Hawkish FOMC, Altcoins Weak, Fartcoin crosses $1B

Crypto falls, alts weak following hawkish FOMC. Fall leads $850mn liquidations. Fed not allowed to own BTC: Powell. First nation to print money for BTC will win: Saylor. DB to develop Ethereum layer-2 blockchain . SOL sets record with 66.9mn daily transactions. Ethena Labs partners with Trump’s WLFI. WLFI swaps cbBTC for wBTC after Sun funding. Binance plans USD services early 2025. Trump admin already unlocked new crypto era: JPM. Judge allows Coinbase to delist wBTC. Aussie regulator sues Binance over safeguard issues. HK accelerates crypto exchange licensing. El Salvador scales back BTC efforts under IMF deal. CryptoCom pauses SEC lawsuit as CEO meets Trump.