Federal Reserve Chair Jerome Powell has indicated that while the U.S. central bank is not planning immediate interest rate cuts, the possibility remains on the table for 2025, depending on economic conditions. Powell’s remarks came during his testimony before the House Financial Services Committee, offering insights into the Fed’s cautious approach as it monitors inflation,

The post Jerome Powell Says Interest Rate Cut Possible in 2025 appeared first on CoinGape.

The post What XRP Users Are Talking About This Week: Latest Rumors, Predictions & Debates appeared first on Coinpedia Fintech News

The XRP community is as fiery as ever, with price debates, predictions, and arguments lighting up crypto forums. While XRP has shown a sharp recovery from last weekend’s drop, the chatter online reveals a divided community with some calling it “scam,” while others remain convinced it’s one of crypto’s best long-term plays.

The Bears Are Growling

Not everyone’s impressed with XRP’s recent moves. One Reddit user bluntly asked:

“Why has XRP failed so miserably? Nearly any other investment seems to have done better in the long run.”

The harshest critics pointed to XRP’s early ledger gaps, Ripple’s control over token supply, and centralization concerns as reasons they believe the token isn’t fit for crypto’s decentralized future.

The Loyal Defenders Fire Back

On the other side, supporters explained XRP’s 350% price gains over the past year and its consistent presence in the top 10 cryptocurrencies by market cap. Many users argued that despite the criticism, XRP has managed to survive multiple market cycles, regulatory battles, and negative press, outperforming countless altcoins that have vanished.

XRP Price Action Recap

Despite the drama, XRP’s price action has looked constructive this week. After a sharp drop to around $2 during last weekend’s geopolitical tensions, the token rebounded strongly, reclaiming its June range. At the time of writing, XRP is holding steady around $2.15-$2.20 with healthy trading volume.

The recovery was aided by improved sentiment as Middle East tensions eased and markets priced in hopes of a possiblel U.S. interest rate cut later this year.

While people argued about XRP, old price predictions started popping up again, including the famous $10,000 target. Most experts still think it’s a long shot, but some believe XRP could rally big if regulations become clearer and big institutions start using it more.

The post What XRP Users Are Talking About This Week: Latest Rumors, Predictions & Debates appeared first on Coinpedia Fintech News
The XRP community is as fiery as ever, with price debates, predictions, and arguments lighting up crypto forums. While XRP has shown a sharp recovery from last weekend’s drop, the chatter online reveals a divided community with some calling it “scam,” while others remain convinced it’s one of crypto’s best long-term plays. The Bears Are …

The post XRP Price Jumps 12%, Analyst Dark Defender Flags Danger Zones appeared first on Coinpedia Fintech News

The crypto market’s been volatile lately and XRP is no exception. Over the weekend, as tensions flared between Iran and Israel, Ripple’s native token dipped below the $2 mark. Trading volume surged over 40% in just 24 hours as worried investors rushed to adjust their positions.

What’s Been Happening With XRP?

XRP had a strong start to the year, climbing near its previous highs back in January. Legal wins against the U.S. SEC and Ripple’s growing partnerships had fueled hopes for a breakout above previous highs. However, the recent selloff triggered by geopolitical tensions knocked the token off its path.

XRP briefly fell to $1.91 before bouncing back, but it’s now facing a tough resistance level around $2.28.

What’s Next For XRP Price?

However, now that XRP and majority of the altcoins have bounced back, altcoin season speculations are back. Popular analyst Dark Defender said that XRP is gearing up for a big move, with the price approaching an important point on the weekly charts.

According to his analysis, XRP is about to break out of a descending triangle pattern, a formation that often signals a big price shift. The token has been holding steady around the $2 mark, it won’t stay there for long. “The Break Is Imminent towards ATH,” the analyst wrote.

XRP is still maintaining a cup pattern, which often hints at an upcoming rally. Additionally, the Ichimoku Clouds,  a popular technical indicator, are also showing bullish signs. At the time of writing, XRP price has gained 12 % and is trading at $2.19.

The post XRP Price Jumps 12%, Analyst Dark Defender Flags Danger Zones appeared first on Coinpedia Fintech News
The crypto market’s been volatile lately and XRP is no exception. Over the weekend, as tensions flared between Iran and Israel, Ripple’s native token dipped below the $2 mark. Trading volume surged over 40% in just 24 hours as worried investors rushed to adjust their positions. What’s Been Happening With XRP? XRP had a strong …

The post Chainlink Partners With Mastercard to Boost Crypto Adoption: What’s Next for LINK Price? appeared first on Coinpedia Fintech News

Chainlink (LINK), an established decentralized oracle network, has announced a strategic partnership with Mastercard Inc. (NYSE: MA), a global payment technology company, to enable mainstream adoption of digital assets. The collaboration will combine Chainlink’s interoperability infrastructure with Mastercard’s payment network to facilitate the direct purchase of crypto assets by 3 billion cardholders. 

The strategic partnership between Chainlink and Mastercard will incorporate Zerohash for compliance and liquidity. The collaboration will also leverage Shift4 Payments for card processing, and Uniswap (UNI) for decentralized token swaps.

”This is the type of traditional finance and decentralized finance convergence that Chainlink was built to make possible. I’m excited about Chainlink’s ability to enable this critical connection between the traditional payments world and the over three billion cardholders in the Mastercard user base, directly into the next generation trading environments of on-chain decentralized exchanges,” Sergey Nazarov, Co-Founder of Chainlink, noted.

Market Impact on LINK Price

The strategic collaboration between Chainlink and Mastercard will have a long-term effect on the LINK price action. Following the announcement, LINK price recorded the highest gains in the top 20 crypto assets by market capitalization.

The mid-cap altcoin, with a fully diluted valuation of about $13.4 billion and a 24-hour average trading volume of around $686 million, pumped over 10 percent on Tuesday to trade at about $13.39 during the mid-North American trading session fueled by rising on-chain activity.

From a technical analysis standpoint, LINK price faces intense midterm bearish sentiment. With BTC price signaling a potential selloff below $100k soon, LINK price could drop below $10 to retest the support level around $9.2. However, a consistent close above the resistance/support level around $17 will rejuvenate midterm bullish sentiment.

The post Chainlink Partners With Mastercard to Boost Crypto Adoption: What’s Next for LINK Price? appeared first on Coinpedia Fintech News
Chainlink (LINK), an established decentralized oracle network, has announced a strategic partnership with Mastercard Inc. (NYSE: MA), a global payment technology company, to enable mainstream adoption of digital assets. The collaboration will combine Chainlink’s interoperability infrastructure with Mastercard’s payment network to facilitate the direct purchase of crypto assets by 3 billion cardholders.  The strategic partnership …

The post Anthony Pompliano’s ProCap BTC Acquires 3,724 Bitcoin Following a Strategic Merger With Columbus Circle appeared first on Coinpedia Fintech News

Anthony Pompliano’s ProCap BTC has acquired 3,724 Bitcoin for about $387 million to strengthen its balance sheet. The Bitcoin purchase for its balance sheet followed Monday’s announcement of a proposed $1 billion quest to accumulate more BTCs via a strategic merger with Columbus Circle Capital Corp. (NASDAQ: CCCM).

The company has already managed to raise $750 million, after selling $516.5 million in equity and $235 million in convertible notes. As a result, the ProCap BTC investors have a direct exposure to the flagship coin and in a regulated manner.

“If you can’t beat it, you buy it,” the announcement highlighted.

Rising Institutional Adoption of Bitcoin

According to market data from BitcoinTreasuries, 245 entities now hold more than 3.45 million BTCs for their respective treasury management. The palpable success of Strategy and MetaplanetMetaplanet has convinced other companies globally to follow in the same path.

The pro-crypto legislations in the United States have helped attract more institutional investors into the Bitcoin market. Furthermore, the Federal Reserve has identified BTC as a digital gold, thus heavily influencing states that have implemented strategic Bitcoin reserves bills.

The undeniable success of the U.S. spot BTC ETFs is a clear indication of the high demand of the flagship coin by institutional investors.

What Next for BTC Price?

Bitcoin price has been hovering around a crucial crossroads that could either result in a parabolic rally or further midterm correction. Despite the notable high demand for Bitcoin by institutional investors, the flagship coin faces intense selling pressure from over $12 billion in short leveraged positions entered around $112k.

Consequently, if the BTC price does not consistently closes above $110k in the coming weeks, a retrace below $100k will be inevitable in the next three months. 

The post Anthony Pompliano’s ProCap BTC Acquires 3,724 Bitcoin Following a Strategic Merger With Columbus Circle appeared first on Coinpedia Fintech News
Anthony Pompliano’s ProCap BTC has acquired 3,724 Bitcoin for about $387 million to strengthen its balance sheet. The Bitcoin purchase for its balance sheet followed Monday’s announcement of a proposed $1 billion quest to accumulate more BTCs via a strategic merger with Columbus Circle Capital Corp. (NASDAQ: CCCM). The company has already managed to raise …