Fed Minutes: Pace of Rate Cuts Slows
The minutes of the Federal Reserve’s Dezember meeting revealed the view that the pace of interest rate cuts should be slowed as inflation risks remain high. Officials stated that interest rate cuts should be implemented with caution.
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Silk Road Approves Sale of Seized Bitcoin
A US Court has authorized the sale of 69,370 BTC (worth $6.5 billion) seized from the Silk Road platform. This decision provides full authority for the US to manage the seized funds.
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El Salvador Adds 11 More Bitcoins to Its Reserves
El Salvador has added another 11 Bitcoins to its strategic reserve, expanding its total reserve. The new purchase is worth approximately $1 million.
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Ethereum Foundation Holds ETH Sale
The Ethereum Foundation sold 100 ETH for 336,000 DAI at a price of approximately $3.363 per unit. This transaction signals strategic moves by the foundation.
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Thailand Launches Crypto Payment Pilot
Thailand will launch a cryptocurrency payment pilot program in Phuket in 2025, enabling payments in Bitcoin. Payments will be converted into Thai baht after the transaction.
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Trump-themed NFT Series Launches on Bitcoin Network
The “Trump Bitcoin Digital Trading Cards” NFT series, endorsed by Donald Trump, was launched on the Bitcoin network over the Ordinals protocol. The collection consists of limited editions such as the “Mugshot Edition”.
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Do Kwon Trial Postponed to 2026
The trial date for Terraform Labs founder Do Kwon’s case in the US has been set for Januar 26, 2026. Kwon could face up to 130 years in prison for the collapse of the TerraUST stablecoin.
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Telegram Founder Supports Free Speech
Pavel Durov reiterated Telegram’s commitment to being an uncensored platform and emphasized that they are committed to core values, unaffected by the US election cycle.
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