What's Inside Kevin Warsh's Crypto Portfolio?
Major Reversal! Stronger-than-Expected Nonfarm Data Recovery; Will the Fed Focus on Combating Inflation?
From negative to explosive growth, the U.S. added 178,000 nonfarm jobs in March, the highest since December 2024. The unemployment rate unexpectedly declined, while wage growth slowed. Bets on Federal Reserve interest rate cuts cooled, and the dollar index surged above 100 in the short term.
Crypto Market Daily Update | Trump's Speech Shatters Ceasefire Expectations, Cryptocurrency Market Reacts with Declines, Bitcoin Drops Back to $66,000; CFTC Chairman: CFTC Ready to Regulate the Entire Cryptocurrency Market
According to a report by Cointelegraph, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is prepared to regulate the entire $3 trillion cryptocurrency industry and reiterated that the CFTC is the sole regulator of predictive markets. However, there is currently no timetable set by Congress for the passage of key market structure legislation. In his 100-day statement in office, Selig noted that the CFTC is 'ready to assume responsibility.'
Daily Updates in the Cryptocurrency Market | The cryptocurrency market is on an upward trend, with Bitcoin rising to $68,000; the Hong Kong Monetary Authority responds to the delay of the first batch of compliant stablecoin licenses: efforts are being mad
According to a report by Cointelegraph, S&P Dow Jones Indices has tokenized its iBoxx U.S. Treasury Index on the Canton network, enabling this key fixed-income benchmark to be represented in the form of a digital asset.
Crypto Market Daily Updates | Volatility in the cryptocurrency market continues as Bitcoin fluctuates around the $67,000 mark; U.S. Senator proposes the American Mining Act, aiming to incorporate a strategic Bitcoin reserve into law.
According to The Block, U.S. Republican Senators Cynthia Lummis and Bill Cassidy introduced the American Mining Act, which aims to expand the role of cryptocurrency mining in the U.S. economy and codify President Trump's executive order on establishing a strategic Bitcoin reserve into law. The bill would direct the Department of Commerce to establish a voluntary certification program for mining pools and mining facilities, and require certified facilities to phase out mining equipment manufactured by companies associated with foreign adversaries.
Crypto Market Daily Updates | The cryptocurrency market experienced volatile upward movement, with Bitcoin rebounding to $67,000. Strategy has accumulated 45,000 BTC in the past 30 days, marking the fastest rate of increase in nearly a year.
According to Hong Kong 01, Wu Jiezhuang, a member of the Legislative Council of Hong Kong, and Min Byung-deok, a member of the National Assembly of South Korea, jointly initiated the 'Hong Kong–South Korea Web3 Policy Promotion Alliance,' which will focus on areas such as digital asset regulation, stablecoin mechanisms, blockchain infrastructure, and cross-border data flows.