U.S. President Donald Trump told reporters on Wednesday that his administration is not planning on firing Federal Reserve Chairman Jerome Powell, despite rumors claiming otherwise. Trump Softens Stance on Powell, Bitcoin Climbs Bitcoin ( BTC) reclaimed $119K on Wednesday after U.S. President Donald Trump shut down rumors that his was on the verge of firing […] Original
Key takeaways: Bitcoin market structure and multi-faceted adoption still support a longer-term rally to $150,000. Regulatory tailwinds, along with the Trump administration’s expansionary economic mandate, support a BTC price rally to $150,000 and higher. Bitcoin (BTC) is making a run back toward the $120,000 level, but most traders want to know what it will take to spark a rally to $130,000 and $150,000. From a technical point of view, the Sunday night rally above $120,000 was the result of a futures-market-driven short squeeze that resulted in more than $1 billion…
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NEW YORK — Hack and scam victims who reached out to Tornado Cash requesting assistance retrieving their stolen funds received little in the way of help from the privacy tool’s developers, three government witnesses told the jury during day two of Roman Storm’s criminal money laundering trial. One victim, a Taiwan-born Georgia woman who said she lost nearly $250,000 to a wrong-number pig butchering scam — with a portion of the proceeds laundered through Tornado Cash — said her request for help went unanswered. Another witness, a lawyer for crypto exchange BitMart, which…
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The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months. This interesting move came after reports broke of the US Securities and Exchange Commission’s approval of the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn’t just affect price; it also had major effects on XRP’s standing in the overall crypto…
Key takeaways: XRP gained 30% in the past week, boosted by rising institutional interest and deep trading liquidity, now the third-largest crypto by market cap. Ripple’s alignment with ISO 20022, a new financial messaging standard, and its stablecoin (RLUSD) support a pivot toward real-world financial integration. Public companies are beginning to treat XRP as a treasury asset, signaling a shift from speculation to strategic allocation. Ripple’s XRP (XRP) token might be the most intriguing cryptocurrency on the market. Often dismissed for lacking clear use cases, it has quietly climbed to…
Key Notes Ethereum’s 6.2% daily gain to $3,250 has reignited retail confidence following foundation changes and Vitalik’s upgrade proposals. Large PEPE transactions dropped $83 million from peak levels, suggesting retail investors are driving the current 30% weekly rally. Technical analysis shows PEPE testing upper Bollinger Band resistance at $0.0000135 with potential breakout toward $0.000016 target. Pepe coin PEPE $0.000013 24h volatility: 6.8% Market cap: $5.45 B Vol. 24h: $5.71 B was among the top gainers on Wednesday, as investors continued to funnel funds into the Ethereum (ETH) ecosystem while Bitcoin…
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