Darkex News January 9, 2025

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Fed Minutes: Pace of Rate Cuts Slows

The minutes of the Federal Reserve’s December 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.

by Darkex Research – 1 min read

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.

by Darkex Research – 1 min read

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.

by Darkex Research – 1 min read

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.

by Darkex Research – 1 min read

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.

by Darkex Research – 1 min read

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”.

by Darkex Research – 1 min read

Do Kwon Trial Postponed to 2026

The trial date for Terraform Labs founder Do Kwon’s case in the US has been set for January 26, 2026. Kwon could face up to 130 years in prison for the collapse of the TerraUST stablecoin.

by Darkex Research – 1 min read

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.

by Darkex Research – 1 min read

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