Dig Deeper, Invest Smarter
Societe Generale has announced plans to issue its USD-pegged stablecoin on the Ethereum and Solana networks. The bank’s crypto arm, Societe Generale-FORGE (SG-FORGE), made this announcement and revealed when this stablecoin would begin trading. Societe Generale Launches USD Stablecoin In a press release, SG-FORGE announced the launch of a new stablecoin, the USD CoinVertible, on
The post Societe Generale Launches USD Coinvertible on Ethereum and Solana appeared first on CoinGape.
The post Trump Warns: “Perfect Time” for FED Rate Cuts — Will Jerome Powell Listen? appeared first on Coinpedia Fintech News
The debate surrounding FED rate cuts continues to swirl, as U.S. President Donald Trump clarified he has no intention of firing Federal Reserve Chair Jerome Powell — but made it clear he’s losing patience.
Speaking to reporters, Trump labeled it now the “perfect time” for the Fed to act. While he attempted to squash rumors about Powell’s dismissal, he didn’t hold back his criticism. “I’m not firing Powell,” Trump said, blaming the media for fueling speculation. Still, he added that the Federal Reserve should move faster in cutting interest rates, pointing to global central banks already easing their policies.
“He should act early or on time, not late.” — Trump on Powell
Despite Trump’s direct messaging, the markets stayed cool. Bitcoin surged past $90K, riding the optimism sparked not only by Trump’s comments but also by U.S. Treasury Secretary’s remarks labeling the trade war with China as “unsustainable.” Treasury yields saw only modest movement, with short-term rates edging up to 3.82% following weak demand at a bond auction. The U.S. dollar held steady, reflecting cautious investor optimism over easing trade tensions.
Analysts suggest that Trump’s public push may be more about managing expectations — and assigning blame — than any real threat to Powell’s leadership.
The Federal Reserve, meanwhile, remains cautious. While Powell’s job is safe for now, the central bank continues to assess the impact of Trump’s policies on trade, taxes, and immigration. With inflation stubbornly above the 2% target for the fourth year in a row, most Fed officials believe current interest rate levels are justified.
Still, economists warn that the ripple effects of tariffs could weigh on growth later this year — possibly forcing the Fed to revisit its stance.
“FED rate cuts may not be off the table — even if Powell resists political pressure for now.”With Wall Street bouncing back and Trump intensifying his calls for action, one thing is clear: The Trump vs. Powell rate debate isn’t going away anytime soon.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Trump Warns: “Perfect Time” for FED Rate Cuts — Will Jerome Powell Listen? appeared first on Coinpedia Fintech News
The debate surrounding FED rate cuts continues to swirl, as U.S. President Donald Trump clarified he has no intention of firing Federal Reserve Chair Jerome Powell — but made it clear he’s losing patience. Speaking to reporters, Trump labeled it now the “perfect time” for the Fed to act. While he attempted to squash rumors …
Changpeng “CZ” Zhao, former CEO of Binance, is advising Kyrgyzstan on becoming a crypto hub. He signed an agreement with the Kyrgyz National Investment Agency to build the nation’s Web3 capacities.
A cornerstone of this plan is Kyrgyzstan’s A7A5 stablecoin, pegged to the Russian ruble and focused on emerging markets. CZ claimed that he has been advising several governments “officially and unofficially” regarding crypto.
Countries worldwide are becoming more interested in crypto integration lately. Although Kyrgyzstan has not been a particular hub for crypto activity, it is trying to turn a new leaf.
According to the latest announcements, the country is developing a new A7A5 stablecoin pegged to the Russian ruble. Kyrgyzstan’s crypto turn is also being influenced by Changpeng “CZ” Zhao, the founder of Binance.
“A Memorandum of Understanding has been signed between the National Investment Agency under the President of the Kyrgyz Republic and Changpeng Zhao (CZ). In accordance with the Memorandum, the parties intend to cooperate in the development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic,” claimed President Sadyr Zhaparov.
CZ is a very influential figure in crypto and has been involved with a few official governments in his career. For example, last month, allegations surfaced that he was working with President Trump to establish a new dollar-backed stablecoin.
Meanwhile, CZ acknowledged his business in Kyrgyzstan, claiming that he introduced President Zhaparov to X, the social media site.
“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading. I find this work extremely meaningful,” CZ claimed via social media.
Although CZ’s connection with Kyrgyzstan’s new A7A5 stablecoin is not fully known, it would align with his recent alleged Trump dealings.
Zhaparov’s statement claimed that the Binance founder will provide infrastructural, technological support, technical expertise, and consulting services on crypto and blockchain technologies.
Also, the president went on to state that this agreement with CZ will strengthen Kyrgyzstan’s standing in the growing Web3 environment. The long-term plan is to help create new opportunities for Kyrgyz businesses and society as a whole.
Presumably, this will involve some cooperation with Russia, as A7A5’s press release mentions “a new class of digital assets tied to the Russian economy.” This stablecoin is bucking significant tradition by aligning with the ruble instead of the dollar.
However, this is part of its strategy to focus on emerging markets. This novel experiment could demonstrate new market opportunities and challenge the dominance of USD-pegged stablecoins in the region.
The post Binance’s CZ Is Advising Kyrgyzstan On Crypto and Blockchain Adoption appeared first on BeInCrypto.
Aligning with the broader crypto market trend, Cardano (ADA) and Dogecoin (DOGE) are showing signs of a potential rebound, with analysts remaining bullish. The crypto market is currently on an upward trajectory, with the total market cap reaching $2.66 trillion, representing a modest 0.83% surge. Both Cardano and Dogecoin have demonstrated resilience despite their recent downturn.
Over the past few days, Cardano (ADA) has been experiencing a downtrend, sparking caution among investors. Last week, Cardano plummeted to a monthly low of $0.5165 and continued to trade in the negative zone.
However, ADA, in line with the broader crypto market resurgence, has managed to recover from the bearish trend, sparking optimism. Analyst AMCrypto shared a bullish forecast for ADA, positing that the altcoin holds a short-term target of $0.7.
According to AMCrypto, Cardano is currently positioned at its short-term support trendline, presenting a critical juncture for potential price movements. For a reversal to unfold, ADA would need to achieve a 4-hour candlestick close above $0.67, a level that could signal a shift in market sentiment.
Despite this bullish outlook, AMCrypto presents a few factors that could affect investor confidence in ADA. For instance, he stated that broader geopolitical factors, such as the ongoing US-China trade tensions, may impact investor confidence and hinder a breakout. Until these trade dynamics stabilize, ADA’s ability to break through key resistance levels may remain challenging.
As of press time, Dogecoin (DOGE) is valued at $0.1559, up by 2.21%. Though the meme coin plummeted to a severe low of $0.151 last day, analysts and traders remain optimistic about its further moves, especially considering its current positive sentiment.
In a bullish forecast, market expert STEPH IS CRYPTO asserted that DOGE will hit $2 in the next three months. Reinforcing his prediction, other experts like CryptoSurf have also shared optimistic views. According to CryptoSurf, Dogecoin is poised to surge past $1 in the near term.
Cardano is currently trading at $0.6153, with a surge of 1.37%. If history repeats itself, Cardano might be poised for a significant price surge, with April potentially marking the beginning of a major uptrend.
Currently, $ADA is testing a key resistance-turned-support level around $0.60. A successful breakout above the descending trendline could signal a bullish continuation, potentially driving the price toward $1.51.
For DOGE, historical patterns suggest that the meme coin is about to make a bullish rebound, potentially targeting $1 and beyond. According to CoinGape’s Dogecoin price prediction, DOGE will reach an impressive $0.1824687 in 2025.
The post Cardano (ADA) and Dogecoin (DOGE) Eye For Bullish Recovery appeared first on CoinGape.