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Tom Tucker
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Here we go again. Just when you think you've seen it all, a story drops that perfectly captures the chaos of crypto. #KANYEWEST , who once publicly warned against memecoins, just launched his own token on Solana, and the whole saga is a masterclass in celebrity hype. For a brief 40 minutes, the #YZY token was a rocket ship. It surged to a $3 billion market cap, with a lot of people jumping in, hoping to catch the next big wave. But in crypto, the pump is often followed by a brutal dump, and this was no exception. The token crashed over 70% just as fast, leaving a lot of people with massive losses. The real lesson is in the data. On-chain analysis revealed what everyone feared: this wasn't an organic run. 94% of the YZY supply was controlled by a handful of insiders, and just 13 wallets walked away with over $24 million in profit. Meanwhile, the fans who were a few minutes late to the party ended up holding the bags, becoming the exit liquidity for the people who got in early. And to add a final layer of irony to this whole drama, Andrew Tate reportedly shorted the token and is down a significant amount. This isn't just a financial event; it's a spectacle that proves crypto doesn't need TV producers, it writes its own scripts. The lesson is simple: celebrity hype is pure entertainment. But if you’re buying in late, you’re just paying for someone else’s exit. Always do your own research, and be wary of a project where the insiders hold all the power. $ETH | $XRP |$DOGE
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Powell’s speech at Jackson Hole just dropped, and in my opinion, it's a huge moment for markets. He basically confirmed what many of us suspected: the old economic playbook is officially dead. He was very clear about the Fed's new dilemma. The job market is fragile, with a fragile balance due to changes in immigration. At the same time, inflation from tariffs and other issues is a real concern. This leaves the Fed in a no-win situation: ease too fast and risk a second wave of inflation, or tighten too much and crash the job market. Here's my key takeaway: hikes are done. Powell didn't say it in those exact words, but his tone suggests that with the new economic backdrop, they are very unlikely to raise rates further. Cuts, however, will only happen if the data deteriorates significantly. So, what does this mean for us? The dollar might stay strong in the short term, but if the jobs data really starts to crack, the market will immediately pivot to rate-cut bets. And when that happens, watch out. #bitcoin thrives on these liquidity swings. It is the ultimate breakout trade when the tide turns. This isn't just about a potential relief rally; it's about a fundamental shift in the economic landscape that could provide a massive tailwind for a digital asset like Bitcoin. $BTC | $ETH | $BNB | #PowellWatch
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My take on the market's current state is that we're on a knife's edge, waiting for Jerome Powell to speak at Jackson Hole. Bitcoin's drop from its all-time high to the $113,000 range shows how quickly sentiment can turn. The market's fear and greed index plunged, proving that crypto is a sensitive indicator of global risk appetite. In my opinion, the charts look fragile. Analysts are right to point to a major support level around $108,000. A break below that could send us to $100,000 as on-chain data shows short-term holders are already selling at a loss. However, it's not all bearish. While Bitcoin and Ethereum are consolidating, #altcoins like Solana and #Dogecoin are showing notable gains. This suggests a healthy rotation of capital, not a full-blown panic. The market is coiled, and a dovish surprise from Powell could trigger a sharp relief rally. My bottom line: this is a high-stakes moment. We're in a holding pattern, and all eyes are on the Fed. I'm watching that $108,000 level closely as the key to what's next. $BTC | $DOGE | #PowellSpeech
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Everyone is watching $XRP right now, and in my opinion, the technicals are painting a very bullish picture. Forget the noise for a second and just look at the chart. XRP has just retested the critical $2.80 support zone. This isn't just a random number; it's a major high-time frame support level. What makes it even more significant is that it aligns perfectly with the 50-day moving average and a key volume area. When all these technical indicators converge, it's a powerful signal. The fact that this retest is happening with strong bullish volume tells me that smart money is stepping in. It’s not just a lucky bounce, it's a textbook retest of support, confirming that the overall bullish trend is still intact. From a structural perspective, #xrp has maintained a sequence of higher highs and higher lows, which is exactly what you want to see in a healthy uptrend. The current consolidation above $2.80 isn't a sign of weakness; it's a sign of a market establishing a firm base before the next leg up. I believe this is a key moment. As long as XRP can hold this level, the stage is set for a potential push toward new record highs. This is a case where the technicals are speaking volumes, and they're saying that the buyers are in control. $XRP | $BNB | #Ripple
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The Fed's Split Decision and What It Means for Crypto Everyone saw the charts dip and then recover when the Fed minutes dropped, but the real story is in the details. The Federal Reserve minutes from July revealed something fascinating: the first two-person dissent since 1993. Governors Waller and Bowman broke from the majority, pushing for a rate cut. They argued that inflation is already under control when you strip out temporary effects from tariffs, and they're worried about the economy weakening. This is a huge deal, in my opinion. It shows a real crack in the Fed's consensus. While the rest of the committee is still holding firm, we now have two high-profile members openly advocating for easier monetary policy. For crypto, this is a bullish signal disguised as a non-event. The dip was just a knee-jerk reaction to the headline that there was no cut. But the real takeaway is that the internal pressure to lower rates is growing. Waller and Bowman are powerful voices, and their dissent hints at a shift in thinking that could become the majority view at the next FOMC meeting. In my view, this is a clear sign that the macro headwind is weakening. We're not just waiting for Powell's speech anymore; we now have concrete proof that influential voices on the committee are leaning towards a more accommodative stance. This puts us in a great position for a potential rate cut in the near future, which would be a massive tailwind for Bitcoin and Ethereum. $BTC | $ETH | #FOMCMinutes
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