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Fed Official Says Staff Should Be Allowed To Hold Crypto
Crypto Trends

Fed Official Says Staff Should Be Allowed To Hold Crypto

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The Federal Reserve’s top regulatory official says staff from the US central bank should be allowed to invest a small amount in crypto to help them understand the technology.

Fed vice chair for supervision Michelle Bowman said at a blockchain event in Wyoming on Tuesday that the regulator should consider allowing its staff “to hold de minimus amounts of crypto or other types of digital assets so they can achieve a working understanding of the underlying functionality.”

“We will soon be establishing a framework for supervising issuers of these assets,” she added.

“There’s no replacement for experimenting and understanding how that ownership and transfer process flows.”

Currently, most Fed staffers and their spouses are barred from owning crypto or products that concentrate on crypto, such as exchange-traded funds or shares in crypto companies.

The Fed tightened its rules on all investments in early 2022 after it was revealed that three top officials had unusual trading activity in 2020, as the regulator took action to support the US economy in the early days of the COVID-19 pandemic.

Allowing crypto could help recruitment, rulemaking 

Bowman said the Fed staff investment restrictions “may be a barrier to recruiting and retaining examiners with the necessary expertise,” and easing the rules would help existing staff better understand the technology.

Michelle Bowman giving prepared remarks at the Wyoming Blockchain Symposium 2025 on Tuesday. Source: YouTube“I certainly wouldn’t trust someone to teach me to ski if they’d never put on skis, regardless of how many books and articles they have read, or even wrote, about it.”

Bowman urges Fed not to “stand still”

In her speech, Bowman said bank regulators had an “overly cautious mindset” and urged them to be less skeptical of new financial products and “recognize the utility and necessity of embracing technology in the traditional financial sector.”

She said some bankers are concerned that blockchain technology threatens traditional business models, but that technology could “change the banking system regardless of how banks and regulators choose to respond.”

“We must choose whether to embrace the change and help shape a framework that will be reliable and durable — ensuring safety and soundness and incorporating the benefits of both efficiency and speed — or to stand still and allow new technology to bypass the traditional banking system altogether,” she added. 

“From a regulator’s perspective, the choice is clear.”

Related: New crypto advocacy group debuts at Wyoming summit

Bowman said she recognized the risks in adopting new technology, but those could be offset or “at least determined to be manageable when we recognize and consider the potentially extensive benefits of new technology.”

Trump’s crypto-friendly push

Bowman didn’t specify the types of crypto products or what amounts she would suggest the Fed allow, but her comments are the latest crypto-friendly remarks regulators have taken under the Trump administration.

On Friday, the Fed said it would end a supervision program for crypto and blockchain-related activities undertaken by banks, which the Biden administration set up in 2023.

Trump also signed an executive order earlier this month directing banking regulators to investigate claims of debanking made by the crypto sector and conservatives.

Trade Secrets: Ether could ‘rip like 2021’ as SOL traders brace for 10% drop 



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Crypto Trends

8 Reasons Why the Fed Might Not Want to Cut Rates in September

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Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday.

Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%, Cardano’s ADA slid 8% and the broader crypto market was down 3.2%.

Shares of crypto-related companies, such as bitcoin miners, crypto exchanges and digital asset treasury firms, suffered even bigger losses, with MARA, COIN and MSTR closing today’s regular session down 5.7%, 5.8% and 7.4%, respectively.

By contrast, in general, U.S. equities suffered less: the Dow ended flat, the S&P 500 fell 0.59%, and the Nasdaq slid about 1.5%. The disparity underscores how digital assets, which rely heavily on cheap liquidity, are more exposed to shifts in rate expectations than traditional stocks.

Investors now face a pivotal macro catalyst-heavy week.

On Aug. 20 at 2 p.m. ET, the Fed will release minutes from the FOMC meeting held July 29–30, offering insight into policymakers’ tariff and inflation debates. From Aug. 21–23, central bankers gather for the Jackson Hole symposium, with Powell’s keynote set for Aug. 22 at 10 a.m. ET. Together, the minutes and Powell’s speech could define market expectations for the September policy meeting.

Here are some top macro highlights traders will likely watch this week to gauge how the Fed will react during next month’s meeting.

Tariffs’ delayed bite

Many companies have absorbed tariff costs to protect market share, but analysts warn they cannot do so indefinitely. Once passed on to consumers, these costs could drive prices higher and force the Fed to wait before cutting.

Sticky inflation data

Despite some cooling, inflation gauges remain elevated. The producer price index, a key wholesale measure, has been hotter than forecast, suggesting persistent pressures that complicate any case for aggressive easing.

Corporate limits

U.S. executives have signaled they will eventually be forced to shift tariff costs downstream. If that happens, consumer inflation could accelerate in the coming months, making a September cut seem premature.

Mixed economic signals

The U.S. economy shows both slowing job growth and resilient consumer demand. This uneven picture could encourage Powell to argue for patience until the Fed has clearer evidence that growth can withstand tariff-driven costs.

Policy uncertainty

Tariffs intersect with fiscal and trade policies in unpredictable ways. That complexity increases the risk of missteps, making a hawkish tone at Jackson Hole more likely.

Lessons from history

The tariff shocks of 2018–2019 produced delayed but meaningful inflation, prompting Fed caution. Powell may draw on that precedent to justify holding back this time.

Forward-looking indicators

The upcoming release of fresh economic data, including Thursday’s release of preliminary August data on manufacturing and services activity, could show tariff-related cost pressures building. Powell could point to these as another reason for prudence.

Internal divisions

Minutes from the July FOMC meeting may reveal a split inside the Fed. With hawks focused on inflation and doves emphasizing jobs, Powell may stress the need for consensus, which often favors waiting.

For crypto, the stakes are clear. Higher-for-longer rates curb the liquidity that fuels speculative rallies, raising financing costs for miners and weighing on exchange activity. If Powell signals caution, the sell-off in tokens and crypto-linked equities could deepen. A dovish surprise, however, might offer the spark for a rebound.



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Bitcoin Will Win From Fed Rate Cut Delay Or Confirmation
Crypto Trends

Bitcoin Will Win From Fed Rate Cut Delay Or Confirmation

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Key takeaways:

  • President Donald Trump’s push for aggressive interest rate cuts could trigger a surge in inflation, weaken the dollar, and destabilize long-term bond markets.

  • Even without rate cuts, trade policy and fiscal expansion are likely to push prices higher.

  • Bitcoin stands to benefit either way—whether as an inflation hedge in a rapid-cut environment, or as a slow-burn store of value as US macro credibility quietly erodes.

The US economy may be growing on paper, but the underlying stress is increasingly difficult to ignore — a tension now in sharp focus at the Federal Reserve’s Jackson Hole symposium. The US dollar is down over 10% since January, core PCE inflation is stuck at 2.8% and the July PPI surged 0.9%, tripling expectations.

Against this backdrop, 10-year Treasury yields holding at 4.33% look increasingly uneasy against a $37 trillion debt load. The question of interest rates has moved to the center of national economic debate.

President Donald Trump is now openly pressuring Federal Reserve Chair Jerome Powell to cut interest rates by as much as 300 basis points, pushing them down to 1.25-1.5%. If the Fed complies, the economy will be flooded with cheap money, risk assets will surge, and inflation will accelerate. If the Fed resists, the effects of rising tariffs and the fiscal shock from Trump’s newly passed Big Beautiful Bill could still push inflation higher.

In either case, the US appears locked into an inflationary path. The only difference is the speed and violence of the adjustment, and what it would mean for Bitcoin price.

What if Trump forces the Fed to cut?

Should the Fed bow to political pressure starting as early as September or October, the consequences would likely unfold rapidly.

Core PCE inflation could climb from the current 2.8% to above 4% in 2026 (for context, post-COVID rate cuts and stimulus pushed core PCE to a peak of 5.3% in February 2022). A renewed inflation surge would likely drag the dollar down even further, possibly sending the DXY below 90.

US Core PCE index, 1-month. Source: TradingEconomics

Monetary easing would briefly lower Treasury yields to around 4%, but as inflation expectations rise and foreign buyers retreat, yields could surge beyond 5.5%. According to the Financial Times, many strategists warn that such a spike could break the bull market altogether.

Higher yields would have immediate fiscal consequences. Interest payments on US debt could rise from around $1.4 trillion to as much as $2 trillion—roughly 6% of GDP—by 2026, triggering a debt servicing crisis and putting further pressure on the dollar. 

More dangerous still is the potential politicization of the Fed. If Trump finds a way to force Powell out and appoint a more compliant chair, markets could lose faith in the independence of US monetary policy. As FT columnist Rana Foroohar wrote:

“There’s a huge body of research to show that when you undermine the rule of law the way the president is doing with these unwarranted threats to Powell, you ultimately raise, not lower, the cost of borrowing and curb investment into your economy.”

She cited Turkey as a cautionary tale, where a central bank purge led to market collapse and 35% inflation.

If the Fed holds steady

Maintaining policy rates may seem like the responsible option, and it would help preserve the Fed’s institutional credibility. But it won’t spare the economy from inflation.

Indeed, two forces are already pushing prices higher: the tariffs and the Big Beautiful Bill.

Tariff effects are already visible in key economic indicators. The S&P Global flash US Composite PMI rose to 54.6 in July, the highest since December, while input prices for services jumped from 59.7 to 61.4. Nearly two-thirds of manufacturers in the S&P Global survey attributed higher costs to tariffs. As Chris Williamson, chief business economist at S&P Global, said:

“The rise in selling prices for goods and services in July, which was one of the largest seen over the past three years, suggests that consumer price inflation will rise further above the Fed’s 2% target.” 

The effects of the Big Beautiful Bill are yet to be felt, but warnings are already mounting over its combination of increased spending and sweeping tax cuts. At the beginning of July, the IMF stated that the bill “runs counter to reducing federal debt over the medium term” and its deficit‑increasing measures risk destabilizing public finances.

In this scenario, even without immediate rate cuts, core PCE inflation may drift up to 3.0–3.2%. Yields on 10-year Treasurys would likely rise more gradually, reaching 4.7% by next summer. Debt servicing costs would still climb to an estimated $1.6 trillion, or 4.5% of GDP, elevated but not yet catastrophic. DXY could continue plummeting, with Morgan Stanley predicting that it could go as low as 91 by mid‑2026.

Market yield on US 10-year bonds. Source: St.Louis Fed

Even in this more measured outcome, the Fed doesn’t emerge unscathed. The debate over tariffs is dividing policymakers. For instance, Governor Chris Waller, seen as a possible new Fed Chair, supports rate cuts. Macquarie strategist Thierry Wizman recently warned that such splits within the FOMC could devolve into politically motivated blocs, weakening the Fed’s inflation-fighting resolve and eventually steepening the yield curve.

Related: Bitcoin won’t go below $100K ‘this cycle’ as $145K target remains: Analyst

The impact of macro on Bitcoin

In the first scenario—sharp cuts, high inflation, and a collapsing dollar—Bitcoin would likely surge immediately alongside stocks and gold. With real interest rates negative and Fed independence in question, crypto could become a preferred store of value.

In the second scenario, the rally would be slower. Bitcoin might trade sideways until the end of 2025, until inflation expectations catch up with reality next year. However, as the dollar continues to weaken and deficits accumulate, non-sovereign assets will gradually gain appeal. Bitcoin’s value proposition would solidify not as a tech bet, but as a hedge against systemic risk.

Expectations for a rate cut continue to rise, but whether or not the Fed complies in the fall or stands firm, the US is on a collision course with inflation. Trump’s aggressive fiscal stimulus and trade policy ensure that upward price pressure is already baked into the system. Whether the Fed cuts rates soon or not, the path ahead may be rough for the dollar and long-term debt, and Bitcoin isn’t just along for the ride—it may be the only vehicle built for this road.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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Is Tether building ‘Fed of crypto’ with sovereign-sized reserves?
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Tether builds ‘Fed of crypto’ with sovereign-sized reserves

by admin



Tether’s latest reserves report reveals a stablecoin issuer operating on a scale typically reserved for nations.

According to its Q2 2025 attestation from BDO, the company holds $162.57 billion in assets, surpassing its liabilities of $157.11 billion, resulting in a $ 5.46 billion surplus. This cushion, above what’s needed to redeem all tokens, is rare in the stablecoin market—and almost unheard of in crypto.

Recent data from Messari highlights Tether’s scale: with $127 billion in U.S. Treasuries, it now holds more than South Korea, Germany, and the UAE, ranking as the 18th largest holder of U.S. government debt globally.

Tether is the only private entity in this league, positioned between Saudi Arabia and several G20 nations.

A balance sheet that looks like a central bank’s

Side by side, Tether’s reserves and the Federal Reserve’s balance sheet share a surprisingly similar structure — despite a 40x size gap.

CATEGORYTETHERFEDERAL RESERVETotal Assets$162.6B$6.64TCore Holdings$105.5B U.S. Treasuries$4.77T U.S. Treasuries & Agency MBSAlternative Assets$8.9B Bitcoin, $8.7B GoldNoneOther Investments$4.8B Other, $10.1B Secured Loans$2.4T Loans, facilities, otherCash & Short-Term Instruments$16.3B reverse repos, $6.3B money market funds~ $0.3T reverse reposEquity/Surplus$5.47B (3.4% of assets)N/A (Fed remits excess to Treasury)

  • U.S. Treasuries are the backbone for both — $105.5 billion for Tether, $4.77 trillion for the Fed.
  • Short-term liquidity instruments, such as reverse repos and money market funds, play a similar stabilizing role.
  • The difference is in diversification: Tether keeps $8.9 billion in Bitcoin and $8.7 billion in gold — a blend of digital and hard assets no major central bank holds.

At first glance, comparing Tether’s surplus to the Federal Reserve’s resources might seem like a stretch — the Fed’s balance sheet is vastly larger. But the analogy works because the two operate under fundamentally different rules.

The Fed doesn’t keep a surplus: any net income it earns is remitted to the U.S. Treasury, so it doesn’t build an equity buffer. Tether does — and that $5.47 billion represents about 3.4% of its total assets, a stronger equity position than many banks maintain under Basel III capital standards. 

Tether also distributed $7.357 billion in dividends during the first half of the year — a payout size that underscores both its profitability and the scale of its operations.

For the stablecoin market, it’s unprecedented. By comparison, Circle’s USDC reserves — $55.7 billion as of Aug. 7 — are structured for near one-to-one matching between assets and liabilities. The Circle Reserve Fund, managed by BlackRock, holds about 60% in U.S. Treasury repurchase agreements and 39% in U.S. Treasury debt, leaving only a modest equity buffer compared to Tether’s sovereign-sized cushion.

It’s precisely the kind of monetary backstop central banks aim for to absorb shocks without destabilizing their currency — positioning Tether as a central clearinghouse of dollar liquidity in crypto.

The El Salvador move and regulatory posture

In January 2025, Tether shifted its base from the British Virgin Islands to El Salvador — the only country to adopt Bitcoin as legal tender — after securing a Digital Asset Service Provider (DASP) license. It still maintains its Money Services Business (MSB) registration with the U.S. Financial Crimes Enforcement Network (FinCEN), obligating it to comply with anti-money laundering (AML) and counter-terrorist financing (CTF) rules, including filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).

This dual stance — operating from a Bitcoin-forward jurisdiction while maintaining U.S. compliance channels — demonstrates Tether’s positioning at the intersection of crypto-friendly regulation and global financial oversight.

Why this matters for stablecoins

If Tether is the “crypto Fed,” its surplus is the closest thing to a monetary policy safety net in the stablecoin market. It allows Tether to absorb shocks without immediately tapping into its reserves, and it gives the company the firepower to invest in infrastructure, strategic partnerships, and even non-crypto sectors without threatening redemption guarantees.

In traditional finance, central banks exist to backstop liquidity and maintain confidence. In crypto, Tether is doing both — privately, at scale, and with an asset mix more diversified than most national treasuries. The bigger question is whether this model becomes the template for the next generation of stablecoins, or whether Tether will remain the outlier that built the Fed of crypto before anyone else could.



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Bitcoin Cash Breaks Out, Cardano Breaks Down as Crypto Traders Hold Breath on Fed: Analysis

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In brief

  • Bitcoin Cash (BCH) rallies 6% with strong buying pressure and positive momentum indicators.
  • Cardano (ADA) slides 3.5% below key moving averages with bearish signs all around.
  • Fed is holding rates steady, and crypto traders eagerly await clearer monetary policy direction.

The effects of the ceasefire between Israel and Iran seems to have already been digested by traders as markets today cool down after big jumps earlier this week. Only two coins (Pi and Maple Finance) are up more than 10% with the average price appreciation in the top 100 coins by market cap being around 2%, and the average dip around that mark too.

But crypto traders are pushing upwards: total cryptocurrency market cap across the sector is up to $3.283 trillion, a modest 0.81% daily increase.

Traditional markets also remained relatively stable with the S&P 500 rising slightly to 6,097 points, gaining 0.07% from the previous session. The Federal Reserve’s decision to maintain interest rates at 4.25%-4.5% continues to create a wait-and-see environment, with Fed Chair Jerome Powell stating the central bank is “well positioned to wait” for more economic clarity. Looking ahead, traders on Myriad—a prediction market developed by Decrypt’s parent company Dastan—currently believe the Nasdaq will outperform the S&P 500 in the month of June.



Meanwhile, some coins are—as usual—doing better than others today, with Bitcoin Cash and Cardano traders making moves—perhaps with the urge to feel something on an otherwise boring markets day.

Bitcoin Cash (BCH) breaking out

Bitcoin Cash trading data. Image: TradingView

Bitcoin Cash, the original fork of the original Bitcoin, demonstrated its strength today, surging approximately 6% to $481.30 as it successfully breached the critical $470 resistance level that had capped prices throughout most of the month. This breakout came with substantial trading volume and multiple bullish technical confirmations.

The Relative Strength Index, or RSI, sits at a healthy 61, indicating strong bullish momentum without reaching overbought territory. This reading suggests buyers are in control, but there’s still room for further upside before hitting the typical 70+ overbought threshold where profit-taking often occurs. The RSI measures the speed and magnitude of price changes, and readings between 50-70 are generally considered bullish momentum zones.

The Average Directional Index, or ADX, reads 20, just below the crucial 25 threshold that confirms established trend strength. While this indicates the trend is weak and still developing rather than fully established, the rising trajectory suggests momentum is building toward a more decisive breakout. The ADX measures trend strength regardless of direction—readings above 25 typically signal strong trending conditions that traders often follow.

Moving Average Configuration: BCH is trading well above both its 50-day EMA (around $385) and 200-day EMA (near $352), creating a widening gap known as the “moving average divergence.” This growing separation signals a strong, sustained trend. The 50-day EMA, averaging prices over roughly 2.5 months, often acts as dynamic support in an uptrend, while the 200-day EMA reflects the broader market direction. With the 50-day EMA above the 200-day, short-term momentum is outpacing the longer-term trend—recent buyers are paying significantly more than those who entered 200 days ago, and the expanding distance between the two lines suggests that buying pressure remains intense.

The Squeeze Momentum Indicator shows “ON” status with an upward trajectory, suggesting price compression is being released to the upside. This indicator identifies periods when volatility contracts before major moves—the “ON” reading indicates the squeeze is active and momentum is building. This is not definitive, but suggest caution, either with a strong price break in a positive direction, or a heavy correction to come.

Overall, BCH is going up, but it’s possible that traders interpret its current zone as a tough one with indicators giving mixed signals.

Key Levels:

  • Immediate support: $460-$470 (recent breakout zone now becomes support)
  • Strong support: $385 (50-day EMA)
  • Immediate resistance: $500 (psychological level and next major barrier)
  • Strong resistance: $540 (measured move target from recent consolidation)

Cardano (ADA) breaks down

Are Cardano dudes even into Cardano anymore? During his most recent livestream, Cardano founder Charles Hoskinson proposed the Cardano Treasury get rid of nearly $100 million worth of ADA to buy a basket of stablecoins alongside Bitcoin and other synthetic assets.

Take this however you want. This is either a good sign for the network, as it helps increase DeFi liquidity and further decentralize the structure for long-term ecosystem growth, or the team doesn’t want the risk of hodling a coin that has not had a true bullish cycle since 2021.

Cardano (ADA) trading data. Image: TradingView

During the last 24 hours, markets seem to have taken the news with bitterness. ADA experienced a stark 3.5% drop to $0.5669 as multiple technical indicators flashed bearish signals.

The price action suggests ADA is struggling to maintain key support levels amid broader altcoin weakness.

Cardano (ADA) trading data. Image: TradingView

The RSI has dropped to 35, approaching oversold territory below 30 but not yet there. This reading indicates selling pressure is intensifying, and while oversold conditions could eventually trigger a relief bounce, the downward momentum suggests more weakness may be ahead. RSI readings below 40 often indicate bearish momentum, especially when accompanied by other negative signals.

The ADX registers 26, confirming a strong trend is in place. However, with the price declining, this strong ADX reading actually confirms the bearish trend’s strength rather than supporting a bullish case. This is why technical analysts always examine ADX alongside price direction—a high ADX with falling prices indicates strong downward momentum.

ADA trades below both its 50-day and 200-day EMAs, with the indicators showing a concerning pattern. The price trading below both moving averages suggests the trend has shifted bearish across multiple timeframes. When shorter-term averages fall below longer-term ones, it typically indicates sustained selling pressure and loss of investor confidence.

The Squeeze Momentum Indicator shows “OFF” status with negative momentum, indicating recent volatility has been released to the downside and further compression may be limited. This often translates to continued directional movement—in this case, potentially more downside.

Key Levels:

  • Immediate support: $0.5500 (psychological level and potential bounce zone)
  • Strong support: $0.5000 (major psychological level)
  • Immediate resistance: $0.5900 (must reclaim to signal recovery)
  • Strong resistance: $0.6400 (50-day EMA area that would indicate trend reversal)

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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Next crypto to 1000x as Fed rates cut
Crypto Trends

Next Crypto to 1000x as Fed Rate Cuts Could Kick Off in July

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Despite holding interest rates steady between 4.25% and 4.5% since December 2024, the Fed may finally be ready to pivot. Federal Reserve Governor Christopher Waller has hinted that the first rate cut could arrive as soon as July, signaling a potential shift in monetary policy.

Waller thinks that the effects of Trump’s tariffs are now fully factored in, meaning there shouldn’t be any further downside risk. He has urged the Fed to be more proactive and not wait for the labor market slump before cutting rates.

It’s worth noting that the Fed has kept the rate steady in its latest June 18 statement. However, as market expectations swell, we might see a rate cut sooner rather than later.

Read on as we dig into the rate cut situation and also recommend a few tokens that could be the next crypto to 1000x as a more lenient policy change fuels risk-on sentiment.

Opposing Views Within the Fed

Mary Daly, the San Francisco Fed president, portrayed a more conservative approach when talking about rate cuts.

Daly believes that the Fed should wait till this fall to make a decisive move. And in the meantime, the committee should collect more economic data on various possible outcomes, including labor market trends.

As per reports, 12 out of the 19 Fed meeting participants expect at least one rate cut this year.

If rate cuts kick in, which they should, borrowing costs will go down, fueling more investments in non-traditional and ‘risky’ assets like crypto.

To help you stay ahead of the curve, we’ve handpicked three top cryptos that we believe could be the perfect portfolio boosters.

1. Snorter Token ($SNORT) – The Next Crypto to 1000x, Powering the Snorter Bot

$SNORT is a new cryptocurrency that powers the Snorter Bot, a powerful trading bot built into Telegram, allowing users to snipe liquidity in new meme coins on Solana (support for other blockchains coming soon).

All you have to do is give Snorter Bot a token-launch address. Then, it will automatically set up a buy order, meaning you’ll be able to buy new meme coins as soon as liquidity appears.

In other words, Snorter will allow you to get in when the prices are at their lowest, i.e., before the tokens pump.

Snorter is also incredibly secure. It runs all trades through MEV-resistant relayers, protecting you against front-running and sandwich attacks, as well as rug pulls, honeypots, and scams.

Although Snorter Bot offers a very competitive 1.5% trading fee, you can bring this down to an industry-best 0.85% by becoming a $SNORT holder.

Speaking of buying $SNORT, each token is currently available for just $0.0959, and the project has, in total, raised over $1.2M in early investor funding.

2. Bitcoin Hyper ($HYPER) – Bitcoin Layer 2 for Fast & Low-Cost Transactions

Bitcoin Hyper ($HYPER) is another utility token that has the potential to become the next crypto to explode.

According to our research-backed $HYPER price prediction, the token can surge 12,400% and hit $1.25 by 2030.

Such brain-melting numbers are a direct reflection of Bitcoin Hyper’s mission. It aims to introduce low-cost, fast transactions and smart contract capabilities to the Bitcoin ecosystem.

Although Bitcoin is a force to reckon with as a store of value, it’s nowhere near as popular as Ethereum or Solana when it comes to dApps.

$HYPER will build a Bitcoin Layer 2 that will combine Bitcoin’s security with Solana’s scalability, low transaction fees, and programmability.

Using a Canonical Bridge, $HYPER users will be able to convert their original $BTC into wrapped $BTC, which can then be used to interact with dApps, trade on decentralized exchanges, and earn staking yields across the Bitcoin L2 ecosystem.

Once you’re done, raise a withdrawal request on Bitcoin Hyper’s Layer 2. It will verify the transaction and release your corresponding $BTC back to your Bitcoin address on Layer 1.

Note that Bitcoin Hyper is currently in presale (more than $1.5M raised), which is why it’s available for a low price of $0.012. For more information, check out our detailed Bitcoin Hyper buying guide.

3. Useless Coin ($USELESS) – Viral New Meme Crypto with 1000x Potential

Useless Coin ($USELESS) is the internet’s perfect revenge on utility-backed altcoins and the best meme coins.

It’s built to promote ‘nothingness,’ as if to convey that there’s beauty in being a token of no use except, well, satire and humor.

$USELESS doesn’t come with any governance mechanics or staking, with liquidity fees being the only way it ever generates any revenue.

Thanks to strong community backing, $USELESS has emerged as one of the top trending cryptos, having gained around 24% since its launch just over a week ago.

One $USELESS token is currently priced at $0.1015, but given its amusing take on the modern meme coin scene and strong community hype (trading volumes are up 44% in the last 24 hours), you can expect it to hit triple-digit gains in the next few weeks.

Final Thoughts

With the US expected to adopt a controlled, proactive approach to cutting interest rates, which could begin as early as July, Wall Street could take it as a green light to increase investments across all risk markets, including crypto and the best altcoins.

If you’re looking for explode-worthy cryptos, have a look at utility tokens like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER).

However, make sure you do your own research before investing. None of the above is financial advice, and there are no promises in crypto thanks to the market’s uncertainty.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Diablo 4 Season 8 Players Are Fed Up With Its Bugged Lilith Boss Fight
Game Updates

Diablo 4 Season 8 Players Are Fed Up With Its Bugged Lilith Boss Fight

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Diablo 4 Season 8 revamped its endgame bosses, including the game’s first “pinnacle” boss, the Echo of Lilith. While the revamp did make bosses more rewarding, it didn’t do much to make the already annoying Lilith boss fight any better, and players are now reporting an invincibility bug that is making matters even worse.

As spotted on Reddit, players are encountering a bug where Lilith becomes unkillable. Players encountering the Lilith bug are reporting the ability to get her to around 33-35% health, after which she becomes entirely immune to damage and never transitions into her second phase.

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Nobody is quite sure what the reason for the bug is. Some players report it happening while in a full party, while others said it happened to them playing solo. A few players theorize that the bug could be coming as a result of player’s dealing too much damage.

Even before her Season 8 rework, Lilith has always been a hard fight (despite her being defeated for the first time less than a week after Diablo 4 came out). Her various phases made her a significant challenge unless players could deal enough damage to largely ignore the fight’s oppressive mechanics.

Unfortunately, in Season 8, players are now forced to deal with those mechanics even more than before. Even if a player can deal an incredible amount of damage, it’s impossible to “brute force” through the phases, as attacks that would previously transition her into the next phase will instead only drop her health to a specific percentage. This makes for extended periods of time during where Lilith is entirely immune to damage, forcing players to dodge her various projectiles and spike waves which inflict a stacking debuff that will eventually one-shot players for a mistake.

A bug making Lilith unkillable wouldn’t be the biggest deal if Blizzard hadn’t tied an important reward, a Resplendent Spark used to create Mythic Uniques, to the first time players kill her each season. Despite the annoying nature of the boss fight, players almost always want to defeat her at least once to claim the Spark before ignoring the boss for the rest of the season. That, however, isn’t exactly possible when she can’t be killed.

Blizzard hasn’t issued a response to the thread on Reddit or offered an ETA on when players can expect a fix. Broken boss fights aren’t the only issue Diablo 4 players are contending with, as the game’s new Reliquary battle pass has also drawn criticism for its poor design. Blizzard has stated its looking to make changes to Diablo 4’s Reliquary system in the future, partially out of response to Diablo 4’s disappointing Berserk crossover, but that those changes won’t be arriving as part of its upcoming Season 9. Diablo 4 Season 9, Sins of the Horadrim, is set to arrive on July 1 and will let players craft their own spells.



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Bitcoin Hyper Presale Heats Up Ahead of Fed Rate Cut
GameFi Guides

Bitcoin Hyper Presale Ignites Ahead of Fed Rate Cut and $120K Bitcoin Rally

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin has been comfortably cruising in six-figure territory for a while now. And the next big milestone on everyone’s radar is $120K.

With fresh rate-cut rumors swirling around the Federal Reserve, the setup for a continued rally is starting to look eerily perfect.

Rate cuts have historically pumped risk assets, and Bitcoin loves nothing more than a dovish Fed. Add global trade tensions and war-related uncertainty into the mix, and the pressure on the Fed to act is growing.

But while Bitcoin steals the spotlight, the real hidden gem might be quietly building in the background.

Bitcoin Hyper ($HYPER) is a lightning-fast, Solana-compatible Layer-2 designed to scale $BTC – and it might just be the infrastructure play of this bull run.

A Bullish Setup, Thanks to the Fed

There’s a storm of macro news brewing – and surprisingly, it’s bullish for crypto.

The Federal Reserve, after months of playing hardball on inflation, may finally be loosening its grip. Recent comments from Fed officials and fresh rate-cut speculation for July have markets buzzing.

Source: Polymarket

The reason? A double-whammy of war tensions and trade tariffs could drag down global growth, forcing the Fed to pivot.

Historically, rate cuts weaken the dollar and light a fire under risk assets. And Bitcoin, being the king of risk-on trades, thrives on this kind of chaos.

According to analysts, $BTC could ride this wave all the way to $120K if the Fed blinks.

But what happens when Bitcoin actually starts running again?

What Is Bitcoin Hyper ($HYPER)?

Bitcoin Hyper ($HYPER) is the Layer-2 solution that finally gives Bitcoin its long-overdue upgrade.
Built on the Solana Virtual Machine (SVM), it’s not a sidechain or half-measure – it’s a fully operational blockchain engineered to scale Bitcoin in a way that actually works.

For the first time, developers, degens, and builders can create lightning-fast, low-cost dApps directly on the Bitcoin ecosystem.

Think of it like this: Bitcoin is the vault. Bitcoin Hyper is the high-speed highway connected to it – one that unlocks sub-second transaction speeds and near-zero gas fees.

It’s the first real execution layer for Bitcoin, turning it from a passive store of value into an active financial playground. Now, Bitcoin can support payments, meme coins, NFTs, DAOs, and DeFi – all under one roof.

And it’s all cross-chain from day one. Apps and assets can move across Bitcoin, Ethereum, and Solana without friction. With SVM compatibility baked in, Bitcoin Hyper brings serious dev firepower and full compatibility with the Solana ecosystem.

With the Fed hinting at a rate cut, the timing couldn’t be better. If Bitcoin surges, the infrastructure around it, especially one this fast and meme-ready, could take off even faster.

Why $HYPER Buyers Could Win Big – But Only If They Move Now

At just $0.011975, Bitcoin Hyper is still in presale, but it’s not going unnoticed. This new crypto project has already raised over $1.4M, and that early-stage window is closing fast.

Analysts predict $HYPER could hit as high as $0.32 by the end of 2025. That’s a potential 2,570% increase from today’s presale price. Let’s do the math.

Say you buy $1K worth of $HYPER at the current price. You’d get roughly 83,5K tokens. Bitcoin Hyper plans to offer staking with competitive APYs. Let’s go with a modest estimate of 20% APY.

Stake those tokens for a year, and you’d earn an extra 16,7K tokens, bringing your total to 100,2K $HYPER.

At today’s price, that’s still $1,2K. But if the price hits $0.32 by the end of 2025? You’re sitting on $32K – all from a $1K investment and one year of staking.

And that’s not counting early access to token launches, staking pools, governance, and other utility perks presale buyers get.

This is how early plays turn into power positions. With $BTC momentum climbing, $HYPER could be one of the best altcoins to ride this wave.

The Bitcoin Boom Is Here – But the Real Opportunity Is Under the Hood

With the Fed pivot in sight and Bitcoin heating up, the next bull run isn’t a matter of if – it’s when. But when the market takes off, it’s not just $BTC that flies. It’s the infrastructure around it.

That’s where Bitcoin Hyper shines. It’s not trying to replace Bitcoin, it’s here to power the ecosystem with real speed, real apps, and real scalability. While others chase hype, $HYPER is laying the foundation.

And when the market stampede begins, the ones who build the rails get there first.

This article is for informational purposes and doesn’t constitute financial advice. Always do your own research (DYOR) before investing in crypto.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Fed May Cut Rates In July, How Will It Impact Bitcoin And Crypto
GameFi Guides

Fed May Cut Rates in July, How will it Impact Bitcoin and Crypto

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In a major move, Federal Reserve Governor Christopher Waller just gave crypto investors a big reason to watch July closely. He said the Fed could lower interest rates as soon as next month, during the July 29–30 meeting.

In the recent interview, Waller said, “We could do this as early as July. I think we’ve got room to bring it down, and then we can kind of see what happens with inflation.” This statement has come after the Fed’s recent decision to keep rates steady between 4.25% and 4.50%, but with hints that two cuts might still come before the end of 2025.

Impact of Fed Rate Cut on Bitcoin and Crypto

The main thing is, when the interest rates drop, it becomes cheaper to borrow and easier to invest. So as a result, people are eager to invest their money flows into Bitcoin, Ethereum, and other risky assets. Higher interest rates often scare invertos wavy from crypto.

As Dan Raju, CEO of Tradier, put it, “High interest rates scare investors away from riskier investments like crypto, and the lowering of rates will be seen as a positive by the crypto investor community.”

In the past, crypto has shown how it became sensitive related to the Fed policy. In 2022, when the Federal Reserve raised rates aggressively from near 0% to 4.25–4.50% by year-end. As a result, Bitcoin and altcoin dropped sharply.

In 2023 and 2024, the Fed paused rate hikes, keeping them steady in the 4.25–4.50% range. This stability gave crypto room to recover. Bitcoin rebounded, and investor confidence began returning. There are two more factors which have fueled the crypto to recover: the launch of spot Bitcoin ETFs and the election of Donald Trump, seen as a crypto-friendly president.

Key Events to Watch in July

The crypto investors should watch the next big meeting of the Federal Reserve for July, as this can have a big impact for the crypto. If the Fed decides to cut interest rates, it could act as a powerful catalyst for Bitcoin, Ethereum, and the broader crypto market.

Additionally, the U.S. Bitcoin ETFs have pulled in more than $9 billion, led by BlackRock’s iShares Bitcoin Trust (IBIT)  in the last few weeks. On May 22 alone, Bitcoin ETFs saw an impressive $432 million inflow. With Bitcoin ETFs still attracting strong inflows, a rate cut could help BTC test or even break past its all-time high of $111,970. 

However, if the Fed keeps rates steady, crypto markets may stall or correct, especially if inflation remains sticky or if economic uncertainty grows.

Also Read: Trump Urges Fed Must Cut Rates After Cooling Inflation Data



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Bitcoin Holds $104,000 Support As Market Deleverages Following Fed Decision - Is A Rally Brewing?
NFT Gaming

Bitcoin Holds $104,000 Support As Market Deleverages Following Fed Decision – Is A Rally Brewing?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Yesterday, the US Federal Reserve (Fed) held interest rates steady for the fourth consecutive time, dampening hopes for a significant rally in risk-on assets like Bitcoin (BTC). However, on-chain indicators suggest that BTC is experiencing strong demand – potentially laying the groundwork for its next move upward.

Bitcoin Sees Strong Demand Despite Steady Interest Rates

According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin has established a solid demand zone in the mid-$100,000 range. The analyst suggests this could signal BTC’s readiness for another upward rally.

The following chart – titled Binance BTC Price and Open Interest Change – illustrates how this price area has repeatedly absorbed strong selling pressure, resulting in BTC forming consistent equal lows just above $104,000.

Source: CryptoQuant

In contrast, open interest on Binance has formed a series of lower lows, indicating progressive deleveraging in the derivatives market. Deleveraging typically reduces excess risk and can help build a more stable foundation for sustainable price growth.

Additionally, the $104,000 level has acted as a “liquidation magnet” for late long positions. The following BTC: Binance Liquidation Delta chart shows a sharp concentration of liquidations around this price level.

Source: CryptoQuant

Green delta spikes in the chart represent the forced closure of long positions, suggesting a cleanup of traders who joined the rally late. Minimal short liquidations confirm that the market was dominated by long squeezes.

To explain, a long squeeze occurs when the price of an asset drops sharply, forcing traders holding long positions to sell or get liquidated. This selling pressure pushes the price down even further, often accelerating the decline.

Interestingly, the timing of this market cleanup coincides with the Fed’s decision to pause interest rate hikes. Such a development has typically worked out as a net positive for risk-on assets like BTC. Taha concluded:

Historically, BTC has shown bullish tendencies following rate stabilization, especially when paired with signs of liquidation exhaustion and fading open interest.

BTC Uptrend To Resume Soon?

Multiple on-chain indicators suggest the current BTC pullback may be nearing its end. For example, recent analysis by crypto analyst CryptoGoos points to short-term BTC sellers running out of momentum.

Moreover, signs of retail euphoria remain absent, hinting that the market may still be in an early or mid-stage rally. The Puell Multiple also suggests that BTC has further room to grow.

That said, some cautionary signs remain. Notably, BTC trading volumes across major global exchanges have dropped to multi-year lows, raising concerns that bullish momentum may be weakening. At press time, BTC trades at $104,274, up 0.3% in the past 24 hours.

BTC trades at $104,274 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from CryptoQuant and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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