Fed expected to make third rate cut today—here’s what to expect
Key Takeaways
- The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%.
- Increased market instability is possible as the event looms.
- UK seeks feedback on AI’s use of copyrighted material in training
- Wyoming Senator Cynthia Lummis: ‘2025 Will Be the Year for Bitcoin and Digital Assets’ – Decrypt
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Tangem wallet collected user seed phrases via email glitch
Tangem said it resolved a bug in its app that risked exposing private keys, but users have criticized its muted response.
Gensler exits SEC saying crypto regulation remains a work in progress
Key Takeaways
Gary Gensler leaves his position as SEC chair after completing 100 crypto-related enforcement actions.
Paul Atkins is nominated to succeed Gensler and might adopt a more lenient approach to crypto regulations.
Bitcoin SoV Thesis Gains Traction – Metrics Reveal $1.03 Trillion Now Held On The Network | Bitcoinist.com
Bitcoin continues to demonstrate resilience, holding above crucial demand levels after its recent decline from all-time highs. While the market grapples with negative sentiment and a wave of bearish predictions, BTC price action remains steady, offering hope to investors eyeing a potential recovery.