Traders Bet On Two Fed Rate Cuts This Year Ahead FOMC Minutes Release
Traders now expect only two Fed rate cuts in 2024, down from earlier predictions of four, as uncertainty grows ahead of the FOMC minutes release. Mixed Fed signals and economic concerns are influencing market expectations.
100 Million People Will Own Bitcoin Soon: JD Vance at Bitcoin 2025
US Vice President JD Vance predicts 100 million people will soon own Bitcoin, calling it a hedge against inflation and bad policy. He criticized regulators and vowed pro-crypto policies.
U.S. Labor Department Picks Up Crypto Torch, Throws Out Previous Warnings
The U.S. Department of Labor reverses its earlier warnings about crypto in retirement savings, emphasizing neutrality. This aligns with Trump administration efforts to reduce barriers to crypto investments.
Publicly Traded Bitcoin Miners Slide as Sector Sees Broad Losses – Mining Bitcoin News
Publicly traded Bitcoin mining stocks declined significantly, with major firms like Galaxy Digital Holdings experiencing double-digit losses amid sector-wide downturns.
Cork Protocol hacked for $12M, smart contracts paused
Cork Protocol suffered a $12M hack via a smart contract exploit, prompting contract pauses. This follows Cetus DEX’s $223M hack, highlighting ongoing DeFi security challenges and the need for improved measures.
Monero Plunge 15%: Liquidation Risk Looms Below $331 Support – Can Bulls Hold ETHNews
Monero (XMR) dropped 15% in 24 hours, testing critical $331 support. Long traders face liquidation risks, while spot buyers acquired $1.59M XMR. Price recovery depends on holding $331 or finding lower support.
FTX to Distribute Over $5 Billion in Stablecoins to Creditors With Claims Above $50,000 on May 30 – “The Defiant”
FTX will distribute over $5 billion in stablecoins to creditors with claims above $50,000 on May 30, 2025, potentially boosting crypto market liquidity and altcoin activity.
Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound
Dogecoin shows signs of a potential rebound as it consolidates near $0.25 resistance. A TD Sequential buy signal hints at short-term upside, with analysts eyeing a breakout for further gains.
GameStop Stock Dives After Retailer Announces $512 Million Bitcoin Buy – Decrypt
GameStop’s stock dropped over 10% after announcing a $512 million Bitcoin purchase, despite initial gains from its crypto treasury strategy. The move follows CEO Ryan Cohen’s meeting with Bitcoin advocate Michael Saylor.
Deadfellaz To Debut Ghost Machine NFT Collection on June 5
DFZ Labs announces Ghost Machine, a 50,000-piece hyper-pop art NFT collection launching June 5 on ApeChain. Deadfellaz and Deadfrenz holders can mint for free, with allowlist details coming soon.
