Russian lawmaker proposes national Bitcoin reserve

Key Takeaways A Russian lawmaker has proposed the creation of a national Bitcoin reserve to counteract sanctions and geopolitical risks. The proposal could influence other sanctioned countries to consider cryptocurrencies as tools for maintaining financial stability. Share this article A Russian lawmaker has proposed creating a national Bitcoin reserve to hedge against geopolitical risks and…

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Bitcoin holds $100K as Fed keeps rates steady, Powell remains cautious on cuts

Key Takeaways The Fed maintained rates at 4.25%-4.50%, with Powell avoiding commitments on future cuts while removing prior language on inflation progress. Bitcoin declined 1% following the Fed’s announcement but remains above $100K, currently trading just below $102K. Share this article The Federal Reserve maintained interest rates between 4.25% and 4.50% on Wednesday, while removing…

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