Trump Pushes Blockchain, Slams Fed Over Interest Rates
Donald Trump is stepping up his attacks on the Federal Reserve, especially targeting Fed Chair Jerome Powell. Trump has accused Powell of making bad decisions, and many economists are now warning that the U.S. dollar could face serious trouble ahead.
Trump has even suggested firing Powell and removing Fed governor Lisa Cook, raising concerns about whether the Fed can remain independent from political influence.
At the same time, something new and surprising is happening in Washington. The U.S. Commerce Department, under Trump’s leadership, has started publishing official economic data directly onto blockchains like Bitcoin and Ethereum. This move is shaking up how economic information is shared—and it might even change how interest rates are set in the future.
This week, tech investor Chamath Palihapitiya explained on the All In Podcast that the Commerce Department has started recording GDP (Gross Domestic Product) data on several major blockchains. These include Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Polygon, and Optimism. The data also goes through crypto oracles like Pyth and Chainlink, which help apps access real-time financial info.
Palihapitiya said this could be the beginning of a huge shift—one where markets use real-time data to set interest rates on their own, without waiting for the Fed.
The Commerce Department called this blockchain move a “landmark effort” to show how powerful and useful blockchain technology can be. It’s part of Trump’s push to make the U.S. the global leader in blockchain innovation.
U.S. Secretary of Commerce Howard Lutnick said publishing GDP numbers on the blockchain makes America’s economic data permanent and available to everyone around the world. He praised Trump as “the crypto-president” for pushing this forward.
Lutnick also announced plans to expand this blockchain system across all government departments. Eventually, all official statistics—like job numbers, inflation data, and more—could be published on blockchains for full transparency.
Palihapitiya added that even private payroll and financial data might be included in the future. This would allow real-time market reactions and smarter pricing by using accurate data, without waiting for outdated reports from the Fed.
This all comes as tensions rise between Trump and the Federal Reserve. Critics say Powell misjudged inflation after COVID-19 by calling it “temporary” and delaying interest rate hikes. Things got worse when Powell raised rates by 50 basis points in September last year—a move some saw as helping Trump’s political opponents.
On the podcast, investor David Sacks accused Powell of playing favorites, saying he’s willing to cut rates for Biden or Harris but not for Trump. Sacks used Trump’s nickname for Powell—“Too Late Powell”—to mock his slow decision-making.
Palihapitiya believes the free market should take over setting interest rates. He argued that while the Fed should still oversee banking safety and payment systems, it shouldn’t control interest rates anymore.
In short, Trump is challenging how the U.S. economy is managed—and with blockchain now entering the scene in a big way, we could be witnessing a massive shift in how financial power is handled in America.
XRP Falls Below $3 as Support Levels Face Key Test
**Crypto Market Update: XRP Drops Below $3, Support Levels in Focus**
**Disclaimer:** Crypto is a high-risk investment. This article is for informational purposes only. Never invest more than you can afford to lose.
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**XRP Price Today: What’s Happening?**
XRP is currently priced at $2.81, with a 24-hour trading volume of over $7 billion. The token has dropped 2.35% in the last 24 hours and is now ranked #4 by market cap at $166.89 billion. There are 59.48 billion XRP tokens in circulation out of a total supply of 100 billion.
The current price decline brings XRP closer to important support levels, which could decide if it becomes the next altcoin to trigger a rally across the crypto market.
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**Why Is XRP Falling?**
XRP is struggling to stay above the $3 mark. A general downturn in the crypto market has added pressure. Bitcoin recently hit a seven-week low, and Ethereum also saw a pullback after billions in options expired. This triggered a wave of selling across many altcoins.
Other tokens like Cardano (ADA), Dogecoin (DOGE), and Sui (SUI) also experienced steep losses.
Adding to the pressure are macroeconomic factors. The U.S. Federal Reserve has hinted that interest rate cuts might take longer than expected. Inflation is still high, and the economy is showing strength — making risky assets like crypto less attractive. Tech stocks are also down after NVIDIA’s AI forecast missed expectations, pulling sentiment lower overall. The total crypto market cap has dropped 3.3% in just one day, now sitting at $3.76 trillion.
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**On-Chain and Derivatives Data Show Weakness**
Activity on the XRP Ledger is dropping. Active wallet addresses have fallen from around 50,000 in mid-July to just 24,000 today, based on data from CryptoQuant.
In the futures market, XRP is also showing signs of weakness. Open interest in XRP futures has decreased from $10.94 billion to $7.97 billion — indicating traders are losing confidence. In the past 24 hours, over $15 million in long positions were liquidated, compared to only $1 million in shorts. This shows that bullish traders are being forced out faster than bearish ones.
XRP has also lost ground in rankings, slipping behind Tether (USDT) in market value and falling out of the world’s top 100 assets by market cap.
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**XRP Price Forecast: Support at $2.58 Is Key**
XRP is now trading in a downward channel, showing signs of a bearish trend after failing to break through resistance at $3.25 in mid-August. The token is hovering near the $2.79 Fibonacci retracement level (0.5 level), which could act as short-term support.
**Support Levels to Watch:**
– $2.79
– $2.58
– $2.43
**Resistance Levels to Watch:**
– $2.99
– $3.09 (50-day Simple Moving Average)
– $3.25
**Technical Indicators:**
– RSI (Relative Strength Index) is at 41 — showing pressure but not yet oversold
– MACD (Moving Average Convergence Divergence) remains negative with expanding red bars
As long as XRP stays above $2.06, the larger trend isn’t broken yet. If buyers step in and hold support at these levels, XRP could bounce back and potentially drive momentum across the altcoin sector again — something it’s done during past market rallies.
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**Bitcoin Hyper ($HYPER): A New Layer 2 Built for Speed**
Bitcoin Hyper ($HYPER) is a new crypto project aiming to combine Bitcoin’s top-tier security with Solana’s fast and low-cost technology. It’s the first Bitcoin-native Layer 2 that uses the Solana Virtual Machine (SVM), allowing developers to build smart contracts and decentralized apps (dApps) on Bitcoin’s network — with speed and low fees.
$HYPER also supports BTC bridging and meme coin creation, offering more flexibility for users and developers alike.
The project has been audited by Consult for safety and scalability, giving investors more confidence.
So far, the presale has raised over $12.8 million, and tokens are still available — currently priced at just $0.012825 each. Prices will go up as the presale continues.
You can buy HYPER tokens directly from the official Bitcoin Hyper website using cryptocurrency or a bank card.
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**Keywords:** XRP price, XRP support levels, Ripple XRP forecast, crypto selloff, Bitcoin drop, Ethereum options expiry, XRP technical analysis, XRP RSI MACD, Bitcoin Hyper presale, Layer 2 crypto projects, Solana Virtual Machine, BTC smart contracts
Ethereum Nears $5K as Unilabs Targets 10,000% Gains
**Ethereum Price Prediction Nears $5K While Unilabs Finance Targets 10,000% Gains**
Ethereum (ETH) is once again making headlines as its price prediction moves closer to the $5,000 mark. The coin recently touched $4,946 before slipping back to around $4,300. Despite this pullback, investor interest remains high. Over $11 billion has poured into Ethereum so far this year, and U.S.-listed Ethereum ETFs now manage a combined $23 billion in assets.
A big reason for optimism around ETH is the massive amount of crypto being staked. Around 35 million ETH are currently locked up, reducing the available supply and supporting higher price potential. Historically, Ethereum has seen strong gains in the second half of the year. In both 2020 and 2021, Q3 rallies continued into Q4, pushing ETH to new all-time highs. If that pattern repeats, the $5K target could still be within reach.
However, there are still challenges. Rising gas fees and ongoing regulatory uncertainty may slow Ethereum’s momentum. That’s why some investors are looking for alternative opportunities with even higher growth potential.
One project getting a lot of attention is Unilabs Finance. It’s currently in a fast-moving presale phase and has already raised over $16 million. What makes it stand out is its bold goal: up to 10,000% returns for early investors.
Unilabs Finance offers more than just another token. Its platform includes an AI-powered portfolio tool that automatically adjusts user investments based on market conditions. This smart system helps reduce risk and aims to increase profit potential.
Starting at just $0.0108 during its presale, Unilabs could deliver nearly 10X gains across different funding rounds if its growth continues. Investors are especially excited about its structured funds, which include exposure to Bitcoin (BTC), real-world assets (RWA), artificial intelligence (AI), and crypto mining.
Currently, Unilabs manages over $30 million in assets through secure smart contracts. These features position it as more than just another crypto wallet or exchange. The platform’s AI Market Pulse tool also tracks live data such as liquidity flows, price trends, and trading signals—giving users real-time insights into the crypto market.
While Ethereum remains a top choice for many, some investors believe Unilabs Finance offers even more upside in the next bull run. With its combination of AI tools, diversified funds, and aggressive growth strategy, Unilabs is being called one of the top low-cap crypto projects to watch.
**Key Takeaways:**
– Ethereum came close to $5K but faces some headwinds like gas fees and regulations.
– Over $11B has flowed into ETH in 2024; ETFs hold $23B in ETH assets.
– 35M ETH is staked, tightening supply and supporting long-term price potential.
– Unilabs Finance presale has raised $16M with a 10,000% gain target.
– Unilabs offers smart investing tools using AI and structured crypto funds.
– It manages $30M+ in assets and starts at just $0.0108 per token.
– Many see Unilabs as a high-growth crypto project for the next cycle.
As Ethereum’s price prediction nears $5K, investors are keeping an eye on both established coins and emerging opportunities like Unilabs Finance. Whether ETH hits a new high or not, the crypto market still holds strong growth potential in 2025 and beyond.
XRP Falls Below $3 Amid Market Selloff and Weak Data
**XRP Price Dips Below $3 as Crypto Market Faces Pressure**
Today, XRP is trading at $2.81, showing a 2.35% drop in the last 24 hours. Its daily trading volume has hit over $7 billion, and its market cap now sits at $166.89 billion, placing it at the #4 spot among cryptocurrencies. With nearly 59.5 billion XRP tokens in circulation out of a total supply of 100 billion, the asset is nearing important support levels that could either trigger a bounce or lead to further losses.
XRP has been struggling to break past the $3 mark. A wider cryptocurrency selloff, caused by Bitcoin falling to a seven-week low and Ethereum reacting to large options expirations, has dragged altcoins like Cardano (ADA), Dogecoin (DOGE), and Sui (SUI) down as well.
Wider economic trends are also hurting crypto. The Federal Reserve has hinted that interest rate cuts might take longer than expected. Inflation is still high, and the U.S. economy remains strong, reducing investor appetite for risky assets like crypto. At the same time, tech stocks are falling after NVIDIA’s AI outlook missed expectations, pushing risk sentiment lower. As a result, the total crypto market cap dropped 3.3% in just one day to around $3.76 trillion.
On-chain data shows XRP’s fundamentals are weakening too. The number of active addresses on the XRP Ledger has fallen from around 50,000 in July to only 24,000 today, according to CryptoQuant. This signals less user activity and engagement on the network.
In the derivatives market, things aren’t looking great either. XRP futures open interest dropped from $10.94 billion to $7.97 billion, showing that traders are pulling back. In the last 24 hours alone, more than $15 million in long positions were liquidated compared to just $1 million in shorts. This indicates that bullish bets are being wiped out quickly.
XRP’s ranking by market value has also taken a hit. It recently slipped below Tether (USDT) and is no longer among the top 100 global assets by market cap.
From a technical standpoint, XRP is trading inside a downward trend channel. The last big rejection happened around $3.25 back in mid-August, giving sellers control of the market for now. XRP is currently holding near the key Fibonacci retracement level of $2.79 (0.5 level).
The nearest support zones to watch are at $2.79, $2.58, and $2.28. On the upside, resistance levels are at $2.99, $3.25, and $3.43. As long as XRP stays above $2.06, its long-term trend isn’t completely broken.
If buyers can defend these key support levels, XRP might become the spark that reignites interest across the altcoin market. Historically, strong XRP rallies have helped boost market liquidity and confidence—something traders are watching closely amid growing speculation around institutional investments and crypto ETFs.
**Bitcoin Hyper ($HYPER): A New Layer 2 on Bitcoin with Solana Speed**
Bitcoin Hyper ($HYPER) is aiming to become the first Bitcoin-native Layer 2 network powered by the Solana Virtual Machine (SVM). The project wants to bring faster and cheaper smart contracts, decentralized apps (dApps), and even meme coins to the Bitcoin ecosystem.
By blending Bitcoin’s secure foundation with Solana’s high-speed tech, Bitcoin Hyper opens up new possibilities like efficient BTC bridging and scalable dApp development.
The team behind HYPER is focused on building trust and scalability from day one. The project has already been audited by Consult to help reassure investors about its security and reliability.
Interest is growing fast — the presale has already raised over $12.8 million. Right now, HYPER tokens are selling for just $0.012825 each, but that price will go up as more tokens are sold during the presale stage.
With rising momentum and a unique position combining Bitcoin’s security with Solana’s performance, Bitcoin Hyper could become a major player in the evolving crypto space.
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