ Zcash jumps +23% after the vote for a major network upgrade.
đ Tokenization is gaining traction: Ondo becomes the first company to go live on the DTCC.
#Binance #US
Here are the 11 most important crypto highlights:
đïž Unanimous 12-0: Fed raises the key interest rate for the first time since July 2023 by 25 bp.
đ Bitcoin is digesting the news quite well and is holding around $76,000.
đșđžđ„ OFFICIAL: Finance Committee advances the BTC Reserve Act (H.R. 8957) to enshrine it in law.
đ More interest rate steps in sight: 89% chance of a hike by December, Goldman Sachs already expects one in October.
đŁïž Trump attacks Fed Chair Warsh and demands interest rates of 1% or lower.
đ Bitcoin decouples from US stocks and the Dollar Index.
âïž After the CLARITY failure, SEC and CFTC are making haste for their own crypto rules.
đïž CLARITY Act not dead yet: JPMorgan sees a narrow window for a comeback in the lame-duck session.
đ©đȘ Deutsche Bank launches crypto custody for institutional clients in Europe.
đ Zcash jumps +23% after the vote for a major network upgrade.
đ Tokenization is gaining traction: Ondo becomes the first company to go live on the DTCC.
#Binance #US
