News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Share link:In this post: Solana co-founder Anatoly Yakovenko remains positive even after the SIMD-0228’s rejection, claiming it will help the network build its self-governance system. The SIMD-0228 proposal aimed to give the network a more dynamic inflation model. Analysts expect SOL to surge to $3800.
Share link:In this post: Solana celebrates five years since its debut in 2020, having processed more than $408 billion in transactions. Raj Gokal has asked crypto enthusiasts and developers to step up and launch their own tokens. Analysts believe SOL could see a bullish momentum in the coming months, believing it could hit $300 by September.
Bitcoin’s Short-Term MVRV suggests a reversal, with BTC aiming for $91,500. But with LTH selling pressure, can it hold above $85,000?
As gold hits record highs, Bitcoin’s future remains uncertain. Could BTC follow gold’s parabolic rise, or will it struggle to keep up?
Crypto markets brace for volatility with the Fed’s interest rate decision, Sui’s gaming push, and a major FTN token unlock on the horizon.
Pi Network's new .pi domains aim to reshape Web3 identity. While some praise their potential, concerns over governance and legal issues persist.
Solana long-term holders are backing the price with $128 million in accumulation, but SOL still needs a 43% surge to break past $180. Will momentum shift?
- 12:06"Fed Mouthpiece": Federal Reserve's Independence Faces Renewed Challenges, No Rate Cut Expected This MonthAccording to a report by Jinse Finance, Treasury Secretary Bessent and several economic advisors generally advocate for maintaining the Federal Reserve’s independence. For example, in a recent Fox Business interview, Bessent declined to criticize Trump regarding the renovation of the building. However, other advisors and external allies have been exploring legal avenues to remove Powell from his position since before the election. In his testimony last month, Powell stated, “No one wants to undertake a major renovation of a historic building during their term, let alone two historic buildings that require extensive repairs.” Previously, Trump had pushed more broadly for lower interest rates to reduce government borrowing costs. The Federal Reserve is not expected to cut rates at its meeting later this month, but Powell has indicated that if inflation performs well or the labor market weakens, a rate cut may occur later this year. Trump hopes to lower the cost of servicing the federal deficit, though his tax cuts could further expand the federal deficit. Except in extreme situations such as war, central banks in developed economies tend to resist such pressure. They believe that maintaining stable inflation is crucial for sustaining confidence in their national currency.
- 12:01A Major Whale Shorts BTC and ETH Again with Total Position Value Exceeding $300 MillionAccording to Jinse Finance, analyst Yujin reported that the "insider" @qwatio had previously shorted BTC and ETH with $16.28 million over the past two weeks, but was fully liquidated yesterday, incurring a loss of $16.27 million. Subsequently, he redeemed 10 million USDC from Maker and transferred it to Hyperliquid, opening new short positions worth $232 million, including a 40x leveraged short on 1,273 BTC and a 25x leveraged short on 27,700 ETH.
- 11:22White House Digital Asset Policy Advisor: "Crypto Week" Will Cement the United States' Role as the Global Cryptocurrency CapitalAccording to ChainCatcher, White House digital asset policy advisor Bo Hine posted on X, stating that an important week is approaching. From July 14 to July 20, the House of Representatives will hold "Crypto Week." The GENIUS Act will be sent to President Trump's desk, the CLARITY Act will be sent to the Senate, and "Crypto Week" will further solidify the United States' role as the global capital of cryptocurrency.