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BlockBeats News, April 21. The U.S. Senate Banking Committee will hold a confirmation hearing for Federal Reserve Chair nominee Kevin Warsh on Tuesday morning at 10 a.m. Eastern Time (10:00 p.m. 东八区 on Tuesday). According to the opening statement obtained in advance by Politico, Warsh stated that interest rate decisions must be strictly independent of political considerations, monetary policy should not be a tool for short-term political goals, and emphasized that the Fed's credibility comes from institutional constraints and policy discipline. Warsh emphasized that price stability is the Fed's hallmark and pledged to take full responsibility for it, stating, "No excuses, no evasion." Regarding the continuous expansion of the Fed's functional boundaries in the post-crisis era, Warsh also issued a warning, advocating that its tentacles should not extend to fiscal or social policy areas where it lacks statutory authority. (Jinse Finance)

According to The Block, Grayscale has submitted a revised Hyperliquid ETF application to the U.S. Securities and Exchange Commission (SEC), changing the custodian from a certain exchange to Anchorage Digital Bank, while BNY Mellon remains the transfer agent. Founded in 2017, Anchorage is the first federally chartered crypto bank in the U.S. and has previously been designated by Grayscale as the secondary custodian for its Bitcoin and Ethereum trusts.

According to Odaily, crypto fund C1 Fund has announced a partial exit from its investment in Ripple, achieving a return of approximately 150% in less than four months. The fund has not disclosed the profit amount. C1 Fund’s portfolio also includes an exchange as well as companies such as Consensys and Chainalysis. The fund stated it will continue to invest in high-quality crypto companies in the future. (Businesswire)