Powell Adopts Cautious Stance on Future Rate Cuts, Rules Out Rate Increases for Next YearFederal Reserve Chairman Powell indicated a cautious stance on future rate cuts, ruling out hikes next year. He highlighted inflation's rebound and warned that potential tariff policies under Trump could restric

A recent study by NFT Evening highlights Bitcoin’s incredible wealth generation potential, revealing that its price surge past $100,000 has led to the creation of 14,211 new millionaires and four new billionaires. The report emphasizes that Bitcoin (BTC) investors have become millionaires 22 times f

1. BTC Market TrendFrom December 16 to December 18, the BTC spot price swung from $1000,036.77 to $108,580.97, an 8.54% range. The key recent statements from the European Central Bank (ECB) over the past three days are as follows:1) On December 16, ECB Governing Council Member Wunsch stated that the

U.S. Senator Cynthia Lummis (R-WY) has declared 2025 a transformative year for cryptocurrency, highlighting plans for a strategic Bitcoin reserve and comprehensive pro-crypto legislation under President-elect Donald Trump’s leadership. Lummis voiced her enthusiasm on social media platform X, describ

A recent poll by Emerson College reveals that 19% of U.S. voters have invested in, traded, or used cryptocurrency at some point. The survey, conducted from December 11 to December 13, 2024, polled 1,000 registered voters and found that nearly 40% of crypto users have also used their crypto for purch

Powell: Federal Reserve Declines Bitcoin Holdings and Government Reserve Participation PlansFederal Reserve Chairman Jerome Powell stated after a monetary policy meeting that the Fed has no plans to join government Bitcoin reserve initiatives. He clarified the Fed cannot hold Bitcoin, and any relate

Trump Proposes Using $200 Billion U.S. Treasury Forex Fund to Build Bitcoin ReservesUS President-elect Trump intends to establish a Strategic Bitcoin Reserve (SBR) through the Treasury’s Exchange Stabilization Fund (ESF), projected to surpass $200 billion by October 2024. This move seeks to secure t

Overview:Catch up the highlights from Dec 1 to Dec 15, 2024. During this period, Bitcoin’s price soared past $100K for the first time, reaching an astonishing $107,780. With improving macroeconomic conditions and a surge of institutional capital flooding the market, the crypto industry is forging ah

U.S. President-elect Donald Trump is set to roll out sweeping regulatory reforms aimed at easing economic burdens and promoting job growth. Speaking on Monday, Trump reaffirmed his administration's commitment to cutting regulations that he believes hinder economic progress. He outlined a bold plan t

Satoshi Nakamoto Becomes the World’s 16th Richest Person as Bitcoin Prices SoarSatoshi Nakamoto, Bitcoin's founder, has become the 16th richest person worldwide with a $106 billion net worth, as Bitcoin's price soared to $106,000, overtaking Michael Bloomberg in the global wealth rankings.Fed Offici