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Tag: Breaking

US House passes $1.2 trillion funding bill to end partial government shutdown

The U.S. House of Representatives voted 217-214 to pass a $1.2 trillion funding package, ending a partial government shutdown that began on Feb. 1. The legislation restores funding to major federal agencies, including the SEC and CFTC, through Sept. 30, though the Department of Homeland Security (DHS) only received a short-term extension. The shutdown had temporarily halted regulatory progress on crypto frameworks, stablecoin rules, and...

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Lido Finance launches ‘stVaults’ on mainnet, shifting to modular staking infrastructure

Lido Finance has officially launched stVaults on the Ethereum mainnet, marking a strategic shift from a monolithic product to modular staking infrastructure. The new framework enables developers and institutions to create bespoke staking environments with customizable node operators and fee structures. Early adopters and launch partners include Nansen, Linea, and institutional operators like Chorus One and Everstake. Following the...

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Hyperliquid moves into prediction markets with HIP-4 ‘Outcome Trading’

Hyperliquid is introducing “Outcome Trading” through the HIP-4 upgrade, which is currently active on the protocol’s testnet. The new primitive supports fully collateralized contracts for prediction markets and bounded options without the need for leverage or the risk of liquidations. Markets will be denominated in the native USDH stablecoin and utilize the HyperCore engine for high-performance settlement. Hyperliquid, the...

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Bitcoin Plunges Below $79,000 as $650 Million in Liquidations Hits Market in One Hour

Bitcoin dropped below $79,000 on Saturday, marking its lowest price level of 2026 so far. The market saw $650 million in liquidations within a single 60-minute window, primarily targeting overleveraged long positions. This latest crash follows a volatile week where macroeconomic pressures and tech sector weakness weighed on digital assets. Analysts are now closely watching the $75,000 support zone to determine if the bearish trend will...

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Trump Nominates Former Fed Governor Kevin Warsh to Succeed Jerome Powell

President Trump officially nominated Kevin Warsh on Friday to replace Jerome Powell as Chair of the Federal Reserve when his term expires in May 2026. Warsh, a former Fed governor and Morgan Stanley veteran, is historically viewed as a fiscal hawk, though he has recently aligned with Trump’s calls for lower interest rates. The nominee has a background in the digital asset space, having served as an advisor to Bitwise and an early investor in...

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