Odds against Interest Rate Cuts High as New US Fed Chair to be Sworn in

Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about whether he’ll do what US President Donald Trump hopes he does: Lower interest rates once in office. On Wednesday, the US Senate voted largely along party lines to confirm Warsh as the next Fed chair, succeeding Jerome Powell. While Trump nominated both Fed governors in different terms, the president repeatedly threatened to fire Powell in recent months, saying that the Fed chair “should be lowering…

What Adam Back Knows About Satoshi That Others Don’t #bitcoinnews #cryptosecrets

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is Adam Back Satoshi Nakamoto? In this fascinating clip from Crypto Warehouse’s ‘In The Trenches,’ Adam Back addresses the persistent rumors and explains why he is NOT Satoshi. More importantly, he delves into the fundamental nature of Bitcoin, discussing whether it’s an invention or a discovery. Discover his unique perspective on: – The frequent questions he gets about being Satoshi (0:00) – Why Bitcoin is more like a discovery than an invention (0:12) – The significance of Satoshi’s early departure from development…

Galaxy Wins New York BitLicense for Institutional Crypto Services

Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State Department of Financial Services (NYDFS), allowing it to expand regulated digital asset services to institutional clients in the state. The company said Monday that the approvals were granted to its subsidiary, GalaxyOne Prime NY, which provides trading and financing services to institutional investors. The licenses extend Galaxy’s regulatory reach into New York, one of the most tightly regulated jurisdictions for cryptocurrency businesses in the United States.…

Bitcoin Dip-Buy Signal Emerges as Retail Fear Overtakes Optimism

Key Takeaways Santiment said rising bearish bitcoin sentiment historically signals stronger rebound potential for BTC. Retail traders pushed BTC commentary into a “FUD Zone” as prices hovered near $76,000. Social platform data showed bearish sentiment rising as rebound odds improved. Bitcoin Sentiment Ratio Turns Bearish After BTC Slide Bitcoin traded near $77,000 around 5:36 p.m. after briefly dipping toward $76,000 on May 18, triggering a rise in bearish social media commentary tied to BTC, Santiment stated in a post on social media platform X. BTC recovered modestly from that local…

3 Factors May Send Bitcoin Price Back To $80K

Key takeaways: Aggressive Bitcoin buying by Strategy helped to offset the recent leveraged long liquidations. Rising bond yields and a heavy US government debt burden are driving investors toward scarce assets. A potential deal between the US and Iran could quickly restore traders’ risk appetite. Bitcoin (BTC) faced a rejection following a failed attempt to break above $82,000 on Thursday. A subsequent retest of the $76,000 level on Monday triggered $400 million in liquidations for bullish Bitcoin positions over a four-day period. While traders’ confidence took a hit from the…

Bitcoin (BTC): A Major Move Is About To Begin… This Changes Everything!!

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Curious About What The CLARITY Act Says About XRP? Here Are The Parts To Focus ON

With the US Digital Asset CLARITY Act inching closer to becoming law, many investors and supporters are eager to know how it could shake things up for XRP. A crypto analyst has broken down the specific sections of the bill that could directly impact XRP, Ripple, and its stablecoin RLUSD. These key parts touch on XRP’s status as a commodity, its role in banking infrastructure, and potential yield opportunities for investors.  What The CLARITY Act Means For XRP In a recent X post, pseudonymous crypto analyst @Whiplash437 outlined the exact…

Bitcoin Miner Revenue Drops 9.44% Following Network Difficulty Jump – Bitcoin News

Key Takeaways Bitcoin difficulty hit 136.61T on May 15 as miner revenue fell 9.44%. Hashrateindex.com data shows PH/s value slid from $38.97 to $35.29 in 4 days. Bitcoin fees made up just 0.59% of rewards, keeping focus on BTC price trends. Bitcoin Petahash Value Slides to $35 as Mining Difficulty Rises Although the previous week offered miners a more favorable stretch, conditions have tightened considerably over the last four days. Bitcoin’s network difficulty climbed on May 15 at block height 949536, marking the first upward adjustment in more than a…

Soluna Q1 Revenue Rises 58% as Data Center Hosting Surpasses Crypto Mining

Digital infrastructure company Soluna Holdings reported strong first-quarter revenue growth as expanding data center operations helped offset weaker returns from cryptocurrency mining. Revenue rose 58% from a year earlier to $9.4 million and increased 2% from the previous quarter, according to the company’s earnings report released Monday. It was Soluna’s fourth-consecutive quarter of sequential revenue growth. The gains were driven by additional capacity coming online at the company’s Dorothy and Kati sites in Texas. Data center hosting generated $6.7 million in revenue, while cryptocurrency mining contributed roughly $2.2 million, down…

Georgia Primary to Test Crypto PAC’s Support for Democratic Candidate

The Protect Progress, a political action committee (PAC) affiliated with the cryptocurrency company-backed Fairshake PAC, has spent more than $4 million attempting to help secure a win for a Georgia state representative running for the US House of Representatives. On Tuesday, Georgia voters will decide on their candidate in the primary for the state’s 13th Congressional district, where state representative Jasmine Clark faces competition among Democrats. According to data from the Federal Election Commission, Clark has been the beneficiary of more than $4.2 million in spending on media by the…