Amid the Trump tariffs and calls for rate cuts, Federal Reserve Chair Jerome Powell has met with US President Donald Trump for the first time in the president’s second term. Trump has heavily criticized Powell these past few weeks, while urging the Fed Chair to cut interest rates. Jerome Powell Meets With Donald Trump According to a Federal Reserve statement, the Fed Chair met with Trump today at the White House at the president’s invitation. The duo discussed economic developments, including growth, employment, and inflation. The statement noted that Jerome Powell didn’t discuss his expectations for monetary policy, except for emphasizing that the path of policy will depend entirely on incoming economic information and what that means for the outlook. Meanwhile, the Fed Chair also mentioned that he and his colleagues on the FOMC will set monetary policy, as required by law, to support maximum employment and stable prices. They… Read More at Coingape.com
On March 15, 2025, Kaito AI, an artificial intelligence-powered platform for crypto market analysis, and its founder, Yu, fell victim to a social media hack on X (formerly Twitter). The attackers gained control of the account and falsely claimed that Kaito AI’s wallets had been compromised, warning users that their funds were at risk.
According to blockchain investigator Defi Warhol, the attackers also reportedly opened a short position on Kaito tokens before posting the false alerts. Their goal appeared to be manipulating the token’s price downward so they could profit from the artificial decline.
However, Kaito AI’s team quickly regained control of the compromised account and reassured users that their wallets remained secure. The team also said that they had implemented robust security measures to prevent such incidents in the future, noting that the attack seemed similar to other recent breaches targeting crypto-related accounts.
The company wrote, “This account and @Punk9277 were just compromised. The KAITO wallets were NOT and are NOT compromised. We now have regained access to the twitter accounts. Please bare with us as we investigate how this happened. We had high standard security measures in place to prevent it – so it seems to be similar or the same to other recent Twitter account hacks. We’ll update as soon as we can. To reiterate – KAITO token wallets have not been compromised.”
The rise in such cyberattacks has led to an alarming increase in losses within the crypto ecosystem. According to a report by blockchain security platform Immunefi, losses in February 2025 were 20 times higher than in January 2025, with a sharp increase in scams targeting investors.
The post Crypto News: Hackers Target Kaito AI with False Claims of Wallet Compromise appeared first on Coinpedia Fintech News
On March 15, 2025, Kaito AI, an artificial intelligence-powered platform for crypto market analysis, and its founder, Yu, fell victim to a social media hack on X (formerly Twitter). The attackers gained control of the account and falsely claimed that Kaito AI’s wallets had been compromised, warning users that their funds were at risk. According …
Ripple’s Chief Legal Officer, Stuart Alderoty, recently spoke out about the U.S. Securities and Exchange Commission’s (SEC) handling of cryptocurrency cases. Commenting on the agency’s decision to drop its appeal against Ripple, Alderoty questioned why the SEC even pursued such cases in the first place.
He pointed out that the SEC hasn’t just withdrawn its case against Ripple, but has started backing down from actions against other crypto companies as well. According to Alderoty, this is because the SEC has been enforcing rules without clearly explaining what those rules are.
“We never had proper guidelines and regulations for crypto in this country,” Alderoty said. “Now, it’s time to clean up the mess, focus on running our businesses, and work alongside Congress to create smart, clear crypto regulations.”
In the newest Crypto In One Minute, Ripple’s Chief Legal Officer @s_alderoty explains why the SEC dropped its appeal against Ripple in March 2025, and where the US is going with smart crypto regulation on the horizon: https://t.co/HJ4wTBWDmx
He said that these new regulations should protect consumers, ensure market integrity, keep bad actors out, and most importantly — allow innovation in the crypto space to grow.
The post Ripple Lawsuit News: CLO Reveals Why The SEC Agreed To Drop XRP Case After Four Years appeared first on Coinpedia Fintech News
Ripple’s Chief Legal Officer, Stuart Alderoty, recently spoke out about the U.S. Securities and Exchange Commission’s (SEC) handling of cryptocurrency cases. Commenting on the agency’s decision to drop its appeal against Ripple, Alderoty questioned why the SEC even pursued such cases in the first place. He pointed out that the SEC hasn’t just withdrawn its …
Etheruem price retraced below the $1,700 mark on Tuesday, April 22, as bulls struggled to contain an initial 3% rally.
Galaxy Digital pivots to Solana amid Ethereum headwinds
Galaxy Digital has exchanged roughly $106 million worth of Ethereum (ETH) for Solana (SOL), according to blockchain data analytics platform, Lookonchain.
The trades occurred over the past two weeks on Binance, suggesting a significant portfolio reshuffle away from Ethereum.
This move comes as ETH price fell below $1,700 on Tuesday, after intially rallying to a new monthly peak of $1,725 around noon CET.
The firm’s transactions reflect a broader shift in institutional sentiment. Market data shows decreasing Ethereum holdings among large entities, reinforcing the narrative that confidence in ETH may be waning. Galaxy’s portfolio’s reshuffling coincides with a continued decline in Ethereum’s decentralized exchange volumes.
Ethereum dominance declines as scalability challenges persist
Ethereum’s market dominance has dropped to under 7%, marking its lowest point in years. Analysts cite ongoing scalability issues, high gas fees, and lagging Layer 2 adoption as contributors to its weakened position in the crypto ecosystem.
Ethereum market dominance (ETH.D) has plunged 63% since June 2024 | ETHUSD | Source: TradingView
While Ethereum continues to lead in developer activity and protocol TVL, competitors like Solana are gaining traction due to faster transaction speeds and growing ecosystem support. Galaxy Digital’s decision to increase its exposure to SOL could signal broader adoption shifts within institutional portfolios.
Ethereum Price Forecast Today: ETH Faces Resistance Near $1,725, Pullback Towards $1,600 Could Follow
Ethereum price forecast today shows a strong intraday surge, closing at $1,701 after tapping a high of $1,725. However, the move stalls just beneath the upper Bollinger Band at $1,672, suggesting overextension.
The wide Bollinger Bands reflect heightened volatility, and the current candlestick piercing the upper band hints at a short-term overbought condition. Price may retrace toward the midline around $1,607, or further to the lower band near $1,542 if selling pressure intensifies.
Ethereum Price Forecast | ETHUSD
Momentum indicators lend additional insight. The MACD histogram has flipped bullish, and the MACD line has crossed above the signal line, indicating short-term upside momentum. Yet, this follows an extended bearish cycle through early April, and the MACD reading remains below zero—an indication that the broader trend still lacks strength.
If Ethereum sustains above $1,725, a breakout toward $1,800 is possible. However, a failure to close above that level would confirm a resistance rejection. In that case, expect sellers to target $1,600 in the near term, especially if market volumes fail to confirm the breakout.
Protecting consumers
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