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Perhaps when the bubble bursts and the market undergoes a round of consolidation, the real bottom-fishing opportunity will quietly arrive.
Federal Reserve Chairman Jerome Powell reaffirmed his cautious stance on rate cuts while supporting stablecoin regulations and opposing anti-crypto debanking. His testimony signals a balanced approach to monetary policy and crypto oversight.
Shiba Inu remains in a consolidation phase, with RSI and BBTrend showing mixed signals. A potential golden cross could drive a breakout, but key resistance and support levels will determine SHIB’s direction.
AI16Z, B3, and PinLink are among the top altcoins driving today's market rebound, but their future performance depends on continued investor interest and volume trends.
The fourth quarter saw deal values jump 13.6% but total number of deals declined
- 06:01Grayscale’s Global Head of ETFs David LaValle Resigns, Previously Led Key Efforts in Converting GBTC to an ETFForesight News reports, citing Unchained, that David LaValle, Global Head of ETFs at crypto asset management firm Grayscale, will step down at the end of July, just weeks after the company secretly filed for an IPO on July 14. LaValle joined in 2021 and played a key behind-the-scenes role in the conversion of GBTC to an ETF.
- 06:01Bitget Wallet Launches $50,000 KOKOK Trading Campaign to Support the Growth of the Solana Meme EcosystemForesight News reports that Bitget Wallet has announced on X the launch of a KOKOK trading event with a total prize pool of $50,000, running from July 22 to July 29. Rewards will be distributed based on users’ total KOKOK trading volume—the higher the trading volume, the greater the rewards. The top 10 traders will share an exclusive prize pool. In addition, participants will also be eligible for the weekly FOMO Thursdays staking event lottery. KOKOK is one of the fastest-growing meme coins in the Solana ecosystem. According to on-chain data, the total market capitalization of Solana meme coins has surpassed $14 billion, with daily protocol fees on platforms like Bonk.fun exceeding $1 million.
- 05:58Goldman Sachs: Trump Administration Expected to Raise Base Tariff Rate to 15%Odaily Planet Daily reports that David Mericle, Chief US Economist at Goldman Sachs, expects the baseline “reciprocal” US tariff rate to rise from 10% to 15%, with tariffs on copper and critical minerals reaching as high as 50%—a move that could intensify inflationary pressures and dampen economic growth. To reflect the new tariff assumptions and incorporate “initial observations” of the impact of import tariffs, Goldman Sachs has simultaneously adjusted its forecasts for US inflation and GDP growth. The bank has revised its 2025 core inflation forecast down from 3.4% to 3.3%, raised its 2026 forecast from 2.6% to 2.7%, and increased its 2027 forecast from 2.0% to 2.4%. Mericle stated that tariffs are expected to cumulatively push up core prices by 1.7% over the next 2-3 years. He added that tariffs will reduce GDP growth by 1 percentage point this year, by 0.4 percentage points in 2026, and by 0.3 percentage points in 2027. Accordingly, Goldman Sachs has lowered its 2025 GDP growth forecast to 1%. (Jin10)