The Trump administration is reportedly preparing to announce Kevin Warsh as the next chairman of the Federal Reserve on Friday, replacing Jerome Powell, a development that has unsettled markets and sparked a broad sell-off across asset classes. As a result, risk sentiment has worsened as investors price in potential shifts in monetary policy direction. Meanwhile, […]
The DXY index and VIX rise as markets await the US Open Read More »
Elon Musk’s musings on a potential merger involving SpaceX, Tesla or artificial intelligence firm xAI have put renewed attention on a less-discussed piece of his empire: one of the largest corporate bitcoin holdings in the world. SpaceX and Tesla together hold nearly 20,000 bitcoin, according to public disclosures, a stash worth about $1.7 billion at
Here’s How Elon Musk’s SpaceX-Tesla Merger Could Affect 20,000 Bitcoin (BTC) Read More »
Tether, the issuer of the world’s most popular stablecoin USDT, ended 2025 with a net profit of more than $10 billion, the company reported on Friday, boosted by steady growth in its flagship token and growing exposure to U.S. Treasuries and gold. The fourth quarter certificate, signed by accounting firm BDO Italy, showed that Tether
Something strange (and maybe creepy) is happening on the internet. Moltbook — a Reddit-like social network where AI agents post their thoughts (yes, that’s right, AIs talk to each other over social media!) — is going viral. And in a very crypto-dough fashion, memecoin traders are cashing in. Moltbot is a social network populated entirely
Crypto market sales accelerated overnight with bitcoin BTC$83,894.71 and ether ETH$2,702.72 down a further 2.7% and 3.5% respectively since midnight UTC to compound Thursday’s miserable session. The decline comes alongside heavy losses for precious metals, with silver now trading at $96 after falling 20% from Thursday’s record high of $121. Gold is trading back below
President Trump announced Kevin Warsh as his nominee to succeed Jerome H. Powell as chairman of the Federal Reserve. Our reporter Colby Smith explains why the election matters to the economy. By Colby Smith, Melanie Bencosme, Sutton Raphael, June Kim and Thomas Vollkommer 30 January 2026
Who is Trump’s new Fed chair pick? Read More »
Latin America’s largest digital bank has taken steps towards being able to offer crypto custody in the US São Paulo-based Nu (NYSE: NU), which has 127 million customers, has received conditional approval from the US Office of the Comptroller of the Currency (OCC) to branch in the US, the bank announced Thursday. Nubank said that
Nubank wins conditional US bank approval as regulators reopen door to crypto Read More »
Bitcoins BTC$82,746.90 The sell-off late this week may have had little to do with crypto-specific factors and instead everything to do with the US dollar. After what is now becoming a customary weekend dip in crypto prices, bitcoin actually rallied through the week, in part as the fall in the US dollar accelerated. Bitcoin peaked
Dollar trading may explain bitcoin’s terrible week Read More »
The US government now has legal ownership of more than $400 million in seized cryptocurrency, real estate and cash linked to the once-popular darknet bitcoin mixing service Helix, the Department of Justice (DOJ) announced Thursday. Commingling services like Helix are designed to hide the origin and destination of crypto transactions by pooling and redistributing funds,
Where bitcoin trades from here: Expect patience before the next stage higher. Hougan expects bitcoin to trade sideways between about $75,000 and $100,000 in the first half of the year. “There’s still a lot of Bitcoin for sale around $100,000,” he said, pointing to options market positioning. A breakout is more likely later this year
Bitwise CIO Matt Hougan on bitcoin, ethereum, solana, central banks and more Read More »
