@QCPCapital’s analysis highlights the crypto market’s effort to stabilize amid macroeconomic turbulence, emphasizing Bitcoin’s inflation hedge role and potential challenges from a robust U.S. labor market. #Update #Crypto $BTC (→ 0)
President-elect Trump plans to issue an executive order allowing banks to hold $BTC and crypto assets for clients, reversing SEC guideline SAB 121. This move aims to ease financial institutions’ entry into digital assets. #Breaking #Crypto $BTC (+9) ↗
Senator Elizabeth Warren has raised concerns about Treasury Secretary nominee Scott Bessent’s views on crypto regulation, tax policies, and small bank challenges in a 31-page letter, questioning his stance on stablecoins and financial deregulation. #Update #Legal (+3) ↘
Donald Trump Jr. has joined @Kalshi as a strategic advisor, enhancing its position as the first legal US prediction market under CFTC regulation. Kalshi competes with offshore operators like Polymarket, offering contracts on elections and social topics. #Update #Legal (+3) ↗
Bitcoin has tested the $89,000 mark, while Ethereum reached $2,900, highlighting the volatile yet promising nature of the cryptocurrency market. These developments underscore potential opportunities and risks for investors as they navigate this dynamic space. #Update #Crypto $BTC (+5) ↗
Bitcoin’s dip below $90,000 signals bearish sentiment, but bulls are likely to defend the $85,000 level vigorously. This price movement affects multiple cryptocurrencies including $BTC, $ETH, and others in the market. #Update #Crypto $BTC (-3) ↘
Tesla CEO @elonmusk is deploying Cybertrucks and Starlink terminals to provide free Wi-Fi in Los Angeles after wildfires devastated the area, affecting connectivity. The initiative aims to support recovery efforts by offering internet access in impacted regions. #Update #Tech (+6) ↗
As we enter January 2025, $DOGE is gaining traction with a market cap surpassing $50B, trading around $0.34. Analysts like Cephii predict potential growth mirroring past trends, especially with Donald Trump’s inauguration on January 20, 2025. #Update #Crypto $DOGE (+6) ↗
@Chainalysis acquires AI fraud detection platform Alterya for $150M to enhance illicit transaction prevention, leveraging Alterya’s infrastructure to detect fraud before fiat moves to crypto. #Update #Crypto (+6) ↗
The U.S. Department of Justice plans to sell $6.5 billion in Bitcoin linked to Silk Road, but @intotheblock reports the market can absorb this without disruption, despite past volatility from large sales. #Update #Crypto $BTC (+3) →
President-elect Donald Trump plans to issue crypto-focused executive orders on his first day, reshaping US blockchain policy with input from tech leaders like Marc Andreessen and David Sacks. This marks a significant shift from previous regulations. #Breaking #Crypto $BTC (+9) ↗
The US Court of Appeals for the Third Circuit granted @Coinbase a partial victory, criticizing the SEC’s lack of clear crypto rules and demanding better justification for its decisions. #Update #Legal (+7) ↗
@PrimexFinance has announced a public token sale for $PMX from January 20 to 23 across five platforms, with a subsequent listing on Gate.io starting January 31. This marks a key step in enhancing DeFi accessibility and efficiency. #Update #Crypto $PMX (+3) ↗
@BitsLab’s ScaleBit has identified a critical vulnerability in the Uniswap Wallet, allowing attackers with physical access to view the wallet’s seed phrase, posing significant security risks. #Breaking #Crypto (-8) ↘
