Trump said rates would fall quickly once Jerome Powell’s term ends and a new Fed chair takes office. Markets still expect no immediate move, but medium-term pricing has started to react.
The U.S.-Iran conflict has entered its third week, with the Strait of Hormuz nearly shut and oil above $100 a barrel. Rising energy prices are adding inflation pressure, delaying rate-cut expectations and weighing on Bitcoin.
A House proposal would strip the Federal Reserve of its dual mandate and focus policy solely on price stability, while the New York Fed has already ended QT and resumed purchases. Fed survey data also shows rising concern over inflation and jobs.
Japan's Diet passed amendments to the Financial Instruments and Exchange Act, reclassifying about 105 cryptocurrencies as financial instruments, banning insider trading, and requiring annual disclosures. The move paves the way for crypto ETFs by 2028.
A Wall Street Journal report says Better and Coinbase are preparing a mortgage product that would let some buyers pledge crypto holdings instead of selling them before closing.
SpaceX opens up to 30% of its $75B IPO to retail investors via Robinhood and others. Bitcoin drops 16% amid speculation of selloff for IPO funds. Stablecoin outflows remain normal; 66,470 BTC and 2.49M ETH moved off exchanges. Full answer awaits brokerage data.
Grayscale says US inflation near 4% is limiting room for Fed easing, with markets now pricing the first rate cut in September 2027. The firm argues higher real yields hurt Bitcoin while stablecoins and tokenized fixed-income products may benefit.
On-chain data shows Bhutan's wallets moved $37.75M BTC, partly to a QCP Capital-linked address. Bhutan's holdings have fallen from ~13K BTC to 4,453 BTC. The market remains calm with BTC above $71K.
