Overview
You are viewing Crypto Daybook Americas, a morning briefing about the crypto markets with daily insights. This will replace the First Mover Americas newsletter soon.
Key Insights
Each day under the Trump administration brings new surprises. Recently, the president’s enthusiasm for Bitcoin has influenced global perspectives. Czech National Bank’s Governor, Aleš Michl, plans to propose adding billions in Bitcoin to their reserves, which would make it the first Western central bank to hold BTC. This proposal will be presented tomorrow.
Additionally, the Federal Open Market Committee meeting is set for today, with the interest rate anticipated to remain between 4.25% and 4.50%. Observers are eager to see Jerome Powell’s comments on market outlook.
Markets are rebounding, with Bitcoin priced over $102,000. U.S. stocks are hovering near all-time highs as Nvidia experiences significant gains.
What to Watch
Crypto Events
- Jan. 29: Cardano’s Plomin hard fork upgrade
- Jan. 29: Ice Open Network mainnet launch
- Jan. 31: Crypto.com to halt purchases of certain cryptocurrencies due to EU regulations.
- Feb. 4: MicroStrategy’s Q4 earnings report.
Macro Events
- Look out for the Bank of Canada’s interest rate decision today.
Market Movements
- BTC is up 2.21% at $102,509.74.
- Ethereum is up 2.7% at $3,134.98.
In the Ether
Aleš Michl aims to propose a significant Bitcoin investment in tomorrow’s meeting. The world watches as countries evaluate their stances on crypto assets, propelled by rising interest driven by key governmental figures like Trump.
