An unusual widening in the SOFR-RRP spread has triggered alarm bells across financial markets, with crypto traders interpreting the signal as potential early warning of Federal Reserve policy intervention. The 29 basis point gap on a non-quarter-end day suggests tightening funding conditions in the financial system’s plumbing. Simultaneous draws on the Fed’s Standing Repo Facility and pressure on regional banks reinforce concerns about liquidity scarcity.
about SOFR-RRP Spread Signals Fed Policy Shift, Crypto ReactsFelix Jauvin
0 posts last weekTrump Fed Control Could Boost Bitcoin & Gold, Analyst Says
A prominent crypto analyst argues that former President Donald Trump’s potential influence over Federal Reserve policy could trigger a liquidity surge benefiting Bitcoin and gold. The thesis emerges as gold hits record highs and policymakers debate using frozen Russian assets to fund Ukraine. This shift could redefine Bitcoin’s role from a halving-driven asset to a liquidity-sensitive store of value.
about Trump Fed Control Could Boost Bitcoin & Gold, Analyst SaysJuly’s Key Events to Shape Crypto and TradFi Markets
Bitcoin hovers just below its mid-May peak at around $119,000, with the global crypto market cap nearing $4 trillion. However, traders are eyeing the last week of July as a critical juncture, packed with high-stakes macro events. The Federal Open Market Committee (FOMC) meeting on 29-30 July could signal imminent rate cuts, with Governor Christopher Waller advocating for a 25-basis-point reduction. Treasury Secretary Scott Bessent’s Quarterly Refunding Announcement (QRA) on 30 July may influence crypto liquidity through shifts in short-dated bill issuance. Meanwhile, escalating legal battles over Trump-era tariffs—culminating in a 31 July court hearing—could reshape inflation expectations. Real yields, a key Bitcoin driver, have dipped alongside rate-cut bets, mirroring BTC’s recent rally. Analysts urge caution, advising traders to monitor Fed signals, Treasury supply, and tariff developments closely.
about July's Key Events to Shape Crypto and TradFi MarketsBitMEX Co-Founder Predicts Another Bitcoin Surge
Arthur Hayes, former BitMEX CEO and current head of Maelstrom, predicts Bitcoin could see another six-fold increase, mirroring its 2022-2025 surge. He attributes this potential rally to US Treasury actions like bill issuance and buybacks, which he views as ‘stealth QE,’ rather than Federal Reserve policy. Hayes highlights the Trump administration’s tariff reversals as evidence of the financial system’s fragility and the inevitability of further money creation. He also warns of risks from Japan’s yen strength and potential Fed interventions. Drawing parallels to November 2022, when Bitcoin began its last major bull run amid Treasury liquidity measures, Hayes suggests current conditions could spark a similar surge, with BTC already trading near $92,559.
about BitMEX Co-Founder Predicts Another Bitcoin SurgeBitcoin’s Next Big Move: Decoupling from US Tech
Felix Jauvin posits that Bitcoin’s current slump amid market deleveraging is temporary, with a major rally expected as global liquidity shifts away from US assets. He highlights how US fiscal deficits have historically driven capital into US equities and Bitcoin, but Trump-era trade policies could reverse this flow. Jauvin predicts Bitcoin will decouple from US tech stocks as foreign deficit spending grows, making it a prime post-sell-off trade due to its borderless, tariff-proof nature. At press time, BTC traded at $84,766.
about Bitcoin's Next Big Move: Decoupling from US TechWhite House Tariff Pause Rumor Sparks Market Frenzy
Markets experienced extreme volatility after rumors surfaced about a 90-day White House tariff pause for all countries except China. The S&P 500 briefly added over $3 trillion in market cap before erasing $2.5 trillion once the news was debunked. Bitcoin surged 7.2% to $81,200 before retreating to $77,560. Analysts highlighted the fragility of market sentiment, with crypto observers noting sidelined capital and extreme headline-driven volatility. The event underscored how quickly markets can swing on unverified news, with experts warning of potential liquidity risks and further instability.
about White House Tariff Pause Rumor Sparks Market FrenzySolana’s Bitcoin Ratio Mirrors Ethereum’s Trajectory Amid Market Challenges
Solana’s bitcoin ratio is closely mirroring Ethereum’s trajectory, with both experiencing initial price spikes followed by significant declines during bear markets. Currently, while ETH has entered a bear market with negative year-on-year returns, SOL’s performance remains stagnant, suggesting it may follow ETH’s path if market conditions improve.
about Solana's Bitcoin Ratio Mirrors Ethereum's Trajectory Amid Market ChallengesPump.fun Launches Mobile App Amid Challenges and Memecoin Enthusiasm
Pump.fun, a Solana memecoin launchpad, has released its first mobile app, marking a significant update since disabling livestreams in November. While the app offers a smooth onboarding process, users are experiencing challenges with transaction execution, reflected in its low ratings on app stores. Despite a drop in daily token launches, the platform has generated approximately $548 million in revenue since its inception, indicating potential for future growth if transaction issues are resolved.
about Pump.fun Launches Mobile App Amid Challenges and Memecoin EnthusiasmEthereum’s Resilience Amidst Market Comparisons and Competitor Gains
Ethereum faces skepticism as its price lags behind competitors like Solana and XRP, which have seen significant gains. However, this underperformance may be attributed to the relative size of these assets, as smaller coins can experience larger price movements with less capital. The ongoing evolution of the crypto market suggests that Ethereum’s position remains strong despite concerns about its future relevance.
about Ethereum's Resilience Amidst Market Comparisons and Competitor GainsTop Solana Protocols by Fees in 2024 Analysis
In 2024, Solana’s top protocols by fees showcased a significant surge driven by memecoins. Raydium led with $648 million, followed closely by Jito at $633 million, while PUMP.FUN and Photon generated $308 million and $248 million, respectively. Other notable mentions include BLOXROUTE, Trojan, and Marinade, each contributing substantial fees to the ecosystem.
about Top Solana Protocols by Fees in 2024 Analysis