The post Inflation Surge to 3.8% Complicate Warsh’s Expected Fed Takeover appeared on BitcoinEthereumNews.com.
Rising CPI at 3.8% limits Fed easing options as inflation expectations rise. Kevin Warsh faces pressure between Trump’s rate-cut push and markets demanding tight policy. Bitcoin gains traction as Fed uncertainty boosts demand for decentralized assets. Kevin Warsh appears set to become the next leader of the U.S. Federal Reserve during one of the most difficult inflation periods in years. Fresh consumer inflation data now threatens to trap the incoming chair between political pressure from President Donald Trump and financial markets demanding tighter policy. The latest Consumer Price Index report showed inflation accelerating sharply. Headline CPI climbed to 3.8%, marking its highest reading in three years. Meanwhile, Core CPI rose to 2.8%, its highest level in eight months. Consequently, investors immediately reduced expectations for interest rate cuts during 2026. Markets no
The massive surge in the Bitcoin price since April 2026 is still viewed as part of a broader bear market phase, according to on-chain analytics platform CryptoQuant. While some market experts believe the rebound could signal a new bull run, CryptoQuant’s unrealized profit data show the numbers are nowhere near bull-market levels. Notably, as BTC’s value increases, rising selling pressure could threaten the cryptocurrency’s ongoing rally, potentially triggering a price breakdown. Profit-Taking Hits Three-Month Highs After Bitcoin Price Surge Bitcoin’s rally to $82,000 on May 6 came as a shock to the broader digital asset market, as that was the first time the cryptocurrency had reached that level since late January 2026. Initially, BTC broke above $81,000 on May 5 and pushed toward $82,000 the next day, only to be rejected. Now, after the surge, Julio Monero, the Head of Research at CryptoQuant, believes that investors could be gearing up to take profit, potentially adding more volati
Bitcoin’s move back above $80,000 has brought various interesting outlooks in terms of what’s next. Crypto analyst Merlijn The Trader says the current structure looks similar to Bitcoin’s fakeouts in 2017 and 2021, where price briefly broke below support, quickly recovered, and then expanded higher. This setup now raises the question of whether the latest […]
CryptoQuant signal has flipped Bitcoin into early bull territory for the first time since March 2023, analysts say. CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12 for the first time since March 2023, signaling what analysts describe…
The post WTI Crude Oil rallies (again) as Trump rejects Iran peace proposal appeared on BitcoinEthereumNews.com.
Wednesday’s EIA inventory data will test how tight US crude supply has become amid the prolonged Hormuz closure. WTI Crude Oil climbed about 3.3% on Tuesday, extending a multi-day rally that pushed price toward the $100 round figure in spot markets. The session printed a steady stepwise advance through European and US trade, marking a high close to $99.40 before consolidating around $98.70 just below the triple-digit level. The Tuesday rally followed President Trump’s rejection of Tehran’s latest peace proposal, which he dismissed as ‘garbage’ while warning the existing ceasefire was on ‘life support.’ Reports suggested Trump is preparing to meet with his national security team to consider renewed military action and to discuss escorting commercial vessels through the Strait of Hormuz, further reducing the likelihood of a near-term reopening. Saudi Aramco CEO Amin Nasser war
Bitcoin topped $83,000, but Wintermute says weak spot demand and rising open interest point to a short squeeze. Bitcoin rose above $83,000 as risk assets moved higher, but Wintermute warned that the rally may not be fully backed by spot demand. The firm said weak cash-market activity and rising leverage suggest the move was driven […]
The post Bitcoin Tops 83000 But Wintermute Warns Spot Demand Remains Unusually Weak appeared first on Live Bitcoin News.
The post US government previews Trump’s trip to China with CEOs from key industries appeared on BitcoinEthereumNews.com.
President Donald Trump is heading to Beijing on May 14 with a corporate entourage that reads like a Fortune 500 all-star roster. Sixteen CEOs from American industry’s biggest names will accompany him for a two-day summit aimed at hammering out trade agreements across aerospace, energy, and agriculture. It’s the first time a sitting US president has visited China since 2017. Who’s on the plane The delegation features some of the most recognizable names in American business. Elon Musk, Tim Cook, Larry Fink, and leaders from Boeing, Citi, Goldman Sachs, and Qualcomm are all confirmed to be part of the traveling party. The summit’s agenda reportedly spans trade deals, AI cooperation frameworks, rare earth mineral access, and thornier geopolitical topics including the Iran war and Taiwan. The administration has signaled its intent to establish what it’s calling a “board o
The post Exodus Shifts from Wallet to Full Crypto Payments Company After Selling $87M in Bitcoin appeared on BitcoinEthereumNews.com.
TLDR: Exodus launched Exodus Pay, a platform letting users spend crypto directly from wallets across the U.S. and Europe. The firm acquired Monavate and Baanx to build out its full-stack crypto payments infrastructure in Q1 2026. Exodus cut Bitcoin holdings from 1,704 BTC to 628 BTC, using proceeds to become fully debt-free this quarter. XO Cash, Exodus’s new dollar-backed stablecoin, is positioned as the first stablecoin designed for AI agents. Exodus (EXOD), the publicly traded Bitcoin wallet firm, is broadening its scope beyond wallets into a full crypto payments company. The firm announced this shift alongside its Q1 earnings report, backed by two strategic acquisitions and a new stablecoin launch. Its balance sheet also changed sharply, with Bitcoin holdings cut significantly to fund debt repayment and acquisition costs. Shares closed Tuesday at $6.
Trump's visit could reshape US-China relations, impacting global trade dynamics and geopolitical strategies amid existing tensions.
The post Trump to visit China for summit with Xi Jinping amid US-China tensions appeared first on Crypto Briefing.