 rebounded on Mar. 20 on the Federal Reserve\'s comments to adjust the pace of quantitative tightening. In its monetary policy decision released after the Federal Open Market Committee(FOMC), the Fed announced that it would freeze the benchmark interest rate in March and implement two rate cuts this year. A number of cryptocurrencies have rebounded more than 5 percent, including Bitcoin exceeding $86,000 in the Fed\'s announcement. 2. U.S. Blockchain A', 'https://img.blockstreet.co.kr/photo/2024/08/30/20240830000001_0640.jpg', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2025032008584790581'));){kind=link}
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Cryptocurrencies including Bitcoin(BTC) rebounded on Mar. 20 on the Federal Reserve's comments to adjust the pace of quantitative tightening. In its monetary policy decision released after the Federal Open Market Committee(FOMC), the Fed announced that it would freeze the benchmark interest rate in March and implement two rate cuts this year. A number of cryptocurrencies have rebounded more than 5 percent, including Bitcoin exceeding $86,000 in the Fed's announcement.
2. U.S. Blockchain Advocacy Group CEO "U.S. Congress to Complete Crypto Regulation by August"
Christine Smith, CEO of the Blockchain Industry Advocacy Group 'Blockchain Association', argued at the Blockworks Digital Asset Summit held on Mar. 19 that the U.S. Congress will pass a cryptocurrency market regulation bill, including stablecoins, by August at the earliest. He said that after communicating with a number of congressional officials, the U.S. Congress has a very strong will to pass the cryptocurrency regulation bill.
3. 'Pro-Ripple' Attorney John Deaton "Ripple Can Lower $125 Million Fines"
John Deaton, a pro-Ripple lawyer, pointed out the rejection of the U.S. Securities and Exchange Commission's appeal against Ripple through his X account on Mar. 20, predicting that Ripple will be able to lower the SEC's $125 million fine. He explained that the SEC's dismissal of the appeal means a complete victory for Ripple and that Ripple can significantly lower the previously proposed fine through negotiations with the SEC as it is a case that ends the security of XRP.
4. Trump 'World Liberty Financial' Completes $550M Token Sale
The World Liberty Financial Foundation, a DeFi project carried out by President Trump's family, raised a total of 550 million dollars through the sale of the World Liberty Financial Token(WLF) on Mar. 20. The foundation said in an official statement that about 85,000 participants purchased World Liberty Financial tokens through two token sales. The World Liberty Financial Foundation earned 413 million dollars, or about 75% of the token sales.
권승원 기자 ksw@blockstreet.co.kr