b4823917

@b4823917

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Eli Cohen, general counsel of the RWA tokenizing platform Centrifuge, said in a statement to Cointelegraph that the rule never made “any sense and was unworkable in practice.”

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The resolution now moves to the House, where it will need to be passed before being sent to President Donald Trump. The White House’s AI and crypto czar, David Sacks, has said Trump supports killing the rule.

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“Unless the hearing unveils a near-term purchase plan or a major policy shift, the market’s response will likely be mild, as Texas’ pro-crypto stance is already well known,” Kalchev told Cointelegraph.

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Grayscale’s two funds saw joint net outflows $151.9 million, split between $66.1 million from its Grayscale Bitcoin Trust (GBTC) and $85.8 million from its Bitcoin Mini Trust ETF (BTC).

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Looking ahead, Ren said he was most excited about leveraging AI to improve the decentralized finance trading experience.

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https://warpcast.com/e28315122/0xba0c6ea4

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https://warpcast.com/e28315122/0x7bdcad39

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The US Bureau of Labor Statistics released its January 2024 Consumer Price Index report on Feb. 12, which showed higher-than-expected inflation figures.

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On Feb. 11, Federal Reserve chairman Jerome Powell testified before the Senate Banking Committee and said that the central bank does not “need to be in a hurry” to adjust interest rates — casting doubt over future rate cuts in 2025.

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The United States debt ceiling is flashing a critical warning sign for Bitcoin, which may experience a temporary correction to $70,000 before the next leg up in the market cycle.

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Coinbase hired History Associates Incorporated to submit a FOIA request to the FDIC, which was denied and resulted in legal action to obtain the letters.

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The FDIC sent the Coinbase executive heavily redacted versions of the letters — prompting Judge Ana Reyes to order the agency to produce more transparent documents.

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This ETP, set to launch in Q1 2025, will provide traditional finance investors in Europe with exposure to Floki, a memecoin ranked 66th by market capitalization.

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The Floki DAO has unanimously voted to allocate part of its community buyback wallet, containing 16.3 billion Floki tokens, as liquidity for the upcoming Floki Exchange-Traded Product (ETP).

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Etherscan data shows the KEKIUS memecoin was created on Dec. 13, which accumulated $11.4 million by Dec. 31 before exploding to $380 million at its peak on Jan. 1, according to CoinGecko.

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https://warpcast.com/b4823917/0x2829570c

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“Meanwhile, CPI, PPI, and PCE inflation are all back on the rise as the labor market weakens,” The Kobeissi Letter noted, adding:

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A 25 basis points cut will mark the Fed’s third rate cut of 2024, bringing the total reduction to 100 basis points.

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According to data from CME Group’s FedWatch Tool, the odds of the Fed keeping interest rates unchanged are now standing at 4.6% at the time of writing, against 95.4% for a 0.25% rate cut.

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As such, market participants have now turned their focus on the US Federal Reserve’s interest rate cut decision later today.

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