Fed Hawkish Turn Pressures Crypto as Bitcoin Tests Support

In today's episode, we explore how Fed Chair Kevin Warsh's hawkish debut meeting sent shockwaves through crypto markets, with Bitcoin holding near sixty-four thousand dollars as rate hike expectations climb. We examine bipartisan pushback against Sam Bankman-Fried's pardon petition, Coinbase's ambitious expansion into stocks and derivatives, and the growing institutional adoption of prediction markets. Plus, institutional developments from Japan's megabanks launching a yen stablecoin, Moody's bringing credit ratings to Solana, and Kentucky's challenge to prediction market platforms that could reshape state versus federal regulatory authority.