● Trump considers announcing next Federal Reserve Chairman candidate early
According to Jin Ten Data, Trump is unhappy with the Federal Reserve's stance on interest rate cuts and is considering announcing the next Federal Reserve Chairman candidate early. The current chairman Powell has 11 months remaining in his term.
Insiders reveal that Trump may announce his successor in September or October this year, and he might even make a decision earlier in the summer. Candidates include former Federal Reserve Governor Kevin Walsh, National Economic Council Director Hassett, and Treasury Secretary Basent.
Other potential candidates include former World Bank President Malpass and current Federal Reserve Governor Waller. An early announcement of candidates will affect market expectations for future interest rate paths.
● Powell: Reviewing and withdrawing several previous guidelines on cryptocurrencies
According to BlockBeats, on June 25, Federal Reserve Chairman Powell stated that he is reviewing and withdrawing several previous guidelines on cryptocurrencies.
● SEC Commissioner Hester Peirce: Physical redemption of crypto ETFs may soon be realized
According to ChainCatcher, SEC Commissioner Hester Peirce stated that the physical redemption of crypto exchange-traded funds (ETFs) may soon be realized. Peirce mentioned during a panel discussion at the Bitcoin Policy Institute that the relevant applications are in process, and realization is 'just around the corner.'
According to Jin Ten Data, JPMorgan analysts stated in their mid-year outlook report that U.S. tariff policies may drag down global economic growth and reignite inflation in the U.S. The expected U.S. economic growth rate for 2025 is 1.3%, down from the 2% forecast at the beginning of the year.
JPMorgan believes that the stagflation effect caused by tariff hikes is the reason for lowering this year's GDP growth expectations and expects the Federal Reserve to cut interest rates by 100 basis points between December and spring 2026. If a recession occurs or the economic slowdown exceeds expectations, a more aggressive rate-cutting cycle will be triggered.
Despite uncertainties in policy, JPMorgan remains optimistic about the U.S. stock market due to resilient consumers and the economy. The bank is bearish on the dollar due to the slowdown in U.S. economic growth, while supportive policies outside the U.S. will boost other currencies, including those of emerging markets.
● Morgan Stanley expects the Federal Reserve to cut rates 7 times in 2026
According to PANews, Morgan Stanley expects the Federal Reserve to cut rates 7 times in 2026, starting in March, with the final rate dropping to between 2.5% and 2.75%.
According to ChainCatcher, Glassnode stated that since 2022, Bitcoin's beta relative to global liquidity and the stock market has been steadily rising. Meanwhile, Bitcoin's beta to credit stress has become increasingly negatively correlated. This indicates that Bitcoin is increasingly behaving like a macro asset: it rises when risk appetite increases and falls when market pressure intensifies.
● Metaplanet raises $517 million to purchase more Bitcoin
According to Deep Tide TechFlow, on June 25, Japanese listed company Metaplanet raised $517 million with plans to purchase more Bitcoin.
