⭕️U.S. President Donald Trump via his account on the Truth Social platform:
🔸"With a little extra time, we can easily open the Strait of Hormuz and seize the oil, generating immense wealth; it would be like a "huge oil flow" for the world.
$BTC $ETH $BNB 🛢 Urgent | Brent crude futures rose by $4.56, or 4.2%, to $112.57 a barrel at settlement. 📈 West Texas Intermediate crude futures also increased by $5.16, or 5.5%, settling at $99.64.
📌 We are very close to achieving our goals in Iran while we consider scaling back our large military efforts in the Middle East.
📌 The Strait of Hormuz must be protected and secured, as necessary, by the other countries that use it.
📌 If we are asked to assist these countries in their efforts related to the Strait of Hormuz, we will do so, but it should not be mandatory for us, and it will not be necessary once the Iranian threat is eliminated. $BTC $ETH
📱 Bitcoin drops near $74,500 with the longest monthly losing streak since 2018
📍 The largest cryptocurrency fell to its lowest level in 10 months, approaching a bottom recorded after Trump's return to the White House, amidst widespread turmoil in global markets
📍 Bitcoin lost about 11% in January, marking the fourth consecutive monthly loss, with warnings that breaking the $70,000 level could deal a heavy blow to long-term investor confidence.
🟥 The Office of the Comptroller of the Currency in the United States announced on Tuesday that banks will be allowed to act as intermediaries in cryptocurrency transactions, in a new step by President Donald Trump's administration to bridge the gap between the traditional financial sector and digital currency activities.
📌 The office stated in new guidelines that banks can participate in what is known as "risk-free intermediary transactions," which involve crypto assets, without undergoing additional scrutiny from the regulator.
📌 In this type of transaction, banks effectively act as intermediaries, purchasing assets from one party and then entering into a deal to sell them directly to another party, without holding these assets in inventory except in rare cases, according to the Office of the Comptroller.
News about the relocation of the headquarters of Binance cryptocurrency company to Abu Dhabi 🇦🇪
The official headquarters is now the Cayman Islands.
Binance has obtained 3 licenses from the Abu Dhabi Global Market (ADGM):
1- Trading platform: to operate a fully licensed cryptocurrency exchange 2- Custody and settlement services: to securely store investors' funds and assets 3- Financial broker-dealer: to execute large transactions off the platform
What does this mean? This means that Binance is now able to manage all of its operations from Abu Dhabi legally, from trading to custody to settlement.
--- - Binance currently holds about 35% of the global cryptocurrency market - The UAE is considered one of the first countries to grant it a license of this magnitude
And it invested a huge amount of $2 billion from the MGX fund, chaired by Sheikh Tahnoun bin Zayed Al Nahyan
$BTC $ETH ⭕️ The most prominent developments within the Federal Reserve
⬅️ Recent reports indicate that divisions within the Federal Reserve have reached their highest levels in years, with a clear disagreement among members regarding interest rate cuts in December. Bank of America estimates that an interest rate cut is likely, with additional cuts possible in mid-2026 if the labor market remains weak.
⬅️ The latest minutes also revealed a shift in the positions of some members who now oppose a third cut this year due to inflation risks. At the same time, the discussion about nominating Kevin Hassett to lead the Federal Reserve is generating widespread controversy, with some viewing him as a proponent of rapid cuts and others fearing his impact on the independence and calmness of monetary policy.
⚠️ Clear internal tension… and December decisions may bring surprises for the markets.