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Live markets: Bitcoin continues holding pattern near $77,000 as Kevin Warsh takes over at Fed
Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon.
Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
NEAR Jumps 30% as $36M Bitwise ETP Adds Weight to AI Token Thesis
The NEAR token jumped 30% to an intraday high of $2.25, marking a 70% increase since the start of May and briefly pushing its market capitalization past $2.9 billion. NEAR Token Surges Past $2 NEAR, the token of the artificial intelligence-native protocol Near, surged on Friday as it crossed the $2 threshold for the first […]Space X IPO: 'Bad news' for tech stocks but what about Bitcoin?

SpaceX’s IPO could turn the Mag 7 into a Mag 8, with Tesla and SpaceX comprising 25% of the group's Bitcoin balance-sheet exposure.
DeFi hacks shake institutional confidence as risks outpace yields

Repeated bridge exploits and shrinking yields are making institutions question whether DeFi’s risks still justify the returns, says Symbiotic’s Putiatin.
THORChain exploit tied to malicious node and GG20 flaw

The $10.7 million THORChain exploit was caused by a GG20 vulnerability, which allowed a malicious node to reconstruct a full private key to one of its vaults.
IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips
Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software.
CoinDesk 20 performance update: NEAR surges 19.4% as index trades flat
Internet Computer (ICP), up 4.3% from Thursday, joined NEAR Protocol (NEAR) as a top performer.
Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million
DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.
Tom Lee says trillions in tech IPO supply won't crash the S&P 500
Fundstrat’s Tom Lee argues that trillions in new IPO supply from SpaceX, Anthropic, and OpenAI could ultimately be absorbed by underallocated investors.