Fresh numbers from Polymarket suggest, there’s 78% chance that the SEC will give the green light to an XRP ETF this year.
Trump and Powell meetings are pretty regular
Investors are on pins and needles, practically begging for interest rate cuts to juice up those riskier investments, like crypto.
Bitcoin to a million? Bitwise CEO thinks it’s possible!
Hunter Horsley from Bitwise just dropped a bold prediction, and told that Bitcoin could skyrocket to $1 million.
Impact of Interest Rate Policies and Political Stances on Bitcoin and the Crypto Market
Changes in interest rate policies can significantly affect Bitcoin and digital assets, lower rates drive investment towards cryptocurrencies for higher returns, while higher rates deter investment due to increased borrowing costs and better yields elsewhere.
Market sentiment, volatility, and the role of Bitcoin as an inflation hedge are also influenced by these policies, with the broader crypto market potentially reacting in varied ways based on economic conditions and specific asset uses.
However, the crypto market’s response to interest rate changes is complex, involving numerous factors beyond just monetary policy.
Trump’s pro-Bitcoin stance has spurred institutional interest, with actions like executive orders and the potential for a Bitcoin reserve encouraging more mainstream financial involvement in cryptocurrencies.
His administration’s moves towards regulatory clarity, including task forces and policy rollbacks, aim to create a more conducive environment for digital assets, potentially increasing institutional adoption.
However, the full impact on adoption and clarity will depend on policy implementation, longevity, and global regulatory dynamics.
Ryan Lee, Chief Analyst at Bitget Research
Italy’s authorities are talking about the future of crypto
Italy wants to ramp up its crypto regulation, because with the rapid rise of digital currencies, Italy’s Banca d’Italia and the Italian securities regulator are chatting with crypto firms to tighten up safeguards against financial and cybersecurity risks.
Are Melania and Libra memecoins part of the same shady scheme?
Bubblemaps, the blockchain analysts claim they’ve uncovered some pretty wild connections between the teams behind the Melania and Libra meme coins. Could it be that a single entity orchestrated both of these wild rides?
An actual crypto explosion: 600K new tokens in January
January saw a pretty jaw-dropping jump in new tokens, with over 600,000 new coins hitting the market.
Bitcoin analyst dumps self-custody, saying keys are inconvenient
Popular Bitcoin analyst PlanB just confessed he’s moved all his Bitcoin from his own personal custody into those shiny new spot Bitcoin ETFs.
