The United States Senate voted largely along party lines on Wednesday to confirm Kevin Warsh as the next chair of the Federal Reserve, placing a crypto-friendly former governor at the helm of the nation’s central bank. The 54-45 vote, with Democratic Senator John Fetterman crossing party lines to join Republicans, approved President Donald Trump’s nominee […]
A prominent Hyperliquid whale, known for a profitable trading history, has opened a $70 million short position against a basket of cryptocurrencies and technology stocks. The move, which includes a $12.5 million short on Bitcoin, has prompted some traders to question whether the recent rally is losing steam. However, a closer examination of the whale’s […]
Bitcoin (BTC) fell below the $80,000 threshold during Wednesday’s Wall Street open, as fresh U.S. inflation data intensified concerns about prolonged monetary tightening. The Producer Price Index (PPI) for April rose at its fastest pace since March 2022, compounding inflationary pressures already stoked by the ongoing US-Iran conflict and elevated oil prices. PPI surge adds […]
The United States Senate voted 51 to 45 on Tuesday to confirm Kevin Warsh as a member of the Federal Reserve Board of Governors, moving the central bank closer to a leadership transition that could reshape monetary policy and regulatory oversight of digital assets. Lawmakers immediately followed the vote by approving a motion to invoke […]
Bitcoin (BTC) showed fresh signs of volatility on Tuesday as a key US inflation gauge hit its highest levels in three years, driven by rising energy costs linked to the ongoing US-Iran conflict. The April Consumer Price Index (CPI) came in at 3.8% year-on-year, the steepest reading since 2023, according to data from the US […]
Bitcoin (BTC) may face increased selling pressure heading into next week’s US inflation report, with the Cleveland Federal Reserve’s nowcast projecting a hotter-than-expected April Consumer Price Index (CPI) print. The data, due May 12, could reinforce the Federal Reserve’s cautious stance on rate cuts, a scenario that historically weighs on speculative assets like Bitcoin. Cleveland […]
Bitcoin’s price has stalled near the $80,000 mark, failing to hold above $82,500 after a rejection earlier this week. The pause comes as data from US-listed spot Bitcoin exchange-traded funds (ETFs) showed net outflows of $268 million on Thursday, breaking a four-day streak of positive inflows. The shift has raised questions about the sustainability of […]
Bitcoin’s price consolidated near the psychologically important $80,000 mark on Friday, as traders weighed a surprisingly strong US jobs report that reshaped expectations for Federal Reserve interest rate policy. The largest cryptocurrency by market capitalization has been locked in a tight trading range, with bulls attempting to establish support above $80,000 while bears defend the […]
Bitcoin recovery stalls after the Federal Reserve held interest rates steady, citing ‘uncertainty’ in the Middle East. The price dropped under $75,000 on April 29, 2026, following the release of FOMC minutes. This marks a key moment for traders watching support levels. Fed Holds Interest Rates, Bitcoin Reacts The Federal Open Market Committee (FOMC) minutes […]
Bitcoin (BTC) closed April with its strongest monthly performance in a year, finishing above $76,000, as the S&P 500 stole the spotlight by reaching a new all-time high above 7,200 points. The dual milestone came amid a broader risk-on rally that appeared to shrug off rising US inflation pressures. Bitcoin’s April rally and market context […]
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