Polygon co-founder Jordi Baylina has officially launched Zisk, a new independent venture focused on advancing zkVM verification technology. This strategic move follows the Polygon Foundation’s decision to phase out its
Spokane’s city council has passed an ordinance targeting crypto kiosks used in a billion-dollar nationwide fraud scheme.
BitcoinWorld Norway Interest Rate Holds Crucial Contrast to Swedish Riksbank Cut Central bank decisions might seem distant from the world of cryptocurrencies, but their impact on global liquidity and market sentiment is undeniable. Understanding macro trends, like interest rate policies, provides crucial context for navigating volatile markets. This week, the spotlight is on the Nordic region, specifically the starkly different paths the central banks of Norway and Sweden are expected to take regarding their key interest rates. While the Forex market watches closely, let’s break down the anticipated Norway interest rate decision and the looming move from the Swedish Riksbank. Anticipating the Norges Bank Decision Norway’s central bank, known as Norges Bank, is widely expected to keep its benchmark interest rate unchanged at its upcoming meeting. This anticipated Norges Bank decision reflects a cautious approach, primarily driven by concerns about persistent inflation and a tight labor market. Despite some easing in price pressures, the bank has maintained a hawkish stance, emphasizing the need to ensure inflation sustainably returns to its target. Inflation levels: While falling, they remain above the Norges Bank’s target. Wage growth: Strong wage growth continues to fuel concerns about future inflation. Krone weakness: A weaker Norwegian Krone (NOK) can push import prices higher, complicating the inflation fight. Economic activity: The economy has shown resilience, though growth is slowing. The bank has previously signaled that rates might need to stay elevated for longer than initially anticipated. This patient approach contrasts sharply with the actions being considered by its neighbor. Why the Swedish Riksbank is Different Across the border, the situation in Sweden presents a different picture, leading the Swedish Riksbank to consider a potential interest rate cut. Sweden’s economy has faced more significant headwinds than Norway’s, and inflation has been falling at a faster pace. These factors have shifted the Riksbank’s focus towards supporting economic activity. Key differences driving the Riksbank’s likely decision: Faster inflation decline: Swedish inflation has decreased more rapidly towards the target compared to Norway. Economic slowdown: Sweden’s economy has experienced a more pronounced slowdown, with some sectors facing challenges. Housing market concerns: The Swedish housing market has been under pressure, partly due to higher borrowing costs. The market is now pricing in a high probability that the Swedish Riksbank will be one of the first major central banks to cut rates in this cycle. This potential move highlights a significant divergence in monetary policy outlook within the Nordic region. Potential Impacts: The NOK SEK Forecast The differing paths of the Norges Bank and the Swedish Riksbank have direct implications for the exchange rate between the Norwegian Krone (NOK) and the Swedish Krona (SEK). A potential rate cut by the Swedish Riksbank , while the Norges Bank holds steady the Norway interest rate , would typically be expected to weaken the SEK relative to the NOK. Consider the factors influencing the NOK SEK forecast : Factor Impact on NOK Impact on SEK Norges Bank holds rate Supportive Indirectly supportive (relative) Riksbank cuts rate Indirectly negative (relative) Negative Oil prices (Norway’s key export) Supportive (if rising) Limited direct impact Global risk sentiment Impacts both, NOK often more sensitive Impacts both While other factors like commodity prices (especially oil for Norway) and global economic sentiment also play a role, the divergence in interest rate policy is a primary driver for the short-term outlook on the NOK/SEK pair. Traders will be closely watching the language from both central banks for clues about future policy moves. Navigating the Diverging Monetary Policy Outlook The contrasting approaches of Norway and Sweden provide a clear example of how central banks in different economies, even neighbors, can arrive at different conclusions based on their specific economic conditions. This divergence in the monetary policy outlook is a key theme for investors and analysts tracking the global economy. Actionable insights from this situation: For Forex Traders: The NOK/SEK pair is likely to see increased volatility around the central bank announcements. The policy divergence creates a clear fundamental driver. For Businesses: Companies operating in both countries face different borrowing cost environments. Currency hedging strategies might be particularly relevant. For Individuals: Borrowing costs in Norway are likely to remain high, while those in Sweden may start to decrease, impacting mortgages and other loans differently. Understanding the rationale behind each central bank’s decision is vital. The Norges Bank remains focused on anchoring inflation expectations, while the Swedish Riksbank appears ready to provide stimulus to a struggling economy, despite potential risks to the SEK. Why the Norway Interest Rate is Holding Firm To reiterate, the decision to likely keep the Norway interest rate unchanged is not arbitrary. It stems from a careful assessment of the Norwegian economy’s specific challenges and strengths. The Norges Bank’s mandate is price stability, and given the factors mentioned earlier – stubborn inflation, wage pressures, and krone weakness – they see maintaining the current rate level as necessary to achieve their goal. Key considerations for the Norges Bank: Ensuring inflation falls back to the 2% target within a reasonable timeframe. Balancing the risks of tightening too much (harming growth) versus not tightening enough (allowing inflation to persist). Monitoring the impact of global economic developments on the small, open Norwegian economy. This steadfastness on the Norway interest rate path underscores the bank’s commitment to its primary objective, even as its neighbor pivots towards easing. Summary: A Tale of Two Policies The expected decision by the Norges Bank to hold the Norway interest rate steady, set against the backdrop of a potential rate cut by the Swedish Riksbank , highlights a significant divergence in monetary policy outlook in the Nordic region. This contrast is driven by differing inflation dynamics and economic conditions in the two countries. The resulting impact on the NOK SEK forecast will be a key focus for Forex markets. While Sweden prioritizes supporting its economy with potentially lower rates, Norway remains vigilant against inflation, keeping its rate elevated. This tale of two policies underscores the complexity central banks face in navigating the current economic landscape. To learn more about the latest Forex market, macro trends, and interest rates trends, explore our article on key developments shaping liquidity and institutional adoption. This post Norway Interest Rate Holds Crucial Contrast to Swedish Riksbank Cut first appeared on BitcoinWorld and is written by Editorial Team
Coinbase CEO Brian Armstrong moves to make stablecoin USDC Wall Street-ready
Bitcoin experiences a brief recovery amid geopolitical tensions and Federal Reserve uncertainties, influenced by comments from former President Donald Trump. Market participants remain cautious ahead of the June 18 FOMC
Daddy Tate (DADDY), Andrew Tate’s meme coin, is approaching its all-time low (ATL) again. The token dropped -3.80% over the past 24 hours as well as -15% on the weekly chart, and is currently below both its 10-day and 50-day moving averages, trading at $0.03288 at the time of publication. As things stand DADDY token is just $0.002 away from hitting its record lowest closing price of $0.03035 recorded back on February 3, 2025. DADDY price performance. Source: CoinMarketCap DADDY token performance While DADDY is red on every metric, the last time the price was this low, the token did manage to bounce back in the following weeks. For example, on March 3, just a month after its recorded ATL, it traded as high as $0.07268, before starting to dip again. However, the current moving average convergence divergence ( MACD ) shows a bearish momentum with a histogram value of -0.000387, as per CoinMarketCap. Trading volume is likewise down -1.95%, suggesting weak buying interest. Featured image via Shutterstock The post Andrew Tate’s crypto is about to hit a record low appeared first on Finbold .
BitcoinWorld Crucial Fed Rates Outlook: Citi Forecasts Unchanged, Sees Bullish US Dollar Risk Understanding macroeconomic shifts is key for anyone navigating the cryptocurrency landscape. While crypto operates on decentralized principles, external economic forces like changes in Fed rates and the strength of the US Dollar significantly influence market liquidity, investor sentiment, and capital flows. Recently, a notable perspective emerged from Citi, offering insights into the expected trajectory of US monetary policy and the potential path for the dollar. What is Citi’s Latest Citi forecast? Citi, a major global financial institution, has shared its latest economic outlook, particularly focusing on the US Federal Reserve’s actions and the implications for the currency markets. Their primary expectation centers on the Federal Reserve maintaining its current interest rates in the near term. This forecast aligns with a broader market sentiment that the Fed is likely to hold steady after a period of significant rate adjustments. However, the more intriguing part of Citi’s analysis is its view on the US Dollar . Despite the expectation of unchanged rates, Citi identifies a potential for ‘bullish risk’ for the dollar. This means they see factors that could lead to the dollar strengthening, even if interest rates aren’t rising further immediately. This outlook has significant implications for global finance and the Forex market . Why Unchanged Fed Rates? The Federal Reserve uses interest rates as a primary tool to manage inflation and economic growth. When inflation is high, they raise rates to cool down the economy. When growth is slow, they might lower rates to stimulate activity. Citi’s expectation for unchanged Fed rates likely stems from several factors: Inflation Data: Inflation has shown signs of moderating from its peaks, reducing the urgency for further rate hikes. Economic Growth: While resilient, there might be concerns about the pace of future growth, making the Fed cautious about tightening policy further. Lagged Effects: The full impact of previous rate hikes takes time to filter through the economy. The Fed may be waiting to assess these effects. Data Dependence: The Fed has repeatedly stated its decisions are data-dependent. Current data might not strongly signal a need for immediate action in either direction. This period of holding steady on interest rates allows the economy to adjust and provides the Fed time to evaluate incoming data before making future moves. Understanding ‘Bullish Risk’ for the US Dollar Citi’s view of ‘bullish risk’ for the US Dollar suggests that while a significant dollar rally isn’t guaranteed, the potential factors favoring a stronger dollar outweigh those favoring a weaker one under certain conditions. This could be influenced by: Relative Economic Performance: If the US economy continues to outperform other major economies, it can attract capital, boosting demand for the dollar. Safe-Haven Demand: Global uncertainties or market volatility can increase demand for the dollar as a safe asset. Yield Differentials: Even if the Fed isn’t hiking, existing relatively high US rates compared to other countries can make dollar-denominated assets attractive. Market Positioning: If the market is heavily positioned against the dollar, any positive news could trigger a sharp rally as traders adjust positions. This potential for dollar strength is a key takeaway from the latest Citi forecast and is closely watched in the Forex market . Impact on the Forex Market and Beyond The Forex market is directly impacted by expectations around Fed rates and the outlook for the US Dollar . A stronger dollar can affect exchange rates globally, making US exports more expensive and imports cheaper. For international investors, a rising dollar impacts the value of their US-based investments when converted back to their local currency. For the broader economy, the dollar’s strength influences commodity prices (often priced in USD), corporate earnings of multinational companies, and capital flows between countries. The Citi forecast provides one perspective on these complex dynamics. How Do Fed Rates and the US Dollar Influence Crypto? The connection between traditional finance metrics like interest rates and the crypto market is becoming increasingly evident. Here’s how Citi’s outlook could be relevant: Liquidity: Higher interest rates can reduce overall market liquidity as borrowing becomes more expensive. This can impact investment across asset classes, including crypto. Unchanged rates might signal stable liquidity conditions for now. Risk Appetite: A stronger US Dollar , especially if driven by safe-haven demand, can sometimes correlate with reduced appetite for riskier assets like cryptocurrencies. Conversely, dollar weakness can signal increased risk-taking. Capital Flows: As highlighted in the Citi forecast , expectations about the dollar influence where global capital moves. Shifts in capital flows can impact investment into or out of the crypto space. Macro Sentiment: The general economic outlook, heavily influenced by central bank policy and currency strength, shapes overall investor sentiment towards speculative assets. While crypto has its own drivers, ignoring these macro signals from reports like the Citi forecast would be a mistake for informed participants. Actionable Insights from the Citi Forecast Given Citi’s perspective on Fed rates and the US Dollar , what should market participants consider? Monitor Fed Communication: Pay close attention to official statements and speeches from Federal Reserve officials for any shifts in language or forward guidance. Track USD Performance: Observe the performance of the US Dollar against other major currencies in the Forex market . A strengthening trend could signal increasing safe-haven demand or relative US economic strength. Assess Risk Exposure: Understand how a stronger dollar or stable but potentially high interest rates might affect your portfolio, both in traditional assets and crypto. Diversification: Macro uncertainty underscores the potential benefits of a diversified investment approach. Staying informed about these macro developments, like the latest Citi forecast , is crucial for making decisions in a connected global market. Conclusion: Navigating the Macro Headwinds Citi’s expectation of unchanged Fed rates provides a picture of near-term stability in US monetary policy, a scenario that markets have largely priced in. However, their identification of ‘bullish risk’ for the US Dollar adds a layer of complexity, suggesting that underlying factors could favor dollar strength despite the pause in rate hikes. These dynamics in the Forex market are not isolated events; they send ripples across global asset classes, including the crypto market. For investors, keeping a pulse on reports like the Citi forecast offers valuable context for understanding broader market movements and potential future trends influenced by the strength of the US Dollar and the path of interest rates . To learn more about the latest Forex market trends, explore our article on key developments shaping US Dollar interest rates. This post Crucial Fed Rates Outlook: Citi Forecasts Unchanged, Sees Bullish US Dollar Risk first appeared on BitcoinWorld and is written by Editorial Team
Market focus has shifted to July or October for a likely U.S spot SOL ETF approval.
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance.
If you’re still waiting on a signal for what to buy before June ends, this is it. As the market heats up and retail sentiment spikes, analysts are doubling down on two tokens that could dominate the summer 2025 crypto cycle, Dogecoin (DOGE), the OG meme coin making a surprising comeback, and Mutuum Finance (MUTM) , a low-price DeFi coin turning heads. The presale of Mutuum Finance is now in Phase 5, with MUTM priced at just $0.03, rapidly approaching the Phase 6 price of $0.035. With the token set to go live at $0.06, early buyers are locking in a guaranteed 100% ROI. Many are calling Mutuum Finance one of the top tokens of the summer and a serious coin for the best crypto to buy in 2025. Whether you’re holding or hunting, these two assets are all over watchlists, and one of them is still trading under $0.05. Dogecoin’s Summer Setup: Meme Power Meets Market Momentum Dogecoin (DOGE) is currently trading around $0.18, slightly down from its recent highs near $0.20, where it faced strong resistance. Despite the dip, analysts remain bullish as DOGE holds a key support zone around $0.18 and continues to show signs of consolidation, often a precursor to a breakout. Market buzz is also fueled by speculation of a future Dogecoin ETF and renewed attention. With the broader meme coin narrative heating up this summer, Dogecoin is reclaiming its position as a leading community-driven asset with real momentum behind it. While it’s not without volatility, Dogecoin is once again a top contender for traders hunting mid-cycle gains. Mutuum Finance (MUTM), meanwhile, is also catching expert attention as a low-price DeFi gem. Mutuum Finance Presale Mania: $10.7 M Already Raised Mutuum Finance is exploding in popularity, and it’s not hard to see why. With its innovative two-way lending model, this DeFi powerhouse has already attracted over 12,100 investors and raised $10.7 million, and it’s not slowing down. The MUTM token price is set to jump to $0.035 in Phase 6, marking a 16.67% surge, meaning those who get in now are positioned for major gains. Early adopters are locking in profits. Mutuum Finance’s Lending Platform Mutuum Finance combines both Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending, giving users reliable returns from USDT pools via the P2C model and full control of direct crypto transactions via the P2P model. Mutuum’s USD-Pegged Stablecoin Mutuum Finance is not just riding the DeFi wave it’s building its own. Their upcoming overcollateralized USD-pegged stablecoin, launching on Ethereum, is designed to maintain price stability and avoid the pitfalls that have been seen with algorithmic stablecoins. With the project already audited and approved by CertiK, Mutuum Finance is laying the groundwork for massive adoption, and those paying attention now could reap the biggest rewards later. In addition, the platform is running a massive $100,000 giveaway , where 10 lucky winners will receive $10,000 each in Mutuum Finance tokens. Mutuum Finance (MUTM) is capturing serious investor attention this month, standing out as one of the best crypto opportunities of 2025 alongside Dogecoin (DOGE). With over $10.7 million raised and 12,100+ investors already on board, the project is proving it’s more than just hype. Currently priced at $0.03 in Phase 5, MUTM offers a 100% ROI at launch, with the next presale jump to $0.035 fast approaching. Backed by a CertiK audit, a dual lending model (P2C and P2P), and a soon-to-launch USD-pegged stablecoin, Mutuum Finance is building real DeFi utility. Add in a $100K giveaway and it’s clear why market experts are calling this one of the top tokens to watch before June ends. Secure your position now before the next price surge. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance