Kevin Warsh poised for Senate confirmation vote to lead Federal Reserve

The funding highlights the increasing institutional focus on robust compliance systems, crucial for the evolving digital asset landscape. The post Elliptic lands $120 million funding round backed by JPMorgan, Deutsche Bank, and Nasdaq appeared first on Crypto Briefing.

The inflation surge may lead the Fed to prioritize inflation control over rate cuts, impacting monetary policy and market expectations. The post US inflation in April, highest in three years amid oil price surge appeared first on Crypto Briefing.

The post US April CPI Report Sparks Fresh Fears of Fed Rate Hikes in 2026 appeared on BitcoinEthereumNews.com. Markets now price in growing odds of Fed rate hikes as April CPI data approaches. Rising oil and gasoline prices continue adding pressure to U.S. inflation expectations. Softer wage and shelter inflation may help limit further Fed tightening concerns. The upcoming release of the U.S. April Consumer Price Index (CPI) report has raised attention on the Federal Reserve’s next policy move, as financial markets continue to price in a prolonged period of high interest rates. Current expectations from major investment banks indicate that the Fed is unlikely to begin cutting rates before 2027, while market participants have also started assigning higher probabilities to possible rate hikes later this year. The inflation report is expected to provide further clarity on whether price pressures tied to energy costs and core inflation trends could change the central bank’s policy directio

The post Bitcoin, ether fall as traders react to rising Middle East tensions appeared on BitcoinEthereumNews.com. The broader crypto market ticked lower on Tuesday with bitcoin BTC$80,621.04 falling 1% since midnight UTC to $80,800 and ether (ETH) losing 2% to $2,290. U.S. equity futures also dropped after U.S. President Donald Trump said the ceasefire with Iran was “on massive life support,” leading to a spike in Brent crude oil to $107 per barrel and a 0.4% rise in the U.S Dollar Index (DXY). Bitcoin, however, remains above Bitmine (BMNR) Chairman Tom Lee’s line in the sand at $76,000, which he said would confirm the end of a bull market if bitcoin can hold above that level at the end of the month. The altcoin market is mixed with the majority of tokens underperforming the two largest cryptocurrencies, while a small corner of the market, including CRO$0.08090, curve (CRV) and toncoin (TON), bucked the bearish price action with upside moves between 5% and 10% in the past 24 hours. Der

The post Crypto Market Hits $2.7T Amid Positive Performance Across Leading Assets appeared on BitcoinEthereumNews.com. The worldwide crypto market has witnessed a notable growth over the past 24 hours. Hence, the total crypto market capitalization has hit the $2.7T mark, reflecting a 0.33% rise. In addition to this, the 24-hour crypto volume has jumped by 68.22%, reaching $98.01B. At the same time, the Crypto Fear & Greed Index accounts for 50 points, showing “Neutral” sentiment among the market participants. Bitcoin Rises by 0.53%, While Ethereum Sees 1.0% Dip The top cryptocurrency, Bitcoin ($BTC), is now changing hands at $81,209.33. This price level indicates a 0.53% increase while the market dominance of Bitcoin ($BTC) is 60.0%. On the other hand, the flagship altcoin, Ethereum ($ETH), has dropped by 1.00%, touching the current price level of $2,311.08. In the meantime, Ethereum’s ($ETH) market dominance stands at 10.4%. $BPX, $BEER, and $TSLA Dominate Crypto Gainers of Day Apart

The post Dollar Holds Steady as Middle East Peace Talks Fade appeared on BitcoinEthereumNews.com. The US dollar remained stable as Middle East peace talks stalled and oil prices rose. Brent crude climbed above $104 per barrel while fears around the Strait of Hormuz remain. Traders have largely removed expectations for Federal Reserve rate cuts this year. The US dollar held steady on Tuesday even as hopes for a Middle East peace deal weakened and oil prices climbed higher. Markets are now balancing two opposing forces, i.e., rising geopolitical risk and expectations that central banks will keep interest rates elevated for longer. Investors grew more cautious after Donald Trump described the Iran ceasefire as “on life support” following Tehran’s rejection of the latest US peace proposal. The comments led to fears that the conflict, which began at the end of February, could continue well into the second half of the year. The war has already disrupted energy flows across the region and lef

A new XRP market thesis is circulating ahead of the Senate markup of the CLARITY Act on Thursday, May 14, 2026, at 10:30 AM ET, with XRP community member and developer Vincent Van Code arguing that regulatory clarity could turn XRP Ledger liquidity from a speculative narrative into institutional market structure. The argument centers on whether legal safe harbor for digital assets would allow major banks and payment networks to use XRPL liquidity pools at production scale. In a post on X, Van Code described the upcoming markup, as a potential trigger for XRP’s institutional use case. He framed the legislation not merely as another policy milestone, but as the missing legal layer for large regulated financial institutions to engage more directly with on-chain settlement infrastructure. Why XRP Needs $10 For Bank-Scale XRPL Liquidity “The digital asset market has spent a decade in beta. This Thursday, May 14, 2026, the CLARITY Act Senate markup provides the final legal API for G-SIBs (Gl

The post Fed Rate Cut Odds Fall as Senate Advances Kevin Warsh, Will Bitcoin & Gold Crash Again? appeared on BitcoinEthereumNews.com. Fed rate cut odds plunge as the US Senate advances President Trump’s nominee Kevin Warsh closer to confirmation as the next Fed Chair. Bitcoin and gold erase gains as Warsh could replace Jerome Powell following final confirmation votes this week. Meanwhile, inflation is rising amid elevated oil prices as Trump said the US-Iran ceasefire is on “massive life support” after dismissing Iran’s peace proposal, fueling concerns that the Strait of Hormuz may stay shut for an extended period. US Senate Confirms Kevin Warsh as Fed Governor, Fed Rate Cut Odds Dip The US Senate voted 49-44 to invoke cloture on Kevin Warsh’s nomination to serve as a member of the Board of Governors of the Federal Reserve System. He will remain a governor for a term of 14 years from February 2026. The Senate is expected to hold final confirmation votes this week, with Republicans’ maj