RunningFinance

Warsh Seeks “Systemic Reform” at the Federal Reserve: Reduce Public Communication, Abandon Dot Plot, Introduce New Policy Models
April 30 News: On the day when Powell may be meeting for the last time as Federal Reserve Chair, Kevin Warsh—nominated as the new Chair—proposed that the Fed needs to implement a “regime change,” with the core being to change the policy-making framework and the way the industry is communicated with.
Warsh said the Fed’s interest rate decisions place too much emphasis on transparency. Officials also often comment on economic outlooks and the direction of interest rate

BTC and ETH Spot ETFs See Nearly $226 Million Outflow on Wednesday
On April 30, according to the latest data from SoSovalue, the US BTC spot ETF recorded a total net outflow of nearly $138 million for the third consecutive day;
Among them, BlackRock's IBIT had the largest net outflow yesterday at $54.73 million (7,253.5 BTC), with a total net inflow of $23.39 million so far;
Next are Fidelity's FBTC and Ark & 21Shares' ARKB, which recorded daily net outflows of $36.13 million (478.88 BTC) and $30.04 million (398.15 BTC), respectively;
Meanwhile, Grayscale's GBTC and Franklin EZBC experienced d

Powell Won’t Step Down! Continues as a Director After Resigning as Chair, Trump Mocks Him in a Post
Local time on April 29, Federal Reserve Chair Jerome Powell announced after the policy meeting that he will continue to remain in his role as a director after stepping down as chair. The decision breaks with the decades-old convention that successive chairs leave at the same time when handing over power.
Powell said this arrangement is unrelated to the verbal criticism from government officials. Instead, it is because the Justice Department’s criminal investigation into the Federal Reserve build

Peter Schiff: BTC has fallen 30% since his sell recommendation last year, proving his point correct
Recently, economist Peter Schiff once again questioned Bitcoin. He stated that since recommending people sell Bitcoin at the Bitcoin conference last year, the price has dropped about 30%, confirming that his stance was correct.
At the 2025 Bitcoin conference, Peter Schiff called on attendees to sell their Bitcoin. At that time, the price was about $110k, and the market was wildly enthusiastic about the "Bitcoin Treasury Company" concept. A year later, Bitcoin has fallen to about $77k, a decline

The U.S. Federal Reserve kept interest rates unchanged for the third consecutive time this year, and the Senate Banking Committee approved the nomination of the new chair.
Local time on April 29, the U.S. Federal Reserve announced that it would keep the target range for the federal funds rate unchanged at 3.5% to 3.75%. This marked the third consecutive decision by the Fed to hold rates steady since 2026, in line with broad market expectations.
In its statement, the Fed said that recent economic indicators show that economic activity is steadily expanding, that new job creation remains general

Elon Musk Sues OpenAI: Accuses It of “Stealing Creativity” and Demands Restoration of Its Nonprofit Status
On April 28, local time, the Elon Musk vs. OpenAI case entered the witness testimony stage, with Musk and OpenAI CEO Sam Altman both appearing in court. The case centers on the legality of OpenAI’s transition from a nonprofit to a for-profit company, drawing intense attention from the global tech community and the public.
As early as the end of 2015, Musk and Altman jointly founded the nonprofit, open-source OpenAI with the goal of “making general artificial intelligence benefit humanity,

Analyst Warning: Trump Meme Coin Is the Main Obstacle to the CLARITY Act
Recently, crypto analyst Simon Dedic posted on the X platform that Democrats are opposing the review process of the CLARITY Act using Trump meme coins as an excuse.
The post pointed out that Democrats are citing Trump hosting lavish dinners to promote his meme coin, and retail investors losing a lot of money buying this coin, as reasons to add a "moral clause" to the bill (restricting officials from profiting from cryptocurrencies).
Dedic openly states that this so-called "pro-cryptocurrency president" is actively undermi

BTC and ETH Spot ETFs See Nearly $112 Million Total Outflow on Tuesday
April 29 News, according to the latest data from SoSovalue, the US BTC spot ETF recorded a total net outflow of $8,968 yesterday, marking the second consecutive day of net fund outflows this week;
Among them, BlackRock's IBIT had the largest net outflow of $112 million (approximately 1,470 BTC), with IBIT's total net inflow reaching $78.12 million so far;
Next are Bitwise BITB and Fidelity FBTC, which recorded single-day net outflows of $13.65 million (179.20 BTC) and $4.98 million (65.31 BTC), respectively;
Meanwhile, Ark

Polymarket Faces Data Leak Controversy, Platform Responds Calmly
April 29 News, according to Dark Web Informer’s disclosure on X platform, the prediction market Polymarket is suspected of being hacked, with over 300k records and a vulnerability exploitation toolkit leaked to cybercrime forums.
The post claims that on April 27, attackers exploited undocumented API endpoints, pagination bypasses, and CORS misconfigurations, successfully obtaining user data.
The leaked data includes approximately 10k users’ personal identification information, 41k comments, 485k market metadata entries, 250k acti

Bloomberg Analyst: Predicted Market ETF Effective Date Expected to Be Delayed Until Next Tuesday Launch
According to a post by Bloomberg ETF analyst James Seyffart, a document filed with the SEC shows that the predicted market fund issuer plans to delay the effective dates of six ETF products linked to political election outcomes to May 5, 2026.
These funds are: RPM Democratic Presidential ETF, RPM Republican Presidential ETF, RPM Democratic Senate ETF, RPM Republican Senate ETF, RPM Democratic House ETF, and RPM Republican House ETF.
Notably, these six ETFs will each focus on wagering on the

Strategy purchases an additional 3,273 Bitcoins, bringing the company's total holdings back above the profit level
As Bitcoin prices recently rebounded, Bitcoin treasury company Strategy has become active in the market again. Last week, it decisively increased its Bitcoin holdings once more, restoring its position to a profitable state.
Michael Saylor announced on X platform on Monday that Strategy had acquired 3,273 more Bitcoins, further expanding its reserves. The average purchase price was $77,906, with a total expenditure of approximately $255 million.
According to documents Strategy file

Analyst: Bitcoin's bottoming conditions are not yet mature, and the short-term probability of breaking through $79k is only 30%
According to the latest post by crypto analyst Willy Woo on the X platform, Bitcoin's next key test is whether it can effectively break through its recent investor cost basis, which is around $79k.
Woo estimates that the probability of successfully breaking through this cost basis is only about 30%, but if Bitcoin can hold above $65,000 without falling below, the probability of forming a structural bottom will significantly increase.
He also stated that Bitcoin is cur

BTC and ETH spot ETFs saw net outflows on Monday, with a cumulative outflow totaling $314 million.
April 28, according to the latest data from SoSovalue, the US BTC spot ETF recorded yesterday’s net outflow of $263 million, marking the first day of net capital outflow after nine consecutive days of net inflows.
Among them, Fidelity’s FBTC recorded the largest net outflow yesterday at $150 million (approximately 1,960 BTC), and its cumulative total net inflow to date has reached $10.88 billion.
Next were Grayscale’s GBTC and Ark & 21Shares’ ARKB, which recorded single-day net outflows of $150 m

85% Asset Threshold: SEC Seeks Public Comments on NYSE Arca Cryptocurrency Trust Proposal
On Monday, the U.S. Securities and Exchange Commission (SEC) issued a notice seeking public comments on a rule change proposal from the New York Stock Exchange Arca. The proposal introduces an 85% asset threshold aimed at tightening listing requirements for cryptocurrency and commodity trust products.
Under the proposed rule amendments, trusts must ensure that at least 85% of their net assets hold assets that meet existing eligibility standards, including qualifying commodities, securities, cash, and cash

Could Trump Take Control of the Federal Reserve? Wash Nominated to Move Forward, Powell Faces a Decision on Staying or Leaving
According to market information, after the U.S. Department of Justice concluded its investigation into Powell, Republican Senator Tillis withdrew his obstruction of the confirmation procedure for Wash, the nominee for Federal Reserve chair.
The Senate Banking Committee will hold a vote to advance Wash’s nomination at 10 p.m. Beijing time on Wednesday evening. If it is approved smoothly, it will pave the way for a full Senate confirmation vote during the week of May 11.

U.S. House Lawmaker Proposes Renaming the Bitcoin Reserve Bill, Aiming to Codify Trump’s Executive Order
On Monday, U.S. Representative Nick Begich revealed at the Bitcoin 2026 Conference in Las Vegas that he plans to reintroduce legislation to establish a U.S. strategic Bitcoin reserve in the coming weeks.
The bill was previously known as the “BITCOIN Act.” After discussions with the House Financial Services Committee, he plans to rename it the “American Reserve Modernization Act” (ARMA), aiming to win support from more lawmakers across party lines.
Begich explained that the renaming is inten

Digital asset funds have experienced four consecutive weeks of net inflows, with assets under management reaching a new high in nearly two months.
Last week, global digital asset investment funds saw an inflow of $1.2 billion, marking the fourth consecutive week of positive growth.
Currently, the total assets under management (AUM) of these investment funds have risen to approximately $155.3 billion, the highest level since February 1, but still significantly below the peak of $263 billion in October 2025.
In terms of country/region distribution, the U.S. market led with nearly $1.1 billion in

Analyst: Bitcoin may face a shakeout after a short-term surge, beware of a double-sided market in the future
According to the latest forecast from Doctor Profit, #Bitcoin may first climb to the $83k - $87k range, then experience a sharp decline, and this "brutal cleansing" will cause losses for both bulls and bears.
Doctor Profit's trading strategy shows that after establishing a long position at $71,000, he plans to take profits between $83,000 and $85,000, and increase his short positions.
Currently, he still holds a $120,000 short position; over 90% of his short orders are concentrated in t