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Crypto Boom Soon? Major Banks Predict At Least 2 Rate Cuts After Weak Labor Data

by admin September 6, 2025

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The crypto market has been quite excited about the possibility of the United States Federal Reserve cutting interest rates in the remaining months of the year. This display of emotions could be seen in the last crypto market rally on the back of a positive Jackson Hole speech by Fed Chairman Jerome Powell.

A different reaction was felt across the cryptocurrency market after a weaker-than-expected Non-Farm Payroll (NFP) data was released on Friday, September 5. However, the general consensus seems to be that this latest weak job data release could be rather positive in terms of interest rate cuts.

Weak Labor Data Increases Likelihood Of Rate Cuts: Major Banks

The US labor market data released on Friday was weaker than expected, as only 22,000 jobs were added to the economy in August, falling short of the 75,000 job expectations. Major banking firms have now come forward with how this new report could impact the outcome of the Federal Open Market Committee (FOMC)’s meetings in the coming months.

According to a Bloomberg report, Bank of America analysts have softened their stance on no interest rate cuts in 2025 as a result of Friday’s labor data release. The analysts now expect the Fed to cut rates at least twice before year-end—two 25 basis points (25BPS) cuts in September and December 2025.

Meanwhile, analysts at investment banking behemoth Goldman Sachs are projecting three 25BPS cuts before the year runs out. The first interest rate cut is expected to occur in September, with two additional cuts anticipated in October and November.

In a separate Reuters report from June, Citigroup had always expected three 25BPS cuts in the remaining months of the year. However, unlike Goldman Sachs, the banking titan projects these interest rate cuts to September, October, and December.

How Successive Rate Cuts Could Catalyze Crypto Bull Run

Lower interest rates have always been viewed as a positive macroeconomic indicator for the risk assets, including the crypto market. With fixed-income assets becoming less attractive, investors tend to have a risk-on attitude towards the riskier assets.

Hence, periods of low interest rates or rate cuts have often been associated with an increase in crypto prices and sustained bullish runs. Meanwhile, higher rates tend to lead to a decline in crypto liquidity, as investors are less incentivized to enter the market.

According to data from CoinGecko, the total crypto market capitalization stands at around $3.09 trillion, reflecting an over 1% decline in the past day.

The total crypto market capitalization on the daily timeframe | Source: TOTAL chart on TradingView

Featured image from iStock, chart from TradingView

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September 6, 2025 0 comments

Crypto Trends

Bitcoin Seesaws as Investors Weigh Weak Jobs Data, Rate Cuts

by admin September 6, 2025

In brief

The U.S. economy added just 22,000 jobs in August.
That locks in rate cuts in the coming months, according to Grayscale’s Zach Pandl.
A labor snapshot like Friday’s would typically provoke recession fears, he said.

The price of Bitcoin and other cryptocurrencies seesawed on Friday as investors weighed a weaker-than-expected jobs report against the increased likelihood of rate cuts.

Nonfarm payrolls increased by 22,000 in August, the U.S. Bureau of Labor Statistics said, while economists anticipated that the U.S. economy would add 75,000 jobs last month. The unemployment rate meanwhile ticked up to 4.3% from 4.2% a month prior.

Bitcoin climbed to $113,000 following the report’s release, but then it dove $110,500, while still showing a 1.1% increase over the past day, according to crypto data provider CoinGecko. Ethereum and XRP meanwhile fell 1.1% to $4,300 and 0.7% to $2.82, respectively, over the same period. ETH was more recently down a few fractions of a percentage point, while XRP rose slightly.

Today’s report could be a catalyst for the next leg up in crypto valuations, if stocks and other risky assets are able to hold up okay, according to Zach Pandl, head of research at the crypto asset manager Grayscale.

A job report like Friday’s would typically trigger recession fears, he told Decrypt, but there’s an understanding that reduced immigration is negatively affecting growth.

“We know stocks fall in a recession, but they may not fall in a sluggish labor market driven by immigration cuts,” he said. “We know that reduced immigration has played a big role, and the slowing jobs market is not just about firms pulling back on hiring or on labor demand.”

Friday’s labor snapshot included revisions for June and July, wiping away a total 21,000 jobs across both months. The U.S. economy actually lost 13,000 jobs in June, while employers added 6,000 more jobs in July than originally reported.

The weakness will lock in rate cuts from the Federal Reserve over the coming months, which will likely weigh on the value of the dollar relative to other global currencies and precious metals like gold and silver, Pandl said.

“All else equal, a weaker dollar [and[ stronger gold price is positive for Bitcoin,” he said.

The S&P 500 fell 0.8% on Friday, while the tech-heavy Nasdaq dropped 0.6%. The Dow Jones Industrial Average meanwhile slipped 363 points, after hitting a new record high earlier in the day.

U.S. central bank Chair Jerome Powell acknowledged a sharp falloff in immigration in August. During his speech in Jackson Hole, Wyoming, he said the labor market had reached “a curious kind of balance” that was marked by sluggishness in both the demand and supply for workers. The dynamic suggests downside risks to the labor market are increasing, he added.

With the economy appearing to weaken, traders on Friday abandoned the prospect of the Fed holding rates steady. They assigned an 88% chance of a quarter-percentage point rate cut and 12% probability of a .50% reduction , as the U.S. economy appears weaker, per CME FedWatch.

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September 6, 2025 0 comments

NFT Gaming

Cryptos Steady as Rate Cuts Sentiment Lingers Ahead of Jobs Report

by admin September 5, 2025

Bitcoin BTC$112,375.73 steadied near $111,600 on Friday morning, showing relative resilience even as macro jitters pulled global risk assets lower. Ether (ETH) slipped 0.7% to $4,330 while Solana’s SOL (SOL) added 1.3% to trade above $204. XRP XRP$2.8418 hovered near $2.81, flat on the day but up 3.5% over the week.

The week’s backdrop has been dominated by U.S. labor data and shifting expectations around the Federal Reserve. Friday’s jobs report is widely expected to show unemployment climbing, firming bets on a September rate cut. But traders are no longer expecting an extended easing cycle.

“While high unemployment numbers indicated the Fed is likely to cut rates in mid-September, traders now believe that reductions throughout the rest of the year will be limited in scope,” said Jeff Mei, COO at BTSE. “The Fed is wary of introducing too much new money into the economy for fear of inflation. This is why gold has rallied while cryptocurrencies and stocks fell.”

Gold touched a fresh high above $3,500 an ounce earlier this week, indicative of a broad appetite for hard stores of value. That parallel has only heightened comparisons between the metal and bitcoin.

“Bitcoin has matured beyond being just a speculative asset and is widely recognized as a store of value and a hedge against currency debasement, fiscal instability, and geopolitical risk,” said Vikrant Sharma, CEO of Cake Wallet, in a Telegram message.

“Volatility has reduced but not disappeared, which is understandable for an asset just over a decade old. The narrative has shifted: it’s now a strategic allocation rather than just a speculative asset,” he added.

Sharma added that periods of low volatility often precede major price moves. “A $100,000 plus floor makes Bitcoin feel less like a high-beta trade and more like a global reserve asset in the making,” he said.

Despite headwinds, Bitcoin’s dominance has remained firm. It still commands approximately 60% of the total crypto market capitalization, helping to stabilize sentiment even as altcoins have swung sharply.

“Despite recent market volatility, Bitcoin has demonstrated remarkable resilience, dropping only 3% while maintaining its 60% dominance,” said Nassar Achkar, Chief Strategy Officer at CoinW, in an email.

“The Fed’s potential rate cuts later this year, combined with ongoing institutional adoption via ETFs and digital asset tokens, continue to provide strong fundamental support. That said, traders should remain cautious of shifting policies which may drive near-term fluctuations,” Achkar added.

The mixed outlooks come amid market fragility heading into September, historically crypto’s weakest month.

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September 5, 2025 0 comments

GameFi Guides

Bitcoin’s Price Is Flat, but the Hash Rate Just Hit a Record High

by admin September 4, 2025

In brief

Bitcoin’s single-day hash rate—a measurement of computing power—hit an all-time high of 1.279 on Tuesday.
The hash rate also reached a moving average record for seven days.
Miners, who work to secure Bitcoin’s network, have faced various challenges.

Bitcoin‘s single-day hash rate on Tuesday hit a new high of 1.279 zettahash per second (ZH/s), according to mining data platform CoinWarz, even as the price of the asset remained roughly flat over the past 24 hours.

The hash rate also reached a moving average high for seven days, surpassing 1 ZH/s for the period.

The increases come, despite miners ongoing struggles with rising energy costs and lower rewards. After last year’s halving, the payoff for miners has fallen to 3.125 bitcoin, down from 6.250 previously.

Miners typically rely on the price of Bitcoin to go up to cover costs but continued volatility for the asset has spurred some large miners to branch into high-powered computing.

Hash rate is the measurement of all the computing power on the leading cryptocurrency’s network.

Hash computations—or hashing—is the process of turning data into a fixed-length string of characters. It’s needed to do things on the Bitcoin network, like creating private keys so users can make transactions.

1 ZH/s means that per second, the computers securing the Bitcoin network are doing one sextillion (1,000,000,000,000,000,000,000) hashes every second—an absurdly large number.

Bitcoin, other than being a digital coin, is a payment network with operations processing transactions scattered worldwide.

The operations processing transactions—known as miners—race to solve puzzles and are rewarded for doing so. In order to take part, they must use huge amounts of computing power.

A high hash rate is important because it means more computing power is being used to keep the cryptocurrency’s network secure. And the more computing power used, the harder it is for attackers to take control of more than 50% of the Bitcoin network.

It also means there is more mining activity on the network as miners expand their operations and use more machines—and power—to continue minting coins.

Bitcoin miners are typically large operations run by companies in warehouses that use lots of electricity to process transactions on the virtual coin’s network and mint new coins.

The aggregate hash rate for the world’s largest digital asset was previously concentrated in China. Following the country’s ban on Bitcoin mining in May 2021, companies were forced to move elsewhere to set up their operations.

Since then, North America has become the most dominant player in the Bitcoin mining space.

https://twitter.com/pete_rizzo_/status/1962937690397012252

The increased seven-day hash rate comes as miners wrestle with rising energy costs and lower rewards. After last year’s halving, the payoff for miners is 3.125 bitcoin, down from 6.25 previously.

Miners typically rely on the price of Bitcoin to go up to cover costs but continued volatility for the asset has spurred, some large miners tobranch into high-powered computing.

Bitcoin was recently trading for $111,985 per coin, according to CoinGecko data, unmoved over 24 hours. The coin has also barely budged over a seven-day period, but it hit a new high of $124,128 in August.

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September 4, 2025 0 comments

NFT Gaming

Can institutional support battle rate pressure?

by admin September 3, 2025

Summary

XRP is hovering around $2.85, struggling to gain traction as macroeconomic uncertainty weighs across crypto.
Institutional demand is igniting optimism—CME XRP futures have topped $1 billion in open interest, signaling renewed faith from institutional players.
However, bullish momentum remains fragile as the U.S. Federal Reserve’s shifting outlook on interest rates dampens sentiment.

XRP is trading just below the $2.85 mark after slipping in line with a broader crypto pullback. The token is consolidating inside a narrow range, caught between surging institutional demand and persistent macroeconomic headwinds.

Whether futures-led optimism can outweigh the dampening effect of U.S. Federal Reserve uncertainty will likely decide XRP’s next move.

Because the pattern’s resolution might decide whether XRP’s next significant move is toward new highs or back into deeper correction territory, traders and investors are keeping a careful eye on this setup.

XRP price prediction: current market conditions

At the time of writing, Ripple (XRP) is priced around $2.95, down roughly 5% over the past 24 hours. The token has been consolidating for several sessions within a well-defined band, with support at $2.85 and resistance at $3.05–$3.10.

XRP 1d chart, Source: crypto.news

This tight trading zone reflects a classic setup: buyers have repeatedly defended the lower boundary, while sellers continue to reject upward pushes near $3.10. Volume has cooled, indicating that traders are in a wait-and-see mode ahead of a decisive breakout.

Institutional support keeps bulls engaged

A surge of institutional activity has strengthened the bullish case for XRP. CME’s XRP futures recently surpassed $1 billion in open interest, the fastest milestone ever for a new crypto contract. Analysts note that the pace outstrips early adoption of both Bitcoin and Ethereum derivatives, a sign that XRP is being embraced by hedge funds and trading desks as a serious large-cap asset.

Speculation about a spot XRP ETF has added further fuel to the narrative, with some forecasting that regulatory clarity could unlock additional demand from pensions and asset managers. If XRP can break above $3.10, analysts see short-term upside toward $3.30–$3.40, with longer-term projections stretching as high as $5.00.

Interest-rate pressure clouds sentiment

Despite institutional flows, XRP remains vulnerable to macro forces. The Federal Reserve’s shifting stance on interest rates has created uncertainty across risk assets, with fading hopes for aggressive cuts weighing heavily on crypto markets.

Broader market weakness, led by Bitcoin and Ethereum, has also curbed enthusiasm. If sentiment deteriorates further, XRP’s ability to hold support could come under pressure. Analysts warn that a breakdown under $2.85 could trigger selling toward $2.66 and $2.50, with the possibility of deeper declines if macro headwinds worsen.

XRP price prediction based on current levels

XRP HTF support and resistance levels, Source: Tradingview

XRP’s immediate key range remains $2.85 to $3.10.

Breakout above resistance → bullish continuation to $3.30–$3.40, with institutional demand creating room for further expansion toward $5.00.
Breakdown below support → bearish pressure aiming for $2.66 and $2.50, confirming that macro factors are outweighing institutional optimism.

The current XRP outlook is cautiously neutral. Institutional adoption is stronger than ever, but interest-rate policy shifts continue to cap momentum. The expectation is for volatility to rise as this tightening range resolves in the coming sessions, setting the tone for September’s trend.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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September 3, 2025 0 comments

Crypto Trends

Saylor’s Strategy Increases Dividend Rate After Massive BTC Buy

by admin September 2, 2025

Strategy (formerly MicroStrategy), a leading business intelligence firm, has made a juicy raise on its dividend rate as it continues to expand its Bitcoin treasury strategy. The move, disclosed by the firm’s chairman, Michael Saylor, in a recent X post, has stirred reactions from the crypto community.

According to the post, Saylor announced that Strategy has increased its annual dividend rate from 9.0% to 10.0% on September 2nd. This signals impressive growth in the company’s operational and financial performance, fueling strong investor confidence.

Strategy buys another 4048 BTC

With further data provided by the source showing that STRC has seen its price surge to $97.75, the firm has increased its annual dividend to 10% ahead of its next payout date scheduled for September 30, 2025.

Moreover, the stock has seen its market capitalization hit a massive $2.74 billion as the firm remains committed to expanding its financial operations while boosting the value of STRC via its crypto engagements.

While the reason behind the increase in the STRC dividend rate was not clearly stated by the company, commentators have attributed the development to Strategy’s massive BTC winnings.

Just a few hours earlier, Saylor had taken to X to confirm another major BTC purchase by Strategy. The firm had acquired a massive 4,048 BTC worth about $449.3 million. While the massive BTC buy was made at an average price of $110,981 per BTC, the firm has seen its year-to-date BTC yield surge to 25.7%.

Solv Protocol integrates Chainlink to secure SolvBTC rate feed on Ethereum

by admin September 1, 2025

Solv, a protocol for decentralized finance on Bitcoin, has integrated with Chainlink to power a new Secure Exchange Rate feed for its token SolvBTC on Ethereum.

Summary

Solv Protocol will tap into Chainlink’s Proof of Reserves to ensure secure pricing logic for its wrapped Bitcoin asset.
The Secure Exchange Rate feed allows DeFi protocols to leverage SolvBTC in onchain lending.

Solv Protocol is tapping into Chainlink (LINK)’s proof of reserves solution to bring a new SolvBTC-BTC Secure Exchange Rate feed to the Ethereum (ETH) network, Chainlink announced on Monday.

As well as Chainlink’s PoR, Solv Protocol will leverage its own institutional-grade Bitcoin (BTC) finance infrastructure to enable real-time collateral verification for SolvBTC-BTC.

The collaboration sees Solv now offer real-time proof of reserves for its wrapped BTC asset, allowing for a reliable and tamper-resistant redemption rate for decentralized finance protocols that offer onchain lending with SolvBTC assets. Ethereum has the leading DeFi market ecosystem, led by platforms like Aave.

“We’re excited to see Solv set a new benchmark for wrapped asset transparency with the launch of the Secure Exchange Rate feed powered by Chainlink Proof of Reserve. By combining real-time collateral verification with exchange rate logic, this solution delivers a redemption rate rooted in cryptographic truth, raising the security standard for wrapped assets across DeFi,” Johann Eid, chief business officer at Chainlink Labs

Solv adds secure mint feature

The Secure Exchange Rate feed uses built-in upper and lower bounds from PoR data, making the feed resistant to price manipulation.

Also powering the Secure Exchange Rate feed is Chainlink’s cross-chain interoperability protocol to enable multichain access. Lending protocols like Aave can tap into this verified SolvBTC-BTC rate for transparent collateralization and underwriting.

Solv Protocol is also leveraging Chainlink’s Secure Mint feature to ensure minting of the wrapped BTC asset only occurs when there are sufficient reserves of Bitcoin for 1:1 backing.

Solv boasts over 25,000 BTC staked and more than $2.5 billion in total value locked, with the Bitcoin staking platform’s features also including lending and yield vaults. The team recently launched the BTC+ vault, a Bitcoin yield vault designed to help holders unlock yield with their idle Bitcoin.

BTC+ aggregates capital and deploys it across yield-generating strategies such as staking, basis arbitrage, and onchain credit markets.

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September 1, 2025 0 comments

GameFi Guides

Fed’s Waller Pushes for Rate Cut, Impact on Crypto?

by admin August 29, 2025

In a speech in Miami on Thursday, Federal Reserve Governor Christopher Waller voiced his support for an interest rate cut in September, saying he would entertain a bigger move if labor market data continues to weaken.

“Based on what I know today, I would support a 25 basis point cut at the Committee’s meeting on September 16 and 17,” Waller said during the speech.

Waller is considered to be on the short list of potential replacements for Fed Chair Jerome Powell next year and was one of two Fed governors to dissent from the July FOMC decision to hold benchmark interest rates steady.

Crypto reversal imminent?

The crypto market saw fresh selling pressure in the early Friday session amid hotter than expected inflation data.

Major cryptocurrencies fell, with Bitcoin dropping nearly 5% to trade near $108,000. XRP, Dogecoin, Stellar (XLM), Shiba Inu, Cardano (ADA) and Chainlink (LINK) reported losses between 4% and 8%.

Best Heart Rate Monitors (2025), WIRED Tested and Reviewed

by admin August 25, 2025

FAQS

We tested and recommend all of the heart rate monitors below, which do a pretty impeccable job. But what do all these terms mean?

Heart rate zones: If someone tells you they’ve been doing 80/20 training, they’ve been doing heart rate zone-based workouts. Heart rate zones are an easy way to break down your range of effort during exercise. Zones go from 1 to 5, with 5 indicating working at 90 to 100 percent of your maximum heart rate. Zone 2 represents training at 60 to 70 percent of maximum heart rate and represents light training. 80/20 training is intended to build endurance and means that 80 percent of your runs should be in Zone 2. If your heart rate monitor doesn’t tell you your zone, you can calculate it using Polar’s simple tool.

Maximum heart rate: Some monitors can inform you of your maximum heart rate, which is the number of beats your heart can reach during exercise. This is useful for knowing when you’re training at peak intensity and can be used to create heart rate zones. Factors like your age and fitness level can influence what that maximum heart rate will be. You can generate an estimate of your maximum heart rate by simply subtracting your age from 220 and use that at a starting point.

VO2 max: The term VO2 max stands for maximum rate of oxygen your body can consume during exercise; the higher the better. It provides a useful indicator of your ability to sustain intense effort for long periods. Calculating this accurately is done in lab conditions, so heart rate monitors and watches often use their own algorithms to approximate that lab testing.

Heart rate variability: Heart rate variability measures the intervals between heart beats and is measured in milliseconds. High HRV readings are considered better than lower ones, because it means that the body is responding in a resilient way to stress. However, your HRV readings can differ widely from one person to another because they can be influenced by age, fitness level, or even when the measurement was taken.

Resting heart rate: This is the number of times your heart beats in one minute when at rest, which is a simple indicator of your current level of cardiovascular fitness and general well-being. Typically, your heart rate is supposed to sit anywhere from 60 to 100 bpm at rest. A low resting heart rate is associated with athletes, because the heart has been trained to be more efficient. But an uncharacteristically low or high RHR could mean that something is not quite right.

Calories burned: A heart rate monitor looks at your effort based on your heart rate and uses the company’s own algorithms to offer an indicator of how many calories you’ve burned during a workout. Heart rate is one of the strongest, if not the strongest indicators of effort, which means a heart rate monitor is one of the most accurate ways to get this information.

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August 25, 2025 0 comments

NFT Gaming

Fed Rate Cut Hopes May Backfire On Crypto

by admin August 24, 2025

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

Market confidence over a possible Federal Reserve rate cut has pushed crypto prices higher in recent days, but analysts warn that the mood could flip quickly.

According to Santiment, social chatter around the words “Fed,” “rate,” and “cut” has hit an 11-month high, a surge that has historically signaled overly bullish crowd behavior and increased the risk of a sharp pullback.

Social Euphoria Raises Red Flags

Santiment analyst Brian pointed to a classic market pattern: buy the rumor, sell the news. He noted that while ether led recent gains and bitcoin showed strength, the spike in mentions tied to Fed policy may have pushed sentiment toward euphoria.

Positive funding rates and rising chatter can lift prices, yet they also make markets more fragile. When a single theme dominates conversations, history shows that tops can form faster than many expect.

On-chain data add fuel to the Fed caution. Reports show that exchange-held bitcoin has climbed by roughly 70,000 coins since early June, reversing a long-term trend of withdrawals to cold storage.

According to Santiment, that shift could leave more supply ready to hit the market if sentiment turns. At the same time, daily active addresses and transaction volumes have slipped from prior levels, which leaves some core utility indicators looking muted rather than robust.

Bitcoin is currently trading at $114,624. Chart: TradingView

Bitcoin Technicals Suggest Short-Term Risk

Technically, bitcoin traded around $117,000 as it tried to reclaim the $120,000 mark. Fibonacci analysis places the 0.382 retracement at $114,355, a level already under pressure.

If selling intensifies, downside targets near $108,200 and $103,800 become plausible. The daily chart shows a breach of an ascending trendline and a failed attempt to stay above the supply zone near $120,000, which means risk management is prudent for anyone carrying large positions.

Ethereum Faces Profit-Taking Risk Despite Momentum

Funding rates and MVRV readings add to the careful tone. Based on reports, bitcoin’s long-term MVRV stands at +18.5%, a level that suggests moderate risk for new long-term buys. Positive funding rates indicate that traders are leaning long, so that needle could swing quickly when a catalyst reverses.

Ethereum’s price action looks healthier, trading near $4,755 with a crucial support zone around $4,550. Santiment flagged the short-term MVRV at roughly +15%, a level often seen as a danger zone for altcoin retracements, while the long-term MVRV at +58% points to elevated potential for profit taking.

Featured image from Getty Images, chart from TradingView

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August 24, 2025 0 comments