Fed Appoints Powell Interim Chair
Jerome Powell remains as temporary Federal Reserve chair while Kevin Warsh awaits swearing-in, following Senate confirmation. Warsh is seen as more open to digital assets. #Update #Crypto
Jerome Powell remains as temporary Federal Reserve chair while Kevin Warsh awaits swearing-in, following Senate confirmation. Warsh is seen as more open to digital assets. #Update #Crypto
Poland’s parliament has enacted a crypto regulation bill enhancing the Financial Supervision Authority’s powers amid a $96 million loss investigation into Zondacrypto. #Breaking #Legal $USDT
@MicroStrategy plans to repurchase $1.5B in convertible notes, potentially selling part of its $BTC holdings, leading to negative market sentiment and a dip in MSTR stock. #Update #Crypto $BTC
House Agriculture Committee leaders urge President Trump to nominate a full panel for the CFTC, emphasizing the need for leadership amid regulatory changes from the CLARITY Act. #Update #Crypto $BTC
U.S. House lawmakers urge former President Trump to appoint bipartisan leadership for the Commodity Futures Trading Commission as it increases oversight of U.S. crypto trading. #Update #Legal
Drake’s new album includes a call to free imprisoned FTX founder Sam Bankman-Fried, despite critics panning the release. #Update #Music
Bitcoin struggles to break $82,000 resistance as short-term holders exit rallies at breakeven, maintaining selling pressure. Analyst suggests sustained SOPR above 1.0 is needed for change. #Update #Crypto $BTC
Antseed launched a P2P AI marketplace on May 15, bypassing centralized intermediaries with instant USDC payouts and no platform markups. #Update #Crypto $USDC
Bitcoin is testing the $80,000 break-even level for short-term whales; previous tests led to capitulation. Sustained prices above this range may reduce selling pressure. #Update #Crypto $BTC
The group of terrorism victims has filed a lawsuit in Manhattan to compel @Tether to unfreeze $344M in USDT, seized by the U.S. Treasury due to ties with Iran’s IRGC. #Update #Legal $USDT
@DelphiDigital indicates that Strategy is nearing a $28 billion issuance limit on its STRC stock, but alternative capital-raising methods may enhance its BTC accumulation. #Update #Crypto $STRK
@SpaceX targets June 11 for IPO pricing on Nasdaq, following a swift SEC review. Trading could commence as early as June 12. #Update #Crypto $DOGE
Intercontinental Exchange and CME Group urge CFTC to address market integrity risks of Hyperliquid, which denies claims amid $21.51B Brent crude futures surge. #Update #Crypto
Ethereum sees $74.58M in realized profits as holders sell during a 5.5% price dip, reflecting a shift in market sentiment. #Update #Crypto $ETH