Derived from BitPush, the article highlights several key developments in the crypto and financial sectors. First, sources suggest that U.S. President Trump may appoint a new Federal Reserve Chair in the first week of January 2026. Second, Coinbase announced plans to acquire prediction market startup The Clearing Company, which recently raised $15 million in seed funding, with Coinbase Ventures among the investors. Additional updates include spot gold hitting a record high of $4,450 per ounce, fintech firm Erebor securing $350 million in valuation after raising $350 million, and Tether CEO Paolo Ardoino hinting at the upcoming launch of USAT, a U.S.-focused stablecoin.
Trump May Appoint New Fed Chair in Early 2026; Coinbase to Acquire Prediction Market Firm
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Summary
Trump’s potential early 2026 Fed Chair appointment sparks price prediction chatter. Coinbase moves to acquire The Clearing Company, a prediction market firm that raised $15 million, with Coinbase Ventures involved. Gold hits $4,450 per ounce, a record high. Erebor hits $350 million valuation after securing $350 million in funding. Tether’s Paolo Ardoino teases a new U.S.-focused stablecoin, USAT. Market watchers eye how these moves could affect market cap shifts in crypto and traditional assets.
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