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.”

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.

“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.

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).

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

This marks the first educational course in Polkadot’s global initiative which is planned to take place in other key jurisdictions.

Kamal Youssefi, president of the Hashgraph Association, told Cointelegraph that the digital assets in Europe, Asia, the Middle East and Africa are booming.

Bitcoin analyst Julian Fahrer wrote to X on Feb. 17 that retirement funds and treasuries in California, Florida, Wisconsin, and North Carolina have the most Strategy exposure, followed by Wisconsin, New Jersey, Texas, Arizona, Colorado, Louisiana, Maryland, Utah and Illinois.

The US Treasury is set to hit its $36 trillion debt ceiling a day after President-elect Donald Trump’s inauguration on Jan. 20.

Treasury Secretary Janet Yellen announced a “debt issuance suspension period” beginning Jan. 21, which is set to last until March 14, according to a letter published on Jan. 17.

According to the report, annual inflation hit 3% in January 2025 — a 0.1% increase over expectations — causing Bitcoin to fall below $95,000 as investors anticipated a high interest rate environment in the coming months.

Persistently stubborn inflation, a looming trade war, and other macroeconomic risks have made investors cautious about investing in risk-on assets like crypto.

The Chicago Mercantile Exchange’s FedWatch tool currently shows that only 3% of market participants believe the Federal Reserve will slash interest rates by 25 basis points at the Fed's next meeting in March.

“Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao said on Feb. 17 on X. “As a shareholder, Binance is not for sale.”

Binance co-founder and former CEO Changpeng Zhao denied rumors that the cryptocurrency exchange is up for sale.

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.

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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