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Bitcoin(BTC) Surpasses 85,000 USDT with a 3.86% Increase in 24 Hours
On Mar 19, 2025, 18:53 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 85,000 USDT benchmark and is now trading at 85,100.390625 USDT, with a narrowed 3.86% increase in 24 hours.
Federal Reserve Chair Powell Discusses Tariff Impact on Inflation
According to Odaily, Federal Reserve Chair Jerome Powell addressed the issue of tariffs during a press conference, marking the first time he has done so. When questioned about the revision of inflation forecasts and the extent to which tariffs influence these predictions, Powell acknowledged the difficulty in determining how much inflation is driven by tariff policies. He stated that a significant portion of inflation is clearly attributable to tariffs, and the Federal Reserve will strive to und
Federal Reserve Chair Powell Discusses Economic Policy Flexibility
According to Odaily, Federal Reserve Chair Jerome Powell stated that if the economy remains robust, the Federal Reserve can maintain a restrained policy for a longer period. Conversely, if the labor market weakens, the Fed is prepared to ease policies as necessary. Powell also noted signs of increased tightening in the monetary markets.
Federal Reserve's Decision Appears Dovish Amid Economic Concerns
According to Odaily, Neil Dutta from Renaissance Macro suggests that the Federal Reserve's recent decision seems dovish. The Fed has expressed concerns that tariffs could negatively impact economic growth, unemployment, and inflation. Despite raising the core inflation forecast by 0.3 percentage points, the median interest rate remains unchanged, indicating two more rate cuts within the year. If the core inflation rate falls below the current forecast, there may be room for rate cuts from 2026 t
According to Odaily, the Federal Reserve's Federal Open Market Committee (FOMC) has updated its economic projections, indicating a median GDP growth rate of 1.7% for 2025. This marks a decrease from the previous forecast of 2.1% made in December of last year.
Federal Reserve's Waller Opposes Interest Rate Decision
According to Odaily, the Federal Reserve's Federal Open Market Committee (FOMC) statement revealed that Federal Reserve Governor Christopher Waller opposed the recent interest rate decision. Waller supports maintaining the current policy rate but prefers not to alter the pace of balance sheet reduction.
Federal Reserve to Slow Balance Sheet Reduction in April
According to BlockBeats, the Federal Reserve's Federal Open Market Committee (FOMC) has announced plans to decelerate the pace of its balance sheet reduction starting April 1. This decision marks a shift in the central bank's approach to managing its financial assets.
Federal Reserve Projects Two Interest Rate Cuts in 2025
According to BlockBeats, the Federal Reserve's latest dot plot indicates that two interest rate cuts are anticipated in 2025. This projection aligns with the forecast made in December of the previous year, which also predicted two rate reductions.
U.S. Investment Landscape Faces Challenges Amid Accredited Investor Rule
According to CoinDesk, U.S. President Donald Trump has recently introduced initiatives aimed at attracting foreign investment, including a proposed Gold Card that would grant legal status to foreign investors for $5 million. Additionally, he highlighted a significant $200 billion investment from Japan's SoftBank during his Joint Address to Congress. While these efforts to draw offshore investment are noteworthy, there is a growing concern about untapped investment potential within the United Sta
According to BlockBeats, market data indicates that the U.S. Dollar Index (DXY) has experienced a notable daily rise, expanding by 0.50% to currently stand at 103.76.
Major Companies Collaborate to Expand AI Infrastructure in the U.S.
According to PANews, xAI, led by Elon Musk, and Nvidia have joined forces with Microsoft, Blackstone, and MGX Investment Fund to enhance AI infrastructure in the United States. The initiative, named the AI Infrastructure Partnership, aims to raise over $30 billion to develop data centers and energy projects supporting large-scale AI models. The first data center is scheduled for completion in 2026 in Abilene, Texas, and will house approximately 400,000 Nvidia AI chips, providing 1.2 gigawatts of
Dubai Land Department Launches Real Estate Tokenization Pilot Program
According to CoinDesk, the Dubai Land Department (DLD) has initiated a pioneering real estate tokenization pilot program, marking a significant step as the first property registration authority in the Middle East to implement blockchain technology for property title deeds. This initiative is developed in collaboration with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation (DFF), aligning with Dubai's 2033 real estate strategy and its broader ambition to establish its
SEC Drops Appeal Against Ripple, XRP Tokens Considered Digital Commodities
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple, marking a significant development in the ongoing legal saga. Crypto lawyer John Deaton emphasized that this move underscores the classification of XRP tokens as digital commodities rather than securities. Despite this, Ripple still faces a $125 million judgment related to the improper sale of XRP, which the company might now negotiate down following the SEC's decision.
Solana Futures ETFs Launched, Paving Way for Spot Approval
According to Odaily, Bloomberg ETF analyst Eric Balchunas announced on the X platform that Volatility Shares has introduced two ETFs tracking Solana futures: the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT). The fees for these ETFs are set at 0.95% and 1.85%, respectively. This launch is anticipated to facilitate the approval of a spot Solana ETF, which is expected to occur later this year.
U.S. Urged to Strengthen Position in Tokenized Asset Market
According to Cointelegraph, the United States must establish a competitive edge in the realm of highly secure tokenized real-world assets (RWAs) to maintain its standing in the evolving landscape of borderless, permissionless finance. This perspective was shared by Chainlink co-founder Sergey Nazarov during an interview at the Digital Asset Summit in New York. Nazarov emphasized that blockchain technology, unlike previous technological advancements, is a global phenomenon driven by open-source s
Binance Launches First "Vote to List" Campaign: Community-Driven Token Listings
Binance has introduced its first "Vote to List" campaign, inviting users to participate in the selection process for new token listings. This initiative is part of Binance’s community co-governance model, giving users more influence over which projects get listed on the exchange.What is the Vote to List Campaign?A community-driven token selection process for listing on Binance.The first batch is limited to BNB Smart Chain (BSC)-based tokens. Future rounds will expand to include Binance Alpha tok
CoreWeave's IPO and Its Potential Impact on Core Scientific
According to CoinDesk, CoreWeave, a prominent player in the artificial intelligence (AI) sector, has filed for an initial public offering (IPO) on March 3, 2025. The company has established a significant partnership with bitcoin miner Core Scientific, with a multi-billion dollar agreement for Core Scientific to develop extensive infrastructure to support CoreWeave's AI services. This collaboration positions CoreWeave as Core Scientific's largest client, raising questions about the potential impa
Ripple Faces Ongoing Legal Challenges Over $125 Million Fine
According to Odaily, crypto journalist Eleanor Terrett reported on the X platform that Judge Torres's ruling from August last year in the Ripple case remains valid, requiring Ripple to pay a $125 million fine. Although the SEC has agreed in principle to drop its appeal regarding programmatic/secondary market sales, Ripple has not yet agreed to withdraw its appeal against the fine and the ongoing injunction. This injunction prevents Ripple from selling XRP to institutional investors without regis