A single-word reply on X from Rep. Anna Paulina Luna (R‑FL) — “Confirmed” — rocketed through the crypto markets early Wednesday, convincing a growing chorus of traders that Federal Reserve Chair Jerome Powell’s tenure is measured in days, not months. Within minutes of Luna’s affirmation that “Jerome Powell is going to be fired. Firing is imminent,” prediction‑market odds of his ouster on…
Tag: crypto news
Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters
American multinational investment bank Citigroup announced plans to potentially issue its stablecoin, as CEO Jane Fraser revealed during a post-earnings conference call. As first reported by Reuters, Fraser emphasized the bank’s focus on both the stablecoin initiative and the growing tokenized deposit sector, stating, “This is a good opportunity for us.” As the third-largest lender…
XRP Price Consolidates In Tight Bullish Compression Pattern, Why $5 Is Possible
XRP price has entered into another consolidation pattern following its break below $2.4 over the weekend. Now, this is nothing new for XRP, which has previously gone on years-long consolidations before now. Just like before, the current consolidations seems to be preceding something bigger and this move could send the altcoin soaring toward new all-time…
SuperTrend Analysis: Dogecoin May Enter Bullish Territory If It Surpasses $0.21
Dogecoin (DOGE), the leading memecoin in the cryptocurrency market, is showing signs of a potential bullish trend following a significant 16% price recovery. Analysts suggest that for Dogecoin to solidify this upward momentum, it must surpass a crucial resistance level. Dogecoin Eyes New Bullish Trend Amid Market Recovery The recent price movements of Dogecoin have…
