Author: Isabella Taylor

Federal Reserve Chair Jerome Powell cautioned that the new realities in U.S. markets may mean that near-zero percent interest rates are unlikely to return. Fed Chair signalled that past near-zero interest rates may be a thing of the past. On Thursday, May 15, Federal Reserve Chair Jerome Powell warned about impending “supply shocks” that will likely mean that interest rates have to remain higher. “Higher real rates may also reflect the possibility that inflation could be more volatile going forward than in the inter-crisis period of the 2010s. We may be entering a period of more frequent, and potentially more…

The U.S. Senate’s effort to regulate stablecoin issuers could soon return to the floor, following a week of stalled progress tied to partisan concerns over President Donald Trump’s crypto connections.  Lawmakers are close to finalizing updated language in the bill, which may be brought forward procedurally as early as Thursday. The legislation — known as the GENIUS Act — aims to establish a federal framework for stablecoins. A previous version passed the Senate Banking Committee with bipartisan support but failed to advance in a cloture vote last week when all Democrats and two Republicans opposed it. Senate Majority Leader John…

Monero, the leading privacy-focused cryptocurrency, surged to its highest level in four years as demand rose. Monero (XMR) jumped to $350, bringing its year-to-date gains to 75% and pushing its market cap above $6.3 billion. It has rallied over 155% in the past 12 months, making it one of the top-performing large-cap cryptocurrencies. The surge has occurred despite the fact that major crypto exchanges like Binance, Coinbase, OKX, and Crypto.com do not currently list the token. These platforms delisted Monero due to its strong privacy features, which raised potential legal risks. These legal concerns intensified after U.S. authorities sanctioned Tornado…

As Canada’s political landscape resets following a closely watched federal election, the country’s approach to cryptocurrency policy is at a critical juncture. As a Canadian, I’ve been closely following how the outcome of the 2025 election would dictate the country’s approach to crypto. With Pierre Poilievre’s defeat and Mark Carney retaining the title of Prime Minister, Canada now faces a pivotal moment in its digital asset policy. Poilievre had positioned himself as a defender of the crypto space, backing pro-crypto legislation and calling for the country to become a blockchain global hub. Carney, on the other hand, is the former…

FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the upcoming distribution via a press release on May 15. The $5 billion set for distribution will go to holders of allowed claims under the collapsed crypto exchange’s Chapter 11 reorganization plan. This second tranche of distributions will cover eligible creditors in both the Convenience and Non-Convenience Classes. However, disbursement is limited to FTX creditors who have completed the required pre-distribution processes. (1/3) FTX today announced it is set to distribute more than $5 billion…

Solana has shown a potential deviation at the key $180 resistance level, with price briefly closing above before quickly falling back below. This signals a likely rotation toward major support near $125 if the level fails to be reclaimed. Solana (SOL)is at a critical juncture after encountering strong resistance at the $180 level. Recent price action reveals a deviation pattern where the price temporarily closed above $180 but was unable to sustain the move and promptly fell back below. This type of behavior suggests sellers are aggressively defending the level, raising the likelihood of a retracement toward lower support zones.…

Stocks inched higher today, despite concerns over lower retail spending and escalating retail prices. U.S. stocks edged up on Thursday, May 15, even amid negative retail indicators. The Dow Jones was trading at 42,191, up 140 points or 0.33%. The S&P 500 rose 18.75 points, or 0.32%, to 5,911. Meanwhile, the tech-focused Nasdaq was nearly flat at 19,140 points, down just 8 points or 0.04%. Stocks were weighed by retail sales figures released on the same day. Notably, growth in retail sales slowed dramatically in April. Sales saw gains of just 0.1% compared to March’s upwardly revised 1.7%. This was…

Bitcoin has traded sideways for most of the week, with price action stuck between $100,700 support and $104,700 resistance. The lack of volume and tight-range behavior suggests a breakout is still pending. Bitcoin (BTC) has experienced unusually slow price movement this week, consolidating between clearly defined support and resistance levels. Traders have been closely monitoring the $100,700 and $104,700 levels, which now serve as the lower and upper bounds of the current trading range. Despite repeated tests of both levels, BTC has failed to make a decisive move outside the zone, indicating that the market remains in a phase of…

The SEC is continuing to investigate Coinbase over past statements about its user base, despite recent moves under President Trump to roll back crypto enforcement, The New York Times reported. According to four people familiar with the matter, the SEC inquiry centers on Coinbase’s past claims of having more than 100 million “verified users,” a figure prominently featured in its 2021 IPO filing.  User number issues Regulators are examining whether that number may have misrepresented the scale of the company’s user base and misled investors. Coinbase stopped citing the metric in 2023, acknowledging it may have overstated unique users since…

EOS has declined over 10% in the past 24 hours and is now testing a critical support area around $0.70. While the trend remains bearish, this level presents a high-confluence opportunity for a potential bullish reaction if demand steps in. EOS (EOS) has entered a key phase in its market structure after a steep corrective move brought it back into the $0.70 support zone. This level is significant not only due to its historical price reactions but also because of its strong technical confluence. While the sell-off has raised concerns about a potential breakdown, the structure of the decline, along…