P2PTRADER

$TRUMP is again attacking Fed Chair Jerome Powell, saying “his termination can’t come fast enough.” Calling him slow and all that stuff. Reports say the White House is reviewing if they can actually remove him.
Let’s be real—Trump is a politician. He wants rate cuts because they pump markets and make the economy look strong under his leadership.
But Powell runs the Fed. His job isn’t to please any president. It’s to manage inflation, jobs, and economic stability—based on data, not political pressure.
If a sitting president forces out a Fed Chair just for not cutting rates, it would shake the foundation of how the U.S. central bank works.
🔸What does this mean for markets?
It could trigger short-term panic. Stocks would likely react first—and crypto would follow. Let’s not pretend crypto is decoupled. It still moves with risk assets, especially tech and equities.
This is not just drama. It’s a real test of the Fed’s independence.

HashKey Capital has rolled out the first-ever XRP tracker fund in Asia, locking in a new investment option for professional buyers who want access to the Ripple token without needing to handle wallets or keys. The product, officially named the HashKey XRP Tracker Fund, was announced Friday and is already live.
The tracker fund comes with one big name behind it: Ripple, who is acting as the anchor investor. The news comes straight from HashKey Capital, who said the fund is its third crypto tracker, after earlier launches of a Bitcoin ETF (3008.HK) and an Ethereum ETF (3009.HK) done in partnership with Bosera.
Ripple (XRP) and HashKey build a new fund partnership
Vivien Wong, a partner at HashKey Capital, confirmed that Ripple is backing the new fund right from the beginning. “We will extend HashKey Capital’s connections to financial institutions, regulators, and investors in Asia to Ripple,” Vivien said.
She also said the companies are already looking into more crypto investment tools, including one project that might involve tokenizing a money market fund on the XRP Ledger.
Vivien said the fund helps simplify access to XRP for serious investors who don’t want to deal with private keys. “XRP stands out as one of the most innovative cryptocurrencies in today’s market, attracting global enterprises who use it to transact, tokenize, and store value,” she said. The tracker offers monthly entry and exit, and investors can buy into it using either cash or in-kind XRP.
HashKey picked CF Benchmark to manage the price tracking for the fund. CF Benchmark also works on crypto ETFs in both Asia Pacific and the United States. Vivien didn’t give exact management fee figures or volume expectations, but confirmed this is the first in a larger line of tools being built in partnership with Ripple.
HashKey said the goal is to help serious crypto investors access regulated tools that remove the risks of self-custody. The fund will function like a traditional asset tracking product. It gives monthly liquidity, has in-kind XRP acceptance, and is benchmarked to a third-party price index.
Ripple and HashKey both said they plan to launch additional products together across DeFi, enterprise blockchain, and crypto payments.
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