report: report: Trump pardons BitMEX co-founders, including Arthur Hayes
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According to CNBC, U.S. President Donald Trump has pardoned three co-founders of the BitMEX cryptocurrency exchange: Arthur Hayes, Benjamin Delo and Samuel Reed.Last July, BitMEX pled guilty to violating the Bank Secrecy Act.
Wall Street is conducting settlement, payment, and asset tokenization related operations on Ethereum, but did not directly mention the name of Ethereum. （Cointelegraph）
The Central American country’s economy is projected to grow 4% this year, the IMF said.
What to know : The IMF praised El Salvador's stronger-than-expected economic growth and progress in bitcoin-related discussions. El Salvador's real GDP growth is projected to reach around 4%, with a positive outlook for 2026. Despite previous IMF recommendations, El Salvador continues to increase its bitcoin holdings, adding over 1,000 BTC during November's market downturn.
The Wall Street giant's move — should it come to pass — would further legitimize crypto and increase distribution channels, said ClearStreet's Owan Lau.
What to know : JPMorgan’s potential entry into institutional crypto trading could legitimize the sector and expand access for traditional finance. Analysts say crypto-native platforms like Coinbase, Bullish and Galaxy Digital may benefit from further adoption on Wall Street The move may also drive down fees for basic services, pressuring firms like Coinbase and Circle, the analysts said.
The selling trend of whales seems to be slowing down, and the realized loss of new whales has stabilized, which previously pushed the price from $124000 to $84000. （Cointelegraph）
[Trump Says Opponents Cannot Serve as Fed Chair]
U.S. President Trump stated that anyone who opposes him can never obtain the position of Federal Reserve Chair and said that if the market performs well, he hopes the new Fed Chair will lower interest rates.