notias

#notias What will Powell say this Wednesday? Bitcoin and cryptocurrency investors are waiting
It is likely that the Fed will not cut interest rates in May, but the speech of its chairman will shed light on what is to come in the coming months. Financial markets for stocks and cryptocurrencies remain expectant of the decision that the Federal Reserve (Fed), the U.S. central bank, will make this Wednesday, May 7, 2025, regarding interest rates.

Although there is broad consensus that interest rates will remain unchanged, the tone that the chairman of the organization, Jerome Powell, offers in the speech following the announcement could influence market behavior.

$BTC

$TRX
$USDC

#notias The activity of XRP whales surges after billions of dollars in deposits at BinanceXRP whales are depositing their assets at Binance in a huge pattern, from 0.2 billion to 6.9 billion tokens per day. The exchange is currently the industry leader in XRP deposits.

Some analysts have hypothesized that the growing optimism about XRP ETFs is helping to drive these trends. Even if full approval may be months away, the progress still has impacts on the XRP market.
$XRP