FED Chair Jerome Powell spoke at Jackson Hole on August 22, addressing rate cuts, inflation, and the labor market. Powell’s Friday appearance turned out to be a bonanza for intraday stock traders and crypto investors, as both the NASDAQ and major cryptos surged after he hinted at a possible September rate cut. Powell noted that the balance of risks is shifting in the U.S. economy. While inflation remains a concern for the Fed, the latest labor market data is now a bigger worry. Job growth, for instance, has slowed dramatically: from 168,000 new jobs in 2024 to just 35,000 in the latest figures. At the same time, unemployment has held steady at 4.2%. This slowdown is partly due to reduced demand and supply in the job market, temporarily influenced by weaker immigration flows. Powell warned that the labor market remains in a delicate position, and a wave of layoffs could make conditions worse. Read on as we unpack Powell’s September rate cut hint, what’s driving it, and how you can ride the brewing risk-on sentiment among investors by loading up on the best cryptos to buy now. Powell’s Rate Cut Hint Could Spark the Next Crypto Rally Inflation is still around 2.6% to 2.9% above the Fed’s 2% target, largely due to Trump’s tariffs, which are expected to gradually push prices higher. However, the Federal Reserve views this as a one-time bump rather than the start of an inflation spiral. Speaking on interest rates, Powell noted that current levels are now closer to neutral – a zone that neither slows nor boosts the economy – and described the Fed’s stance as a little restrictive. He added that while there’s room for a rate cut, the Fed intends to move carefully based on incoming data. Here’s the kicker now : although Powell didn’t commit to a September cut, he admitted it’s certainly a possibility. Wall Street celebrated the remarks, with the NASDAQ surging 1.39% in just 15 minutes. Crypto markets also rallied, as Bitcoin climbed 4% , once again crossing the $115K mark. Traditionally, rate cuts are bullish for risk-on assets like crypto. Why? Because cheaper borrowing often pushes investors toward alternative ‘high-risk, high-reward’ investments like cryptocurrencies. That’s why the prospect of a September rate cut is being viewed as a potential major catalyst for another broad-based altcoin rally. If you’re looking to cash in on this opportunity, now may be the best time to scoop up promising low-cap, high-upside. To help you out, here are our top picks for the next cryptos to explode . 1. Bitcoin Hyper ($HYPER) – Next-Gen Bitcoin L2 Bringing Fast Transactions & Web3 Compatibility Bitcoin Hyper ($HYPER) is the world’s first Bitcoin Layer 2 solution that brings Solana-like speed and scalability to the Bitcoin blockchain. Despite being the biggest cryptocurrency in the industry, Bitcoin has long struggled with slow transactions, increasing traffic, and zero Web3 compatibility. $HYPER aims to fix this through the Solana Virtual Machine (SVM) integration, which allows developers to execute smart contracts and build dApps on the Bitcoin network – something that was never possible before. At the heart of this ecosystem overhaul is a non-custodial, decentralized canonical bridge. In plain English, it locks up your Layer 1 $BTC and mints an equivalent amount of Layer 2 $BTC tokens. These L2 tokens can then be used for Web3 interactions, including staking, lending, swapping, NFT transactions, DeFi trading, and much more. Once you’re done, simply use the bridge to swap back your L2 tokens for L1 Bitcoin. The $HYPER presale has already gained strong traction, raising $11.53M so far. Even better, this includes sizable institutional investments, with whale purchases of $75K , $54K , $38K , $19.6K , and $13.2K , underscoring big-money interest in the project. Currently priced at just $0.012785 apiece, our $HYPER price prediction suggests it could surge to $0.32 by the end of 2025, delivering a potential 2,400% return. Want in on the project? Here’s a step-by-step guide on how to buy $HYPER . For more information, visit Bitcoin Hyper’s official website. 2. Best Wallet Token ($BEST) – Native Cryptocurrency of a Privacy-First and User-Friendly Crypto Wallet Best Wallet Token ($BEST) is the in-house cryptocurrency of Best Wallet – a multi-chain, non-custodial crypto wallet built with a focus on user security. Here, you hold the private keys, leaving no room for foul play by malicious third parties. On top of that, the app uses Fireblocks MPC security tech, biometric logins, and scam protection to keep your funds safe. One of the most exciting features, though, is the Presale Aggregator section, which helps you load up on the best new meme coins in presale before they hit the mainstream. Plus, being a multi-chain wallet, Best Wallet already supports Bitcoin, Ethereum, Polygon, and BNB Smart Chain, with 50 more blockchains coming soon. This means you won’t have to jump between multiple wallets to manage your crypto portfolio – everything is accessible from one easy-to-use interface. Why buy $BEST ? According to our $BEST price prediction , the token could hit $0.62 by 2026, delivering a potential 2,500% return. Reduced trading and gas fees on the platform Staking rewards, currently yielding 89% Early access to the best crypto presales Voting rights on key project decisions The $BEST presale has been a massive success, to say the least, having already raised over $15M from early investors. Currently priced at just $0.025515 per token, the next price increase is only a few hours away, so this could be your last chance to grab it this low. Check out Best Wallet Token’s official website for more information. 3. Bertram The Pomeranian ($BERT) – A Philanthropic Meme Coin Eyeing New All-Time Highs Bertram The Pomeranian ($BERT) is a Solana meme coin that goes beyond being just another character-driven hype asset. Inspired by Bertram, a famous Pomeranian dog influencer with millions of followers, $BERT is tied to a noble mission of global pet care through WOOFHub. WOOFHub, by the way, is an AI-powered startup dedicated to raising awareness about dog shelters, enabling real-time adoption alerts, and helping with lost pet tracking. It also sells NFC-enabled smart dog collars, allowing owners to keep tabs on their pets’ locations at all times. It’s worth noting that the project has already donated over 5 tonnes of dog food worldwide, further reinforcing its socially conscious mission. On the market side, $BERT recently hit a $70M market cap after surging 40% in the past seven days . And it’s now trading at around $0.07095. Its recent listing on BloFin injected fresh liquidity, fueling an 61% spike in trading volume within the last 24 hours alone. Combined with strong technicals, including a robust MACD histogram and neatly stacked, fanning EMAs, $BERT looks poised to extend its parabolic bull run in the weeks ahead. Conclusion Fed Chair Jerome Powell has delivered positive signals for the U.S. economy, from slowing inflation and historically low unemployment rates to a relatively neutral stance on interest rates. Most notably, he hinted at the possibility of an interest rate cut in September, which helped propel both the NASDAQ and crypto markets higher. If you want to ride this bull run, utility-driven tokens like Bitcoin Hyper ($HYPER), Best Wallet Token ($BEST), and $BERT could be among your best bets. That said, remember that crypto markets are highly volatile and subject to significant risks. Always do your own research before investing. This article is not financial advice.
Canada removes tariffs on U.S. goods by September 1, 2025, under CUSMA, restoring free trade for most covered goods and aiming to boost cross‑border investment and supply‑chain cooperation while limiting
Stellar price surged after a three-hour golden cross—its 9-period moving average crossed above the 26-period moving average—driving a short-term bullish run. XLM bounced from $0.4103 to trade near $0.4132, backed
Bitcoin’s price has been retracing after setting a new all-time high above $124K. However, following yesterday’s Federal Reserve announcement regarding a possible interest rate cut, the market found support at a key level and bounced. If this zone continues to hold, BTC could be primed for another upward rally. By Shayan The Daily Chart On the daily chart, Bitcoin has recently broken below its long-term ascending channel, signalling a potential trend reversal. Yet, with the likelihood of an upcoming interest rate cut, the price has rebounded strongly from the $110K support zone, which also aligns with the 100-day moving average. At the same time, the RSI is hovering near 50, reflecting market indecision and neutral momentum. As long as the price remains beneath the lower boundary of the broken channel, the risk of a deeper decline, with the 200-day moving average being a potential target near the $100K area, persists. However, if the current rebound gathers strength, a rally toward the $130K region and possibly higher remains a likely scenario. The 4-Hour Chart The 4-hour chart highlights the recent price action with more clarity. As soon as Bitcoin touched the $112K support, which aligns with the major low from early August, the market reacted sharply to the interest rate news, triggering a nearly vertical rally toward the $117K resistance zone. While momentum currently favors the buyers, the $117K level remains a key hurdle. If this resistance holds, the price could easily retreat back to the $112K support level or even lower. A decisive breakdown of this support zone would likely trigger a wave of long liquidations, potentially driving the market down toward the critical $100K level, which is the make-or-break area for the broader uptrend. Onchain Analysis Funding Rates Bitcoin’s funding rates have remained consistently positive for an extended period, showing that the derivatives market continues to lean toward bullish positioning. While there have been small liquidation phases along the way, these corrections have not shifted the overall bias, as the futures market sentiment is still positive. What’s notable is that the magnitude of the current funding rates is nowhere near the extreme peaks observed during previous major price tops. This suggests that the market is not yet overly overheated, leaving room for the bullish trend to continue potentially. However, in a positive funding environment, the risk of a liquidation cascade always lingers. If key support levels break, long traders could be forced out rapidly, intensifying the downside move and triggering a sharp correction. The post Bitcoin Price Analysis: This Key Resistance Stands in BTC’s Path Toward New ATH appeared first on CryptoPotato .
TL;DR It happened with BTC and with XRP – is it time for investors to look into the possibility of securing some profits after ETH also charted a new all-time high? In this article, we will also show you which entities are selling ETH and who is buying. Hint: the US President is involved. ETHUSD. Source: TradingView Has the Time Come? The chart above paints a picture worth a million dollars. It shows how ETH, which was once among the poorest performers in 2025, turned the tables and skyrocketed from under $2,200 marked on June 23 to an all-time high of $4,900 two months later, on August 22. From a percentage perspective, this mindblowing rally represents a 130% surge in roughly 60 days. A lot changed for Ethereum along the way. Investors went wild for its underlying asset, which is evident from the massive inflows in the ETH ETFs as well as the growing number of tokens purchased by many Ethereum treasury companies. But, still, the essential question for ETH investors has popped up – has the time come to sell (at least some portions)? #ETH is up over 100% after one month Now is a good time – Realise BIG profits! Gave you ETH to buy low, and now sell high Many will regret in the next weeks.. https://t.co/f87L1Ov4bi pic.twitter.com/QiXSS9dT1c — Doctor Profit (@DrProfitCrypto) August 23, 2025 Doctor Profit seems to think so. The self-described “elite trader, master of x100” believes ETH investors should realize “BIG” profits. This wouldn’t be a surprise in the crypto market. Recall that profit-taking went through the roof for both XRP and BTC in July and August as the assets charted new all-time highs of their own. Matrixport has apparently adopted Doctor Profit’s approach, as several of the company’s wallets have made substantial deposits into Binance and OKX, with the most likely intention of selling $450 million worth of ETH. Multiple wallets linked to #Matrixport deposited 95,873 $ETH ($452M) into #Binance and #OKX over the past 3 hours. https://t.co/NKiO55cVOy https://t.co/U8AXgsVjSW pic.twitter.com/DFEJatM4LA — Lookonchain (@lookonchain) August 23, 2025 But They Are Buying In contrast to the above is the approach undertaken by this Bitcoin OG , who sold large BTC portions only to buy ETH spot and open long Ethereum positions. The mysterious wallet has only doubled down on their ETH position since yesterday. This Bitcoin OG deposited another 300 $BTC ($34.86M) into Hyperliquid to sell for $ETH an hour ago. He’s up $100M+ in unrealized profits: Holding a 135,265 $ETH ($581M) long at $4,295 avg entry, up $58M. Bought 122,226 $ETH ($535M) spot at $4,377 avg, up $42M.… pic.twitter.com/oSQcHLNfap — Lookonchain (@lookonchain) August 23, 2025 Let’s also not forget that the Trump family’s World Liberty has continued to accumulate ETH, even as the asset’s price skyrocketed yesterday. According to Lookonchain, the team spent $5 million USDC to acquire an additional 1,076 ETH. Obviously, the question of whether it’s time to sell is a very personal one and it depends on the investor’s current financial situation and risk appetite. But, if you want to read more about when it’s actually a good time to sell any asset, including ETH, you can check this guide . The post Controversial Take: Is It Time to Sell ETH After 130% Surge in 2 Months? appeared first on CryptoPotato .
A crypto market rally is underway, with Ethereum price jumping to a record high and the market capitalization of all tokens retesting the $4 trillion milestone. Bitcoin is hovering at $116,000, while tokens like Pudgy Penguin, Arbitrum, and AAVE are leading with over 15% gains. Crypto market rally sparked by Jerome Powell speech The ongoing crypto market rally was sparked by Jerome Powell who had a closely-watched speech at the Jackson Hole Symposium in Wyoming on Friday. This speech came at a difficult time for the US economy, with data showing that it is teetering on the verge of a stagflation. The labor market has cooled, with the unemployment rate ticking upward, reaching 4.2% in July. The BLS downgraded the previous month’s two reports and indicated that the economy created just 35k jobs in June and May. It added 73k jobs in July, a figure that will come down in the next revision. US inflation, especially in the producer side, is also ticking upwards and recently jumped to 3.7%. The core CPI, which excludes the volatile food and energy prices, rose to 3.1%. S a result, faced with these numbers, the central bank has a choice to make. It can cut interest rates with the goal of boosting the labor market, a move that would risk inflation rising. On the other hand, the bank can decide to maintain higher rates and hope that inflation will come down. The challenge is that this inflation is not organic, rather, it is an artificial one caused by Donald Trump’s tariffs. In his statement, Powell leaned on the former side and noted that his focus in the next meetings will be to safeguard the labor market. He said: “Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance. This unusual situation suggests that downside risks to employment are rising. And if those risks materialize, they can do so quickly in the form of sharply higher layoffs and rising unemployment.” Crypto sentiment was weak before his speech The crypto market rally happened as investors now believe that the Fed will cut interest rates in the September 17 meeting. Cryptocurrencies and other risky assets do well when the Fed is cutting interest rates. However, there are chances that the crypto market rally would happen even if he had delivered a highly hawkish statement. That is because market participants expect the bank to ultimately cut interest rates either later this year or in 2026 when Trump replaces Jerome Powell. Also, the market sentiment was weak before the speech. Bitcoin was down from the all-time high of $124,200 to a low of $112,000 and Ethereum moving much lower. As such, chances are that market participants would have bought the dip. This is the opposite of buying the rumor and selling the news. Read more: BTC shoots past $116K on macro optimism; altcoins OKB, MORPHO lead weekly gains What next for cryptocurrencies? The most likely scenario is where the crypto market continues the ongoing rally. That’s because there are still catalysts that will push it higher in the longer term. In addition to the potential interest rate cuts, there is strong demand from investors as evidenced by the rising ETF inflows and the rising number of crypto treasury companies. Further, top cryptocurrencies like Ethereum and Bitcoin have formed bullish chart patterns. Most importantly, the SEC will approve spot crypto ETFs later this year, boosting their prices. The post Crypto market rally: Why did BTC and altcoins jump after Powell’s speech? appeared first on Invezz
Seven asset managers, led by Grayscale and Bitwise, filed revised S‑1 amendments for an XRP spot ETF with the SEC after regulator feedback. The amendments allow creation/redemption in XRP or
Harvard economist Kenneth Rogoff has admitted he got bitcoin and crypto wrong ten years ago, warning a coming dollar “crisis" could propel crypto higher...
Ethereum price is surging as large-scale whale accumulation and strong trading volumes push ETH toward new all-time highs; a Bitcoin whale converted roughly $34.8M into ETH, adding to existing long
Jerome Powell, the Federal Reserve Chairman who might be serving his last months at the helm of the central bank, addressed the nation yesterday and showed a cautious pivot in the institution’s monetary policy. The financial markets, including crypto, quickly picked up his words as promises that there would be an interest rate cut as soon as September. Polymarket Agrees Given its success rate of over 90% in the past, Polymarket has become among the most reputable websites for different types of bets, including interest rate cuts. The odds for such reductions to be made as soon as September shot up in early August from 35% to almost 80% following some positive reports about the state of the US economy. However, they started to decline in the following weeks, especially after the hotter-than-expected PPI data from last week. The culmination was yesterday, when the odds plunged to 57% ahead of the highly anticipated speech by the Fed Chair from Jackson Hole. Fed Rate Cut Odds for September Although he failed to provide any precise details on when a rate cut will occur, he offered mild hints about a potential pivot in the central bank’s monetary policy. All financial markets reacted immediately. Crypto didn’t disappoint as ETH and BNB skyrocketed to new all-time highs, while BTC rose from under $112,000 to over $117,000 before correcting slightly. The focus is now on next month’s FOMC meeting, which will reveal whether Powell indeed intends to implement a rate cut, a move that US President Donald Trump has urged for months. The odds on Polymarket are in favor of such a rate reduction, as they jumped to 78% for a 25 bps cut. Impact of Powell’s Speech CryptoPotato spoke with Marcin Kazmierczak, co-founder of RedStone, about the impact of Powell’s comments and what investors can expect now. “While he opened the door to potential rate cuts, his emphasis on tariff-driven inflation and careful evaluation suggests the Fed won’t rush into aggressive easing. This measured approach creates an interesting dynamic for risk assets like Ethereum.” ETH has indeed performed better than BTC in the hours after the meeting, which could be a first sign of what is to follow. Bitcoin has already tapped new all-time highs several times this year, while Ethereum just managed to do so yesterday. Consequently, Kazmierczak seemed more bullish on the second-largest digital asset. “Looking ahead, if the Fed does initiate a modest easing cycle while maintaining its data-dependent approach, this could provide the final catalyst for ETH to break through the $4,800-$5,000 resistance zone and establish new all-time highs.” However, Kazmierczak also cautioned that Powell’s “careful tone” could indicate that any rally will need to be “supported by continued fundamental adoption rather than purely monetary policy speculation.” The post September Rate Cut Odds Surge After Powell, What’s Next for BTC and ETH? appeared first on CryptoPotato .