Senate’s 60-Vote Gap Looms Over CLARITY Act Before August Recess
The House Financial Services Committee has scheduled back-to-back hearings on July 14 and July 17, one covering Federal Reserve monetary policy, the other focused directly on the CLARITY Act. This is giving supporters of comprehensive crypto regulation…
Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions
Bitcoin Magazine Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal…
Post-FOMC Anxiety in a Kevin Warsh Fed Era: Why Bitcoin’s $62K Dip Is the New Normal
During this week’s FOMC meeting, the Federal Reserve dropped cautious hints about future interest rates. Prediction markets are currently pricing in a greater than 50% chance of at least one more rate hike before the year ends. This persistent…
Kevin Warsh Still Needs to Manage the Dollar, While Bitcoin Runs Automatically
Bitcoin Magazine Kevin Warsh Still Needs to Manage the Dollar, While Bitcoin Runs Automatically Kevin Warsh chaired his first Federal Open Market Committee meeting this week and immediately showed his hawkish colors. Rates stayed steady, but the new Fed…
Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains
Law and Order
Pro-Crypto Kevin Warsh Set for Trump Appointment Today: Big Weekend Rally?
The most crypto-friendly Federal Reserve chair in history is being sworn in today, and markets are waiting for this weekend’s catalyst. Kevin Warsh, the pro-crypto guy, backed by Trump, confirmed by the Senate 54-45 on May 13, officially replaces…
Bitcoin in the Warsh Era: A New Monetary Regime Takes Shape
Over the past week, Bitcoin has kept climbing, with modest gains pushing it above $80,000 range for the first time since January. The top cryptocurrency is now up about 13% over the past month, riding the bullish wave that kicked off in early April.…