News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
No token is ever young forever, but there are always young people rushing into the ETH battlefield.
Bitcoin is holding strong above key support levels, with ETF inflows and derivatives data signaling bullish momentum despite macro uncertainty.
After Pi Network migrated to the mainnet, its PI token experienced significant price drops and weak market participation. As April begins, its future remains uncertain, with the potential for either a rebound or further decline depending on buyer interest and network developments.
EOS has gained 16% in the last 24 hours, reaching a two-month high, but overbought signals suggest a potential pullback could follow.
Federal Reserve Chairman Powell is facing a serious policy dilemma: under immense government debt and political pressure, the Fed has had to abandon its independence and anti-inflation stance. Instead, it has resorted to measures like quantitative easing to finance the government, creating a situation of "fiscal dominance" similar to the Volcker era of the 1970s. This foreshadows the Fed's need to reinitiate loose monetary policy, which could potentially drive up the prices of assets like Bitcoin.
- 21:25Probability of Powell Being Removed as Fed Chair This Year Rises to 18% on PolymarketAccording to official website data, the probability of Powell being removed as the Fed Chair this year on Polymarket has risen to 18%.
- 21:09DCG CEO Admits "Better Off Hoarding Bitcoin", Industry Leaders Predict BTC Could Reach One Million DollarsDigital Currency Group (DCG) CEO Barry Silbert reflected in a podcast that holding onto the Bitcoin purchased during early 2012 crypto projects (at a buying price of $7-8) would have yielded higher returns. He also pointed out that most cryptocurrencies currently lack actual monetary value. Meanwhile, Bitcoin minimalists predict that BTC might exceed one million dollars within the next decade. Bitcoin Policy Institute (BPI) head Zach Shapiro stated that if the U.S. government announced the purchase of one million BTC, it would trigger a market shock. The Trump Crypto Council is also exploring ways to increase BTC holdings through gold reserve reevaluation or tariffs to address the U.S. debt crisis. Asset management company VanEck analyzed that BTC-tied bonds could potentially help reduce the $14 trillion national debt.
- 21:08The Wall Street Journal: Trump Privately Discussed Firing Powell and Appointing Former Fed Governor Warsh as SuccessorAccording to The Wall Street Journal, sources familiar with the matter revealed that President Trump has been privately discussing for months the possibility of firing Federal Reserve Chairman Powell, although he has yet to make a final decision on whether to remove him before his term ends next year. Sources say that during a meeting at Mar-a-Lago, Trump discussed with former Fed Governor Kevin Warsh the possibility of firing Powell before his term ends and potentially selecting Warsh as his replacement. However, Warsh advised against dismissing Federal Reserve Chairman Powell, believing that his term should end without interference. U.S. Treasury Secretary Besent also opposed Trump's intention to remove Powell.