U.S. Treasury Secretary Scott Bessent has proposed a 50-basis-point interest rate reduction by September 2025, targeting a cumulative cut of 150 basis points to stimulate economic activity amid growth concerns. Economists note such monetary easing typically incentivizes investment in higher-risk… Read More »U.S. Treasury Secretary Proposes Rate Cuts, Signals Potential Boost for Crypto Markets
BlackRock has confirmed it has no immediate plans to pursue exchange-traded funds (ETFs) for XRP or Solana, choosing instead to focus its cryptocurrency product development on Bitcoin and Ethereum. The announcement impacts altcoin market sentiment by removing near-term catalysts for… Read More »BlackRock Denies Immediate XRP, Solana ETF Plans, Prioritizes Bitcoin and Ethereum
The Federal Reserve has maintained benchmark interest rates between 4.25% and 4.5% amid persistent economic headwinds, diminishing expectations for near-term monetary easing that could impede the ongoing cryptocurrency market rally. Chair Jerome Powell emphasized continued uncertainty in the economic outlook,… Read More »Fed Rate Hold Dampens September Cut Prospects, Threatens Crypto Bull Run
Federal Reserve Governors Christopher Waller and Michelle Bowman have formally dissented in favor of an interest rate cut during a recent Federal Open Market Committee meeting. Their contrary position signals internal divergence within the central bank amid ongoing economic assessments.… Read More »Federal Reserve Governors Waller, Bowman Advocate for Rate Cut in Policy Dissent
The Federal Reserve announced it will keep benchmark interest rates unchanged at the current 4.25%-4.50% range. This decision comes as financial markets, including cryptocurrencies, monitor potential macroeconomic impacts of sustained higher borrowing costs. Readers seeking further cryptocurrency news updates are… Read More »Federal Reserve Maintains Interest Rates Amid Crypto Market Watch
Michael Saylor’s recent Bitcoin tracker update has triggered market speculation about a potential new BTC acquisition by MicroStrategy. Historical patterns show the executive’s posts monitoring Bitcoin holdings frequently precede official purchase announcements, typically within a 48-hour timeframe. MicroStrategy currently holds… Read More »Saylor’s Bitcoin Tracker Post Sparks MicroStrategy Purchase Speculation
Former President Donald Trump is scheduled to endorse a significant agreement during an event at the White House this afternoon at 2:30 p.m. Eastern Time. This development holds particular relevance for cryptocurrency investors given Trump’s recognized influence on economic policy… Read More »Trump to Endorse Key Agreement at White House with Potential Crypto Market Implications
Former Federal Reserve Board member Walsh has publicly endorsed former President Donald Trump’s demand for the Federal Reserve to reduce interest rates. This development holds significance for cryptocurrency markets, where interest rate policies are closely monitored due to their substantial… Read More »Former Fed Official Walsh Backs Trump’s Call for Interest Rate Cuts
Former US President Donald Trump has reiterated his assessment of the BRICS economic alliance (Brazil, Russia, India, China, South Africa) as a potential threat to US financial dominance. Trump emphasized the perceived threat level, characterizing it as currently representing a… Read More »Trump Reiterates Potential Near-Term Threat Posed by BRICS Alliance
Former US President Donald Trump announced plans to introduce major tax and expenditure legislation titled the ‘Beautiful Big Act’ around the July 4th period. This comprehensive bill could influence cryptocurrency market dynamics amid increased focus on digital asset regulation. While… Read More »Trump’s ‘Beautiful Big Act’ Tax Legislation Could Impact Crypto Market Dynamics
Federal Reserve Chairman Jerome Powell is set to address Congress twice this week, defending the central bank’s decision to maintain the current benchmark interest rate range of 4.25% to 4.5%. The Fed has signaled its intention to hold rates steady… Read More »Fed Chair Powell to Defend Steady Interest Rates Amid Presidential Pressure
Former US President Donald Trump issued a public statement urging restraint on oil prices, declaring ‘EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING’. While the specific context and intended audience remain unclear, the remark has drawn attention within financial circles. Historically,… Read More »Trump Oil Price Warning Sparks Speculation on Potential Crypto Market Impact
The Trump Organization is set to make a significant announcement at Trump Tower, coinciding with the 10th anniversary of Donald Trump’s presidential campaign launch. Led by Donald Trump Jr. and Eric Trump, the event is anticipated to reveal new developments… Read More »Trump Organization Teases Digital Asset Announcement at Trump Tower Event
The United States government has announced the implementation of a significant 55% tariff on imports from China. This new tariff structure combines a fresh 30% levy with pre-existing tariffs of 25%, according to a statement from a U.S. official. The… Read More »US Imposes 55% Tariff on Chinese Goods, Crypto Markets Brace for Impact
The U.S. Consumer Price Index (CPI) rose by 0.1% in May, falling short of market expectations. This softer inflation data suggests easing price pressures in the economy, potentially influencing Federal Reserve monetary policy decisions. Such economic indicators carry significant weight… Read More »Softer U.S. Inflation Reading Sparks Crypto Market Optimism