Shares of Kakaopay dropped sharply after volatile trading as regulators warn of risks tied to widespread stablecoin adoption. Shares of South Korean digital payments firm Kakaopay tumbled as much as 17% on June 27 after trading resumed Thursday, following a…

South Korean payments firm Kakaopay tumbles 17% as regulators sound alarm on stablecoins

Bitcoin held steady Friday as traders braced for a potential shake-up at the 
Federal Reserve. United States President Donald Trump is reportedly preparing 
to replace Fed Chair Jerome Powell, a move that could shift the central bank’s 
approach to interest rates and market liquidity. The Dow Jones climbed more 
than 300 points midweek, and the ripple reached the crypto market too—Bitcoin 
nudged higher to around 106,950 before easing slightly. Related Reading: 
Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push Markets are 
reading this as a signal. If Powell is pushed out in favor of someone more 
open to cutting rates, risk assets like Bitcoin and Ethereum could benefit. 
The US dollar slipped to a three-year low, and bond yields retreated, adding 
to the sense that easier money may be coming. For crypto investors, this is a 
setup worth watching. The #USD fell to a three-year low on intensifying 
speculation that President Trump could soon nominate a new Fed Chair to 
replace Powell after his term ends next May, a development that could render 
him a lame duck writes @johnjhardy in today&#8217;s #forex update.… — Ole S Hansen 
(@Ole_S_Hansen) June 26, 2025 Trump Moves Toward Possible Fed Overhaul Reports 
from multiple outlets say Trump is seriously considering replacing Powell 
before his term ends in 2026. Though no official announcement has been made, 
sources suggest Trump has discussed potential successors with advisors. His 
criticism of Powell’s policies isn’t new, but the recent rise in inflation 
concerns and election-year pressure may be accelerating the timeline. The 
market response was immediate. Traders began to price in a more dovish Fed 
policy, which generally means lower interest rates and increased liquidity. 
That would be good news for crypto, which has languished under tighter 
monetary conditions throughout the last year. Bitcoin, which is often used as 
a hedge against fiat debasement, likes to rally when the dollar declines and 
rates come down. Bitcoin Price Reacts With Caution Bitcoin was trading at 
106,950 Friday, with a daily high of 107,250 and a low of 106,145. It wasn’t a 
breakout, but it was a clear sign of rising interest. Ethereum and other top 
coins saw similar quiet moves upward. Traders are treading carefully, knowing 
that talk of replacing the Fed chair is one thing, but actually doing it is 
another. Stocks Lead The Way, Crypto Follows The bullish mood started with 
equities. The Dow surged more than 300 points, while the S&amp;P 500 and Nasdaq 
also closed higher. Tech stocks led the rally, pushed by falling Treasury 
yields and hopes that rate hikes are off the table for now. That optimism 
spilled into crypto markets, where risk sentiment plays a big role. Related 
Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash 
Fears Crypto Market Eyes Washington There’s still a lot of uncertainty. Powell 
is in office, and no formal replacement has been named. But the fact that 
President Trump is entertaining the idea is already moving markets. Crypto 
investors are especially sensitive to changes in the macro outlook, and this 
could be a key one. Featured image from Saul Loeb/AFP/Getty Images, chart from 
TradingView

Bitcoin Braces For Fed Shake-Up As Trump Eyes Powell Exit

Crypto markets are wavering on profit taking, but signs of a sustained rally 
are there.

Is the crypto bull run here? Bitcoin wavers as traders take profits

Bitcoin&#8217;s volatility highlights economic uncertainty, with inflation concerns 
and potential Fed rate decisions impacting market stability.
The post Bitcoin retreats after Fed&#8217;s preferred inflation gauge shows mild 
uptick appeared first on Crypto Briefing.

Bitcoin retreats after Fed’s preferred inflation gauge shows mild uptick

In the UAE’s complex crypto landscape, founders who treat legal and regulatory 
structuring as a core element of their go-to-market strategy — not an 
afterthought — are the ones who thrive.

Legal strategy matters more than ever for your crypto startup in the UAE

By Andrey Lazutkin, CTO of Tangem In the past decade, cryptocurrency has grown 
into a trillion-dollar asset class—but this rapid adoption has exposed a 
critical vulnerability: how users secure their assets. Despite the crypto 
industry’s promise of financial freedom through self-custody, billions of 
dollars are still lost each year due to security failures. The crypto […]