Ripple’s Hidden Road unleashes institutional-grade OTC crypto swaps in U.S., eyeing global prime brokerage dominance. Ripple’s Strategic Strike: Prime Brokerage Just Changed Forever in the US Ripple-backed Hidden Road announced on May 28 the rollout of its digital asset swaps prime brokerage services for institutional clients in the United States. The newly introduced offering enables
Chicago Fed President Austan Goolsbee said on Monday that the U.S. Federal Reserve could cut interest rates if large-scale tariffs can be avoided. Avoiding these tariffs through trade agreements or other means could pave the way for easing monetary policy, given the strong economic fundamentals and positive trend in inflation, according to Goolsbee. Speaking at the 2025 Mackinac Policy Conference, Goolsbee likened the economic impact of tariffs to “a layer of fat on top of healthy abs,” adding, “If we can take that layer off, you've got a six-pack underneath.” Goolsbee’s statements came after the US Trade Court ruled to cancel many tariffs implemented during the Trump administration. It was stated that these tariffs carried the risk of driving up inflation and slowing economic growth. In particular, the practices that went into effect on April 2 and are known to the public as the “Liberation Day Tariffs” are among the developments that the FED is closely monitoring. Related News: Is the Bitcoin Rally Over or Continuing After Yesterday's Fed Minutes? Pay Close Attention Tomorrow Goolsbee said that the labor market was stable before that date and inflation was moving toward the Fed's 2% target. Under these conditions, he said, the policy rate, currently between 4.25% and 4.5%, could be lowered to an equilibrium level of around 3% in the long run. However, according to Goolsbee, the uncertainty about customs duties is currently causing companies to postpone their investments. “Companies are putting pens down until there is clarity on trade policy,” Goolsbee said, adding that the Fed is also expecting a similar outcome. Policymakers are concerned that customs duties will disrupt the decline in inflation and increase unemployment. Goolsbee also warned that if the court ruling creates prolonged uncertainty, it could have more negative effects. He added that the U.S. government could reimpose tariffs on imported goods for different reasons. *This is not investment advice. Continue Reading: Critical Statements from FED Member Goolsbee: “We Could Have Cut Interest Rates, But…”
Jerome Powell, the Chair of the Federal Reserve, met with President Donald Trump on Thursday at the White House after repeatedly saying he wasn’t interested in doing that. This was their first meeting since Trump returned to office for a second term. The central bank released a formal statement confirming the meeting and made one thing very clear: no conversation about interest rates took place. “At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation,” the Fed’s statement said. “Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook.” The statement ended with a reminder that Powell and the FOMC will stick to what the law tells them to do:- support maximum employment and stable prices, using only “careful, objective, and non-political analysis.” Trump pushes, Powell resists The timing of this meeting matters. Trump’s been shouting from his soapbox on Truth Social, demanding rate cuts. The economy is in a weird place — inflation is still breathing down everyone’s neck while Trump is out here throwing around more tariffs, which could push prices up again. Powell’s job? Keep prices stable. But Trump? He wants lower rates now. On May 17, Trump posted in all caps, “THE CONSENSUS OF ALMOST EVERYBODY IS THAT ‘THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER.’ Too Late Powell, a man legendary for being Too Late, will probably blow it again – But who knows???” Earlier this month, Powell told reporters that they hadn’t met yet, and he wasn’t planning on starting that conversation. “I’ve never asked for a meeting with any president, and I never will,” Powell said. “I wouldn’t do that. There’s never a reason for me to ask for a meeting. It’s always been the other way.” That’s his style — stay quiet, stay legal, and act like the numbers are in charge, not the politicians. So here we are now: they’ve finally met. Trump probably tried to get him to say something — we don’t know. But Powell, by all accounts, didn’t bite. With new tariffs in play and price pressures building again, the Fed is walking a tightrope. Rate cuts now could give Trump the economic boost he wants heading into a possible re-election fight, but it could also be reckless. According to futures market pricing, traders don’t expect the Fed to touch rates until at least September, skipping meetings in June and July. There’s still a chance they cut one more time before the end of the year. But that depends on the data. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Mutuum Finance (MUTM) is quickly gaining traction as a promising low-priced gem in the crypto space, capturing investor attention following Ethereum’s (ETH) legendary rally. As ETH continues to dominate with groundbreaking upgrades, Mutuum Finance’s affordable entry point offers a better opportunity for traders seeking massive upside potential. A strong investor backing has emerged through acquisition by more than 11,300 buyers who have raised $9.4 million during its ongoing presale. Investors participating in Mutuum Finance Phase 5 token presale will earn 100% profit at $0.06 at exchange launch. Mutuum Finance stands out as a standout altcoin to watch in 2025, poised to ride the wave of Ethereum-inspired momentum and deliver impressive returns. Mutuum Finance Presale Accelerates To Phase 5 The fifth phase of Mutuum Finance presale has started as the platform attracts increasing investor interest. The DeFi solution provided by Mutuum Finance operates as a scalable long-term solution instead of hyper-inflated meme coins. Investor confidence remains high since Phase 5 of the presale has surpassed $9.4 million total sales and attracted more than 11,300 token holders before the following price adjustment. The presale token price has reached $0.03 during Phase 5 of the presale while the launch will bring it to $0.06. Revolutionizing DeFi Lending with an Advanced Dual-Model System The non-custodial liquidity protocol of Mutuum Finance delivers decentralized lending which grants users absolute control of their assets. Through lending activities users accumulate passive earnings from lenders and borrowers instantly access funds by placing multiple assets above their loan value. The automatic interest rate adjustments of the system optimize capital structure and sustainability for the ecosystem. Mutuum Finance operates a dual-lending framework that delivers exceptional flexibility to users which features Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The Peer-to-Contract (P2C) system enables smart contracts to regulate lending pools that shift interest rates in harmony with market conditions. Lenders receive dependable income while borrowers get secure financing opportunities through this system. The P2P approach takes out middlemen by enabling direct communication between borrowing parties and lending participants. Any asset with volatility needs this complete decentralized model which provides maximum flexibility to users. Resilient USD-Pegged Stablecoin Following Certik Audit Completion Mutuum Finance will launch its fully collateralized, USD-pegged stablecoin on the Ethereum blockchain. Built to survive the collapses of algorithmic models, the stablecoin’s robust construction enables long-term stability and price consistency. Underpinned by open-source smart contracts and the success of a Certik audit, the platform offers a safe foundation for digital financial transactions. Mutuum Finance is pairing state-of-the-art lending features with a robust ecosystem, charting a definite course for the future of DeFi. $100,000 Giveaway & Community Incentives The $100,000 giveaway to be conducted by Mutuum Finance aims to give away $10,000 in MUTM tokens to 10 participants as part of its adoption drive. Mutuum Finance (MUTM) is carving out a unique space in the DeFi ecosystem, riding the momentum sparked by Ethereum’s legendary rally. With over $9.4 million raised and 11,300+ investors already on board, its ongoing Phase 5 presale, currently priced at $0.03, offers an attractive 100% gain opportunity by the time the token hits exchanges at $0.06. Backed by a completed Certik audit, an innovative dual-lending model, and the upcoming launch of a fully collateralized stablecoin, MUTM combines security, innovation, and real DeFi utility. With analysts predicting post-launch prices as high as $2–$3, early investors are well-positioned for exponential returns. Secure your MUTM tokens now and join the next major DeFi breakout before the next price increase. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuumfinance.app/ Linktree: https://linktr.ee/mutuumfinance
FTX will distribute over $5 billion in stablecoins on May 30. Recovery rates vary by creditor class under…
Bitcoin and cryptocurrency markets experienced slight losses following the release of the minutes from the Fed's May 6-7 Federal Open Market Committee (FOMC) meeting. The hawkish statements in the minutes limited investors' short-term risk appetite. Fed officials said that “tough policy choices” could be on the table due to the risks of persistent inflation and a looming recession. “Participants agreed that uncertainty about the economic outlook has increased and decided that a cautious approach would be appropriate until the clear economic impacts of changes in government policies become more apparent,” the minutes said. Despite this, BRN analysts said institutional demand remained strong. Spot Bitcoin ETFs in the US have recorded net inflows for the 10th consecutive day, with BlackRock making the biggest contribution. BRN analyst Valentine Fournier noted that many companies have announced plans to add BTC to their portfolios as a reserve asset. Related News: BREAKING: Highly Anticipated Critical FED Meeting Minutes Released - Here Are All the Details “Bitcoin continues to benefit from its positioning as a hedge and long-term asset. Institutional adoption is strong and more firms are building BTC reserves,” BRN analysts said, noting that the rally could pick up speed again once profit-taking is over. Another important development that investors are focusing on is the Personal Consumption Expenditures (PCE) report, the Fed's most important inflation indicator. The data, which will be released on Friday, is of critical importance for the markets. According to CoinPanel senior automation expert Dr. Kirill Kretov, a lower-than-expected data could increase the likelihood of a rate cut by the Fed, easing inflation concerns. However, he noted that higher data could trigger a risk-off mode. “The liquidity structure in crypto markets is still fragile, so we could see extreme price movements even if the data beats or falls short of expectations by just 0.1%,” he said. *This is not investment advice. Continue Reading: Is the Bitcoin Rally Over or Continuing After Yesterday’s Fed Minutes? Pay Close Attention Tomorrow
A new meme coin is going viral in the first few hours of its presale. The Snorter token ($SNORT) has raised over $160k in its ICO on day 1, signalling strong demand for its upside potential as well as its utility. It is the native token of the all-new Snorter Bot, the fast and lowest-fee crypto trading bot on Telegram. Already the fastest Solana sniper bot with multi-chain functionality in the pipeline, Snorter could play a key role in levelling the playing field between retail traders and whales in this ongoing bull run. Its full-stack Telegram trading suite offers everyday traders access to the kind of speed, tools, and automation once reserved for deep-pocketed whales. This combination of viral memes and real-world utility has already tremendously benefited coins like Bonk, ai16z, and aixbt. Unsurprisingly, many influencers and smart money analysts are already bullish on SNORT’s upside potential, with some even viewing it as the best new crypto to buy. What Is Snorter Bot And Why Is It Going Viral? Snorter Bot is a full-stack, Telegram-native trading assistant built to help everyday traders snipe high-upside meme coins the moment they launch — with the speed, automation, and protection that until now was only available to whales. Its advanced algorithms help investors navigate volatile markets, automate risk management, and capitalize on opportunities faster than manual trading. Anyone who’s traded Solana meme coins knows the story: the biggest gains happen in the first few minutes — often before retail traders can even react. While whales and insiders deploy high-end sniper bots to secure instant entries, everyday investors are still opening charts, configuring wallets, and battling RPC errors — only to buy the local top after a 5x move. That is, if their transaction doesn’t fail due to high traffic. On the contrary, the Snorter Bot is purpose-built for sub-second execution, laced with custom RPC infrastructure. Users simply feed the bot a token address, and it executes the trade the instant liquidity appears — no manual steps, no delays. As the project whitepaper reads, “Snort tokens before they pump”. Crucially, all trades are routed through MEV-resistant relayers, protecting users from sandwich attacks and front-running — a common threat on DEXs. Snorter also runs a real-time on-chain scanner that blocks transactions involving blacklist functions, stealth mints, and other common rug-pull mechanics, ensuring users don’t get caught in malicious contracts. Together, these layers make Snorter one of the most secure trading bots in the ecosystem. Besides its security infrastructure and lightning-fast execution, Snorter offers automated sniping for instant launches, real-time copy trading with top wallets, scheduled limit and stop-loss orders, a Telegram-native portfolio tracker with live P&L and cost basis, and the lowest trading fees on Solana — all accessible directly through a simple Telegram chat window. Snorter Token — The Latest Viral Meme Coin After Bonk the dog, Popcat the cat, BOME the frog, and Moo Deng the pig, Snorter the Ardvaark is now hitting the Solana chain and is already going viral. Snort the Aardvark is more than just a meme — he’s the perfect mascot for a bot built to sniff out early opportunities. Like his real-world counterpart, Snort is fast, alert, and always digging in the right places. In a market full of noise, Snorter stands out as a symbol of precision, speed, and survival — the spirit every retail trader needs to thrive in the meme coin jungle. The Snorter token isn’t just a utility-less meme coin either. Instead, it brings tremendous utility, particularly within the bot ecosystem. For instance, the Snorter Bot already has low trading fees. However, it drops from 1.5% to 0.85% for token holders, which makes it the lowest-fee Telegram-native crypto trading bot. Similarly, SNORT holders can stake their coins through its staking protocol , which is currently offering a reward rate of over 1600% per annum. This percentage will decrease rapidly as more tokens are staked in the pool, which significantly benefits early stakers. Moreover, its community-centric tokenomics and audited smart contract make it an even more attractive buy for smart money investors. Check out the Snorter whitepaper for more information. The Best New Crypto To Buy? The numbers behind crypto trading bots tell why the Snorter token is being viewed by experts as the best new crypto to buy. The global market was valued at $41.61 billion in 2024 and is projected to hit $154 billion by 2033 — a 14% CAGR. Meanwhile, the AI-powered segment is growing even faster, expected to surge from $40.8 billion to $985.2 billion by 2034 at a staggering 37.2% CAGR. Snorter sits right at the convergence of both trends — offering a fast, automated, and soon-to-be AI-enhanced trading experience. As retail adoption surges, $SNORT gives investors early exposure to one of crypto’s most explosive verticals. Several influencers and smart money investors are already calling it the next 10x crypto. Interested buyers can visit the SNORT presale, use the OTC widget and buy the coins with just a few clicks, either through a bank card or by swapping cryptos like ETH, SOL, USDC and USDT. Investors should follow the project on its X and Instagram accounts for more information. Visit Snorter Token Presale Disclaimer: This is a sponsored article 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.
The U.S. Treasury Department on Thursday sanctioned Funnull Technology Inc., a Philippines-based firm allegedly at the center of a vast cyber fraud network enabling cryptocurrency scams. Funnull is accused of providing technical infrastructure for hundreds of thousands of websites linked to so-called “pig butchering” scams — complex social engineering schemes where fraudsters pose as romantic or financial partners to coax victims into fake crypto investments. U.S. victims have reported more than $200 million in losses associated with Funnull-linked sites, with an average individual loss of over $150,000. Its administrator, Chinese national Liu Lizhi, was also sanctioned, according to the Treasury Department. The sanctions, issued by the Treasury’s Office of Foreign Assets Control under Executive Orders 13694 and 14144, were coordinated with the FBI. The bureau is releasing a cybersecurity advisory to help private-sector partners identify and take down sites tied to Funnull’s infrastructure. “These actions reflect our commitment to disrupting the networks that power cybercrime and target Americans,” Deputy Treasury Secretary Michael Faulkender said. You might also like: Simplify mining efforts with QFSCOIN cloud mining platform Crypto scamming and phishing According to Treasury officials, Funnull purchased IP addresses in bulk from cloud service providers and resold them to scammers hosting fake investment platforms and phishing sites. It also used domain generation algorithms to mass-produce web addresses and provided design templates, helping cybercriminals impersonate legitimate financial services. In 2024, Funnull reportedly tampered with a code repository used by developers to secretly reroute web traffic from legitimate sites to scams and gambling platforms, some linked to Chinese money laundering operations. Liu Lizhi allegedly managed operations at Funnull, including overseeing staff who assigned domains to scammers and maintained infrastructure supporting fraud, phishing, and illicit gambling. The Treasury’s action follows a September 2023 alert by its Financial Crimes Enforcement Network warning of pig butchering scams and their ties to Southeast Asian crime groups exploiting victims of labor trafficking to carry out fraud. You might also like: Russian crypto couple abducted in Buenos Aires, rescued after paying ransom
Strive board member Ben Werkman expects thousands of firms to hold BTC, if only “to protect themselves”
TL;DR Bitcoin continues to show signs of strength, with indicators pointing toward sustained interest and potential for continued growth. While sentiment is overwhelmingly positive, similar conditions in the past have sometimes preceded sharp corrections, reminding investors to stay vigilant. The Bullish Elements Bitcoin (BTC) made history on May 22 by surging to nearly $112,000 – its highest level ever. Since then, it has pulled back to $108,600 (according to CoinGecko), but several factors suggest that there is still fuel left for further gains. Earlier today (May 29), the popular analyst Ali Martinez revealed that more than 30,000 BTC have been moved off exchanges in the last 30 days. Calculated in current rates, the stash equals over $3.2 billion. Such a development suggests that investors have shifted from centralized platforms to self-custody solutions, which reduces the immediate selling pressure. According to CryptoQuant’s data, the asset’s supply on exchanges currently stands at less than 2.45 million BTC, which is the lowest point observed since the summer of 2018. The following factor is the growing inflows toward the spot Bitcoin ETFs . Data compiled by SoSoValue shows that the last day with a negative daily netflow was May 13. Since then, the funds have attracted over $4.1 billion in the span of just a couple of weeks. BlackRock’s iShares Bitcoin ETF (IBIT), for instance, has recorded 33 consecutive days of inflows, accumulating nearly $4 billion over the last two weeks. The investment vehicle now ranks among the top five ETFs (out of over 4,200 products) in terms of inflows for 2025. Last but not least, we’ll take a look at BTC’s Market Value to Realized Value (MVRV) ratio. As the name suggests, it compares bitcoin’s market capitalization to its realized capitalization and helps traders identify whether the asset is undervalued or overvalued. Over the past month, the ratio has been hovering in the healthy zone of 2-2.50, indicating that there is still room for price growth. CryptoQuant claims that historically, values above 3.70 have indicated market tops, while figures below 1 have pointed out bottoms. BTC MVRV, Source: CryptoQuant Something for the Bears Contrary to the optimistic landscape, there are some concerns to consider. IntoTheBlock’s data shows that, as of the moment, no single BTC investor is sitting on paper losses , while a staggering 98% have made some profits (at least on paper) on their initial investments. BTC Investors in Profit, Source: ITB This might sound encouraging, but in the past, such trends were sometimes followed by a price pullback. In October 2024, about 95% of BTC holders were in profit as the asset’s valuation topped $69,000 before briefly falling below $65,500. A similar pattern was also seen in September and March last year. As reported earlier today, Santiment also believes that such high numbers of investors in profit could spell trouble for the asset as they tend to realize profits. We now move on to the popular Fear & Greed Index, whose ratio has been in either “Greed” or “Extreme Greed” territory since May 5. The metric examines various factors, including price fluctuations, survey responses, and social media activity, to assess the ongoing investor sentiment toward the cryptocurrency. BTC Fear and Greed, Source: alternative.me It appears that there is growing optimism and an increasing appetite for BTC, but let’s not forget that the crypto market is unpredictable, and price movements often defy the crowd’s expectations. One should also keep in mind Warren Buffett’s famous advice, who once said people should “be fearful when others are greedy and to be greedy only when others are fearful.” The post Bitcoin Price Outlook: 3 Bullish and 2 Bearish Factors to Watch appeared first on CryptoPotato .