Live markets: Bitcoin heads lower late Friday as Warsh takes over at Fed
Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon.
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Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon.
Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software.
DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.
Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research’s Tim Sun.
Researchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC.
The billionaire investor said he sold most of his bitcoin after concluding the cryptocurrency failed to act as a hedge during recent geopolitical turmoil and dollar weakness.
BTC recently turned lower from the 200-day average, a barometer of long-term trends. CryptoQuant explains why.
Also: Citi on quantum computing and bitcoin, Jump Crypto’s Firedancer, and Vitalik Buterin on AI verification
Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
BTC’s implied volatility remains low despite the recent price selloff. Options specialist prefers a long straddle strategy in this scenario.