10-28
Five Federal Reserve Chair Finalists Signal Support for Crypto
Treasury Secretary Scott Bessent confirmed second-round interviews for the next Federal Reserve chair will begin soon, with all five finalists expressing favorable views on cryptocurrency. Christopher Waller and Michelle Bowman have advocated for stablecoins and greater central bank engagement with digital assets, while Kevin Warsh remains skeptical of Bitcoin's role as a reliable unit of account. Rick Rieder and Kevin Hassett, who have ties to BlackRock and Coinbase respectively, see Bitcoin as a portfolio diversifier and inflation hedge.
المختارة
10-28
10-28
Nearly $360M in Crypto Short Positions Liquidated as Bitcoin Reclaims $116K
Cryptocurrency short positions saw nearly $360 million in liquidations over the past 24 hours as markets rebounded. Bitcoin rose above $116,000 and Ethereum briefly hit $4,250 before modest pullbacks. Total derivative liquidations reached approximately $467 million, according to CoinGlass. Bearish bets made up 76.6% of the total, with Bitcoin and Ethereum accounting for the largest shares.
المختارة
10-28