At its January meeting, the Federal Reserve kept the Fed Funds Target Range (FFTR) unchanged at 3.50%–3.75%, a decision that was fully in line with market expectations.
The crypto market is moving into the latter half of January with clear tension and opportunity. Recent XRP price movement highlights this pressure clearly. Over the past week, XRP moved between roughly $1.88 and $2.03, ending close to $1.99. Buyers
The White House is set to bring together senior figures from the banking and crypto industries on Monday in an effort to break the deadlock over the crypto market structure bill, namely the CLARITY Act, according to a Reuters report. The planned meeting comes as progress on the bill has stalled amid growing tensions between the two sectors over how digital assets should be regulated. White House Crypto Council To Lead Talks People familiar with the matter said the meeting will be organized by the White House’s crypto council and will include executives from several industry trade groups. Related Reading: Bitcoin Price Braces For FOMC Volatility As History Shows Major Post‐Fed Sell‐Offs Discussions are expected to focus on one of the most contentious aspects of the legislation: whether and how crypto firms should be allowed to offer interest or other rewards on customer holdings of stablecoins. The anticipated market structure legislation has been under consideration in the Senate for several months. It is intended to establish a comprehensive federal framework for regulating digital assets following the passage of the GENIUS Act last July. Stablecoin Rewards Clash With Bank Stability Fears The House of Representatives passed its version of the bill in July, but progress in the Senate has been slower. Earlier this month, the Senate Banking Committee was scheduled to debate and vote on the measure. However, the markup was postponed after cryptocurrency exchange Coinbase (COIN) withdrew its support for the bill and criticized various elements of it, including stablecoin rewards. Crypto representatives argue that offering rewards such as interest is essential to attracting and retaining customers. Related Reading: Crypto Funds Funneled To Money Launderers Hit $82 Billion, According To Chainalysis Banks, on the other hand, have raised alarms that allowing crypto platforms to pay yield on stablecoins could draw deposits away from insured lenders. Since deposits are the primary source of funding for most banks, industry representatives warn that a significant outflow could pose risks to financial stability. Featured image from OpenArt, chart from TradingView.com
(MENAFN - GlobeNewsWire - Nasdaq) VIRGINIA CITY, Nev., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (–Comstock– and the–Company–), today announced that it has priced its previously ...
(MENAFN - GlobeNewsWire - Nasdaq) TORONTO and VANCOUVER, British Columbia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (– McEwen–) (NYSE/TSX:MUX) and Golden Lake Exploration Inc. (– Golden ...
BitcoinWorldOptimism Governance Approves Revolutionary OP Token Buyback Plan, Boosting Investor ConfidenceIn a landmark decision for decentralized finance, the Optimism governance community has overwhelmingly approved a pioneering plan to directly tie the value of its OP token to the financial performance of its network. This strategic move, finalized via on-chain vote in late January 2025, represents a significant evolution in Layer 2 tokenomics and has captured [...]This post Optimism Governance Approves Revolutionary OP Token Buyback Plan, Boosting Investor Confidence first appeared on BitcoinWorld.
During the latest pullback, the Chainlink price broke down below the pivotal support zone, while the Uniswap price has been following a steep descending trend. Both the tokens have been facing a strong upward action, raising concerns over the next price movement. During the latest pullback, the prices of LINK & UNI experienced a strong [...]
Bitcoin News Today: Arthur Hayes links Bitcoin’s outlook to Japan’s weak yen and rising JGB yields, arguing that possible Fed intervention could add liquidity and lift risk assets.
Speculation about yen intervention coupled with U.S. policy risks have been pressuring the dollar this week
After weighing a slightly lower unemployment rate with small increases in inflation in December, the Federal Reserve on Wednesday decided to leave its key overnight lending rate untouched. That decision follows the three cuts the Fed made last year, for a total of six cuts since September 2024.
Andy Byford, once New York City Transit’s “train daddy” and now Amtrak official charged with overseeing the Penn Station redesign, said on Wednesday that he needs to “fully come up to speed” on dire warnings about the Gateway Tunnel project. Officials, including U.S. Sen Chuck Schumer (D-New York), warned on Tuesday that the Gateway project... Read More