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Federal Reserve Chairman Jerome Powell says that current market and economic conditions could allow for an interest rate cut soon. In his speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the Fed Chair cited “sweeping changes” in tax, trade and immigration policies. The result is that “the balance of risks appears to be shifting” between the Fed’s twin goals of full employment and stable prices. Thus, future cuts are possible. JUST IN: Fed Chair Jerome Powell suggests current conditions 'may warrant' interest rate cuts. pic.twitter.com/Ogn5NsxHOz — Watcher.Guru (@WatcherGuru) August 22, 2025 Powell noted that compared to the state of the economy during his speech last year, unemployment is lower and the labor market is in better condition. He went on to indicate that these conditions allow “us to proceed carefully as we consider changes to our policy stance.” “Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks ...

According to the data from Farside Investors, BlackRock’s Bitcoin (BTC) ETF purchased $351.4 million worth of the asset on May 1. The world’s largest asset manager has bought $3.2 billion worth of BTC since Apr. 22. Also Read: Eric Trump Says Crypto Will Replace SWIFT: 3 Coins That Can Make It Happen Source: Farside Investors Bitcoin Gains Amid Big BlackRock Purchases Source: Watcher Guru BlackRock’s recent purchases coincide with BTC’s latest recovery rally. BTC is facing some resistance at the $97,000 mark. The asset briefly breached the $97,000 mark earlier today. The original crypto has since fallen to the $96,000 level. BTC is trading in the green zone across the board today. The asset is up 1% in the daily charts, 3.5% in the weekly charts, 14.8% in the 14-day charts, 14.3% in the monthly charts, and 67.8% since May 2024. Source: CoinGecko Also Read: Charles Schwab on the U.S. Dollar’s 7.3% Slide and What’s Ahead Other bullish developments may have also aid...

There is no denying that the US dollar has seen a gradual decline in global dominance. The de-dollarization movement has taken substantial hold over international trade. China is one of the most significant advocates for bringing a dollar alternative to the international table. BlackRock’s CEO also shed some light on the developing situation. Also Read: Shiba Inu Prediction: AI Sets SHIB Price For April 25, 2025 BlackRock CEO Speaks On The Future Of The USD Source: Fox Business Higher interest rates have ballooned the US federal debt. President Trump has taken a strong stance against America’s growing debt. The current US debt is around 120% of the total annual economic output. This development could further push the de-dollarization agenda. It could also lead to the US losing its economic dominance. According to BlackRock CEO Larry Fink, “ If deficits keep ballooning, America risks losing that position to digital assets like Bitcoin. “ Also Read: Top 3 Cryptocur...

BitMEX co-founder Arthur Hayes says that Donald Trump’s tariffs are good for Bitcoin (BTC) because the government will offset the economic pain they cause by printing money. “Some of y’all are running scurred, but I LOVE TARIFFS,” he said i n an April 3 thread on X. ” Global imbalances will be corrected, and the pain papered over with printed money, which is good for $BTC .” Arthur Hayes Tells Traders And Investors To Be Patient Investors just need to be patient, said Hayes, as governments across the globe start to print more money, subsequently introducing more liquidity that could flow into the crypto market. The BitMEX co-founder noted that the US dollar is weakening while offshore investors sell US tech stocks. He believes that this could benefit BTC and gold over the medium term. The $ is weakening alongside foreigners selling US tech stocks and bringing money home. This is good for $BTC and gold over medium term. pic.twitter.com/XzRcxOaJ...

Arthur Hayes says Bitcoin likely bottomed at $77K, XRP jumped after the SEC dropped its appeal against Ripple, and Donald Trump urged the Fed to cut interest rates. In a March 20 X post , BitMEX co-founder Hayes predicted that quantitative tightening will be “basically over” by April 1. “The next thing we need to get bulled up for realz is either SLR exemption and or a restart of QE,” he added. XRP Rallies After Ripple SEC Case Ends The BitMEX co-founder’s remarks come as XRP rallied over the past 24 hours. This was after the long-standing case between the Securities and Exchange Commission  and Ripple Labs, the company behind XRP, ended.  Ripple CEO Brad Garlinghouse shared the development in an X post yesterday. He said that the regulator dropped its appeal against a ruling that said XRP is not a security when sold on the retail market.  This is it – the moment we’ve been waiting for. The SEC will drop its appeal – ...