🔹 Fed Keeps Interest Rates Unchanged, Cites Trump’s Tariff Policies
The U.S. Federal Reserve has maintained its interest rate at 4.25% – 4.50%, expressing concerns over the impact of potential import tariffs under Trump’s economic policies. Fed Chair Jerome Powell highlighted that these tariffs could fuel inflation, leading the Fed to increase its inflation forecast to 2.7% for 2025. As a result, interest rate cuts may be delayed.
➡️ Market Impact: Investors remain cautious, with equities and crypto markets reacting to inflation uncertainty.
🔹 SEC Ends Lawsuit Against Ripple After Four Years
The SEC has officially dropped its lawsuit against Ripple Labs, marking the end of a four-year legal battle over XRP’s classification as a security. The news triggered an 8% price surge in XRP, pushing it above $2.50. Ripple’s CEO Brad Garlinghouse called the decision a win for the crypto industry.
➡️ Market Impact: XRP gains momentum, and the ruling may set a precedent for future crypto regulations in the U.S.
🔹 Solana Futures ETFs Launching Thursday – Including 2x Leverage
Volatility Shares has announced the launch of the first Solana futures ETFs in the U.S., including an ETF with 2x leverage. The product aims to attract institutional investors looking to gain exposure to Solana’s price movements.
➡️ Market Impact: This could boost Solana’s liquidity and mainstream adoption, similar to how Bitcoin and Ethereum ETFs impacted their markets.
🔹 Ethereum Processes $800B in Monthly Stablecoin Transactions
Ethereum continues to dominate stablecoin settlements, processing over $800 billion in transactions last month. The majority of this volume comes from USDT and USDC, proving Ethereum’s stronghold in the stablecoin ecosystem.
➡️ Market Impact: This reinforces Ethereum’s dominance as the primary blockchain for DeFi and stablecoin transactions.