Crypto News
Trump Prepares to Oust Fed Boss Powell, Says New Chair Decision ‘Very Soon’
U.S. President Donald Trump is expressing growing dissatisfaction with Federal Reserve Chair Jerome Powell, and just ahead of the weekend, he informed reporters aboard Air Force One that a decision regarding the next Fed chair will be “coming out very soon.” Rate Cut Demanded: Trump Slams Powell, Signals Fed Leadership Overhaul Since assuming office inSource link
XRP Price Watch: Momentum Stalls, But Breakout Potential Builds
XRP traded at $2.19 on June 7, 2025, with a market capitalization of $128 billion and a 24-hour trading volume of $1.33 billion. The cryptocurrency moved within a tight intraday range of $2.16 to $2.19, suggesting subdued volatility ahead of a potential breakout. XRP On the 1-hour chart, XRP displayed a tightly consolidated price actionSource link
AVAX Jumps 6% as Trump-Musk Tensions Fade and Institutional Momentum Builds
Avalanche’s native token AVAX surged more than 6% in the last 24 hours, outpacing the broader crypto market as measured by the CoinDesk 20 (CD20) index, which rose 0.8% in the same period.AVAX’s price may have rebounded from political jitters and moved on the back of major developments in real-world asset (RWA) tokenization and institutional adoption.The token climbed from a low of $19.37 to $20.96, recovering from a wider market sell-off triggered by growing tensions between U.S. President Donald Trump and Tesla CEO Elon Musk earlier this week, which saw the former threaten to terminate government contracts for the latter, who in turn accused the president of being implicated in the Jeffrey Epstein files.The token rebounded after showing multiple signs...
How Ethereum Is Faring Since Its Major Pectra Upgrade
Not only has ETH's price surged, but Ethereum's Pectra upgrade has made a sizable impact on the network ecosystem. Here's how.Source link
Report: Deutsche Bank Assesses Leveraging Stablecoin Tech or Consortium Role
Deutsche Bank AG is exploring stablecoins and tokenized deposits as large financial institutions increase digital asset investments. German Financial Giant Ponders Stablecoin Use and Token Deposits Bloomberg reports that Germany’s largest lender is evaluating stablecoin options, which could involve issuing its own token or joining an industry initiative, according to Sabih Behzad, Deutsche Bank’s headSource link