New Fed Chair Confirmed | Crypto Catch Up | May 10 – 16, 2026
The global financial landscape reached a historic crossroads this week with the confirmation of a new Fed Chair, while the crypto industry navigates a “marketing winter.”
The global financial landscape reached a historic crossroads this week with the confirmation of a new Fed Chair, while the crypto industry navigates a “marketing winter.”
President Trump’s aggressive tariffs rocked global markets—triggering sell-offs in crypto, surges in U.S. Treasury yields, and debates over Bitcoin’s long-term value. Here’s how $BTC is behaving amid economic turbulence.
The cryptocurrency market faced a wave of liquidations totaling $682.08M over the past 24 hours, affecting 241,068 traders worldwide. Bitcoin led the losses, dropping nearly 5% to $101K, while altcoins like XRP, Cardano (ADA), and Litecoin (LTC) plunged around 10%. The largest single liquidation—an ETH position worth $4.07M—occurred on Binance. What’s happening: This sell-off and…
Bitcoin nears the $30,000 milestone as it reaches its highest value since June, with Ether and crypto stocks also witnessing gains.
The crypto market reacted positively to news coming from the U.S. Federal Reserve. BTC and ETH are up but MATIC gained the most at 13.89%
With this, the U.S. regulators promised to take a careful and cautious approach to crypto activities and exposure at banking organizations.
Plus Nvidia expected significant revenue from its Ethereum mining hardware.