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Crypto Liquidations Top $400M After Jerome Powell Leaves Rates Unchanged On Inflationary Pressures From Trump Tariffs

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Over $400 million was liquidated from the crypto market in the last 24 hours after US Federal Reserve Chair Jerome Powell opted to keep interest rates unchanged at 4.25-4.5%. According to Powell, there are still inflationary pressures present from the trade tariffs imposed by US President Donald Trump on nations around the world.  “Higher tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen,” Powell said during a press conference. Not all Fed officials agreed with Powell, however, with two officials voting in favor of a rate cut.  Bitcoin And Ethereum Positions Take The Biggest Knock Data from CoinGlass shows 24-hour liquidations soared to over $429 million. Most of these liquidations were long positions, with $327.21 million being wiped out from these trades. Meanwhile, $102.52 million got liquidated from short positions. Crypto market leaders, Bitcoin (BTC) ...
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ChatGPT picks 2 millionaire-maker cryptocurrencies to buy in August

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For August, ChatGPT has identified two cryptocurrencies with strong potential for significant long-term returns, driven by compelling narratives and concrete catalysts within their respective sectors. Notably, this AI-guided selection comes shortly after a sharp rally in July, during which Bitcoin (BTC) surged to a new all-time high above $123,000. Below are the assets ChatGPT has highlighted for investors to consider in August, each with millionaire-making potential. Celestia (TIA) Celestia (TIA) leads the modular blockchain space by separating data availability from execution, enabling scalable, customizable infrastructure for rollups, appchains, and sovereign chains. According to ChatGPT, key catalysts for an August buy include rising developer activity, the launch of new appchains on Celestia, and increased demand from Layer 2 networks that rely on its data availability services.  Additionally, governance developments around TIA staking or protocol fee ...
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Top Selling NFTs This Week – CryptoPunks & Pudgy Penguins Lead In Sales

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The non-fungible token market has shown signs of recovery after a period of decline, with the NFT market capitalization now approaching $7 billion recently. The NFT sales are rising due to a combination of factors, including increased investor confidence, a resurgence of interest in PFP NFT collections, and a recovery in the broader crypto market. This recovery is also fueled by growing NFT adoption in the various industries beyond art, including the integration of artificial intelligence (AI) and real-world assets. Below, we have listed some of the top-selling NFTs this week: 1.CryptoPunks NFT Collection CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited edition of 10,000 pixelated PFPs previously created by the digital asset Larva Labs but now managed by the Infinite Node Foundation (NODE), is this week’s most selling NFT collection in the global NFT market. In the past 24 hours, the CryptoPunks NFT collection has amassed a trading sales vol...
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Punks Exceeded $33M NFT Sales This Past Week – Is The NFT Season Back?

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CryptoPunks, a renowned non-fungible token collection, continue solidifying its position as an NFT market leader. In yet another week, CryptoPunks NFTs have experienced a notable increase in sales volume and floor price, indicating a resurgence in interest and activity within the NFT market. This trend is part of a broader recovery seen in the NFT space, with market capitalization and trading volume also experiencing significant growth. Punks NFT Sales Hit +$33M Last Week Data fetched by The Block, a crypto market aggregator and a renowned non-fungible token market explorer, shows that CryptoPunks have recorded a notable surge in the NFT market this past week. In the past seven days, the CryptoPunks NFT collection has amassed a sales volume of $33.8 million. This was the highest weekly trading sales volume in July and the highest in past several months. CryptoPunks saw over $33.8M in trading volume last week.📈 The catalyst? GameSquare’s $5.15M equity deal to buy Punk ...
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Can Shiba Inu Burn Enough Tokens to Hit $1?

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Shiba Inu (SHIB) fans and investors have long pursued higher prices for the popular cryptocurrency. The one-cent and $1 price points are particularly popular targets for the Shiba Inu community. The one barrier holding SHIB from hitting the one-cent or $1 target is the project’s massive supply. There are about 589 trillion SHIB tokens in circulation. If the price of each token hits $0.01 or $1, the project’s market cap would reach an unrealistic high figure. The only way for the coin to hit the $1 mark is for the project to drastically reduce its supply. Can Shiba Inu Burn Enough Tokens to Hit the $1 Mark? Source: Craiyon.com One of the most substantial catalysts for SHIB’s incredible 2021 rally was Vitalik Buterin‘s token burn. The Ethereum co-founder received half of SHIB’s entire supply after launch. Buterin decided to burn 90% (around 410 trillion) of the coins he received. The move led to a massive supply dip and a sudden rise in prices. It is highly u...
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Next US Dollar Low: Key Week With Fed Decision and Tariff Risk

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The US dollar low is expected this week as the Federal Reserve delivers its interest rate decision and trade tensions keep building up. The US dollar index forecast shows continued weakness below 97.00, and US trade tariffs are threatening to push the USD market outlook even lower right now. The next US dollar low could actually materialize if the Fed maintains dovish signals and also trade negotiations fail by August 1. Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons How Fed Decisions, US Trade Tariffs, and USD Market Outlook Shape The Dollar Low Source: Watcher.Guru Fed Decision Maintains Dovish Stance The Federal Reserve is set to keep rates unchanged for the fifth straight meeting, and the US dollar low expectations are being raised as policymakers signal future cuts. The Fed interest rate decision reflects caution over trade uncertainties that could impact the US dollar index forecast going forward. Chair Powell has been emphasizing pat...
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XRP to $15 or Back to $2? What Could Decide Its 2025 Fate

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Ripple (XRP) is currently sitting at $3.47 as per CoinMarketCap’s latest XRP data. The token has surged 0.13% in the last 24 hours, driven by multiple factors, including the latest Bitwise ETF approval, which has been temporarily postponed, thereby blocking the token’s real-time progress. However, despite the sudden market changes, Ripple (XRP) is now gaining immense traction, as it continues to explore new horizons in the form of the OCC banking license that it had applied for to revolutionize the web3 banking genre. For Ripple, it’s either the moonshot or a terrible crash that could make or break the token’s future. What path will XRP eventually take in the near future? Let’s explore the possibilities. Also Read: Expert Predicts XRP Will Reach $2,000 Sooner Than You Think What Factors Can Help Ripple Hit $15 In The Near Future? Source: Finance Magnates According to Flitpay’s XRP prediction, XRP may hit $15 by the end of 2025. The platform also predicts that the...
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Why 500 Ripple (XRP) Might Be the Smartest Move for 2025 Investors

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Ripple (XRP) is undoubtedly one of the most promising cryptocurrency tokens to watch out for today. The token is rising steadily on the radar and is currently pursuing progress from all fronts, be it through global banking collaborations or through its stablecoin RLUSD deployment. In all ways, Ripple has secured its position in the domain as one of the tokens that has the power to generate massive demand and appeal, an element that continues to attract investors towards the asset with great hope and vigor. Will stockpiling XRP help investors gain maximum profits in the near future? Here’s what a minimum of 500 XRP can do to turn the tables around for an average investor in the coming years. Also Read: $3,000 for 1,000 XRP? It’s ‘Crazy’, but Experts Say It’s Just Starting Ripple’s Long-Term Vision Source: Times Tabloid Ripple has constantly been aiming for solid price targets, be it targeting $4 or $20, as per Egrag Crypto. The expert has long been using bullish forecasts for the t...
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The Comeback of Privacy Coins in a Surveillance Era

The Comeback of Privacy Coins in a Surveillance Era! In an era where surveillance is becoming the default and digital footprints are increasingly monetized or weaponized, privacy coins are staging a powerful comeback. As governments double down on central bank digital currencies (CBDCs) and global financial regulations tighten under the guise of anti-money laundering (AML) compliance, a growing number of crypto users, activists, and everyday citizens are revisiting the importance of financial privacy . The Surveillance-First Financial Future Let’s be clear: the current financial trend is toward hyper-transparency, but not necessarily in a good way. The rollout of CBDCs in regions such as China and the EU, along with pilot programs in other nations, introduces a programmable, traceable form of money that could give state actors unprecedented control over how, when, and where money is spent. Regulatory pressures are compelling centralized crypto platforms to adopt stricter Know Your ...
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Did the U.S. government just dump $20B in Bitcoin?

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A rumor has been spreading in the past week or so that the U.S. government may have quietly dumped nearly 170,000 Bitcoin (BTC), worth around $20 billion in total. Namely, while the Freedom of Information Request response from the U.S. Marshals Service (USMS) did disclose a total of 28,988 BTC in holdings, valued at approximately $3.4 billion, the fact remains that other federal departments hold the cryptocurrency as well. In total, the government still holds nearly 198,000 BTC across various wallets owned by the FBI, DOJ, DEA, and several U.S. Attorney’s Offices, which translates to about $23.5 billion, as the most recent data published by Arkham Intelligence suggests. U.S. Government crypto moves. Source: Arkham Government crypto moves Some of the government’s BTC holdings have been partially liquidated, for example, around 41,700 BTC of the 51,680 BTC seized from James Zhong’s Silk Road stash. However, Arkham confirms that no tracked wallets have made a...
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Chainlink Faces Resistance At $20 After 61% Monthly Rally

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Chainlink (LINK) seems to be facing some resistance at the $20 mark. There is some demand in this area from February of this year. LINK last tested this price point in mid-February, without success. LINK’s price has rallied 2.1% in the last 24 hours, as CoinGecko reveals, 17.3% in the weekly charts, 35.4% in the 14-day charts, 61.7% over the previous month, and 37.8% since July 2024. Source: CoinGecko Can Chainlink Break Past The $20 Barrier By July End? Source: Binance Academy LINK’s latest rally follows the market-wide upswing. Bullish developments around pro-crypto legislation in the US and consistent high inflows into crypto-based ETF products have led to a substantial rally. The latest bullish swing has led to several crypto assets hitting new all-time highs. Bitcoin (BTC) climbed to a new peak of $122,834 on July 14. Ripple’s XRP token hit a new high of $3.65 on July 18. Binance’s BNB coin also hit a new all-time high of $801.83 earlier today, July 23, 2025...
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