The resident, who lost $27,000, spoke with imposters from Apple, his bank and the Federal Reserve, police said.

The US Federal Reserve is expected to cut interest rates twice in 2025, which could boost Bitcoin’s price as investors favor riskier assets because of their potential for higher returns.

In the process of giving up on the chance of any Federal Reserve rate cuts in 2025, investors Thursday got a modest dovish surprise from Atlanta

The Federal Reserve could issue debt or sell some of its gold reserves to fund purchases of BTC, the report said.

Crypto traders are deleveraging after Wednesday's FOMC minutes showed the Fed is looking to hold rates steady until inflation improves and discussed pausing or slowing the balance sheet runoff. Still,

Senator Cynthia Lummis, the sponsor of a bill calling for the US to set up a Bitcoin reserve, suggested that progress on the proposal is likely to take longer than many crypto advocates would like.

A national Bitcoin reserve is not happening anytime soon. Senator Cynthia Lummis, who has been pushing for the U.S. government to hold Bitcoin, says states will probably act before the federal government does.

Senator Cynthia Lummis, one of Bitcoin’s biggest advocates in Washington, defended her decision to pay in cash at a Bitcoin-themed bar, saying she views Bitcoin as a long-term store of value. “Because I spend dollars and save Bitcoin,

Fed chair Powell risks provoking U.S. president Donald Trump if the Fed doesn’t resume interest rate cuts soon, with Trump posting to X that “interest rates should be lowered,” following the Fed’s decision to leave them on hold earlier this month.

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Bitcoin's price follows liquidity trends closely. As global M2 expands, BTC’s recent decline may signal a temporary bottom before a potential rebound.

More than a stunt, the Fort Knox visit might be a chance for the President to change the price of gold and dump the price hike into cryptocurrency.