A Republican legislator has introduced the Retirement Investment Choice Act, which seeks to codify a directive from former President Trump. The bill instructs the Department of Labor to allow the inclusion of cryptocurrency and private equity investments in 401(k) retirement plans.

Tether has agreed to pay $299.5 million to Celsius Network as part of a settlement linked to a bankruptcy claim filed against Tether in August 2024. claim

Powell indicates no significant changes to forecasts since September meeting; risks of a labor market slowdown have increased; Federal Reserve may complete balance sheet reduction in upcoming months.

Powell signals that the Federal Reserve has increased flexibility to cut interest rates this year to support the job market, despite a recent rise in inflation.

Powell warns that an overly rapid Fed response could hinder efforts to reduce rising inflation.

Stripe launches support for payments using stablecoins.

A new wallet, possibly associated with Bitmine, has acquired 26,199 ETH worth approximately $108 million via FalconX.

Bitcoin Depot to Deploy Cryptocurrency ATMs Across U.S. Grocery Chains in Partnership with IGA

Trump emphasizes maintaining strong yet cautious ties with China amid occasional tensions.

U.S. President Donald Trump is contemplating the imposition of trade tariffs on Spain, according to sources familiar with his remarks.

Ethereum's Fusaka upgrade has been activated on the Sepolia testnet.

Earlier: The Fusaka hard fork is scheduled for Q4.

Trump examines potential measures to halt trade with China related to edible oil and other commodities.

VanEck revises application for Solana ETF to include staking features, with a 0.30% fee; SOL Strategies to provide staking services and Gemini to serve as custodian.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

New York Mayor Signs Executive Order to Launch City’s First Digital Assets and Blockchain Office

Coinbase has invested in Indian cryptocurrency exchange CoinDCX, valuing the firm at $2.45 billion. theblock.com

Yesterday, spot Bitcoin ETFs recorded net inflows of approximately $102.7 million, while spot Ethereum ETFs saw total net inflows of about $236.2 million.

An early Bitcoin investor closed a Bitcoin short and contributed 89 million USDC on Binance. The investor may have reopened a short position, as Bitcoin's open interest on Binance rose by $510 million shortly afterward.

An early Bitcoin investor closed a short position and contributed 89 million USDC on Binance. The investor likely resumed shorting Bitcoin, as open interest on Binance rose by $510 million shortly thereafter.

James Wynne has returned to Hyperliquid, investing 197,000 USDC and earning a referral bonus of $2,818. He subsequently opened leveraged long positions in Bitcoin, PEPE, and HYPE totaling approximately $4.8 million: 34.2 BTC valued at $3.85 million, 122.8 million kPEPE worth $917,000, and 712.67 HYPE totaling $28,000.

James Wynne has re-entered Hyperliquid, investing $197,000 in USDC and earning a referral bonus of $2,818. He subsequently took long positions across multiple assets, including 40x leverage on Bitcoin, 10x on PEPE, and 10x on HYPE, with total positions valued at approximately $4.8 million. His holdings comprise 34.2 BTC valued at $3.85 million, 122.8 million PEPE tokens worth $917,000, and 712.67 HYPE tokens totaling $28,000.