Bitcoin Tops $100K for First Time in 3 Months; Are Upside Targets Too Low?
The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump’s early April Liberation Day tariff announcement.
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The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump’s early April Liberation Day tariff announcement.
Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties.
Holding rates steady, the U.S. central bank took note of the possibility of higher inflation and unemployment.
Bailey, who advised President Donald Trump on crypto policy during his 2024 presidential campaign, is reportedly raising $300 million to buy bitcoin.
The brokerage firm is reportedly considering Arbitrum, Ethereum and Solana for the new platform.
Also: Bitcoin Devs Debate OP_RETURN, World Network Launches in U.S., and Aztec Testnet Launches
The combined company plans to stockpile Bitcoin and offer tax-free equity swaps to accredited holders.
All eyes will now turn to Fed Chair Jerome Powell’s post-meeting press conference for further clues about the central bank’s thinking on monetary policy.
Barclays, JPMorgan, Compass Point and Oppenheimer all cut their first-quarter forecasts last month, citing weaker crypto trading.