Fed Chair Jerome Powell Addresses US Dollar Weakness, Says Markets Are in ‘Unusually Challenging’ Circumstances

The Chair of the Federal Reserve says financial markets are dealing with a unique set of circumstances that may be contributing to dollar weakness. In a recent testimony to the US Senate, Powell tells members of the Senate’s banking panel that while the US dollar appears to be doing better, the Fed has yet to formally form an opinion on the matter. “I would go back to the thought that markets have been digesting an unusually challenging set of circumstances and have reacted the way they reacted. The dollar has kind of stabilized just now, in fact it’s moved back up in the last couple of weeks a bit. There are plenty of people who are still writing that the dollar is still overvalued, we don’t have a view on that of course… I don’t really have an official view I’d like to share, [but] I think there are possible explanations…one of which is that people still feel the dollar is highly valued, but we’ll see.” Touching on the subject of tariffs, Powell says markets are in uncharted territory since tariffs have only ever been going down for many decades. “We’ve been going through a long period where tariffs have been going down. Since World War 2 really, it’s been a process of lowering tariffs globally… There isn’t a lot of modern learning on that. One of the reasons [now] is so challenging is that we don’t have modern precedent.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Fed Chair Jerome Powell Addresses US Dollar Weakness, Says Markets Are in ‘Unusually Challenging’ Circumstances appeared first on The Daily Hodl .

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Company with Two Altcoins Listed on Binance Announces New Altcoin to Be Launched – Here’s the Date and Details

Moca Network, Animoca Brands’ identity-focused ecosystem, has announced Moca Chain, a new Layer 1 blockchain network designed specifically for identity and data management. According to the official statement, this chain enables individual control of personal identities with features such as decentralized storage, cross-chain compatibility, and privacy-preserving verification with zero-knowledge proofs (ZKP). The testnet is planned to be launched in the third quarter of 2025, while the mainnet launch will be in the last quarter of 2025. Moca Chain’s native altcoin, MOCA Coin, will be used for gas fees and validator transactions. Related News: GameStop, One of the Most Talked-About Companies in the US, Makes Another Move to Purchase a Massive Amount of Bitcoin Moca Chain aims to enable user-centric applications and identity protocols to be built on a common user and data network. The usage areas of the Moca token to be released are introduced as follows: Validator Staking: Securing the network and processing identity transactions. Gas Fees: On-chain transaction costs (identification, verification, etc.) Verification Fees: Fee paid to verify proof of identity. Data Storage: Reusability of identity documents Identity Oracle: Cross-chain verification bridge zkTLS based data generation Animoca Brands is known as the company behind altcoins like EDU and SAND. *This is not investment advice. Continue Reading: Company with Two Altcoins Listed on Binance Announces New Altcoin to Be Launched – Here’s the Date and Details

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Strategy stock price outlook: 52% breakout likely amid rising Bitcoin ETF demand

Strategy stock price could be on the verge of a strong bullish breakout as odds of Bitcoin hitting an all-time high rose on Polymarket. MSTR stock was trading at $377 on Wednesday, a few points above this week’s low of $360. It has jumped nearly 70% from its lowest level this year. Strategy stock technical analysis points to a surge The daily chart shows that the MSTR stock price has been in a tight range since May. It has remained above the 100-day and 50-day Exponential Moving Averages, which have provided it with substantial support. Further, Strategy has formed a bullish pennant pattern, which often leads to additional gains. This pattern is composed of a vertical line and a symmetrical triangle, with a breakout occurring when the two lines near their confluence level. The profit target in a bullish pennant is established by first measuring the length of the flagpole and then extrapolating the same distance from the breakout point. In this case, the flagpole’s length is $200—$420 minus $230. The breakout point is $385, bringing the target price to $585, up 52% from the current level. A drop below the support at $342 will invalidate the bullish forecast. This price is the neckline of the double-bottom pattern at $230. MSTR stock price chart | Source: TradingView Odds of Bitcoin price hitting all-time high are rising The main catalyst for the Strategy stock price is the odds of Bitcoin ( BTC ) hitting a record high before October have jumped to 81% on Polymarket . Such a move would be bullish for Strategy because it holds 592,345 Bitcoins currently valued at over $63 billion. You might also like: Can Sei price keep climbing after Circle’s backing and ETF buzz? Bitcoin has strong bullish fundamentals and technicals. For example, Bitcoin supply on exchanges and over-the-counter marketplaces has crashed to the lowest level in years. Bitcoin ETF demand has jumped, with inflows happening in the last eleven consecutive days. These funds have had a cumulative inflow of $47.9 billion since January last year, with BlackRock’s IBIT having over $72 billion in assets. Technically, Bitcoin price has formed a cup-and-handle pattern, a popular continuation setup. This pattern consists of a rounded bottom followed by some consolidation, which is currently underway. Therefore, Bitcoin is likely to break out and potentially rise above $140,000 in the near term. Bitcoin price chart | Source: crypto.news This price target is based on the cup-and-handle pattern, which has a depth of about 30%. Measuring the same distance from the cup’s upper side yields a target price of $141,000. You might also like: Here’s why IOTA price crashed after the Rebased upgrade

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Could MAGACOIN FINANCE Surpass Bitcoin and Ethereum Gains? Solana Investors Turn to VeChain

The crypto market is defined by cycles of innovation, early accumulation, and disruptive momentum. As 2025 unfolds, MAGACOIN FINANCE has emerged as one of the year’s fastest moving pre-launch candidates. While Bitcoin and Ethereum dominate headlines, traders are paying attention to this rising contender. Meanwhile, Solana holders are eyeing VeChain as a strong diversification play grounded in real-world use cases. MAGACOIN FINANCE: The Early-Stage Powerhouse MAGACOIN FINANCE is capturing headlines with its rapid presale success—raising over $10 million and selling out phases faster than most established altcoins. The project combines meme appeal with technical credibility: a fully audited smart contract via HashEx , capped supply of 170 billion tokens , and a no-VC structure that appeals to both retail and institutional investors. Its community-first strategy, transparent rollout, and surging demand have made it one of the most closely watched early-stage projects of 2025. For many traders, it evokes the early momentum seen in past generational tokens—fueling speculation it could outperform legacy giants by percentage return. Bitcoin: The Benchmark with Modest Upside Bitcoin has recently pushed past $111,000 , driven by ETF adoption and institutional inflows. While it remains the cornerstone of the crypto market, many long-time BTC investors are allocating a portion of their portfolios to high-upside projects like MAGACOIN FINANCE , looking to re-create the outsized returns of Bitcoin’s formative years. Ethereum: Innovation and Maturity Ethereum remains unmatched in smart contract deployment and Layer-2 development. But with its price range tightening, ETH investors are increasingly diversifying. MAGACOIN FINANCE has caught the attention of Ethereum holders seeking breakout potential in a more agile, community-controlled ecosystem. Solana: Speed, Adoption, and Diversification Solana continues to perform as one of the fastest Layer-1 blockchains. However, many SOL investors are now turning toward VeChain , drawn to its enterprise focus and ability to execute in regulated environments. The shift underscores a broader trend toward utility-backed assets. VeChain: Real-World Utility on the Rise VeChain is gaining momentum thanks to partnerships, cross-chain compatibility, and growing institutional visibility. As more traders search for blockchain applications with real-world outcomes, VeChain stands out—especially to those rebalancing from more speculative holdings. Conclusion With its disciplined foundation, transparent growth, and rising adoption, MAGACOIN FINANCE is rapidly becoming a contender to match or even exceed the relative percentage performance of Bitcoin and Ethereum. At the same time, VeChain’s enterprise integration is pulling attention from Solana holders seeking long-term reliability. Together, these two projects capture both ends of the crypto opportunity spectrum—early momentum and real-world application. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Could MAGACOIN FINANCE Surpass Bitcoin and Ethereum Gains? Solana Investors Turn to VeChain

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As Gold weakens, will a positive macro shift take Ethereum to $3K?

Here's what you need to know about van de Poppe's bullish call for ETH.

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Stablecoins Approach $250 Billion, Anchoring 8% Of Global Crypto

Based on reports, stablecoin issuance has kept climbing for the past 90 days, with billions of dollars flowing in each week. Investors appear to be waiting for a clear sign before moving capital. Right now, USDT holds over 66% of that market, while USDC and DAI share the rest. In total, stablecoins account for about $250 billion, or almost 8% of all crypto assets. Related Reading: Bunker Buster: Ethereum Titans Stake $100 Million Amid US-Iran Hostilities Stablecoin Supply Hitting New Highs Demand for a trusted dollar peg is driving this growth. Tether leads by a wide margin because many traders trust its stability. Stablecoin reserves have swelled, even as other segments stay quiet. This points to plenty of cash on the sidelines. 🔥Billions in Stablecoins are issued weekly, and the 90-day change for all Stablecoins shows a large amount of liquidity available in the market. Tether (USDT) stands out, representing 66.2% of the entire Stablecoin market. Currently, the Stablecoin market cap is close to $250B… pic.twitter.com/DugpqDiEPl — Alphractal (@Alphractal) June 24, 2025 Bitcoin And Stablecoin Dominance Bitcoin and stablecoins together make up roughly 74% of the total crypto market. That’s a big number. In past cycles, once those balances peak, money often moves into smaller tokens. Right now, Bitcoin’s price is steadying after recent swings. Stablecoin balances keep growing. I can’t promise anything, but there’s a strong chance that a powerful Altcoin Season will take hold in the third quarter of 2025. I had already mentioned this in some posts before, about June and July, and I still stand by that analysis. The main reasons are the large amount of… https://t.co/TjRyxBxSKs — Joao Wedson (@joao_wedson) June 24, 2025 Altcoin Season On The Horizon Based on forecasts from analyst Joao Wedson, altcoins could see a lift in Q3 2025. He points to the huge amount of stablecoin liquidity and persistent doubt among retail and big players. That stage of doubt has come before in other cycles, and it usually marks a turning point. When confidence returns, altcoins tend to surge. Investors Poised On The Sidelines Many holders seem ready to hit buy. They’re holding onto stablecoins until charts, on-chain data or macro news clear up. A boost in stablecoin flows to exchanges could be one early hint that rotation is starting. Large moves by whale wallets into low-cap tokens may follow. In recent weeks, inflows of stablecoins into trading platforms have ticked higher. That’s a key signal to watch. If weekly inflows rise sharply—say above $5 billion—it may show serious appetite building. Past cycles saw similar spikes just before altcoin rallies began. Another one to monitor is decentralized finance platform volume. When stablecoins move from wallets to lending or liquidity pools, it usually indicates that traders are looking for return and preparing to swap to other tokens. Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak Market observers will also be monitoring Bitcoin’s consolidation range closely. If it remains above recent lows for a few weeks, that would give confidence a boost everywhere. Then we could see smaller cryptocurrencies move higher on new liquidity. Based on these signals, it looks like we’re in a waiting game. Stablecoin supplies are at record levels, Bitcoin is settling, and altcoin sentiment remains low. When all that lines up just right, funds are likely to rotate. Then the altcoin sector could see new life. Featured image from Imagen, chart from TradingView

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Powell testifies as Fed holds rates steady despite pressure

Donald Trump, speaking from the NATO summit in the Netherlands on Wednesday, confirmed he’s actively reviewing candidates to replace Federal Reserve Chair Jerome Powell, whom he is once again openly calling “a very stupid person.” While Powell was testifying on Capitol Hill for a second day straight, Trump was doing what he does best: being the pettiest person on earth. “He’s an average mentally person… Low IQ for what he does,” The US president said. “I think he’s a very stupid person, actually.” This embarrassing one-sided beef between Trump and Powell has been going on since last year on the campaign trail. Trump, who originally appointed Powell to lead the Fed in 2017, now blames him for keeping interest rates too high. Trump claims this refusal to slash rates is costing the federal government hundreds of billions of dollars in unnecessary interest payments. When asked if he’s already looking for someone new, he said, “Yeah, I know within three or four people who I’m going to pick.” He added that Powell’s term will be up “pretty soon, fortunately, because I think he’s terrible.” Powell’s current term, re-upped by President Joe Biden, runs until May 2026. Powell testifies as Fed holds rates steady despite pressure On Tuesday, Powell told the Senate Banking Committee that the Fed is not ready to cut rates yet. He pointed to the potential inflationary effect of Trump’s tariff policies. “Most forecasters expect a fairly substantial wave of price increases to come through to the consumer,” Powell said. While many Republicans in the Senate pushed him to act fast, Powell stayed firm. “If we make a mistake here, people will pay the cost for a long time,” he said. The Federal Open Market Committee voted unanimously last week to keep interest rates where they are, marking the fourth straight meeting with no changes. Powell emphasized that the majority of the committee still expects rate cuts before year-end but said, “It’s just something you want to approach carefully.” Fed officials are split. Vice Chair Michelle Bowman, who was appointed by Trump, said Monday the bank should act quickly to cut rates and help the labor market. Christopher Waller, another Trump appointee, agreed and called the inflation from tariffs a “one-off” event. Chicago Fed President Austan Goolsbee joined in, suggesting borrowing costs could be lowered again if tariffs don’t push inflation up. But Powell argued the opposite: that tariff-driven price hikes could begin this summer, and rushing to cut rates could restart inflation. Trump allies ramp up attacks as debt and tariffs dominate Commerce Secretary Howard Lutnick used his platform Wednesday to repeat Trump’s message. “Jerome Powell – your job is to help Americans, not hurt them, so do your job and CUT our absurdly high interest rates at your next meeting,” Lutnick posted on X. In a follow-up post, he doubled down: “That’s why President Trump calls Powell a loser. Because Powell would rather ignore the tariff revenues and keep US rates the highest in the world (for a first-class country) because he’s afraid to act.” Senator Bernie Moreno from Ohio joined the pile-on, accusing Powell of trying to sabotage Trump’s trade agenda. “Nobody in this chamber has that kind of power to have a $400 billion impact on this economy, on our deficit,” Moreno said. “And I just think that you should consider whether you’re really looking at this from a fiscal lens or a political lens, because you just don’t like tariffs.” As Trump urges Congress to pass a tax cut bill that would tack on another $2 to $4 trillion to the already $36 trillion national debt, Republicans want the Fed to act like a partner. Trump and GOP lawmakers say the only way to deal with this debt is to slash interest rates and reduce borrowing costs. Meanwhile, the US Treasury is running out of room to avoid a default unless Congress agrees to raise the debt ceiling again. Trump eyes replacements as legal limits block firing Powell Despite legal restrictions preventing Trump from firing Powell outright, he has threatened to do it several times over the years. Analysts believe Trump will simply wait out Powell’s remaining time and put someone new in place once the term expires. The president confirmed Wednesday he’s already speaking to possible replacements, including Treasury Secretary Scott Bessent, Fed Governor Christopher Waller, and former Fed Governor Kevin Warsh. “I know within three or four people,” Trump said again on Wednesday. “I mean, he goes out pretty soon, fortunately, because I think he’s terrible.” The thing is, though, no matter how hard he tries, we know Trump will never get Powell to bite the bait. The man has historically been classy, choosing to avoid speaking about anyone in public, not just the president, since the beginning of his career. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

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Ex-Blackstone exec, Tether co-founder pitch $1B crypto reserve - report

More on M3-Brigade Acquisition V Corp. Financial information for M3-Brigade Acquisition V Corp.

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Neo Pepe NEOP Presale Passes $2M Raised with Stellar CertiK Audit

June 25th, 2025 – Road Town, Tortola Neo Pepe Coin (NEOP) has crossed past the $2 million milestone in record-breaking speed, propelling it toward Stage Four of its anticipated presale. Launching less than a week ago, the project’s early growth reflects strong interest, with investors rallying behind its revolutionary approach to decentralization, governance, and liquidity. Over $2,000,000 Raised Within days, Neo Pepe has hit a notable $2 million raised and strong participation in the project’s presale. This achievement not only underscores investor confidence but highlights the project’s compelling narrative—a serious, thematic rebellion against traditional financial centralization, aptly branded as the Memetrix. Neo Pepe Coin recently achieved a 71.96 score on its Certik Audit , validating its credibility as a legitimate and secure project. Neo Pepe’s presale is meticulously structured across 16 dynamic stages, progressively increasing the token price to reward early supporters. Now, as it rapidly approaches Stage Four, the window to secure tokens at advantageous pricing is narrowing swiftly. Community Governance Treasury DAO Further differentiating Neo Pepe Coin is its innovative 2.5% auto-liquidity mechanism. Each transaction enhances liquidity pools, with LP tokens permanently burned, creating sustained price stability and growth potential. Complementing this powerful feature is a fully decentralized governance model, empowering token holders with real decision-making power on strategic listings and treasury allocations. Auto Liquidity Mechanism Neo Pepe Coin’s early performance has been marked by steady presale participation and a structured rollout strategy. With its ongoing stage-based pricing model, thematic framing, and auto-liquidity mechanics, NEOP continues to progress through its planned presale phases. Real Meme Community With Stage Four approaching, Neo Pepe Coin continues through its presale schedule, supported by consistent participation and structured pricing mechanics. The project’s distinctive theme and token model remain central to its current phase of growth. Users can secure a spot now and discover why Neo Pepe Coin is setting new standards in crypto innovation. For more information, users can join the Neo Pepe community on socials or visit the official website today. About Neo Pepe Coin Neo Pepe Coin (NEOP) is a decentralized cryptocurrency designed to challenge centralization, regulatory overreach, and market manipulation. Leveraging the thematic narrative of the Memetrix, Neo Pepe Coin symbolizes a bold movement towards financial democratization and innovation. The project features a structured 16-stage presale, robust community-driven governance, and an auto-liquidity mechanism ensuring sustainable growth and stability. To Get Started with NEOP Website: https://neopepe.ai Telegram: https://t.me/NeoPepeProtocol Twitter/X: https://x.com/NeoPepeProtocol Contact CMO Logan Roy CrypTechnologies Ltd. press@neopepe.ai This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Neo Pepe NEOP Presale Passes $2M Raised with Stellar CertiK Audit appeared first on The Daily Hodl .

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Neo Pepe $NEOP Presale Passes $2M Raised with Stellar CertiK Audit

Road Town, Tortola, June 25th, 2025, Chainwire Neo Pepe Coin ($NEOP) has crossed past the $2 million milestone in record-breaking speed, propelling it toward Stage Four of its anticipated presale. Launching less than a week ago, the project’s early growth reflects strong interest, with investors rallying behind its revolutionary approach to decentralization, governance, and liquidity. Over $2,000,000 Raised Within days, Neo Pepe has hit a notable $2 million raised and strong participation in the project’s presale. This achievement not only underscores investor confidence but highlights the project's compelling narrative—a serious, thematic rebellion against traditional financial centralization, aptly branded as the Memetrix. Neo Pepe Coin recently achieved a 71.96 score on its Certik Audit , validating its credibility as a legitimate and secure project. Neo Pepe’s presale is meticulously structured across 16 dynamic stages, progressively increasing the token price to reward early supporters. Now, as it rapidly approaches Stage Four, the window to secure tokens at advantageous pricing is narrowing swiftly. Community Governance Treasury DAO Further differentiating Neo Pepe Coin is its innovative 2.5% auto-liquidity mechanism. Each transaction enhances liquidity pools, with LP tokens permanently burned, creating sustained price stability and growth potential. Complementing this powerful feature is a fully decentralized governance model, empowering token holders with real decision-making power on strategic listings and treasury allocations. Auto Liquidity Mechanism Neo Pepe Coin’s early performance has been marked by steady presale participation and a structured rollout strategy. With its ongoing stage-based pricing model, thematic framing, and auto-liquidity mechanics, $NEOP continues to progress through its planned presale phases. Real Meme Community With Stage Four approaching, Neo Pepe Coin continues through its presale schedule, supported by consistent participation and structured pricing mechanics. The project’s distinctive theme and token model remain central to its current phase of growth. Users can secure a spot now and discover why Neo Pepe Coin is setting new standards in crypto innovation. For more information, users can join the Neo Pepe community on socials or visit the official website today. About Neo Pepe Coin Neo Pepe Coin ($NEOP) is a decentralized cryptocurrency designed to challenge centralization, regulatory overreach, and market manipulation. Leveraging the thematic narrative of the Memetrix, Neo Pepe Coin symbolizes a bold movement towards financial democratization and innovation. The project features a structured 16-stage presale, robust community-driven governance, and an auto-liquidity mechanism ensuring sustainable growth and stability. To Get Started with $NEOP Website: https://neopepe.ai Telegram: https://t.me/NeoPepeProtocol Twitter/X: https://x.com/NeoPepeProtocol ContactCMOLogan RoyCrypTechnologies Ltd.press@neopepe.ai Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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