Bitcoin Crashes Amid OKX CEO’s Blame
OKX CEO Star Xu blames October 10 crash on high-risk USDe yield campaigns, causing $19B liquidations, countering Binance’s macroeconomic shock claim. #Update #Crypto
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OKX CEO Star Xu blames October 10 crash on high-risk USDe yield campaigns, causing $19B liquidations, countering Binance’s macroeconomic shock claim. #Update #Crypto
SEC Chair Paul Atkins supports crypto in 401(k) plans with safeguards, addressing Senator Warren’s concerns. Collaboration with CFTC aims for clear crypto regulations. #Update #Crypto
Nomura Holdings tightens crypto risk management after European losses but remains committed to long-term crypto involvement. The firm acquired Macquarie Group’s asset management business for $1.8 billion. #Update #Crypto
Vladika, a Solana validator, offers 0% commission and full MEV reward sharing, providing an effective 6.34% APY for stakers. #Update #Crypto $SOL
Nu, Brazil’s largest digital bank, receives OCC conditional approval to establish US national trust bank Nubank, N.A., with operations pending further regulatory clearances. #Update #Banking
Tether reports over $10B profit in 2025 as USDT circulation surpasses $186B, with reserves at $193B and US Treasury exposure exceeding $141B. #Update #Crypto $USDT
Vitalik Buterin withdraws 16,384 $ETH ($44M) to fund open-source projects as Ethereum Foundation enters “mild austerity.” Focus on sustainability and decentralized tech. #Update #Crypto $ETH
Kazakhstan allocates $350M from its National Fund to establish a national crypto reserve, investing in crypto-focused hedge funds. #Update #Crypto
Michael Saylor predicts Kevin Warsh, nominated by Trump, will be the first pro-Bitcoin Federal Reserve Chairman. Warsh views Bitcoin as a market signal. #Update #Crypto $BTC
President Trump selects Kevin Warsh as Federal Reserve chairman, leading US monetary policy and representing the US in global financial forums. #Update #Economy
The Senate Agriculture Committee advanced a crypto market structure bill with a 12-11 vote, granting the CFTC oversight of digital commodities. #Update #Legal
Kevin Warsh’s odds of becoming the next Fed Chair rise to 92% after Trump’s hint at a familiar financial figure, with an announcement expected January 30, 2026. #Update #Finance
The Trump administration plans to nominate Kevin Warsh as the next Fed chair, potentially facing Senate opposition. Warsh’s hawkish monetary stance may conflict with Trump’s rate preferences. #Update #Legal
El Salvador’s Central Reserve Bank buys 9,298 troy ounces of gold for $50M, increasing its holdings amid global central bank stockpiling. #Update #Finance