Ethereum’s Pectra upgrade could serve as catalyst, but market sentiment ‘remains lukewarm,’ analysts warn
Despite a $500 million influx into spot Ethereum ETFs, the second-largest crypto by market cap continues to struggle with little price movement. Ethereum’s (ETH) price is still stuck, even with spot exchange-traded fund investments rolling in. Despite ETH retracing most of its gains from the Trump election rally in November 2024, demand from long-term investors […]
Banks able to serve crypto customers, BTC up 3%
Bitcoin bounced after comments from U.S. Federal Reserve Chair Jerome Powell at the FOMC meeting signaled that banks are allowed to serve crypto clients. Crypto markets initially had a muted reaction to the Federal Open Market Committee’s decision on Wednesday, Jan. 29, to keep interest rates unchanged. The Fed maintained its 4.25% to 4.50% federal […]
Crypto ally Mark Uyeda to serve as interim SEC chair
President Trump’s administration has picked pro-Bitcoin Mark Uyeda as the interim chair of the U.S. Securities and Exchange Commission. President Donald Trump has selected crypto ally and SEC Commissioner Mark Uyeda to lead the SEC temporarily, pending Senate confirmation of Paul Atkins, Trump’s nominee for the agency’s permanent chair. The announcement came just hours after […]
