President Donald Trump nominates Kevin Warsh for Fed Chair
The president on Friday confirmed his choice to replace incumbent Jerome Powell when his term ends in May.
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BTC-to-Gold ratio nears 2019-style turning point after six red candles
Bitcoin BTC$82,669.83 is on track to end January underperforming gold for a sixth consecutive month as investors ignore the largest cryptocurrency’s “digital gold” moniker and seek the safety of a metal that has historically been seen as a safe haven during times of economic and geopolitical turmoil. The Bitcoin-to-Gold ratio, the amount of gold equivalent
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Bitcoin ETFs See Worst Outflows Since August As BTC, ETH Products Lose $1B
US-listed spot bitcoin and ether exchange-traded funds (ETFs) suffered heavy redemptions on Thursday, with nearly $1 billion moved in a single session as crypto prices fell sharply and risk appetite faded. According to SoSoValue data, investors withdrew $817.9 million from US spot bitcoin ETFs on January 29, the largest daily outflow since November 20. Ether
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Vitalik Buterin withdraws $17 million in ether as Ethereum Foundation tightens spending
Ethereum co-founder Vitalik Buterin said the Ethereum Foundation (EF) is entering a period of “gentle austerity” as it seeks to deliver an aggressive scaling plan while ensuring it can sustain itself over the long term. In a post on X, Buterin said he has personally withdrawn 16,384 ETH, worth about $17.3 million at current market
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Senate Agriculture Committee Advances Crypto Market Structure Bill
The US Senate Agriculture Committee is holding its first markup hearing on crypto market structure legislation, giving lawmakers a chance to debate and vote on changes and possibly advance the actual legislation. ND (11:30 a.m. ET): After less than an hour of debate and just a handful of amendments, the Senate Agriculture Committee voted to
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Bulls lose $70 million as Ripple-linked token falls 7%
Pudgy Penguins is emerging as one of the strongest NFT-native brands in this cycle, transitioning from speculative “digital luxury goods” to a multi-vertical consumer IP platform. Its strategy is to first acquire users through mainstream channels; toys, retail partnerships, and viral media, then embed them into Web3 through games, NFTs, and the PENGU token. The
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Bitcoin Price Today: Drops to $83,000 as Heavy Liquidations, Fed Uncertainty Weigh
Bitcoin Price Today: Drops to $83,000 as Heavy Liquidations, Fed Uncertainty Weigh
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Gold, Silver, Copper Profits Trigger $120 Million Relaxation in Tokenized Metals
The crypto market’s close ties to traditional markets were laid bare on Friday as a sharp slide in metal prices jolted millions into leveraged bets on blockchain versions of gold, silver and copper. Three-month copper futures on the London Metal Exchange (LME) fell nearly 4% from Thursday’s peak above $14,500 a barrel. ton, falling closer
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Binance to move $1 billion user protection fund to bitcoin mid-market
Top cryptocurrency exchange Binance announced Friday that it will switch the stablecoin in its $1 billion emergency fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to protect users from losses due to unforeseen events such as hacks. The exchange
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Here’s why Fed challenger Kevin Warsh is seen as bearish on bitcoin
On Thursday, President Donald Trump said he will announce his pick for U.S. central bank chief to replace incumbent Jerome Powell after the latter’s term ends in May. While nothing has been confirmed yet, reports suggest the Trump administration is preparing to nominate Kevin Warsh, who served on the Federal Reserve Board of Governors from
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