Crucial Federal Reserve Update: Mary Daly Signals Hope for Fall Interest Rate Cut

BitcoinWorld Crucial Federal Reserve Update: Mary Daly Signals Hope for Fall Interest Rate Cut In the dynamic world of cryptocurrency, understanding the broader economic landscape is paramount. Decisions made by institutions like the Federal Reserve directly influence market sentiment, liquidity, and investor behavior. Recently, comments from a key Fed official have provided insights into the potential direction of monetary policy , offering a glimpse into what the rest of the year might hold. What Did Mary Daly Say About an Interest Rate Cut? During a June 20 interview with CNBC, San Francisco Federal Reserve Bank President Mary Daly shared her perspective on the timing of potential adjustments to the benchmark interest rate. Her remarks centered on the delicate balance the Fed is trying to strike between controlling inflation and maintaining economic stability. According to Daly, a significant takeaway from her comments was the likelihood of an interest rate cut occurring in the fall, *unless* there is a notable and sustained weakening in the labor market . This condition is crucial, as the Fed’s dual mandate includes both achieving maximum employment and maintaining price stability. Furthermore, Daly expressed a preference to postpone any definitive rate decisions until the economic effects of recently implemented tariffs become clearer. Tariffs can impact inflation (by increasing import costs) and economic growth (by affecting trade), complicating the Fed’s economic forecasts and policy responses. Why Does the Labor Market Hold Such Weight for the Fed? The health of the labor market is a primary indicator the Federal Reserve uses to gauge the overall strength of the economy and potential inflationary pressures. A strong labor market, characterized by low unemployment and rising wages, can fuel consumer spending and contribute to inflation. Conversely, a weakening labor market, with increasing layoffs and stagnant wages, can signal slowing economic activity and potentially ease inflationary pressures. Here’s why the labor market is so critical: Employment Mandate: The Fed is tasked with promoting maximum employment. Significant job losses would push them towards stimulating the economy, often through lower interest rates. Wage Growth & Inflation: Strong wage growth is often passed on to consumers through higher prices, contributing to inflation. Monitoring wage trends helps the Fed predict future price movements. Consumer Confidence: A secure job market boosts consumer confidence, encouraging spending, which is a major driver of economic growth. Therefore, Daly’s emphasis on the labor market underscores the Fed’s data-dependent approach. They are looking for concrete evidence of economic shifts before committing to a policy change like an interest rate cut . How Does Monetary Policy Influence Cryptocurrency? Understanding the Federal Reserve’s monetary policy is vital for anyone involved in cryptocurrency. While not directly controlled by central banks, crypto markets are significantly influenced by macro-economic conditions and liquidity. Here’s the connection: Interest Rates and Risk Assets: Generally, lower interest rates make traditional savings accounts and bonds less attractive. This can encourage investors to seek higher returns in riskier assets, such as stocks and cryptocurrencies. A potential interest rate cut in the fall could theoretically increase appetite for crypto. Liquidity: When the Fed lowers rates or implements other easing measures, it increases the money supply (liquidity) in the financial system. More liquidity can flow into various asset classes, including crypto. Economic Sentiment: The Fed’s outlook on the economy, reflected in their policy decisions and forward guidance, shapes overall market sentiment. Positive signals about growth or controlled inflation can boost confidence in risk assets. Conversely, concerns about a weakening labor market could lead to broader market sell-offs, impacting crypto. Mary Daly’s comments, therefore, aren’t just abstract economic talk; they are potential signals about future liquidity conditions and risk appetite that could directly or indirectly affect the value of your digital assets. What Challenges and Uncertainties Lie Ahead? While Mary Daly’s remarks offer a potential timeline for an interest rate cut , they also highlight the significant uncertainties the Federal Reserve faces: Labor Market Trajectory: Will the labor market remain resilient, or will it show the ‘notable and lasting decline’ that would alter the Fed’s plans? Recent data has been mixed, making the outlook cloudy. Tariff Impact: The full effects of tariffs on inflation and supply chains take time to materialize. Waiting for clarity adds a layer of complexity to economic forecasting. Inflation Persistence: Although inflation has cooled from its peak, it remains above the Fed’s 2% target. The Fed must be confident that easing monetary policy won’t reignite price pressures. Global Factors: Geopolitical events and economic conditions in other major economies can also influence the US economy and the Fed’s decisions. These factors mean that while a fall cut is ‘likely’ under certain conditions, it is by no means guaranteed. The Fed remains data-dependent, and incoming economic reports between now and the fall will be critical. Actionable Insights for Crypto Holders Given the potential influence of monetary policy on crypto markets, what can you do? Stay Informed: Pay close attention to statements from Federal Reserve officials and read summaries of FOMC meetings. Understand their current economic outlook and priorities. Monitor Key Data: Keep an eye on major economic indicators, especially those related to the labor market (e.g., jobs reports, unemployment rate, wage growth) and inflation (e.g., CPI, PCE). Understand Sensitivity: Recognize that cryptocurrency markets can be highly sensitive to changes in liquidity expectations and risk sentiment driven by Fed actions. Diversify and Manage Risk: Don’t place all your investment hopes on a single macro event like an interest rate cut . Maintain a diversified portfolio and have a clear risk management strategy. While predicting exact market movements based on Fed signals is impossible, being informed allows you to better understand the potential forces at play. Summary: Navigating Fed Signals and Crypto Markets San Francisco Fed President Mary Daly’s recent comments suggest that a fall interest rate cut is a plausible scenario, contingent on the labor market not showing significant deterioration and gaining clarity on tariff impacts. This potential shift in monetary policy is highly relevant for cryptocurrency investors, as lower rates can influence liquidity and risk appetite in financial markets. However, the path forward is filled with uncertainty, driven by evolving economic data and external factors. The Federal Reserve’s decisions will remain data-dependent, making it crucial for market participants to stay informed about key economic indicators and central bank communications. Understanding these macro-economic dynamics is key to navigating the interconnected world of traditional finance and digital assets. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action . This post Crucial Federal Reserve Update: Mary Daly Signals Hope for Fall Interest Rate Cut first appeared on BitcoinWorld and is written by Editorial Team

Read more

Allegations Against Garden Finance Suggest Possible North Korean Money Laundering Risks for Ethereum DeFi Ecosystem

Recent investigations by blockchain analyst ZachXBT have uncovered allegations that Garden Finance facilitated money laundering activities linked to North Korea’s Lazarus Group, raising critical concerns about DeFi security. The purported

Read more

Nakamoto Holdings Raises $51.5M in 72 Hours to Buy More Bitcoin!

The post Nakamoto Holdings Raises $51.5M in 72 Hours to Buy More Bitcoin! appeared first on Coinpedia Fintech News Backed by Trump’s crypto advisor David Bailey, Nakamoto Holdings has secured $51.5 million in lightning-fast funding—fueling its bold Bitcoin treasury ambitions. Investor Frenzy Sends Bitcoin Treasury Play into Overdrive Nakamoto Holdings, a rising Bitcoin treasury firm led by U.S. President Trump’s crypto advisor David Bailey, has raised $51.5 million via a PIPE (private investment in public equity) round. The deal was confirmed by merger partner KindlyMD and priced at $5.00 per share, completed in under 72 hours. “Investor interest in Nakamoto is exceptionally high,” said Bailey . “We’re staying focused on raising capital to buy as much Bitcoin as possible.” This latest round brings KindlyMD’s total funding to $563 million, and with convertible notes, the merged entity now commands $763 million in capital—setting the stage for Nakamoto’s aggressive BTC buying spree. Building a Bitcoin Treasury Powerhouse Nakamoto Holdings aims to rival giants like MicroStrategy and Europe’s Blockchain Group, which recently added $20 million in Bitcoin to its $170 million stash. The newly raised funds will primarily go toward Bitcoin acquisitions, with the remainder covering business operations. The move aligns with Nakamoto’s pending merger with Nasdaq-listed KindlyMD, set to close in Q3 2025. Merger Unlocks Bitcoin-Native Financial Innovation Following shareholder approval last month, KindlyMD’s merger with Nakamoto will give rise to a Bitcoin-focused financial entity—designed to build Bitcoin-native businesses through equity, debt instruments, and strategic investments. The momentum comes as 27 companies added BTC to their balance sheets, according to BitcoinTreasuries.NET—signaling a wave of corporate Bitcoin adoption . .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Bitcoin Demand Momentum Shows Bears Are Giving Up – Price Reversal Ahead? , Risks Remain in a Volatile Market Despite the bullish narrative, not all analysts are convinced. Fakhul Miah of GoMining Institutional cautions that smaller firms may lack the risk protections needed in turbulent markets. Meanwhile, Standard Chartered warns of potential liquidation risks if Bitcoin drops below $90,000, which could damage market sentiment and investor confidence. The Bottom Line Nakamoto Holdings is charging ahead in its mission to become a Bitcoin treasury titan, backed by Trump-aligned leadership and swift capital support. Whether the strategy will withstand market volatility remains to be seen—but for now, investor appetite is off the charts .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = "6"; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var templateId = '6'; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById('subscribe-modal-design'); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions. Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: '98b63c3be8', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); FAQs What is Nakamoto Holdings? Nakamoto Holdings is a Bitcoin treasury company founded by David Bailey, Trump’s crypto advisor. It aims to build a global portfolio of Bitcoin-native businesses and aggressively accumulate Bitcoin in its treasury. Who is David Bailey and what is his role at Nakamoto Holdings? David Bailey is U.S. President Trump’s crypto advisor and a key leader at Nakamoto Holdings. He is focused on raising capital to aggressively purchase Bitcoin for the company’s treasury.

Read more

Ethereum Trader Possibly Nets $20M in One Month Amid Market Fluctuations

An anonymous Ethereum trader has impressively netted over $20 million in just one month by executing highly strategic trades on ETH’s volatile market. Leveraging precise timing, the trader capitalized on

Read more

Early Ozak AI Investors Eye 50,000% ROI as Presale Heats Up

Ozak AI is shaping up as one of the most promising entrants in the blockchain and artificial intelligence field, as its current presale is sparking a keen interest among investors. The fourth presale phase of Ozak AI token (OZ) costs only $0.005. Thus far, the project has collected more than 1.2 million USD in presale contributions from early adopters who believe in the real-world usefulness of AI and its tokenomics. Having a total and maximum supply of 10 billion OZ and no supply circulating at all, the platform stands in a position to grow significantly in the future. Recent projections have indicated a potential that early adopters can get returns of more than 50,000 percent. Optimism Among Investors Over the Low Entry Price of Ozak AI The fourth phase of Ozak AI presale is underway, and the token is offered at a low price point of 0.005. This has helped drive the participation of huge numbers of participants in the initial stages of this presale. The project will have a much lower entry barrier to retail and institutional investors as compared to many other AI crypto projects going live at a higher price. The presale will be held in several rounds, where the prices of each round will be higher. Such a structure is beneficial to early adopters, who trust the project roadmap and plan to scale. The low cost of the current level allows expecting the high returns of the sum invested, at least in the case of the Ozak AI achieving mainstream success after the launch. Over $1.2 Million Raised Reflects Strong Market Demand Ozak AI has already raised more than 1.2 million dollars during the presale campaign, which indicates that it is likely to attract the attention of the crypto community. This magnitude of financial support proves to be particularly remarkable considering that the project is not far advanced. Its total supply limit of 10 billion OZ has never been touched, and supports scarcity and allows the people who have bought it early to have exclusive access. Confidence among investors has been compounded by the fact that the presale is transparent and that it is increasingly gaining coverage in the media, and the narrative is very positive. Its $1 million giveaway is also a noteworthy event that is gaining investor interest in the project investment. Also, a mix of issues of AI and blockchain quantum adopted in the project attracts a large number of supporters interested in innovation-based properties. All these conditions cause the presale of Ozak AI to become one of the most closely followed in the AI crypto niche. Projections of 50,000% Returns Create Euphoria in Cryptoverse The main difference between Ozak AI and a lot of other projects still in growth stages is its opportunity to make a profit. As per recent estimates, market projections, and speculations, early investors may gain up to 50,000 per cent in case Ozak AI hits its projected value after launching. This number is heating up crypto-related chats and social networks. Although it is important to exercise caution when estimating such ROIs, these are not the first of their kind in the context of the crypto ecosystem, particularly when the latter had a narrative, a good technology, and a following. Once all of the promises made by Ozak AI are fulfilled, the current price of OZ tokens of $0.005 will become a life-changing profit to those who were there at the start. Supply scarcity may also contribute to the price movement when the token is listed on exchanges, since there are no tokens trading yet, and the demand has seen an increase at different stages of the presale. These few months may be decisive since the project is planning to transform hype into a success in the long run. For more information about Ozak AI, visit the links below: Website : Twitter/X : Telegram 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.

Read more

Bitcoin Primed To Hit New All-Time High Once BTC Breaks Above This Resistance Level, According to Trader Michaël van de Poppe

Cryptocurrency analyst and trader Michaël van de Poppe says Bitcoin ( BTC ) is showing signs of turning bullish. Van de Poppe tells his 792,200 followers on the social media platform X that Bitcoin could soar above the $112,000 price and hit a new all-time high if BTC manages to break above the resistance level at around $108,900. “Bitcoin trending back upwards, which is a great sign.” Source: Michaël van de Poppe/X Based on the widely followed analyst’s Bitcoin chart on the four-hour time frame, it appears Van de Poppe sees BTC witnessing a dip to the zone around $100,000 if the crypto king loses $105,500 as support. Bitcoin is trading at $105,617 at time of writing. Next up is the scaling solution Optimism ( OP ). According to the widely followed analyst and trader, Optimism has formed a bullish divergence against Bitcoin on the three-day time frame. A bullish divergence forms when price makes lower lows or trends sideways while an indicator such as the Relative Strength Index (RSI) is forming higher lows. Van de Poppe says that the bullish divergence OP is forming could indicate the altcoin is “likely to turn around really soon” against Bitcoin. Source: Michaël van de Poppe/X OP is trading at 0.00005373 BTC ($0.561) at time of writing. 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: DALLE3 The post Bitcoin Primed To Hit New All-Time High Once BTC Breaks Above This Resistance Level, According to Trader Michaël van de Poppe appeared first on The Daily Hodl .

Read more

Ethereum Long-Term Holders Increase Sell-Offs Amid Bearish Signals, Potential Price Drop Considered

Ethereum’s long-term holders are increasingly selling their positions, as evidenced by the all-time high in Ethereum Liveliness, signaling potential bearish momentum. The Chaikin Money Flow (CMF) indicator remains negative, reflecting

Read more

Aflac Insurance confirms customers private info and social security numbers lost to hack

Aflac, one of America’s largest insurance providers, confirmed on Friday that it had been the victim of a cyberattack that stole the personal information of its customers, including Social Security numbers. According to the company, the June 12 exploit was carried out by a “sophisticated cybercrime group” using advanced social engineering tactics. Per a Friday press statement , the company asserted that it initiated its cybersecurity response protocols after detecting suspicious activity within its US network. Though ransomware was not deployed, Aflac admitted that an unauthorized actor had entered its systems through deceptive social manipulation. “ We regret that this incident occurred. We will be working to keep our stakeholders informed as we learn more and continue investigating the incident ,” Aflac stated. Insurance company suffers in ‘month of hacks’ The breach adds to a list of cyber intrusions on insurance firms this month. Earlier in June, Erie Insurance and Philadelphia Insurance Companies also disclosed cyberattacks on their networks. In its statement, Aflac claimed the incident “was part of a cybercrime campaign against the insurance industry.” The company insists that once the breach was detected, the intrusion was halted within hours, and core operations were unaffected. “ We continue to serve our customers as we respond to this incident and can underwrite policies, review claims, and otherwise service our customers as usual, ” Aflac wrote on Friday The insurance company did not name the attackers, but cybersecurity analysts believe the breach may be linked to Scattered Spider, a notorious group of hackers known for targeting US corporations. The group gained authorities’ attention in 2023 after taking part in high-profile attacks on MGM Resorts and Caesars Entertainment in Las Vegas. Scattered Spider, believed to include young hackers based in the United States and the United Kingdom, reportedly uses rapid, aggressive tactics and advanced deception. According to a forthcoming report from cybersecurity firm Halcyon, the group often registers domain names that resemble legitimate IT support sites. They use the webpages to impersonate internal help desks and trick employees into granting them access. “ They can execute their full attacks in hours. Most other ransomware groups take days ,” explained former FBI Deputy Assistant Director Cynthia Kaiser, who oversaw investigations into the group. She now works at Halcyon and continues to track the group’s activities. John Hultquist, chief analyst at Google’s Threat Intelligence Group, supports Kaiser’s sentiment. “ While people focus on state actors like Iran, the threat I lose sleep over is Scattered Spider ,” he said. “ They are already taking food off shelves and freezing businesses .” The 60 Minutes program on CBS News recently showed how hackers have broadened their targets to include municipalities, hospitals, hotels, and major corporations. In one example, last year’s cyberattack on UnitedHealth Group, reportedly executed by a group called ALPHV, cost providers an estimated $100 million per day in damages. Aflac moves on to customer support and recovery After discovering there was a breach, Aflac said it engaged top-tier third-party cybersecurity operators to lead the investigation. The company said it is currently reviewing files that may have been affected and is reaching out to impacted customers. “ The potentially affected files contain claims information, health information, social security numbers, and/or other personal information, related to customers, beneficiaries, employees, agents, and other individuals in our US business ,” the statement read. Aflac is also offering free credit monitoring, identity theft protection, and Medical Shield coverage for the next 24 months. The company promised its clients that the findings will be transparent and that it will continue to share updates as the investigation progresses. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

Read more

Revolutionary Web3SOC: Uniswap Labs Leads Charge for Standardized DeFi Assessment

BitcoinWorld Revolutionary Web3SOC: Uniswap Labs Leads Charge for Standardized DeFi Assessment The world of decentralized finance (DeFi) is constantly evolving, bringing incredible innovation but also complexity. As institutions increasingly look to engage with this space, a critical need has emerged for clear, standardized ways to evaluate projects. Enter Web3SOC , a groundbreaking initiative designed to tackle just that challenge. What is the Web3SOC Framework and Who is Behind It? At its core, Web3SOC is a newly introduced framework aiming to provide a standardized method for assessing and organizing DeFi projects. Think of it as a common language and checklist for understanding the health and reliability of a decentralized protocol. This isn’t a solo effort. A powerful consortium of DeFi developers and Web3 security platforms has joined forces to launch Web3SOC. Key players include: Uniswap Labs: A major force in the DeFi space, known for its leading decentralized exchange protocol. Morpho Maple Finance Kiln Steakhouse Financial Cantina (Web3 security platform) Secureum (Web3 security platform) The collaboration between prominent DeFi projects and security experts highlights the dual focus of Web3SOC: operational assessment alongside robust Web3 security considerations. Why is Standardized DeFi Assessment Crucial? For the longest time, evaluating DeFi projects has been a bit like the wild west. Different projects have varying levels of transparency, documentation, and approaches to crucial areas like security and governance. This lack of standardization makes it difficult, and risky, for larger entities – particularly traditional financial institutions – to confidently interact with DeFi protocols. Standardized DeFi assessment provides: Clarity: A common set of criteria makes it easier to compare different projects objectively. Trust: A rigorous assessment process builds confidence in the reliability and security of a protocol. Efficiency: Institutions can streamline their due diligence processes instead of reinventing the wheel for every project. This framework is explicitly designed to pave the way for increased institutional DeFi engagement by providing the structured information and assurance they require. How Does Web3SOC Help Prepare for Institutional DeFi? The Web3SOC framework isn’t just for external evaluators; it’s also a powerful self-assessment tool for DeFi teams themselves. By using the framework internally, projects can identify potential gaps and areas for improvement before they even approach institutions. According to a blog post detailing the initiative, Web3SOC helps institutions assess DeFi organizations across several key areas: Assessment Area What it Covers Governance How decisions are made, voting mechanisms, power distribution, transparency of processes. Security Smart contract audits, operational security, key management, incident response plans. Financial Stability Protocol economics, treasury management, solvency, risk management practices. Regulatory Alignment Understanding and addressing relevant legal and compliance considerations. For a DeFi project looking to attract institutional capital or partnerships, demonstrating a strong showing across these areas using a recognized framework like Web3SOC could become essential. What are the Benefits of Adopting Web3SOC? The benefits of a standardized DeFi assessment framework like Web3SOC are multifold: For Institutions: Reduced risk through standardized evaluation, clearer understanding of protocol operations and security posture, faster due diligence, and increased confidence in the DeFi ecosystem. This is a direct pathway to scaling institutional DeFi participation. For DeFi Projects: A clear roadmap for improving internal processes, enhanced credibility when engaging with institutions, ability to benchmark against industry standards, and potentially attracting more sophisticated users and capital. It helps projects bolster their Web3 security and operational resilience. For the Ecosystem: Increased transparency, fostering trust, promoting best practices, and ultimately accelerating the maturation and adoption of decentralized finance on a larger scale. What’s Next for Web3SOC? The launch of Web3SOC marks a significant step, but it’s likely just the beginning. The framework will need widespread adoption and refinement over time. The collaborative nature of its founding group, including influential players like Uniswap Labs , suggests a strong potential for it to become an industry standard. The success of Web3SOC will depend on ongoing community input, evolution of the framework to adapt to the fast-changing DeFi landscape, and consistent application by both projects and evaluators. Conclusion: A Step Towards Maturing DeFi The introduction of the Web3SOC framework by a consortium including major players like Uniswap Labs is a clear signal that the decentralized finance space is maturing. By providing a standardized approach to DeFi assessment covering crucial areas like governance, security, and financial health, Web3SOC aims to build trust and clarity. This initiative is a vital step in bridging the gap between innovative DeFi protocols and the stringent requirements of institutional DeFi , ultimately contributing to the broader adoption and stability of Web3 security and decentralized technologies. To learn more about the latest DeFi trends, explore our articles on key developments shaping institutional adoption and Web3 security. This post Revolutionary Web3SOC: Uniswap Labs Leads Charge for Standardized DeFi Assessment first appeared on BitcoinWorld and is written by Editorial Team

Read more

XRP price rally’s biggest earners are selling $68.5M tokens every day

XRP could drop 35%, potentially revisiting the $1.35–$1.60 range, on-chain and technical metrics suggest.

Read more