Kevin Warsh was sworn in as Fed chair on Friday as Bitcoin trades near $77,400. Summary Warsh took the oath from Supreme Court Justice Clarence Thomas at a White House ceremony, succeeding Jerome Powell. The Senate confirmed Warsh 54-45, with only Democrat John Fetterman crossing party lines to support the nomination. Bitcoin held near $77,400
Key Takeaways ICE and OKX will launch perpetual Brent and WTI oil futures using ICE benchmarks. OKX expands beyond crypto as perp trading spreads into commodities and TradFi markets. ICE and CFTC are increasing focus on crypto-linked derivatives and perpetual oversight. OKX Pushes Perpetual Oil Contracts as ICE Expands Into Crypto Infrastructure Intercontinental Exchange, the
Crypto investors often look to BTC as a safe haven asset, but its price performance during times of conflict is disappointing. Source link
This content originally appeared on Mashable for a US audience and has been adapted for the UK audience. It’s 2026 and times are good for low-effort consumers. Yes, you can get pretty much anything you want by just tapping and swiping of your smartphone: Your shopping, your favourite takeaway, your high-ticket tech, even — our
Ripple joined a $6M funding round for cross-chain infrastructure platform Squid. Summary North Island Ventures led the $6M strategic round, with Ripple, Dialectic, and Borderless also participating. Squid has routed over $6 billion in volume through more than 4 million transactions since its January 2023 launch. The new funding brings Squid’s total raised to $13.5
Key Takeaways FDIC staff said depositors associated with the digital asset sector and active escrow depositors were more likely to run. Uninsured exposure intensified pressure, with more than 99.5% of Signature active escrow balances uninsured. Wire activity showed how quickly mobile funds left stressed banks during the 2023 runs. Digital Asset Depositors Moved Faster During
Pump Fun has bolstered its defense team as it prepares to take on Burwick Law, which calls the memecoin platform a “pump and dump” scheme. Source link
When you think of Memorial Day sales, you probably think of mattresses and other home goods. And while those items are definitely discounted, now is also a good time to purchase tech. Personally, I’m not buying anything right now unless it’s discounted—and fortunately many of our top picks are. Whether you’re shopping for a power
A Bitcoin reserve bill to codify Trump’s executive order gained a Nashville champion. Summary Rep. Matt Van Epps framed the American Reserve Modernization Act as an extension of Nashville’s growing Bitcoin ecosystem. ARMA would lock federally held Bitcoin for a minimum of 20 years and authorize Treasury to acquire up to 1 million BTC over
Key Takeaways Bitcoin fell 2.8% Friday as Coinglass logged $577.9M in crypto liquidations. Sosovalue data showed $36.29M leaving spot bitcoin ETFs during Friday trading. Donald Trump warnings and Fed fears kept BTC below the $76K resistance zone. Bitcoin Loses Ground The $80,000 range once again appears increasingly distant, with bitcoin now trading below the $76,000