Day: June 20, 2025

Surprise Fed statement sparks hopes of Bitcoin and altcoin rally

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Bitcoin and altcoins may be on the verge of a bullish breakout following a surprising statement from a senior Federal Reserve official. In a statement, Federal Reserve Governor Christopher Waller said the central bank could slash interest rates as early as its July meeting. He cited a slowing economy and noted that the impact of tariffs on inflation would be muted and short-lived. Waller also said he believes the Fed’s benchmark rate is currently about 1.25% to 1.50% above the estimated neutral rate. He said: “I think we’ve got room…

Uber Expands AI Push After Meta’s Scale AI Investment

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Ride-hailing giant Uber is promoting its data labeling services to potential clients following Meta’s 49% acquisition of Scale AI — a move that reportedly unsettled some companies previously partnered with Scale, including OpenAI and Google. In an interview with Fortune, Uber executive Megha Yethadka said the company is expanding its AI business by offering large-scale data sets and tools to organizations developing in-house AI models. This includes licensing Uber’s data labeling platform and related technologies to help customers build AI agents. “For Uber, our core has always been being the…

TRX Flips DOGE While TRON Races #8 Fueled by USDT Volume, IPO Momentum

Key Notes TRX market cap reached $25.9 billion, positioning it $500 million above Dogecoin’s current valuation. TRON processes over 65% of global USDT transactions with daily volumes reaching $2-3 billion on major exchanges. Technical analysis shows TRX consolidating in a descending triangle pattern with potential breakout above $0.2760. TRON’s TRX has overtaken Dogecoin to become the eighth-largest digital asset by market cap, according to CoinGecko. TRX $0.27 24h volatility: 0.2% Market cap: $25.89 B Vol. 24h: $521.70 M is trading around $0.2731 with a market cap of $25.9 billion, now…

Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

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Key takeaways: The Federal Reserve may cut rates early if global trade, the energy supply or the US relationship with the Middle East deteriorates. A weakening dollar could be followed by an acceleration in Bitcoin price.  The United States Federal Reserve (Fed) held interest rates steady at 4.25% on Wednesday, a decision that had been widely anticipated by investors. The next monetary policy meeting is scheduled for July 30, but the Fed could act earlier if a major disruption occurs. On Friday, Fed Governor Christopher Waller said that “policymakers should…

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Will ETH pump to $10k as confidence grows?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whale buys 48,825 ETH for $127m during dip, boosting investor confidence as Ethereum eyes breakout at $2,700. Ethereum is currently trading near $2,547, and investors are getting bullish. A major whale just bought 48,825 ETH, worth $127 million, at an average of $2,605. This massive buy came during a brief dip, showing strong confidence in Ethereum’s long-term future. This isn’t their first smart move. The same investor reportedly earned…

Kraken Moves Its HQ To Wyoming, Citing The Regulatory Environment

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Cryptocurrency exchange Kraken has moved its global headquarters to Cheyenne, Wyoming, more than three years after shuttering operations in San Francisco. In a Friday blog post, Kraken said it was “recognition of the pro-crypto policymakers and constructive regulations” that contributed to its move to Wyoming. The company cited Wyoming Senator Cynthia Lummis’ crypto advocacy in the US state and Congress impacting its decision to move its headquarters. “Wyoming has been at the forefront of digital asset policy for nearly a decade and has created the perfect environment for digital asset…

TON Holds The Line: Consolidation Break Could Trigger Fresh Momentum

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Toncoin (TON) has been quietly building strength, defending the $2.80–$2.95 support zone with remarkable consistency. After weeks of consolidation, the recent break above a falling trendline has caught traders’ attention, hinting at a possible shift in momentum. As TON coils just above this key structure, the stage may be set for a breakout — one that could ignite fresh upside if bullish pressure continues to build. Buyers Defend Key Levels On The Chart In a recent post on X, Alts King pointed out that TON is showing notable strength as…

Blackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation

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Although inflows into spot bitcoin exchange-traded funds (ETFs) have tapered off, Blackrock’s Ishares Bitcoin Trust ETF has nonetheless drawn more than 20,000 BTC—valued north of $2 billion at current exchange rates—in just the past two weeks. From $23 to $59 per Share: IBIT’s 151% Leap Mirrors Bitcoin’s Relentless Climb Two weeks ago, Bitcoin.com News reported […] Original