The probability that the Federal Reserve will keep interest rates unchanged in March is 92.1%

Bitcoin hits $66,000 and struggles to hold steady; three Federal Reserve officials warn: Iran war makes rate cuts even more distant

Bitcoin once dropped to $66,140 before rebounding to $68,549. The market remains highly uncertain due to the Iran war. Federal Reserve officials warn of increasing inflation risks and suggest potential impacts on future monetary policy. Additionally, rising oil prices have strengthened the dollar, suppressing gold prices and dampening investor confidence.

European Central Bank report warns: Widespread adoption of stablecoins threatens the monetary sovereignty of the Eurozone

The European Central Bank warns that the proliferation of stablecoins could threaten the monetary sovereignty of the Eurozone, especially when foreign currency stablecoins dominate the market, affecting financial stability and policy transmission effectiveness. Many European banks are developing euro stablecoins to address potential risks and enhance financial stability.

TD Cowen: Banks may struggle to win the battle for stablecoin yields, but prolonged stalemate could threaten U.S. cryptocurrency legislation

Investment bank TD Cowen believes that the banking industry may be at a disadvantage in the debate over stablecoin yield policies, which could delay the progress of the U.S. Crypto Market Structure Act. The report notes that banks' opposition to stablecoin yields may harm consumer interests, making political support difficult to sustain. Meanwhile, the OCC is proposing rules related to stablecoins, including a ban on direct interest payments, and will also seek public comments in the future.

Analyst raises Circle's target price, oil price increase and interest rate expectations benefit stablecoin business

Affected by rising oil prices and changing interest rate expectations, Circle Internet Group's target price has been raised to $100, with the stock price increasing nearly 8% to $103.71. Analysts note that changes in interest rates could have a greater impact on valuation. Although revenue expectations have been slightly raised, a clearer regulatory framework may intensify competition, putting long-term profit margins under pressure.

The Federal Reserve has a 97.4% probability of maintaining interest rates unchanged in March.

ChainCatcher reports that, according to Jintiao, CME "Federal Reserve Watch" shows a 97.4% probability that the Federal Reserve will keep interest rates unchanged until March, and a 2.6% probability of a 25 basis point rate cut. By April, the probability of a total 25 basis point rate cut is 14.4%, the probability of holding rates steady is 85.3%, and the probability of a total 50 basis point cut is 0.3%. By June, the probability of a total 25 basis point rate cut is 37.1%.

Circle CRCL Stock Slips as Clarity Act Deadline Looms

Key Insights Circle CRCL stock trades near key support as investors await the Clarity Act decision that could reshape US digital asset regulation framework. Bitcoin and XRP rally while gold and silver surge as geopolitical tensions drive demand for both risk and safe-haven assets. CRCL