A pro-crypto nominee Michael Selig has been pushed forward by the Senate Agriculture Committee to be the next Chair of the Commodity Futures Trading Commission (CFTC). The vote was close, 12‑11. CFTC Leadership Gap Sparks Urgent Senate Action According to the Congress reporter Brendan Pedersen, the decision was strictly supported by the GOP as no

The post Senate Committee Advances Pro-Crypto Michael Selig’s Nomination For CFTC Chair appeared first on CoinGape.

Bitcoin could see a much-needed rebound as Barclays Research says Fed Chair Jerome Powell may still lean towards another 25 bps cut while other Fed officials remain divided. Meanwhile, Treasury Secretary Scott Bessent claims there is no recession risk for the US economy or rise in inflation. Jerome Powell May Push for Another Fed Rate

The post Bitcoin Bounces as Jerome Powell Could Push for Another Fed Rate Cut: Barclays Research appeared first on CoinGape.