[Trump Launches Final Round of Fed Chair Interviews This Week, Hassett a Leading Candidate] U.S. President Trump has launched the final round of interviews for Federal Reserve Chair candidates this week, with White House National Economic Council Director Hassett competing against three other candidates. Trump and U.S. Treasury Secretary Besent are scheduled to interview former Fed Governor Kevin Warsh on Wednesday. Hassett is currently the frontrunner to replace Powell next May. Besent has submitted a shortlist of four candidates, including Hassett, Warsh, and two others selected from Waller, Bowman, and Riedl.

[Michael Saylor Says the Middle East Could Become the Switzerland of the 21st Century if It Embraces Bitcoin] Michael Saylor stated at the Bitcoin MENA conference that if the Middle East embraces Bitcoin-backed banking, credit, and digital currencies, it has the potential to become the 'Switzerland of the 21st century.' He claimed this move could unlock opportunities worth up to $200 trillion and suggested that sovereign wealth funds invest in Bitcoin, banks provide Bitcoin custody and issue collateralized credit, and launch BTC-backed digital currency products. Saylor also noted that mainstream regulators and the banking system in the United States are gradually accepting Bitcoin as 'digital gold.'

Binance BNB/USDT is currently trading at $900.24, with a drop of 0.26% in 5 minutes. Please pay attention to market fluctuations.

The fund would hold bitcoin only overnight, betting on data showing bitcon gains mostly occur outside regular market hours.

BlackRock's filing for a staking ether ETF earlier this week has contributed to ETH's relative strength to bitcoin, one market strategist noted.