The Federal Reserve maintained interest rates at 4.25%-4.50%, with Chair Jerome Powell avoiding future cut commitments, impacting $BTC, which dipped 1% but stayed above $100K, trading near $102K. #Update #Crypto $BTC (→ 0)
Howard Lutnick, Trump’s Commerce Secretary nominee, advocated for US stablecoin audits backed by Treasuries during his confirmation hearing. He defended @Tether against illicit use claims and supported AI for blockchain security. #Update #Crypto (+3) ↗
Howard Lutnick, Trump’s Commerce nominee, faces scrutiny from Senator Elizabeth Warren over ties between @Tether_to and Cantor Fitzgerald, alleging links to criminal activity. Lutnick supports increased auditing for stablecoins like $USDT. #Update #Legal $USDT (-3) ↘
Chinese startup @DeepSeek has launched its open-source AI model, DeepSeek-R1, challenging giants like OpenAI with a $6M budget and innovative technology. Concerns about data privacy and potential ties to the Chinese government have emerged. #Breaking #AI #DeepSeek (-8) ↘
Dogecoin ($DOGE) is closing January positively at $0.33, up 4.25% from its open, despite market volatility and competition from Donald Trump’s meme coin. February’s outlook hinges on maintaining support above $0.315 to sustain momentum. #Update #Crypto $DOGE (+3) ↗
@RobinhoodApp is set to expand into bitcoin futures and multi-asset derivatives, challenging industry giants like Charles Schwab and diversifying its offerings. #Update #Crypto $BTC (+6) ↗
@Coinbase has added Chris LaCivita, Trump’s 2024 strategist, and Bill Dudley, former NY Fed president, to its advisory council to enhance strategic guidance amid regulatory challenges. #Update #Crypto (+3) ↗
Cardano is activating the Plomin hard fork, enabling on-chain voting and advancing decentralization through CIP-1694 as it enters the Voltaire era, empowering $ADA holders with governance control. #Update #Crypto $ADA (+6) ↗
MicroStrategy’s (@MicroStrategy) launch of its perpetual preferred stock (STRK) is attracting institutional interest, offering stable yields and optional equity upside, with analysts highlighting its potential to outperform traditional convertible bonds. #Update #Finance (+6) ↗
@TMTGOfficial’s Truth Social expands into financial services with Truth.Fi, planning to invest $250M in $BTC and similar assets, despite @CharlesSchwab’s restrictions on individual crypto purchases. Bitcoin price falls 1.6% to below $102,000. #Update #Crypto $BTC (+3) ↗
The U.S. Senate confirmed Donald Trump’s nomination of Scott Bessent as Treasury Secretary, sparking optimism in the crypto market with Bitcoin near $102,000 and digital asset investments reaching $5 billion. #Breaking #Crypto $BTC (+8) ↗
@TrumpMedia is launching Truth.Fi with up to $250 million for investments in $BTC, other cryptocurrencies, crypto-related securities, ETFs, and industries supporting U.S. economic growth. #Breaking #Crypto $BTC (+8) ↗
The Czech National Bank is considering adding $BTC to its reserves, marking a significant shift in its monetary strategy amid growing interest in cryptocurrencies. This move aligns with global trends of central banks exploring digital assets. #Update #Crypto $BTC (+3) ↗
@TrumpMedia’s Truth.Fi to invest $250M in fintech, Bitcoin, and ETFs with Charles Schwab as advisor, focusing on American growth sectors and the Patriot Economy. Launch expected in 2025 pending approvals. #Update #Crypto (+7) ↗
