Prospective Fed Chair Pressed on Potential Conflicts of Interest
Donald Trump’s pick for Fed chair denied that the US President had ever explicitly asked him to lower interest rates and sidestepped answers on his potential conflicts of interest.
Donald Trump’s pick for Fed chair denied that the US President had ever explicitly asked him to lower interest rates and sidestepped answers on his potential conflicts of interest.
Bitcoin hit $76,000 as global tensions cooled and oil prices stabilized, but will the calm and uptick in institutional BTC buying change the bear trend?
With more than $100 million from investments spanning finance, digital assets, and AI, Kevin Warsh is expected to be one of the wealthiest people to potentially become Fed chair.
The United States Bureau of Labor Statistics published the March CPI print on Friday, which came in slightly better than analyst expectations.
Bitcoin moves higher even as US economic data show inflation running hot and the economy slowing down.
The Fed's March minutes indicated a rate cut is possible this year if inflation declines as expected, though some officials warned hikes may be necessary.
Bitcoin bulls seized upon the opportunity of peace developing in the Middle East, but a handful of headwinds could quickly unravel the crypto market rally.
Rumors of a potential ceasefire between the US and Iran boosted market sentiment, but data show Bitcoin traders have little faith in $68,000 holding.
The Senate Banking Committee plans to hold its hearing on the nomination of Kevin Warsh as soon as April 13, according to a report from Punchbowl News.
Cathie Wood’s ARK Invest will use Kalshi’s prediction market data to guide its investment decisions to gauge real-time expectations and monitor market KPIs.
Crypto ETPs saw $230 million in inflows last week despite $405 million in post-FOMC outflows, with Bitcoin leading gains and Ether ending a three-week inflow streak.
Bitcoin bulls attempt to establish support at $70,000 but rising concerns over the health of the US economy and inflation could chip away at the key price level.
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