The post Bitcoin Could Gain if Fed Backstops the $75 Trillion Equity Market appeared on BitcoinEthereumNews.com.
Crypto News Bitcoin (BTC) could be an unexpected beneficiary if the U.S. Federal Reserve is eventually forced to buy equity exchange-traded funds to defend a sliding stock market, according to analysts weighing an increasingly discussed scenario. The argument rests on the sheer size of the U.S. equity market — now roughly $75 trillion — which many view as too large and too systemically important to be left in a prolonged bear market. Should the central bank step in with fresh liquidity, risk assets and altcoins have historically absorbed the overflow. Our reading is that any such intervention would echo the 2021 easing cycle that lifted crypto broadly and reset risk appetite across the board. The backdrop is a stock market that has expanded at a pace few expected. U.S. equities have grown about 68% over the past five years and added roughly $6 trillion in value this year alo
The post A New York Crypto Legal Director Role Is Advertising $1 Million to $5 Million a Year – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Pump.fun posted a New York legal role paying $1 million to $5 million a year. Solana memecoin volume tops $300 million daily as bitcoin sits 50% below October. Pump.fun faces a 2025 New York class action as the Clarity Act points to tighter rules. Pump.fun is shopping for a top lawyer in New York, and it is dangling a payday that would make most Big Tech compensation packages look modest: $1 million to $5 million a year. The timing is awkward for anyone pitching crypto stability, with Bitcoin down about 50% since 10/01 and regulators tightening screws from Europe’s MiCA to Washington’s evolving Clarity Act. Pump.fun’s meteoric growth on Solana has brought big volume and even bigger scrutiny, including a New York class action that accuses the platform of operating a Ponzi scheme. For a company trying to become a global brand, the
A fast-growing Solana-based crypto platform is advertising a New York director of legal affairs role paying $1 million to $5 million a year, even as the market remains weak and Bitcoin is down about 50% since October. The company launched in 2024, says it processes more than $300 million in daily transactions, and is facing […]
Institutional caution signals a broader reevaluation of crypto risk, potentially impacting Bitcoin's market stability and future investment flows.
The post BlackRock clients sell $59M worth of Bitcoin as institutional investors pump the brakes appeared first on Crypto Briefing.
Warsh's testimony could redefine the Fed's approach to digital assets, influencing future monetary policy and regulatory frameworks.
The post Federal Reserve Chair Kevin Warsh to testify on monetary policy July 15 appeared first on Crypto Briefing.
The post Gold ETFs Lose $8.9 Billion in June as Global Outflows Accelerate appeared on BitcoinEthereumNews.com.
Investors pulled $8.9 billion from gold exchange-traded funds (ETFs) in June, with North American products accounting for $5.5 billion of the withdrawals as bullion’s price slide deepened. The monthly retreat came as gold recorded its fourth straight losing month. The metal fell 11.7% as a hawkish Federal Reserve and Middle East tensions steered investors away from the metal. Gold ETF Outflows Accelerated in June According to the World Gold Council report, total assets under management fell 13% to $526 billion in the month. In addition, holdings dropped 74 tonnes to 4,047 tonnes. The selling followed a sharp price pullback that reset investor allocations. During the month, New Fed Chair Kevin Warsh signaled a hawkish stance, and the US-Iran conflict lifted inflation fears. Together, they raised expectations of higher rates ahead. Rising real yields and a stronger dollar incre
The post BTC, ETH, XRP price news: Bitcoin, ether steady, gold falls as US-Iran strikes escalate appeared on BitcoinEthereumNews.com.
Bitcoin held above $62,000 on Thursday while the assets that are supposed to absorb a war premium moved in opposite directions. Brent crude climbed 1% to $78.80 a barrel, a third consecutive session of gains, after the U.S. military completed another round of strikes against Iran and both sides raised the prospect of closing the Strait of Hormuz. Gold extended its slide to a fourth day at around $4,060 an ounce. Government bonds in Japan, Australia and New Zealand fell, extending Wednesday’s global selloff, with two-year Treasury yields pushing toward their 2026 high. Bitcoin traded at $62,009, down 1.2% over 24 hours and up 1.6% on the week. Ether was at $1,730, also off 1.2% on the day but up 5.7% over seven sessions. Solana was the laggard at $77.25, shedding 1.8% and 1.7% on the week. XRP slipped 0.7% to $1.09, TRON added 4% over seven days, and hype
The post Swiss Franc gains as Fed policy uncertainty drags down US Dollar appeared on BitcoinEthereumNews.com.
USD/CHF remains subdued for the second successive day, trading around 0.8070 during the Asian hours on Thursday. The pair faces challenges as the US Dollar (USD) struggles following the release of Wednesday’s Federal Reserve (Fed) Meeting Minutes. During Kevin Warsh’s debut meeting as FOMC Chairman on June 16-17, policymakers were split: while many participants noted the benchmark rate would likely finish the year unchanged or slightly below its current 3.6% level, an equally vocal contingent argued that rates would need to move higher by year-end. This geopolitical friction has reinforced expectations that the Fed may lock in higher interest rates for longer to combat stubborn price pressures. According to the CME FedWatch tool, swap traders have raised the probability of a rate hike at the next Fed meeting to over 30%, a sharp jump from less than 20% just last week. However,
