Most Pro-Bitcoin Federal Reserve Board to Date Could Boost Crypto Industry

For long, Bitcoin has remained the major target for institutional investors, but lately Ethereum is turning up strongly on their radars too. Many companies have begun to accumulate the leading altcoin at a significant rate, with some even dumping a portion of their Bitcoin holdings to buy more ETH. Jane Street Shows Interest In Ethereum […]

Bitcoin is struggling to push above $82,000 as the market heats up and buyers search for the momentum needed to break through resistance that has now rejected three separate attempts. The price action is grinding, and analyst Axel Adler has identified the specific mechanism behind that resistance — one that goes beyond the technical level itself to describe the behavioral dynamic that is actively maintaining it. Related Reading: The 2022 Playbook Says Bitcoin Fails Here. On-Chain Data Says This Cycle Is Different The chart Adler examines places Bitcoin in a narrow corridor defined by two precise boundaries. Below, the short-term holder realized price for the one-week to one-month cohort sits at approximately $77,900 — the level at which recent buyers break even and below which selling pressure tends to ease as holders become reluctant to realize losses. Above, the 200-day simple moving average sits at approximately $82,100 — the technical boundary that has defined the ceiling of every

The interim appointment ensures stability and continuity at the Fed, minimizing market disruptions during the leadership transition period. The post Jerome Powell named interim Fed Chair until Kevin Warsh takes over appeared first on Crypto Briefing.

Powell's departure may shift Fed dynamics, impacting monetary policy continuity and crypto regulation amid evolving economic challenges. The post Jerome H. Powell steps down as Federal Reserve chair after eight years appeared first on Crypto Briefing.

The Bitcoin DeFi protocol is moving its assets away from LayerZero following the Kelp DAO exploit that led to the loss of $292 million.

The post Strive’s Bitcoin Buy Rivals Strategy appeared on BitcoinEthereumNews.com. Bitcoin treasury firm Strive has accelerated its BTC accumulation, and it is now on track to rival none other than Michael Saylor’s Strategy.  The company is adding 1% to its total Bitcoin treasury today. For context on the scale of such an increase within the corporate BTC sector, a 1% addition to Strategy’s holdings equates to approximately 8,180 BTC. Strive, which includes such big-name backers as Peter Thiel and Cantor Fitzgerald, is currently the ninth-biggest BTC treasury firm with 15,009 coins.  Strive’s Bitcoin Buy Rivals Strategy Bitcoin (BTC) Says Goodbye to $80,000, Dogecoin (DOGE) Spikes 50% Hinting at New Rally, Toncoin (TON) Risks Losing $2: Crypto Market Review It looks like Strive is going to add 1% to their Bitcoin hoard today. For reference, Strategy adding 1% is about ~8,180 Bitcoin. And after today SATA still has 9 full trading days before the next ex. div date… LET’S GO. THIS IS WHY

The post New Federal Reserve Leaders and Their Views on Bitcoin appeared on BitcoinEthereumNews.com. The United States Federal Reserve is experiencing a significant leadership transition, raising anticipation about how the new leaders will approach cryptocurrencies, notably Bitcoin. This change is being closely watched by financial markets keen to gauge its impact on digital currencies. Continue Reading:New Federal Reserve Leaders and Their Views on Bitcoin Source: https://en.bitcoinhaber.net/new-federal-reserve-leaders-and-their-views-on-bitcoin

Warsh's leadership may shift Fed policy towards tighter monetary measures and deregulation, impacting financial stability and market dynamics. The post Stephen Miran exits Federal Reserve, paving way for Kevin Warsh as next Fed chair appeared first on Crypto Briefing.