CryptoExchanger

🔥 JUST IN: Bloomberg analysts predict a positive outlook for altcoin ETFs as the SEC moves to clarify crypto classifications.

$LTC (90% approval chance)
$DOGE (75%)
$SOL (70%)
$XRP (65%)

A trader turned 1 BNB ($700) into $7 million in just 1 hour by flipping a memecoin named after CZ’s dog.

GameStop surges +20% on news it is considering buying Bitcoin with its $4.6 BILLION cash balance. 🔥

Word Of The Day

Franklin Templeton registers for a Franklin Solana Trust in Delaware, indicating it may soon file for a spot #Solana ETF alongside a host of other bidding issuers.

And also, Solana ETF filings by 21Shares, Bitwise, Canary, and VanEck have all been acknowledged by the SEC.

Metaplanet announced plans to acquire 21,000 BTC by 2026, triggering a price surge, increased trading volume, and bullish sentiment. 🔥

The U.S. announced the inflation figures:

⚡️ CPI: 3.0% YoY, 0.5% MoM
⚡️ Forecasted CPI: 2.9% YoY, 0.3% MoM

Source

🇺🇸 Michigan introduced a bill for strategic #Bitcoin Reserve

Feels like it's not going to take so long ... 😉

Federal Reserve Chair Jerome Powell addressed the Senate Banking Committee with an update on monetary policy:

⚫️The Fed sees no need to rush into rate cuts.
⚫️Unemployment remains low.
⚫️The labor market is stable and not a source of inflationary pressure.
⚫️The U.S. economy remains strong.
⚫️Inflation is approaching the 2% target but remains elevated.
⚫️The Fed is well-prepared to navigate risks and uncertainties.
⚫️Cutting rates too quickly could undermine progress in fighting inflation.
⚫️Cutting rates too slowly could unnecessarily weaken economic activity and employment.
⚫️Decisions on rates must consider macroeconomic data, changing outlooks, and risk balance.
⚫️The Fed may keep rates at the current level if the economy stays strong and inflation does not reach 2%.
⚫️The Fed carefully assesses risks related to its dual mandate (inflation and labor market).
⚫️The Fed is committed to preventing the debanking of certain industries.
⚫️The capital levels of major banks remain adequate.
⚫️The U.S. Treasury maintains a secure payment system.
⚫️The U.S. economy is not in a recession right now.
⚫️The Fed has no authority to comment on trade policy or tariffs.
⚫️U.S. law does not allow the president to remove the Fed chair.

After Powell's speech, market expectations shifted, with the first Fed rate cut now expected in July 2025, instead of May.

#USConsumerConfidence
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#EOSProject According to coincodex current EOS price prediction, the price of EOS is predicted to rise by 12.97% and reach $ 1.022604 by February 18, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 77 (Extreme Greed). EOS recorded 16/30 (53%) green days with 6.63% price volatility over the last 30 days. Based on the EOS forecast, it's now a good time to buy EOS.

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I Am Today's Word Of The Day Winner

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DOGS crew just launched