Morning News Update #Web3
💬 #Powell : The Fed is not allowed to hold Bitcoin and has no intention of changing the law.
💰 Trump family project WLFI spends $250K on $ENA and converts 103 $cbBTC ($10.36M) to $WBTC.
💸 MicroStrategy plans to shift focus to fixed-income securities to fund further Bitcoin purchases.
📉 Crypto market cap drops below $3.65T with a 7.3% decline in 24h, $BTC dominance at 54.5%.
🔻 Pump.fun tokens slump, with $PNUT leading at a 21.4% 24h loss, trading at $0.8244.