Bitcoin Rebounds to $100K as Fed Maintains Rates Despite Trump’s Pressure
Bitcoin has surged back to the $98,000 mark for the first time in nearly three months after the U.S. Federal Reserve confirmed it would leave interest rates unchanged for now. The Fed’s decision, announced on May 7, comes amid increasing political tension, particularly from former President Donald Trump, who recently criticized Fed Chair Jerome Powell […]
Bitcoin reaches $100K as Trump Teases Major UK Trade Agreement
Bitcoin reaches $100,000 threshold, fueled by growing anticipation surrounding an upcoming trade deal between the United States and the United Kingdom, which is expected to be announced by former President Donald Trump. On May 7, Trump posted on Truth Social about an imminent “major trade deal” involving a “big, and highly respected, country.” According to […]
US Banks Allowed to Handle Crypto Custody and Partner with Third Parties, Regulator Says
The Office of the Comptroller of the Currency (OCC) has officially clarified that banks within its oversight can engage in crypto-related activities on behalf of their clients, including trading digital assets held in custody and working with third-party service providers. In a statement made on May 7, Acting Comptroller Rodney Hood confirmed that national banks […]