The brief mention to the relation between banks and crypto was enough to make Bitcoin rebound 3.3%.

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	Forwarded this email? Subscribe here for more Fed Chair Jerome Powell says banks can serve crypto clients if risks are managed adequately The brief mention to the relation between banks and crypto was enough to make Bitcoin rebound 3.3%. CryptoSlate Jan 30   READ IN APP   Happy Thursday! Federal Reserve Chair Jerome Powell has opened the door for banks to engage with cryptocurrency clients, provided they effectively manage associated risks. This statement has already sparked a notable 3.3% rebound in Bitcoin prices, reflecting market optimism towards regulatory clarity. In other news, rumors of a potential ETF approval have driven Litecoin's price surge, with bettors on Polymarket expressing confidence in a 2025 green light from the SEC. Meanwhile, a user on PumpFun has made headlines by minting 18,000 tokens and netting a staggering $3.8 million in profits, although some skeptics label the platform as a "rug farm." As the crypto landscape evolves, these developments highlight both the opportunities and challenges facing investors and institutions alike. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here  https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.59 trillion, with a 24-hour volume of $135.14 billion. The price of Bitcoin is $105,709.55, and BTC market dominance is 58.3%. The price of Ethereum is $3,260.09, and ETH market dominance is 10.9%. The best-performing sector is Agriculture, which gained 30%. The Crypto Fear & Greed Index is currently Greed (70). 📰 Top News Fed Chair Jerome Powell says banks can serve crypto clients if risks are managed adequately The brief mention to the relation between banks and crypto was enough to make Bitcoin rebound 3.3%. Litecoin price surges on rumors of potential ETF approval Polymarket bettors are confident the SEC will greenlight the Litecoin ETF in 2025. User mints 18,000 tokens on PumpFun, nets $3.8 million in profits Coinbase director Conor Grogan suspects that creating tokens on Pump.fun is a profitable strategy, while an X user call it "rug farm." 📈 Latest Insights Ripple co-founder sent over $100M in XRP to exchanges in January Bitcoin rally boosts Tesla’s 2024 Q4 net income by $600 million Tether mints $1 billion USDT on TRON with zero cost to boost inventory 🗞️ More News Plomin hard fork brings decentralized governance to Cardano AI16z rebrands into ElizaOS as adoption grows Binance and OKX lose ground in market share over 2024, while Crypto.com records growth CME Group to introduce options on Bitcoin Friday futures starting Feb. 24 DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe