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In what is one of the most anticipated meetings of the year, the Federal Reserve has opted to leave interest rates unchanged at 4.25% to 4.50% for May 2025. Indeed, the decision comes in clear defiance of US President Donald Trump’s preferences for the central bank, which led to increased opposition between him and Fed Chair Jerome Powell. The decision comes amid increased economic uncertainty derived from the United States’ America-First tariff plan unveiling in early April. Subsequently, the Fed has opted to remain committed to a wait-and-see approach despite promising job data coming to the forefront last month. BREAKING: Federal Reserve leaves interest rates unchanged, remains at 4.25% – 4.50%. — Watcher.Guru (@WatcherGuru) May 7, 2025 Also Read: US President Trump Calls for Fed Chair to Lower Interest Rates Federal Reserve Defies Trump’s Wishes, Keeps Interest Rates Unchanged Over the last two months, the standoff between Fed Chair Jerome Powell and US Pres...

VeChain (VET) continues its descent amid a lackluster market. The asset is down 0.3% in the daily charts, 4.5% in the weekly charts, 22.6% in the 14-day charts, and 25.1% over the previous month. Despite the dip, VET has maintained some gains in the yearly charts, rallying 11.5% since February 2024. Also Read: Trump’s U.S.-Russia Talks: A Crucial Move to Curb De-Dollarization and End the Ukraine War Source: CoinGecko Cryptocurrencies Continue To Glow Red Source: Coinpedia The crypto market is not showing any signs of a recovery. The market slumped earlier this month and has continued to move downwards. VET and other assets have lost significant value since the beginning of this year. Also Read: Can Bitcoin (BTC) Return to $100K This Week Post-Crash? US President Donald Trump announced additional taxes on steel and aluminum. The move may have made investors weary of risky assets. President Trump also said he would impose tariffs on countries that tax US goods. Both developments were tak...

The Bitcoin market is currently facing uncertainty as analysts debate how interest rate reductions might influence its market trajectory. The cryptocurrency has dipped below $60,000, suggesting growing apprehension among bullish investors. Following the Federal Reserve’s interest rate announcement on September 18th, Bitcoin’s volatility is likely to increase, but a sustained price movement in either direction seems improbable. After an initial market reaction, the price may stabilize within its existing trading range of $52,500 to $73,777. Regarding the short-term impact of rate cuts, analysts hold differing perspectives. Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, predicts a potential market decline due to a narrowing interest rate gap between the US dollar and the Japanese yen. Crypto market data daily view. Source:  Coin360 In contrast, quantitative Bitcoin and digital asset fund Capriole Investments founder C...

Massachusetts Senator Elizabeth Warren is calling for a steep 0.75% interest rate cut by the Fed this week, according to a letter signed by the Senator. Three Democratic senators urged Federal Reserve Chair Jerome Powell and fellow policymakers to make aggressive rate cuts to protect the US Economy. JUST IN: US Senator Elizabeth Warren calls for 0.75% rate cut by the FED this week. — Watcher.Guru (@WatcherGuru) September 16, 2024 “If the Fed is too cautious in cutting rates, it would needlessly risk our economy heading towards a recession,” Sens. Elizabeth Warren, Sheldon Whitehouse, and John Hickenlooper said in a Monday letter to the Fed Chair. “The Committee must consider implementing rate cuts more aggressively upfront to mitigate potential risks to the labor market.” The Federal Reserve is set to decide this week whether it will cut interest rates for the first time in four years. The US has been fighting a difficult battle with inflation since the end of the COVID-19 pande...

The U.S. dollar index has been making upward strides over the last couple of months. A recent post by TradingView revealed that the DXY has been hovering in the 104-105 bracket of late, up from mid-July’s low of 99.5. In fact, the current level is quite close to the index’s six-month high figure of 105.43 created towards the end of last week. A rising dollar index is usually considered to be a good sign for Americans because it offers them greater purchasing power. The Dollar has been on a run. 👀 pic.twitter.com/YtNtsvDeUJ — TradingView (@tradingview) September 18, 2023 Also Read: Solana Co-founder: U.S. Govt. Should Invest in Blockchain The U.S. dollar index typically measures the currency against six major counterparts, including the euro, Swiss franc, Japanese yen, Canadian dollar , British pound, and Swedish krona. DXY ’s strength will yet again be put to the test this week. The U.S. Fed ’s interest rate decision is due soon. In...

This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and dissects why Bitcoin is falling below $29,000. In the latest episode of “The Market Report,” analyst and writer Marcel Pechman discusses the BALD token rug pull and the allegations pointing toward FTX founder Sam “SBF’ Bankman-Fried as the culprit. The token launched on Coinbase’s Base network, which is currently under development, and witnessed incredible gains between July 30 and 31. Pechman notes that it is impossible to know how much fake volume and how many trades involving the same entity or small groups were used to prop up BALD’s price on decentralized exchanges (DEXs). Further evidence for this hypothesis is the 85% price plunge shortly after BALD’s developer removed the liquidity deposited in DEX pools. According to internet sleuths, the evidence pointing to SBF being the mastermind of the rug pull includes funding from wallets associated with FTX and Alameda ...