JUST IN: Kevin Warsh approved by the Senate Banking Committee and set to become the first pro-Bitcoin Fed Chair.

I've been thinking about this a lot lately - if you're looking for the best crypto coin to buy and hold for a decade or longer, the choice between Bitcoin and Cardano is actually pretty revealing about how different these projects really are. Bitcoin isn't trying to be everything. It doesn't do smart contracts, it's not fast, and fees aren't cheap. What it does is one thing really well: it's a scarce digital asset with a fixed supply that just keeps getting harder to obtain. That simplicity is actually its strength. The infrastructure around it is insane now - Bitcoin ETFs alone hold like $84 billion, which is roughly 6% of all Bitcoin that will ever exist. That's mainstream adoption in action. Traditional finance can get as much exposure as it wants, and that's not changing anytime soon. Cardano is the complete opposite story. The team there is constantly building, constantly upgrading. They've got this research-heavy culture and an active developer community that's genuinely talented. In theory, it should be crushing it. But here's the thing - features don't matter if nobody actually uses them. Cardano's DeFi ecosystem peaked at $720 million in total value locked back in December 2024. Now it's sitting at around $130 million. Capital just keeps flowing out. On a single day recently, the chain only captured $456 in fees. That's... not great. You can have the best developers in the world, but if the network isn't attracting real users and capital, what's the point? So if you're trying to figure out the best crypto coin to buy for the next 10 years, Bitcoin has the advantage right now. It's proven itself as a store of value, the infrastructure is locked in, and it doesn't need to do anything dramatic to remain relevant. Cardano would need some serious changes to make that case, and I'm not seeing evidence of that shift happening yet. The best crypto coin to buy ultimately depends on your thesis, but for long-term holding? Bitcoin's the safer bet. Cardano has potential, but it's got work to do.

Analysis: Waller moves one step closer to succeeding as Federal Reserve Chair, potentially receiving full Senate confirmation before Powell's term ends Kevin Waller, the next Federal Reserve Chair nominee put forward by U.S. President Donald Trump, won support in the Senate Banking Committee with a 13–11 vote, paving the way for him to secure full Senate confirmation before Powell’s term ends on May 15. The nomination will then be put to a full vote in the Senate. Waller’s nomination had previously been blocked by Republican Senator Tom Tillis until the Department of Justice agreed last week to temporarily drop its criminal investigation into cost overruns for the Federal Reserve’s Washington headquarters renovation project. This vote makes it possible for the Federal Reserve, led by Waller, to deliver what could become the largest reshuffling of the U.S. central bank in years. In seeking Trump’s nomination, Waller had floated the prospect of “regime change,” pledging to reduce the Fed’s $6.7 trillion balance sheet, establish a new inflation-management framework, and change how the central bank communicates with the public. However, he provided few details on how to achieve these goals. $BTC $ETH $DOGE