Federal Reserve Chair Jerome Powell chose to keep interest rates steady, but his remarks on escalating inflation risks from tariffs unsettled crypto markets. Traders on leverage platforms experienced a surge in liquidations as sentiment shifted to risk-averse. $200M in Leveraged Liquidations In less than 60 minutes, over $200M in leveraged crypto positions were forcibly unwound….
The US Federal Reserve (Fed) Chair Jerome Powell’s unexpectedly restrictive tone sent shockwaves through markets. Fed held a Federal Open Market Committee (FOMC) meeting on the 30th and decided to keep interest rates unchanged at 4.25-4.50%. The Fed has held interest rates steady for five consecutive meetings since January. This decision comes amid ongoing pressure…
Bolivia’s Central Bank has signed a memorandum of understanding (MOU) with El Salvador’s National Commission of Digital Assets (CNAD). The collaboration seeks to develop and regulate the use of digital assets in the country. In the face of Bolivia’s economic challenges, the BCB also called cryptocurrencies a ‘viable and reliable alternative’ to traditional fiat currencies….
A closely watched technical analyst says the outlook for altcoins will remain precarious until Bitcoin breaks through a well-defined ceiling between $120,000 and $123,000, arguing that the weekly chart still commands caution while momentum lags. Why Altcoins Are Still In The Danger Zone Kevin (@Kev_Capital_TA) framed the current setup bluntly: “This weekly BTC chart remains…
A task force established by President Donald Trump has issued a comprehensive crypto report advocating for clearer regulations governing digital asset markets. Released on Wednesday, the report calls on federal regulators to utilize their existing authority to create more definitive rules surrounding the trading of digital assets, thereby facilitating the adoption of innovative financial products….
Pudgy Penguins ($PENGU) is making a comeback after a sharp decline, showing several signs that the meme coin trend might be shifting. As $PENGU gains momentum, new players in the crypto market, like Maxi Doge ($MAXI), are showing interest. The standout? A fresh TD “9” buy signal right at a key demand zone – a…
The US Dollar Index (DXY) surged to 99.98 points on Wednesday, marking its highest level in two months. This came after the US Federal Reserve decided to maintain the key benchmark interest rates within the 4.25%–4.50% range. Notably, the rise coincided with a drop in Bitcoin’s (BTC) price, reaffirming the inverse correlation between DXY and BTC…
Once a little-known player in 2023, Hyperliquid is now reshaping the DeFi industry in 2025, outpacing Robinhood in trading volume and challenging the dominance of centralized exchanges. With an aggressive growth strategy and unique approach to liquidity, this decentralized exchange (DEX) is no longer flying under the radar. Centralized Exchanges Beware: Hyperliquid Is Catching Up…
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the addition of Rhea Finance (RHEA) in the Innovation Zone for spot trading. Rhea Finance is a decentralized liquidity hub on NEAR born from the merger of Ref Finance and Burrow Finance. Trading for the RHEA/USDT pair started on 30 July 2025, 14:00 (UTC), with…
Cryptocurrency exchange Kraken and trading platform Robinhood released their second-quarter financial results for 2025, highlighting their performances. Kraken reported steady year-over-year (YoY) growth but a quarterly decline. Furthermore, Robinhood displayed a similar trend of weaker performance compared to Q1 2025. Kraken’s Q2 Performance: Earnings Dip Amid Market Turbulence Kraken, a leading cryptocurrency exchange, released its…