The U.S. Senate confirmed Kevin Warsh as a Federal Reserve governor on May 12 in a 51-45 vote. The source, citing CoinDesk, said the decision clears a path for Warsh to become Fed chair before Jerome Powell’s term ends. Warsh has described Bitcoin as “the new gold for people under 40” and was also presented as having ties to more than 20 crypto-linked firms.
Policy expectations drove the article’s framing
The piece argued that a Fed leadership shift toward someone more open to digital assets, together with the CLARITY Act heading to a May 14 vote, could bring sidelined capital back into the crypto market. At the same time, Bitcoin was said to be holding above $80,500, while the total crypto market capitalization stood near $2.7 trillion.
ADA and LINK were highlighted as key large-cap names
Among the major tokens mentioned, Cardano and Chainlink were given specific price levels. According to CoinMarketCap data cited in the source, ADA traded around $0.27, down 1.56% on the day and still 91% below its $3.10 all-time high from September 2021. The article said a possible Grayscale Cardano ETF before October 2026 could support a recovery, though ADA had failed to hold above $0.30 for more than a month, with support near $0.25.
LINK traded near $10.30, down 2.82% on May 12. The source said Solv Protocol moved $700 million in tokenized BTC from LayerZero to Chainlink CCIP, while JPMorgan and UBS continued live settlement tests using Chainlink infrastructure. Even with that adoption narrative, LINK remained 81% below its $52.99 all-time high from May 2021, and $11.50 had acted as resistance since February.
The third pick carried strong promotional language
The source also listed Pepeto among the “top 3 cryptos to buy now” and devoted a large portion of the article to its presale, cross-chain bridge, zero-fee swap tool, 173% APY staking, and fundraising figure of more than $10 million. That section was clearly promotional in tone and included expectations tied to a Binance listing. On the factual level, the article’s main verifiable point is that Pepeto was placed alongside ADA and LINK in the same ranking.