FED Chairman Jerome Powell will present the “Semi-Annual Monetary Policy Report” to the House Financial Services Committee yesterday and today. Powell, who made his first presentation yesterday, made important statements on many topics from interest rate cuts to cryptocurrencies. Accordingly, the FED Chairman stated that inflation would increase in the coming months due to tariffs, but added that he supports interest rate cuts later this year. Related News: FED Chairman Jerome Powell's Speech Text Released! What Did He Say About Interest Rate Cuts? - Donald Trump Had Harsh Words for Powell! At this point, Powell stated that tariffs will have an impact on inflation in the summer months, and that this impact could be short-lived or long-lived. “The FOMC's obligation is to keep long-term inflation expectations firmly anchored at 2% and to prevent a one-time increase in the price level from becoming a continuing inflation problem,” Powell said. Powell said the economy has plenty of room to cut interest rates if needed. Powell said current interest rates are high enough to warrant rate cuts, but he said they are prepared to take action if the impact of income and tariffs is short-lived as data suggests. “We think we will start to see the impact of tariffs on inflation in the summer months, in the June and July data. We may see that inflation is not as strong as we expected and that tariffs do not affect inflation much. If this happens, we can start reducing interest rates earlier. On the other hand, if we see inflation coming in higher or the labor market remains strong, then we will probably act later. However, the majority of Fed members think that interest rate cuts should be made towards the end of the year.” FED Has No Authority Over Cryptocurrency! FED Chairman Jerome Powell also spoke about Bitcoin (BTC) and cryptocurrencies. At this point, Powell stated that the FED cannot and will not request authorization to purchase crypto. Powell added that the Fed cannot legally purchase cryptocurrencies and is not considering seeking such authority. However, he stated that banks can offer cryptocurrency services as long as security is ensured and are free to operate in this field. In addition to his crypto statements, Powell stated that the dollar will continue to be the reserve currency for a long time. *This is not investment advice. Continue Reading: FED Chairman Jerome Powell Talked About Interest Rate Cuts and Cryptocurrencies! "Will They Buy Bitcoin (BTC)?" He Answered the Question!
Negative funding rates on Binance hint at Bitcoin's potential price increase. Market dynamics show an unusual dominance of short positions. Continue Reading: Bitcoin’s Future May Soar Despite Negative Expectations The post Bitcoin’s Future May Soar Despite Negative Expectations appeared first on COINTURK NEWS .
After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors a possible roadmap of where the cryptocurrency is headed next and where to start buying for maximum gains. Next Course Of Action After Crash Following the Bitcoin price crash, Astronomer pointed out that the price had fallen below the expected close. However, it seems that the decline was not completely over, as there could be another final drop. This could come after the market reversal that has taken hold over the last few days, presenting another buy opportunity. Related Reading: XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold From here, the crypto analyst explains that there could be a reversal toward the $95,000 level, and also a possibility of a bounce toward $110,000. As a result of this, the next area of action that investors could start buying from is placed at the $97,000 level, but the price could go lower. Astronomer explains that weekend lows are usually taken out, and with this weekend low still above $97,000, the price could revisit this territory. Nevertheless, the analyst explains that those who have been sidelined throughout the rally, or those who want to begin getting into the market, the Bitcoin price at around $97,000 is a good place to start. In addition to the current market factors, the analyst also points to sentiment and geopolitics as supporting the analysis. “It’s a shame we have to take advantage of blood being shed, from what’s happening in the world, but also from the bears soon at the end of this dip,” the analyst said. Where Is The Bitcoin Price Headed? With the announcement from US President Donald Trump that Israel and Iran have agreed to a ceasefire, the market has already seen a recovery, with the Bitcoin price rallying to $106,000 initially. This has already triggered a turn in the sentiment from Fear back to Greed as investors begin piling in again. Related Reading: Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season In a subsequent post, Astronomer explains that missing out on the buy below $97,000 is no cause for alarm. But cautions against buying now due to fear. The analyst explains that such a move is not advisable as it could lead to losses, as buying during high euphoric times is not advisable. Given this, it is likely better to wait for a correction before going into the market. “Buying higher now during high euphoric times (especially locally), is a worse idea,” Astronomer warned. “Create good habits, create a solid plan, and stick to both.” Featured image from Dall.E, chart from TradingView.com
The US Federal Reserve has announced a significant change that affects crypto positively in its examination framework for banks by removing “reputational risk” from its supervisory guidelines. This update, detailed in a release on Monday, is intended to make bank assessments more transparent by focusing on concrete financial risks rather than subjective or image-based concerns. The revision is seen as a potential step forward for crypto asset firms, which have frequently reported being denied access to banking services due to perceived reputational concerns. According to the Federal Reserve, this policy update is aimed at reinforcing the quantitative and qualitative aspects of how banks manage risk, without undermining the central bank’s expectations for safety, soundness, or regulatory compliance. The board clarified that while reputational risk will no longer be part of formal supervision criteria, banks are still free to consider it within their internal risk frameworks. Implications for Crypto and the End of ‘Debanking’? The elimination of reputational risk from federal bank supervision comes after growing pressure from lawmakers and industry participants who argue that digital asset firms have been unfairly excluded from essential financial services. The crypto industry has long faced hurdles in establishing reliable banking relationships, particularly after the 2022 collapse of FTX, which led to heightened regulatory scrutiny . Many in the industry cited instances where banks severed ties with crypto businesses under the justification of reputational risk, a process sometimes referred to as “debanking.” The situation intensified amid claims of coordinated efforts by US regulators to discourage banking relationships with crypto firms, a scenario dubbed “Operation Chokepoint 2.0” by Castle Island Ventures co-founder Nic Carter. The term draws from a similar initiative a decade ago, where regulators allegedly pressured banks to cut off services to legally operating but politically sensitive sectors. The Federal Reserve’s latest move aligns with recent actions by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), both of which have also taken steps to remove reputational risk considerations from their oversight procedures . Legislative Support and Industry Response The decision by the Federal Reserve has been welcomed by key political figures, including Wyoming Senator Cynthia Lummis, a vocal supporter of digital assets. In a recent post on X, Lummis called the policy change “a win,” but emphasized that further work is needed to create a stable and fair banking environment for all industries, including crypto. In February, I exposed the Fed’s aggressive reputation risk policies that assassinated American bitcoin & digital asset businesses.Today, the Fed announced it will scrap reputation risk as a factor in its bank supervision. This is a win, but there is still more work to be done. https://t.co/AOZSr0IFcp pic.twitter.com/1FtsIcNJsI — Senator Cynthia Lummis (@SenLummis) June 23, 2025 The policy shift also follows a bill introduced in March by Senate Banking Committee Chair Tim Scott aimed at codifying the exclusion of reputational risk from bank examinations. While this change doesn’t automatically open the doors for crypto firms to access banking services, it signals a shift in tone that could lead to greater financial inclusion for digital asset companies. If implemented consistently, this revision could also encourage banks to re-evaluate previously halted partnerships and explore new service models that incorporate blockchain and digital asset technologies in a compliant and structured manner. Featured image created with DALL-E, Chart from TradingView
The cryptocurrency market is showing strong bullish signals as Bitcoin, Ethereum, and XRP experience significant price surges amid geopolitical tensions and strategic institutional inflows. Investor confidence is bolstered not only
Trump Media and Technology Group Corp has officially filed to list a new Bitcoin and Ethereum ETF on NYSE Arca, marking a significant move in crypto investment accessibility. The proposed
Polymarket, a crypto-based prediction market platform , is on the verge of closing a $200 million raise that would value the company at $1 billion, according to a recent report from Reuters . Key Takeaways: Polymarket is nearing a $200M raise at a $1B valuation led by Founders Fund. Despite bans and an FBI raid, the platform continues to grow and attract major backing. With over 21,000 open markets, Polymarket has become a global hub for political and economic betting. The raise is being led by Founders Fund, the venture capital firm co-founded by billionaire investor Peter Thiel. The deal would give Polymarket “unicorn” status, a notable milestone for a company that remains inaccessible to U.S. users. Banned and Raided, Polymarket Still Draws Big Money Despite being banned domestically and targeted by federal authorities, including a November FBI search that resulted in the seizure of electronics from founder Shayne Coplan, Polymarket has continued to attract both capital and attention. The new investment follows over $100 million in prior funding, including an undisclosed $50 million round earlier in 2025. It also comes shortly after Polymarket announced a partnership with Elon Musk’s X , aimed at integrating its betting markets with commentary from Grok, X’s AI chatbot. This might be the most unexpected partnership of the year: X just teamed up with Polymarket. The platform that predicted Trump’s win while every poll showed 50–50. But this isn’t just a partnership… It's the death of traditional media. Here’s why it changes EVERYTHING: pic.twitter.com/gh2y2Ho601 — Ricardo (@Ric_RTP) June 7, 2025 Polymarket has made headlines for its rapid growth, especially during the 2024 U.S. presidential election. At its peak in November, trading volume reached $2.5 billion, fueled by speculation on political and geopolitical events. The platform allows users to bet on topics ranging from global conflicts and economic trends to legislation and local politics. Recent markets include predictions on a potential U.S. recession, the odds of Israel striking Iran again, and the likelihood of the stablecoin-focused GENIUS Act becoming law , currently sitting at 87% according to the site. According to its analytics dashboard , Polymarket hosts more than 21,000 open markets, with 1.2 million traders, 20 million open positions, and $700 million in active trading volume. Data from Dune Analytics shows May’s monthly trading volume at $1.1 billion, down from the November peak but still substantial. While its growth has been remarkable, Polymarket also faces regulatory pressure beyond the U.S., with bans or restrictions in France, Singapore, Thailand, Taiwan, Poland, and Belgium. It has also drawn scrutiny over alleged manipulation of outcomes. The firm competes with other prediction platforms such as Kalshi, which is backed by Sequoia Capital and Y Combinator. CFTC Probes Super Bowl Contracts by Crypto.com and Kalshi In March, the CFTC announced that it is reviewing Super Bowl-related prediction contracts offered by Crypto.com and Kalshi Inc. to determine if they comply with federal derivatives laws. Crypto.com introduced its sports event trading product last year, enabling users to make predictions on high-profile events like the Super Bowl. Despite that, the CFTC has expressed concern over whether such contracts qualify as legal derivatives. In January, the agency’s five commissioners voted to initiate a 90-day review of the Super Bowl futures products, effectively extending the probe past the game’s February 9 kickoff. The post Peter Thiel’s Founders Fund Backs $200M Raise for Polymarket at $1B Valuation appeared first on Cryptonews .
BitcoinWorld Cryptocurrency Holders, How to Make $19,800 a Day with DOT Miners As global financial markets continue to be turbulent, many cryptocurrency holders are actively seeking stable sources of income outside of traditional trading. To meet this growing demand, DOT Miners, a fully regulated cloud mining platform, has quickly gained attention with its highly automated passive income model. Data shows that some mining clusters on DOT Miners have daily earnings of up to $19,800, attracting retail and institutional investors seeking stable returns without being affected by market fluctuations. DOT Miners uses global data centers, renewable energy infrastructure and enterprise-level security to provide cryptocurrency holders with a safe, transparent and simplified way to monetize their assets while avoiding the risk of price fluctuations. How to earn passive income with DOT Miners? Sign up now to get a $15 mining reward . Once you have created your account, you can browse a range of mining contracts designed for different investors. Mining contract examples: Beginner miner: Invest $100 and get $107 Entry-level miner: Invest $1,000 and get $1,112.5 Professional miner: Invest $5,000 and get $7,537.5 Top miner: Invest $28,000 and get $50,428 Automatically settle your earnings daily, view your earnings details at any time, and return your principal in full after the contract expires, so you can enjoy passive income with peace of mind! Why choose DOT Miners? At DOT Miners, we make Bitcoin mining simple, safe, and accessible to everyone – whether you are an experienced investor or a cryptocurrency novice. Fully regulated: Strictly abide by international financial regulations. All processes are transparent and auditable, ensuring that you always have full control over your investment. Easy to operate: You don’t need any expensive equipment or technical expertise. With just a few clicks, anyone can start light mining and earn daily passive income. Sustainable Green Energy: Our global mining infrastructure is powered by renewable energy. Our green energy data centers in Northern Europe and Africa ensure stable mining 24/7 while contributing to a more sustainable future. Multi-currency payments: We support multiple cryptocurrencies, including USDT, BTC, ETH, BNB, LTC and XRP, SOL, allowing global investors to easily join and manage mining income. Industry leader support: With the strategic investment of mining giant Bitmain. DOT Miners is well positioned for long-term global growth and continued expansion. Enterprise-grade security: Your digital assets will be protected by enterprise-grade security, including Cloudflare® DDoS protection, EV SSL encryption, and multi-factor authentication. We attach great importance to security, so you can mine with peace of mind. Referral Affiliate Program: Invite friends to register and purchase contracts, and permanently receive a 4.5% commission reward on the amount of your friends’ investment. The more referrals, the higher the income, and it’s easy to create passive income! About DOT Miners DOT Miners is a UK-based cloud mining platform focusing on Bitcoin cloud mining and blockchain infrastructure. The platform has more than 5 million users from more than 100 countries. With the support of industry leader Bitmain, DOT Miners operates in full compliance with regulatory requirements, has strict risk control, and is committed to long-term stable development. In addition to business growth, DOT Miners also actively supports global charity projects focusing on financial education and digital access, empowering the global community to participate in the future of decentralized finance. For more information, please visit: www.dotminers.com This post Cryptocurrency Holders, How to Make $19,800 a Day with DOT Miners first appeared on BitcoinWorld and is written by Keshav Aggarwal
Ohio is poised to become a trailblazer in public sector cryptocurrency investment through the proposed House Bill 18, which aims to integrate digital assets into state funds and retirement portfolios.
Truth Social operator, Trump Media and Technology Group Corp, has filed a Form 19b-4 to list the Truth Social Bitcoin and Ethereum ETF on NYSE Arca. According to a June 24 filing with the U.S. Securities and Exchange Commission (SEC), the ETF, proposed under the ticker symbol B.T., would hold 75% of its assets in Bitcoin and 25% in Ethereum. The product is structured as a commodity-based trust, with Yorkville America Digital named as sponsor and Crypto.com’s affiliated trust entity, Foris DAX Trust Company, acting as custodian for both crypto assets. The ETF aims to provide a simplified, single-ticker exposure to the two largest digital assets by market capitalization. If approved, it would trade on NYSE Arca and offer retail and institutional investors access to spot Bitcoin and Ethereum markets through traditional brokerage platforms. The latest Form 19b-4 submission follows Trump Media’s June 16 announcement that it had filed a registration statement on Form S-1 with the SEC. While the S-1 covers disclosure and structural details required for a public offering, the 19b-4 is a separate procedural step seeking regulatory approval for the product to be listed and traded on a national securities exchange. Both forms are necessary before the ETF can launch. The Form 19b-4 reiterates key elements first outlined in the S-1, including the fund’s passive investment strategy and the use of CME CF benchmark reference rates to calculate net asset value. You might also like: Trump Media files Form S-3 with U.S. SEC over $2.3B raise for Bitcoin treasury According to the filing, the fund’s Bitcoin and Ethereum holdings will be custodied in cold storage by Foris DAX Trust Company, a Crypto.com affiliate. In addition to custody, Crypto.com will also serve as the execution agent and provide staking and liquidity services to support the fund’s operations. With the 19b-4 now submitted, the SEC will begin its formal review process. The Commission has up to 240 days to make a final decision, though an initial response is typically issued within 45 days. With crypto ETFs seeing heavy demand in the U.S., Trump Media has now put forward its second offering. The earlier proposal , filed June 3 via NYSE Arca, seeks to list the Truth Social Bitcoin ETF, a spot product focused solely on Bitcoin, using the same sponsor and custodian as the dual-asset fund. As of now, it remains under SEC review, with the agency’s final decision expected by Jan. 29, 2026, if all extensions are used. Read more: It’s official: Trump Media raises $2.44b to build Bitcoin treasury