Donald Trump is reportedly considering appointing a new Federal Reserve Chair in early 2026, stirring discussions in financial circles about potential impacts on economic policy. Meanwhile, Coinbase is set to acquire The Clearing Company, a prediction market firm that recently raised $15 million, with backing from Coinbase Ventures. In other market news, gold has reached a record high of $4,450 per ounce. Erebor has achieved a $350 million valuation following a successful funding round. Additionally, Tether's Paolo Ardoino has hinted at the launch of a new U.S.-focused stablecoin, USAT, as market participants closely monitor these developments for potential shifts in both crypto and traditional asset markets.