Crypto Market Sizzles as Powell Resignation Rumors Spread: Will Fed Chair’s Exit Ignite Digital Assets?

Amidst the excitement, political developments in the US have added a rather intriguing layer of speculation. Rumors are swirling that Jerome Powell, Chairman of the Federal Reserve, is considering stepping down. The news comes just as US President Donald Trump continues to pressure the Fed for interest rate cuts—an economic strategy Powell has yet to pursue. As markets digest the possibility of new leadership at the central bank, the potential shift in monetary policy could significantly impact risk assets, including cryptocurrencies.

Bitcoin to the Moon? 🚀

In an interview on the White Crypto YouTube channel, Hougan expounded upon his thesis, citing the curious case of demand outstripping supply. It seems that those sellers who have been holding on for dear life are finally, well, almost exhausted. Meanwhile, institutional demand from companies, governments, and ETFs is on the rise, like a phoenix from the ashes. 🔥

Why Solana’s Price Might Take a Wild Ride Down Before Soaring Up 🚀📉

Crypto analyst The Alchemist Trader has spotted a rare bullish harmonic pattern on the Solana price chart. Now, while this pattern is generally a good omen for any digital asset, it’s a bit like finding a treasure map that leads to a pit of quicksand. The short term, it seems, has a few hurdles for Solana to jump over first.

Bitcoin’s Going Bananas!

Kiyosaki agrees with Raoul Pal that Bitcoin’s limited supply can trigger sharp price surges when demand spikes, often driven by institutions, media buzz, and retail FOMO. But, as we all know, with great power comes great volatility ⚡️.

The Tale of the Crypto Caper: A Whimsical Return of Millions! 💰🚀

On a thrilling Friday, whispers of doom and gloom flitted about as the dastardly attack unfolded, sending the world of crypto into a tizzy. Why, you ask? Because, dear reader, this crafty individual had discovered a cheeky little vulnerability in GMX V1, allowing him to juggle GLP token prices like a careless circus performer! 🎪✨