Crypto: Fed Withdrawal Criticized by Lummis
Republican Senator Cynthia Lummis criticizes the Federal Reserve’s withdrawal of crypto guidelines as superficial, citing ongoing reputation risk and regulatory issues. #Update #Crypto $BTC (-3) ↘
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Republican Senator Cynthia Lummis criticizes the Federal Reserve’s withdrawal of crypto guidelines as superficial, citing ongoing reputation risk and regulatory issues. #Update #Crypto $BTC (-3) ↘
Bitcoin’s decoupling from the stock market is confirmed as @Swissblock__ reports $BTC up 15% this month, outperforming S&P 500. Risk index signals bullish momentum. #Update #Crypto $BTC (+5) ↗
Bitcoin ETFs saw net inflows of 29,321 BTC worth $2.78 billion as $BTC surged past $90,000, reports @Lookonchain. Ethereum ETFs gained 20,518 ETH valued at $36.5 million. #Update #ETF $BTC (+7) ↗
Tom Lee of @Fundstrat identifies four bullish indicators for the stock market, including a Zweig breadth thrust and narrowing credit spreads, suggesting potential upside. #Update #Finance (+4) ↗
@InvestAnswers predicts $SOL will outperform $BTC, with Solana potentially rising over 136% to $360. SOL/BTC is currently at 0.001608 BTC ($152). #Update #Crypto $SOL (+4) ↗
@SemlerEric’s Semler Scientific acquires 111 $BTC for $10M, now holding 3,303 BTC total. The flagship digital asset trades at $95,068. #Update #Crypto $BTC (+6) ↗
@Stripe is developing its own stablecoin, powered by Bridge, to enhance dollar access for international firms. Testing begins soon, marking a significant move in the crypto space. #Update #Crypto (+6) ↗
JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan sold shares worth $32.18 million this month, totaling $268.63 million in 2024. #Update #Finance (+3) ↗
@Metaplanet acquired 145 $BTC for $13.473M, reaching 5,000 BTC in holdings as part of its goal to hold 10,000 BTC by 2025. #Breaking #Crypto $BTC (+6) ↗
Pseudonymous analyst Altcoin Sherpa predicts $PEPE memecoin could rise 100% following its consolidation phase, echoing past patterns. PEPE currently trades at $0.00000884. #Update #Crypto $PEPE (+4) ↗
Pseudonymous analyst Inmortal Crypto predicts $SOL will outperform $ETH as the market rebounds, noting recent gains of 65% for SOL compared to ETH’s 33%. #Update #Crypto $SOL (+3) ↗
Arthur Hayes, founder of @BitMEX, predicts $BTC will benefit from US-China trade tensions as governments print money to offset economic impacts. Bitcoin is trading at $94,832. #Update #Crypto $BTC (+3) ↗
Cryptocurrency analyst Benjamin Cowen predicts $BTC will continue outperforming altcoins due to low social interest and current monetary policy. #Update #Crypto $BTC (-3) ↘
Coinbase adds $ZORA, the native asset of the Zora Network, to its listing roadmap for potential trading support soon. #Update #Crypto $ZORA (+3) ↗