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Odds against rate cuts high as new US Fed chair set for swearing in

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Many experts voiced concerns that the confirmation of Kevin Warsh as Federal Reserve chair would lead to uncertainty about the central bank’s independence, particularly in setting interest rates.

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Coin Market

Retail Bitcoin investor demand falls by 73% as futures selling tops $2B: Are the bears back?

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Bitcoin retail inflows to Binance remained at record lows as aggressive BTC futures selling and weakening spot demand pressured BTC below $77,000.

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Galaxy secures New York BitLicense to expand institutional crypto services

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The NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets.

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Georgia primary to test crypto PAC’s support for Democratic candidate

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A political action committee aligned with crypto interest groups reported spending more than $4 million in support of Democratic US House candidate Jasmine Clark in Georgia.

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