Morning News Update #Web3
đïž #Texas Governor Abbott signs HB 4488 protecting state #Bitcoin reserves. Decision pending on SB21 allowing Texas crypto investment (deadline June 22).
đ US markets mixed: Nasdaq -0.51%, S&P -0.22%, Dow +0.08%. #Circle ($CRCL) hits record +20%, tech mostly down with Google -4%.
đž #Trump pressures #Powell for rate cuts, calls him "Mr. Too Late." Claims 1-2% rates could save $1T annually, hints at possible firing.
đ Bloomberg analysts James Seyffart (@JSeyff) raise spot crypto ETF approval odds to 90%+ citing positive #SEC signals. Timing expected 1-2 months or post-October.
⥠#Norway considers temporary crypto mining ban to free up power amid rising electricity costs from Ukraine war impacts.
