Crypto News
Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’
Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rateSource link
Play-to-Earn Declines as Blockchain Gaming Shifts to Ecosystem Integrations
A recent survey shows reduced UX friction as traditional gaming expertise shapes blockchain, but mainstream credibility remains a challenge.Source link
HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open...
PRESS RELEASE. The second stop of HTX DAO’s “Confidence Journey” in China concluded successfully on December 13, 2024. The event, hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, featured prominent figures like Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson forSource link
Bitcoin, Crypto Eye Recovery as Analysts Bet on Resilience Despite Fed’s Hawkish Pivot
The Fed's 25 basis point cut on Wednesday was expected, but analysts suggest concerns over prolonged high rates may be overblown for Bitcoin.Source link
Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut
Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market movement left many traders reeling as bitcoin’s value hovered between $100,900 to $101,150 per coin by press time. Derivatives Liquidations Soar as Bitcoin Falls The latestSource link