Trump Heads to China With CEOs, Gold's BTC Rotation, Memes Heating Up

Crypto majors are slightly green after a CPI beat and Trump’s China trip looming; BTC +0.2% at $80.8k; ETH +1% at $2,308; SOL even at $95; HYPE -3% at $39.50. INJ (+23%), TIA (+11%) and STX (+9%) led top movers. Oil -1% at $98; Gold +0.3% at $4,702. Stock futures are green with the Nasdaq up 0.7% as Nvidia leads chip stocks higher. Trump is taking over a dozen CEOs to China with him as he prepares to meet with Xi, including Elon Musk, Jensen Huang, Larry Fink, Tim Cook and others. Kevin Warsh was confirmed to the Fed Board of Governors Tuesday in a 51-45 Senate vote, with Pennsylvania Democrat John Fetterman the sole crossover vote. The Senate Banking Committee received over 100 amendments to the Clarity Act ahead of tomorrow’s markup. Wintermute called the latest Bitcoin rally a short squeeze rather than a breakout, pointing to open interest and spot volumes as its indicators. Square crossed 1 million Bitcoin-enabled merchants Tuesday, six weeks after auto-enabling Lightning Network BTC payments for eligible US sellers on March 30; merchants receive USD by default with BTC converted instantly at checkout. DTCC selected Chainlink to power its Collateral AppChain Tuesday, integrating Chainlink’s Runtime Environment and data standard to enable 24/7 near-real-time automated collateral management. Franklin Templeton and Kraken parent Payward announced a strategic partnership Tuesday to bring tokenized equities, actively managed onchain funds, and BENJI money market fund integration onto Kraken’s platform.  Powered by https://myriad.markets/markets