US Major Indexes Close Mixed as Tech Stocks Face Pressure
US major indexes closed mixed with tech stocks under pressure; Nasdaq fell 0.72%, S&P 500 dipped slightly, and Dow Jones edged higher.
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Blockchain Industry Updates & Privacy News
Trump and Democrats Reach Funding Deal to Avert Government Shutdown
Trump and Senate Democrats have reached a temporary funding deal to avoid a government shutdown, focusing on immigration and border security funding.
Read More24-Hour Crypto Market Shakeup: Over $1.01 Billion in Contracts Liquidated
Recent data shows that the crypto market experienced significant volatility in the last 24 hours, with over $1.01 billion in contracts liquidated globally.
Read MoreUS Regulators Launch Crypto Initiative to Modernize Industry Rules
The US CFTC and SEC have launched 'Project Crypto' to modernize crypto regulation and enhance coordination. The initiative aims to address fragmented oversight and set clearer rules for prediction markets.
Read MoreExpert Insight: Bitcoin's Self-Custody Potential Could Shape Future Finance
Bitwise CIO Matt Hougan highlights Bitcoin's self-custody feature, suggesting it could significantly impact future financial systems despite limited current attention.
Read MoreBit Digital's Strategic Shift: Exiting Bitcoin Mining to Focus on Ethereum and AI Infrastructure
Bit Digital plans to exit Bitcoin mining entirely, focusing instead on Ethereum infrastructure, staking, and AI-powered HPC solutions for sustainable growth.
Read MoreDollar Index Declines Slightly, Closes at 96.285
The dollar index dropped 0.17% on the 29th, closing at 96.285, indicating a slight weakening of the dollar in the foreign exchange market.
Read MoreFed Likely to Hold Rates Steady in March with 86.6% Probability
CME data shows an 86.6% chance the Fed will keep rates steady in March, with limited easing expected in April.
Read MoreU.S. Money Market Assets Soar to Historic High of $7.71 Trillion
According to the latest data from the Investment Company Institute, U.S. money market fund assets have hit a record $7.71 trillion, reflecting strong demand for safe-haven assets.
Read MoreUS Senate Rejects Funding Bill, Government Shutdown Risk Intensifies
The US Senate failed to pass a government funding bill, increasing the risk of a shutdown. Most federal departments will run out of funds by late January, as Democrats and Republicans remain divided over Homeland Security funding.
Read MoreU.S. Senate Crypto Bill Clears Key Hurdle Amid Bipartisan Divides
Senate agriculture committee advances crypto market framework bill, but democratic concerns on ethics and conflicts remain unresolved.
Read MoreUS Treasury Updates Currency Policy Report, Thailand Added to Watchlist
The US Treasury recently released its latest currency policy report, adding Thailand to the monitoring list due to its growing current account surplus and trade imbalance with the US.
Read MoreTether CEO Responds to Stablecoin Yield Debate: No Position and No Revenue Sharing
Tether CEO clarifies the company holds no position on stablecoin yields and does not share in earnings, following reports suggesting alignment with banks.
Read MoreIn-depth Analysis: A Weakening Dollar Could Pose Challenges for Trump and the Federal Reserve
A weakening dollar could trigger import inflation, threatening Trump's economic policies and complicating the Fed's rate decisions. Experts warn it may create dual pressures on politics and the economy.
Read MoreTrump Says Putin Agrees to Week-Long Bombing Pause Amid Freezing Cold for Ukraine's Relief
Trump revealed Putin agreed to halt airstrikes on Kyiv and other cities for a week amid freezing weather, offering Ukraine temporary relief though details remain unclear.
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