What happened in crypto today: New Fed chair election, DeFi cracks and more
Will the confirmation that the new Fed chairman will pick Kevin Warsh extend Bitcoin’s recent rise above $78,000? Source link
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Here’s Kevin Warsh’s Prepared Statement for the Senate Banking Confirmation Hearing
Kevin Warsh He is in the hot seat today as he will take over as Chairman of the Board US Federal Reserve, and his confirmation hearing is, as expected, blatantly partisan. While Republicans openly support the nomination, Democrats aim to…
Stellar breaks resistance, XLM bulls target $0.22 amid strong momentum
XLM price is clearing a significant hurdle as increased network activity supports momentum. Source link
Total Value of Composable Real World Assets (RWAs) Reached Over $27 Billion: Analysis
Dune Analytics He noted that the total value of tokenized real-world assets (RWAs) has grown to $27 billion, but only a small portion (about $2.7 billion) is actively circulating in decentralized finance ecosystems. This smaller pool acting as collateral lending…
Frozen 30,766 ETH: How did Arbitrum act before KelpDAO funds disappeared?
Funds were held up during the run… So who actually controls DeFi when it matters? Source link
Mike Katz of Manatt Law Firm Shares His Perspective on Payward’s Acquisition of Bitnomial
Paymentparent company of crypto exchange krakenrecently announced the purchase bitnomial up to $550 million in cash and stock. This move, which values Payward at $20 billion, secures a full set of U.S. Commodity Futures Trading Commission (CFTC) derivatives platform approvals…
Hyperliquid whale pours $8.15 million on HYPE – Will the bears push the price down to $38?
The hyperliquid whale sold 199,999 HYPE for $8.15 million amid increasing bearish pressure. Source link
Regtech Entrust Collaborates with Vodafone Fiji to Launch Digital Debit Cards
Vodafone Fiji partnered with deposit The Pacific island nation is taking a significant step towards instant, contactless payments by introducing digital debit card issuance through its popular M-PAiSA mobile wallet. This collaboration provides customers with digital-first seamless experiences, allowing customers…
SPX6900 rises 11% amid ‘ETH meme season’ rumors: Can SPX break $0.38?
SPX has rebounded sharply, but is this the start of another rally or a short-lived rise? Source link
Coinbase Says Bitcoin Is Not at Quantum Risk
Coinbase Quantum Advisory Council He released a statement stating that Quantum does not pose any risk to Bitcoin, at least for now. A paper compiled by researchers from various universities and crypto organizations says that not all cryptocurrencies are at…
