Venice, a privacy-first AI platform founded by Erik Voorhees, raised a $65 million Series A at a $1 billion equity valuation in a round led by Dragonfly. It is the company's first outside capital since launching. Voorhees announced the round Wednesday morning, saying Venice hit profitability in the… Read the full story at The Defiant

Source link

Kevin Warsh, Chairman of the Federal Reserve, speaking at the ECB Forum in Sintra, Portugal on July 1st, 2026.

CNBC

Federal Reserve Chairman Kevin Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured.

Advertisement

While the central bank has its own favorite metric courtesy of the Commerce Department, the public data base is rife with other gauges of how price pressures are best viewed.

It’s likely that many of them will get a serious look as the Warsh Fed plots what he called on Wednesday a “new course” for how it operates — and specifically what will be the data triggers for the ways it implements monetary policy.

“My hope, my aspiration, is that nine-12 months from now we’re going to be using new technologies to understand what’s happening in the real economy in a contemporaneous, real-time way that positions us as central bankers to make better decisions,” he said during a discussion at the European Central Bank Forum on Monetary Policy in Sintra, Portugal.

Warsh has formulated five task forces to look at an array of Fed functions. One will be data-focused while another will take a look at how officials measure, and react to, inflation.

Advertisement

The review is sure to be about more than the age-old battle between headline inflation and core inflation, the latter excluding the day-to-day necessities of gas and groceries because of how volatile those prices can be.

Instead, the Fed can use the process as a way to bring in other data points that paint a more complete picture of the cost-of-living challenges consumers face from inflation, which has been running hot for five years.

A variety of choices

These include measures from other central bank offices such as the Dallas Fed and its focus on “trimmed mean” inflation that includes outliers. Or the Atlanta Fed’s “sticky” and flexible” inflation that distinguishes between prices that tend to move up and down a lot and those that are steadier. There are also widely followed surveys from the University of Michigan and the New York Fed, as well as private sector measures such as the “Truflation” gauge that employs “cutting-edge technology to deliver the world’s only verifiable daily inflation indexes.”

Perhaps unsurprisingly, these measures can and do present very different pictures of inflation, with some reinforcing the view that prices are still too high and others saying the Fed might be closer to its 2% goal than traditional measures indicate.

“A good read on where inflation is headed is critical to whether the Fed needs to move rates,” Claudia Sahm, chief economist for New Century Advisors, wrote in a Substack post Tuesday. “But trend is not destiny — even a 2% trend is no guarantee of price stability, since actual inflation can diverge from trend as it does now.”

Advertisement

A basic view of the mainstream indicators shows inflation is well above the Fed’s 2% target.

The consumer price index — a broad amalgam of what consumers pay for goods and services — showed headline inflation running at a 4.2% annual pace in May, with core inflation at 2.9%.

At the same time, the personal consumption expenditures price index — the Fed’s preferred gauge that is more aggressive at adjusting for consumers’ behavioral changes like substituting less expensive items for costlier ones — put the respective numbers at 4.1% and 3.4%. Economists largely believe core is a better long-run gauge of inflation as it omits the most volatile categories, particularly important now considering the Iran war’s impact on energy prices.

Outside the norm

Other indicators, though, show different results.

Advertisement

The Dallas Fed “trimmed mean,” an average of inflation figures that tosses out the 24% of items that have the lowest price changes and 31% with the highest, shows a 12-month rate of just 2.4%. But there’s one important caveat with what is otherwise considered a trusty metric: Dallas Fed President Lorie Logan has warned that the methodology as currently deployed may be discarding the wrong prices.

Elsewhere, the Atlanta Fed’s flexible and sticky price gauges present a fascinating dichotomy: sticky prices running at a 3.1% 12-month annualized rate, and flexible prices at 7%, the highest since November 2022.

On the other hand, Truflation paints a much more benign picture, at just 1.75%. The measure has mostly moved in-step directionally with the CPI and PCE gauges but showed a much higher peak of 11.5% in June 2022, a time when CPI had topped out around 9%.

Finally, market-based measures also point to a less severe inflation backdrops.

Advertisement

The 2-year Treasury yield, sensitive to the vagaries of Fed rate policy, popped following Warsh’s first news conference in June but has since eased a bit. Similarly, the Treasury market’s five-year inflation indicator has plunged since May and is now at just 2.26% and the one-year “breakeven” rate has fallen nearly half a percentage point since May, albeit still elevated around 3%.

For Warsh, all of these data points, plus others from various agencies, present a complicated mosaic that his task forces will have to sift through. The chairman on Wednesday indicated that the Fed’s criteria will change dramatically and be more responsive to the current environment.

“We’re no longer going to have to rely solely on data that we get from government agencies with mismeasurement problems that have surveys that are no longer relevant,” Warsh said. “If we do our jobs, we’ll be here a year from now, and we’ll say we’ve discovered data that helps us make better decisions, and we live up to our promise.”

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Sam Altman ChatGPT AI just framed Bitcoin’s current price prediction slump as the setup line before the next major leg rather than the start of something worse. The model predicts a climb into the $120,000 to $150,000 range by the end of 2026, with $80,000 to $100,000 as the floor if things move slower than expected.

The bull case centers heavily on timing once again. Bitcoin trades near $60,100 today, and the model calls this a compelling asymmetric opportunity heading into year end.

The base case has the next major leg of the bull market beginning around November as macro liquidity improves and investors rotate back into risk assets more broadly.

A combination of accelerating institutional adoption through both ETFs and corporate treasuries keeps building underneath the surface, alongside continued global bitcoin accumulation and a more crypto friendly US regulatory environment.

The CLARITY Act remains a key potential catalyst here, since clearer market structure tends to unlock capital that has been sitting on the sidelines waiting for legal certainty.

President Trump has also repeatedly pledged support for the digital asset industry and positioning the United States as a global crypto leader, which the model frames as reinforcing long term investor confidence even though the exact legislative timing remains uncertain.

If those catalysts align the way the model expects, bitcoin could realistically climb into that $120,000 to $150,000 range by December.

The bear case comes down to delay rather than collapse. The primary risk is that regulatory progress simply stalls out, the Federal Reserve keeps monetary policy tighter for longer than markets expect, or institutional inflows end up weaker than anticipated.

If any combination of those headwinds shows up, the model sees that capping the rally and leaving bitcoin trading closer to $80,000 to $100,000 instead of reaching the more ambitious bull case target.

Bitcoin (BTC)

24h7d30d1yAll time

Bitcoin Price Prediction: BTC Waits On November To Decide Which Story Wins

The daily chart shows bitcoin at $59,316 after a long decline from highs near $127,000 set back in October. That slide has been steep and persistent, with a notable relief rally into May that topped out near $83,000 before sellers took back control completely.

Price has spent the last several sessions grinding in the high $50,000s to low $60,000s, recently slipping back below $60,000 on this very candle.

That kind of repeated failure to hold above a key round number after such an extended downtrend suggests sellers still have the upper hand for now.

Immediate resistance sits near $64,000, a level price has rejected from multiple times in recent weeks, with a much heavier ceiling further up near $76,000 where the May rally eventually lost momentum.

Support holds near $59,000, the area price is testing directly on this candle, with a deeper floor near $55,000 if that level fails to hold.

The broader structure remains a clean downtrend stretching back to October, defined by lower highs and lower lows almost the entire way down.

Momentum on the daily candles looks weak and still leaning bearish, with red candles dominating the most recent stretch and very little follow through buying on the occasional bounce.

Given how far bitcoin would need to travel just to reach the lower end of this prediction, the chart suggests this remains very much a story about November and beyond, with a reclaim of $76,000 standing as the first real signal that the bull case ChatGPT is describing has actually begun to take shape.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

You Might Like What ChatGPT AI Predicts About LiquidChain

The rotation is already happening. Most people will only see it in hindsight.

Large-cap crypto is not failing. It is capped. Bitcoin, Ethereum, and XRP have been pressing against the same resistance bands for weeks. The macro tailwinds keep getting delayed.

The institutional inflows keep getting pushed to next quarter. Holding assets where the upside depends on catalysts you cannot control is not a strategy. It is waiting.

A capital that has navigated enough cycles does not wait at resistance. It moves before the destination becomes obvious.

Early-stage infrastructure plays operate on different math entirely. A small enough market cap means a modest rotation produces dramatic price movement. The asymmetry exists because the market has not priced in what is being built yet. That gap between current valuation and what the project is actually worth is where the returns come from.

Multi-chain fragmentation costs DeFi real money every single day. Bitcoin, Ethereum, and Solana run completely isolated liquidity systems with no native way to connect them. Every user moving value between ecosystems absorbs that cost directly in fees, slippage, and failed transactions.

LiquidChain collapses all 3 networks into a single execution layer. One deployment. Full ecosystem access. No cross-chain tax on every interaction.

The market has not found this yet. That is the entire point.

The presale is at $0.01454 with just over $880,000 raised. Ground floor is not a marketing phrase here. It is a description of where this actually sits in its lifecycle.

Execution is unproven. Adoption is unknown. Those risks are real and worth naming directly. Established assets offer a smoother ride toward a ceiling that is already visible. This offers an earlier seat at a table that has not been set yet.

Explore the LiquidChain Presale

The post Sam Altman ChatGPT AI Predicts Shocking Bitcoin Price by End of 2026 appeared first on Cryptonews.

Source link

Source link

Source link

Ethereum price is holding a precarious line. ETH trades around $1,617, up roughly 3% over the past 24 hours, and the $1,500 support directly below is the number every desk is watching right now.

Robert Kiyosaki’s March forecast projecting ETH at $95,000 by mid-2027 has resurfaced across crypto social media, reigniting debate about long-term valuation at exactly the wrong moment for short-term price action.

Kiyosaki’s call is tied to a macro reset thesis: a global financial crisis triggers a sharp repricing of hard and alternative assets, sending Bitcoin to $750,000, gold to $35,000 per ounce, silver to $200, and Ethereum to $95,000 within a year of the event.

Corporate treasury data adds a layer of credibility to the demand narrative, Bitmine disclosed it purchased another 27,084 ETH last week, bringing its total holdings to approximately 5.7 million ETH (roughly 4.7% of circulating supply) valued at nearly $9 billion, with most staked.

SharpLink has also continued accumulating. Big buyers, weak chart. That tension is the story.

The broader market isn’t helping: total crypto market cap slipped 1% to $2.11 trillion, Bitcoin fell 1.6% amid spot ETF outflows, and altcoins traded broadly lower. Whether $1,500 holds defines the next directional move for ETH.

Can Ethereum Price Defend $1,500 and Stage a Recovery?

ETH is trading inside a descending channel, below both the 100-day and 200-day moving averages on daily and 4-hour timeframes.

The 24-hour range of $1,550 to $1,600 reflects indecision rather than accumulation. Resistance is stacking around $1,600 where price has repeatedly stalled. Weak institutional demand on Coinbase is flagged as a limiting factor, implying continued downside risk unless that dynamic shifts.

ETH reclaiming and holding above $1,600, flipping it to support, opens a path back toward $1,800 to $2,000. That requires a reversal in ETF flows and a catalyst, regulatory clarity or a macro risk-on shift would qualify.

Without that, consolidation continues between $1,500 and $1,600 with buyers defending the level but lacking the firepower to push through overhead resistance.

A daily close below $1,500 opens accelerated selling with no obvious technical floor until $1,300 to $1,350, the scenario traders are hedging against most actively right now.

Kiyosaki’s $95,000 target and Tom Lee’s ETH forecast framework are both multi-year macro calls, not trading signals. Useful for framing long-term conviction. Not useful for near-term entry timing. The current technical setup needs to clean up considerably before either longer-range thesis becomes actionable for active traders.

LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

Ethereum grinding at $1,500 raises a fair question. If near-term upside is capped and downside risk is real, where does fresh capital find asymmetric exposure right now?

ETH at current prices offers leverage to a recovery but also full drawdown risk if support breaks. Early-stage infrastructure plays present a different risk profile entirely, with their own category of uncertainty.

LiquidChain is a Layer 3 project positioning itself as the cross-chain liquidity layer the market is missing. The architecture fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment through a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once model that lets developers access all 3 ecosystems without redeployment.

The L3 thesis underpinning this raise is gaining traction as cross-chain fragmentation becomes harder to ignore. The presale is currently priced at $0.01475 with $881,054 raised to date.

Execution risk is real. Tech delivery, adoption timelines, and liquidity at launch are all unproven. That is the nature of early-stage infrastructure. The question is whether the asymmetry justifies the uncertainty.

Research LiquidChain before allocating.

The post Ethereum Price: Kiyosaki Forecats $95K as Ethereum Battles $1.5K appeared first on Cryptonews.

Source link

Manny Rutinel, a Democratic candidate running to represent Colorado’s 8th congressional district, has won his party’s primary and will head to the November election after being supported by a crypto-aligned political action committee (PAC).

Early on Wednesday, Rutinel reported that Rutinel would be the Democratic nominee for Colorado’s 8th district, having won with 61.7% of the vote against Shannon Bird’s 33.6%. Before the primary, the You Can Push Back Super PAC, backed by $3.5 million from Ripple Labs co-founder Chris Larsen, reportedly spent $1 million on media to support Rutinel’s run. 

The Colorado Democrat has a “strongly supports crypto” rating from the Coinbase-affiliated Stand With Crypto organization, based on his answers to questions about stablecoins, market structure and regulatory clarity. Coinbase is also a major contributor to the Fairshake PAC, which supports what it considers “pro-crypto” Democratic and Republican candidates for Congress.

Source: Stand With Crypto

On Tuesday, the consumer advocacy group Public Citizen reported that the cryptocurrency industry had spent about $189 million so far on contributions to influence the 2026 US elections, largely through PACs. In what some experts say is the industry repeating its 2024 strategy, crypto-aligned groups are expected to continue spending to elect what they consider “pro-crypto” politicians.

Advertisement

Related: Senate leaders push for July passage of CLARITY Act

Cointelegraph reached out to a spokesperson for You Can Push Back but did not receive an immediate response.

Poll shows Americans think crypto has too much influence in Washington, DC

A new poll commissioned by Americans for Financial Reform released on Wednesday showed that a majority of Americans are concerned about the influence the crypto industry has on US lawmakers. The results followed financial disclosures showing that US President Donald Trump profited by more than $1.4 billion from his crypto investments.

“Voters have seen serious crypto corruption and high ranking government officials raking in profits while everyday people experience crypto-fueled losses and scams,” said Mark Hays, the associate director of crypto and fintech at Americans for Financial Reform. “Voters want crypto to have to play by the same kinds of rules as other financial companies, not dictate special privileges for itself.”

Advertisement

White House Deputy Press Secretary Anna Kelly said on Tuesday that neither Trump nor his family “has ever engaged — or will ever engage — in conflicts of interest.”

Among the poll’s results included a majority of Democrats, Republicans and Independents being concerned about crypto-related laws being influenced by donations from those in the industry. Americans for Financial Reform concluded that voters were likely to agree that the crypto industry needs sensible regulation.

Magazine: The end of anonymity? AI could unmask crypto’s hidden identities

Source link

Elon Musk Grok AI just put together what might be the most detail rich XRP price prediction bull case in this entire series. The model predicts $4 to $6 by December 2026, roughly four to six times where the coin sits right now.

The bull case treats XRP as an asset whose actual utility has finally started translating into real sustained token demand, even while price refuses to acknowledge it.

XRP sits near $1.06 today, and the foundation of this thesis is a full legal clean slate, with the SEC lawsuit completely resolved in August 2025 after Ripple paid a modest $125 million fine with no further appeals.

That outcome unlocked multiple US spot XRP ETFs which have been live since November 2025 and delivering consistent institutional inflows ever since.

RLUSD stablecoin is surging on the XRP Ledger and has actually pulled ahead of Ethereum in supply, driving billions in on chain volume and XRP fee generation at the same time.

Over 300 financial institutions are now actively using RippleNet and On Demand Liquidity for faster and cheaper cross border payments, while the XRPL itself keeps adding infrastructure through a lending protocol, multi purpose tokens for real world assets, automated market makers, and permissioned domains.

Ripple itself carries a $40 billion valuation, has secured a trust bank charter, and keeps expanding partnerships including an SBI Japan RLUSD launch and tokenized asset work with JPMorgan ties.

If a constructive macro and crypto bull market materializes alongside all of that, Grok sees institutional allocation and on ledger activity accelerating together toward that $4 to $6 target by year end.

The bear case is narrow compared to the weight of the bull thesis. If ETF inflows slow, RLUSD adoption lags, or broader markets consolidate longer than expected, gains could end up capped near $2 to $3 instead.

Even under that scenario the model still frames the risk reward as heavily tilted toward the bull case given cleared regulatory overhang and proven infrastructure traction that now exists beneath the price surface.

Xrp (XRP)

24h7d30d1yAll time

XRP Price Prediction: XRP Carries A Year Of Cleared Catalysts Into A Chart That Has Not Moved Yet

The daily chart shows XRP at $1.06010 after a long, grinding decline from highs above $3.65 set back in early August of last year.

That drop has been almost entirely one directional, interrupted only briefly by a bounce near $2.40 in November before sellers regained control completely.

The most recent leg lower in June pushed price to a fresh low below $1.03 before a modest recovery brought it back to current levels. That kind of late stage capitulation after such an extended downtrend often signals sellers running out of ammunition rather than a healthy pause on the way lower.

Resistance sits first near $1.20, the level that has capped every recent bounce attempt, then a heavier ceiling near $1.60 where price stalled out multiple times earlier this year.

Support is being tested right at current levels near $1.04 to $1.06, the exact zone the chart has been grinding along for the past several days. The overall structure remains a clean descending staircase stretching back nearly a full year, with every relief rally setting a lower high than the one before it.

Momentum on the daily candles looks cautiously stabilizing rather than reversing right now, with slightly more green candles visible in the most recent sessions compared to the weeks prior.

That is a thin read but worth noting after such a long stretch of one sided selling. Given how far XRP would need to travel just to reach the low end of this prediction, the chart tells you this is entirely a story about the next five months rather than the last five, and a decisive close back above $1.60 would be the first real technical signal that Grok’s re-rating scenario has actually started.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

Discover: The best crypto to diversify your portfolio with

Here is What Grok AI Predicts For LiquidChain Near Future, Very Bullish

Sitting at resistance waiting for a breakout is not positioning. It is standing in line.

Bitcoin, Ethereum, and XRP have been pressing against the same ceilings for weeks. The catalyst that unlocks the next leg is perpetually one data print away.

The institutional inflows are perpetually next quarter. Every large-cap trader waiting for a breakout is waiting on a decision that belongs to someone else’s balance sheet.

Early-stage infrastructure plays by completely different rules, Copilot AI predicts. Capital that would vanish as statistical noise at Bitcoin’s scale moves a small undiscovered project by multiples.

The asymmetric return lives in one place only: the gap between what something is genuinely worth and what the market currently thinks it is worth. That gap exists because the project has not been found yet. The moment it gets found, the gap is gone.

Cross-chain fragmentation has been extracting value from DeFi participants since the first bridge went live and nobody has eliminated it. Bitcoin, Ethereum, and Solana were engineered as independent systems with no shared architecture and no intent to interoperate.

Every transaction that crosses those boundaries pays the price of that design in fees, slippage, and execution failures. Bridges were supposed to be the solution. They became the mechanism through which the problem collects its fee.

LiquidChain eliminates the fee entirely. Three networks inside a single execution layer. One deployment reaches all of them. No cross-chain tax on any interaction anywhere.

ChatGPT AI flagged it as worth watching. The presale is at $0.01454 with just over $860,000 raised.

Execution is unproven. Adoption is unknown. Established assets offer a predictable ride toward a ceiling that is already fully visible. LiquidChain is an entry point that disappears once the market finds it.

Visit LiquidChain Here.

The post Elon Musk Grok AI Predicts Shocking XRP Price by End of 2026 appeared first on Cryptonews.

Source link

Source link

President Donald Trump’s positive comments on U.S.-Iran negotiations have lifted crypto markets, pushed oil below $70, and added more than $74 billion to gold’s market value as investors reposition for easing geopolitical risks.

Summary

• Trump’s positive comments on U.S.-Iran talks helped lift crypto prices while pushing oil below $70.
• Bitcoin topped $60,400, Ethereum gained 2.8%, and the total crypto market cap rose to $2.14 trillion.
• Polymarket assigns a 62% chance of extending the U.S.-Iran negotiation period, keeping markets focused on Doha.

According to President Donald Trump, relations with Iran have remained positive and ongoing negotiations in Qatar are progressing well, prompting a swift reaction across financial markets as traders reassessed the likelihood of a prolonged Middle East conflict.

Speaking on Wednesday, Trump said Iran’s “denuclearization is well on its way” and described the meetings as “excellent” before adding, “We’ll see.” His remarks followed a Truth Social post earlier this week in which he said U.S. officials would meet Iranian representatives in Doha at Tehran’s request.

Advertisement

Crypto extends gains as geopolitical tensions ease

While diplomatic discussions continued in Qatar, Bitcoin climbed more than 3% to an intraday high of $60,401 before easing to $60,120 at press time. Ethereum gained 2.8% to $1,620, XRP added 1.5%, and Solana outperformed with a 5% advance. The total cryptocurrency market capitalization also increased about 2% to $2.14 trillion.

The rally came as investors reduced demand for traditional safe-haven assets tied to geopolitical uncertainty. Gold added more than $74 billion in market value during the session, while U.S. benchmark WTI crude oil fell more than 2% for the first time since tensions between the United States and Iran intensified, closing below the $70 level.

Analysts nevertheless urged traders to remain cautious despite the rebound, noting that negotiations are still underway and that market direction will continue to depend on diplomatic developments.

Advertisement

Earlier this week, as reported by crypto.news, renewed attention also returned to comments from Rich Dad Poor Dad author Robert Kiyosaki, whose March prediction that Ethereum could reach $95,000 by mid-2027 resurfaced across crypto social media.

Kiyosaki argued that a major global financial crisis could trigger a sharp repricing of alternative assets, forecasting Ethereum at $95,000, Bitcoin at $750,000, gold at $35,000 per ounce, and silver at $200 following such an event.

Markets remain focused on the outcome of Doha negotiations

Diplomatic efforts have continued beyond Trump’s latest remarks. U.S. representative Jared Kushner and envoy Steve Witkoff are in Qatar for another round of discussions, while Qatar and Pakistan are serving as mediators during the negotiations.

Separate talks have also taken place between Iran and Oman, which recently established a joint committee to address issues surrounding the Strait of Hormuz and other ceasefire-related matters. Those discussions have added to expectations that negotiations are expanding beyond the immediate nuclear issue.

Advertisement

Prediction market Polymarket currently assigns a 62% probability that the United States and Iran will extend their 60-day negotiation period. Although that estimate suggests traders expect diplomacy to continue, it does not guarantee an agreement.

For now, Trump’s latest comments and the ongoing meetings in Doha have encouraged investors to price in a lower risk of further escalation. At the same time, market participants continue watching for concrete progress, since a formal agreement could extend the current rally across risk assets, while another breakdown in negotiations or the expiration of the 60-day deadline without an extension could reverse recent moves in cryptocurrencies, oil, and other global markets.

Source link