Gold has risen ahead of the Fed's final interest rate decisi | Crypto4light on Binance Square

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Gold has risen ahead of the Fed's final interest rate decision of the year, with traders also weighing the policy outlook for 2025 #gold  how $BTC will perform in 2025? #BTC☀ 

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Thailand is exploring $BTC as legal tender. The Prime Minister has directed the Finance Ministry to establish a sandbox for testing cryptocurrency payments. Discussions about issuing stablecoins as a digital cash alternative are also underway, signaling a potential shift in the nation’s financial policy. #BTC☀

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French Hill has been appointed Chair of the US House Financial Services Committee. A known advocate for the crypto industry, Hill has emphasized the importance of adequate regulation. The committee’s agenda includes fostering IPOs for crypto companies, resolving structural market inefficiencies, and addressing debanking concerns within the crypto sector. $BTC

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On December 18, the Federal Reserve will announce its interest rate decision, with CME data indicating a 93.4% likelihood of a 25 bps rate reduction. Accompanying this, Q3 GDP growth and core PCE data are set to be released, offering additional insight into the economic landscape. A rate cut is expected to weaken the dollar, fostering an environment favorable to risk assets such as #BTC☀ $BTC

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