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🇺🇸 NEW: President Trump praises Fed chair candidate Chris Waller as "great" and says he's narrowed his pick down to 3-4 candidates, with a final decision coming within weeks.
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🗞 Catch up on the news over the last 24 hours!
🇺🇸 President Trump says he will soon announce the next chairman of the Federal Reserve, “someone who believes in lower interest rates by a lot.”
🚨 World Liberty Financial community proposes using a portion of unlocked WLFI treasury as incentives to accelerate USD1 stablecoin adoption.
🚨 Ethereum exchange supply drops to its lowest levels since 2016, signaling increased trader caution and reduced short-term selling pressure, per CryptoQuant.
🔥 Bitwise predicts $BTC will break the four-year cycle and reach new all-time highs in 2026, with $ETH and $SOL also hitting ATHs if the CLARITY Act passes.
📊 $XRP spot ETFs have logged inflows every single day since launch.
🇹🇼 Taiwan’s Ministry of Justice revealed it holds 210.45 $BTC in seized assets, per Legislator Ju-Chun Ko.
🇬🇧 The Bank of England cut its interest rate by 25 bps to 3.75%, matching expectations.
🇺🇸 US inflation cooled to 2.7%, below market expectations.
🇺🇸 SoFi launched SoFiUSD, a fully reserved U.S. dollar stablecoin, becoming the first national bank to issue a stablecoin on a public, permissionless blockchain.
🔥 Intuit has partnered with Circle to integrate USDC into its financial platforms, enabling faster and lower-cost payments across services like TurboTax, QuickBooks and Credit Karma.
🇺🇸 White House AI and Crypto Czar says a markup for the CLARITY Act is coming in January.
🇺🇸 CFTC seeks feedback on letting retail traders directly access derivatives clearing, part of push for stronger retail protections in derivatives markets.
🇺🇸 The US Senate has confirmed pro-crypto Michael Selig as CFTC Chairman in a 53-43 vote.
🚨 NYSE owner Intercontinental Exchange (ICE) is in discussions to invest in crypto payments firm MoonPay as part of a funding round, per Bloomberg.
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🇺🇸 BIG: White House AI and Crypto Czar says a markup for the CLARITY Act is coming in January.
“We are closer than ever to passing the landmark crypto market structure legislation.”
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🚨 ALERT: $140M liquidated across the crypto market in the last 60 minutes.
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