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thomas79bonnie

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Ramaswamy is known for his pro-cryptocurrency stance. In November 2023, he called for mass deregulation of cryptocurrency in his presidential campaign. He dropped out of the presidential race in January 2024.
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Trump appointed Mush and Vivek Ramaswamy to lead the agency and improve governmental efficiency.
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Dogecoin flipped Porsche’s $56 billion market capitalization thanks to Musk’s continued endorsements of the DOGE non-governmental agency, which was seen as a catalyst by memecoin traders, Cointelegraph reported on Nov. 27.
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Four of the top 20 countries in terms of global crypto adoption are from Latin America, namely Brazil, Mexico, Venezuela and Argentina.
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Brazil ranks second in terms of crypto adoption in Latin America, having received over $90.3 billion worth of value through cryptocurrency in 2024, according to an Oct. 9 Chainalysis report.
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Brazil is making “significant strides” in crypto industry regulation, according to Guilherme Nazar, head of Latin America for Binance.
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Binance’s 21st regulatory approval comes after receiving licenses in Argentina, India, Kazakhstan and Indonesia.
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The 24-hour trading volume on Binance exceeded $18.2 billion at the time of publication, nearly triple Bybit’s $6.3 billion daily volume in second place, according to data from Messari.
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The approval makes Binance the first crypto exchange to obtain a broker-dealer license in Brazil.
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In response, the World Foundation has appealed the decision by asking regulators to provide judicial clarity on whether World Network’s Privacy Enhancing Technologies (PETs) meet the legal definition for anonymization in the EU.
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The authority has ordered World to implement a data deletion procedure that adheres to GDPR standards within one month of the ruling’s effective date.
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The BayLDA announced on Dec. 19 that it had concluded its investigation into World’s compliance with the European Union’s General Data Protection Regulation (GDPR).
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German data protection authority, the Bavarian State Office for Data Protection Supervision (BayLDA), has issued corrective measures for the digital identity project World, formerly known as Worldcoin, over its handling of biometric data.
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Bitcoin price fell into a block of bids in the $100,000 to $98,000 zone, and the analyst said that reclaiming the $100,000 to $101,400 zone via spot bidding would be essential before the daily candlestick close.
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Regarding Bitcoin price shorter-term projections, crypto analyst Skew said the drop in BTC cleared “positioning” in “both ways,” as longs were stopped out and “shorts closing in profit.”
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In the presser, Powell emphasized that the re-calibration of Fed policy is a signal that the central bank is ready to adjust its policy to the needs of the US economy.
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The slight shift in perspective essentially takes into consideration upcoming policy changes by the incoming Trump administration, which is expected to roll out tariffs on imported goods, potential mass deportation of millions of undocumented workers and economic policies that could expand the deficit.
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Although market participants had anticipated a 0.25% rate cut, which ticks a box for most traders with bullish price expectations, Powell’s indication that only two more rate cuts would occur in 2025 raised eyebrows. Adding to what some traders view as a hawkish outlook, the Fed committee also raised their 2025 inflation outlook from 2.1% to 2.5%.
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Bitcoin and the wider crypto market sold off as the Fed announced a 25 basis point rate cut to its benchmark policy rate and signaled that fewer rate cuts than initially planned could take place in 2025.
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This dynamic could bolster Bitcoin’s price to over $160,000 in 2025, according to a report shared by Matrixport in a Dec. 13 X post. Matrixport stated:
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