Strategy Chairman Michael Saylor has maintained a bullish stance around Bitcoin despite the premier crypto asset losing over $1 trillion in market value. Bitcoin (BTC) has borne the largest losses within the crypto market in terms of declining valuation, being the largest asset by market cap. Visit Website
Market analysts said the extreme downside scenario risked influencing real capital flows, prompting a heated public debate over bitcoin’s macro outlook.
Buying TRX does not require opening an account on a centralized exchange. While traditional exchanges remain popular, they are not the only way to acquire TRON (TRX). For users who prefer wallet-to-wallet transactions, fewer registration steps, or greater rate visibility, alternative execution models exist. This review explains how to buy TRX without using a centralized exchange, what to look for in a platform, and how services like SwapSpace approach the process. Alternative Methods to Buy TRX There are generally two non-CEX routes: Instant swap services Exchange aggregators Both allow wallet-to-wallet transactions without requiring a trading account. The difference lies in rate visibility and liquidity sourcing. Instant Swap Services Instant swap platforms allow you to convert one cryptocurrency into TRX directly from your wallet. You select the asset you want to exchange (for example, BTC or USDT), enter the amount, send funds, and receive TRX. The process is simple and direct. However, most instant services rely on a single liquidity provider, meaning you see one available rate at a time. There is no built-in comparison layer. How SwapSpace Finds Optimal Rates to Buy TRX Exchange aggregators take a different approach. Instead of offering one rate, they collect offers from multiple liquidity providers and display them in one interface. SwapSpace operates under this model. It aggregates real-time swap offers from 37 trusted exchange partners and supports nearly 4,000 cryptocurrencies, including TRX. What this means in practice When buying TRX through SwapSpace, you can: Compare multiple available rates View estimated transaction times Check whether KYC is required Choose between fixed and floating rates Complete the swap without account registration SwapSpace does not hold user funds. The transaction is executed directly between your wallet and the selected partner. This structure keeps custody with the user while allowing broader pricing visibility than single-source instant swaps. The platform currently holds a 4.6 rating on Trustpilot based on nearly 900 reviews, offering additional public feedback as a reference point. Step-by-Step: How to Buy TRX Without a CEX The process typically looks like this: Open your crypto wallet Select the asset you want to exchange at swapspace.co/buy-crypto Select TRX as the asset you want to receive Compare available rates Confirm transaction details Send funds Receive TRX in your wallet The total time depends on the blockchain used and network confirmations. Fixed vs Floating Rate When purchasing TRX through swap services, you may see: Fixed rate — locks in the TRX amount before confirmation Floating rate — reflects live market conditions and may adjust slightly The choice affects execution certainty, not platform legitimacy. What to Consider Before Buying TRX Before completing a transaction: Confirm wallet compatibility Verify network selection Compare final received amount Review estimated processing time Check platform reputation The rate shown at the beginning should not be the only metric. Execution terms matter. Final Thoughts Buying TRX without using a centralized exchange is entirely possible through wallet-based swap services and exchange aggregators. Centralized exchanges prioritize internal liquidity and trading infrastructure. Non-custodial platforms prioritize direct execution and user control. Aggregators like SwapSpace add an additional layer by enabling rate comparison across multiple providers before committing to a transaction. The right method depends on whether you prioritize custody, simplicity, or visibility into available pricing. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
BitcoinWorld Bitcoin Price Prediction: Veteran Trader Reveals Critical $93K Threshold to Shatter Bearish Trend Market veteran Peter Brandt delivers a crucial Bitcoin price prediction for 2025, identifying a definitive $93,000 threshold that must be breached to invalidate the current bearish structure while pinpointing October as the likely timeframe for the cycle bottom formation between $42,000 and the low $60,000s. Bitcoin Price Prediction: The $93,000 Threshold Analysis Veteran trader Peter Brandt has identified $93,000 as the critical resistance level for Bitcoin’s market structure. According to his technical analysis, the cryptocurrency must decisively surpass this price point to invalidate the current bearish trend that has persisted through early 2025. Brandt specifically noted that Bitcoin’s technical setup deteriorated significantly after the price fell below its January 2025 high of approximately $92,000. This analysis comes from a trader with over four decades of experience in commodity and financial markets, providing substantial weight to his technical observations. The $93,000 level represents more than just a psychological barrier. Technically, it serves as confirmation of trend reversal according to classical charting principles. When Bitcoin failed to maintain momentum above this level in January, it created what technical analysts call a “lower high” within the broader market structure. Consequently, this development established a bearish pattern that requires significant buying pressure to overcome. Market analysts generally consider Brandt’s technical approach conservative and methodical, focusing on price action and chart patterns rather than speculative narratives. Historical Context of Bitcoin Market Cycles Bitcoin’s current market position reflects familiar cyclical patterns observed throughout its history. The cryptocurrency has experienced four major market cycles since its inception, each featuring distinct phases of accumulation, markup, distribution, and decline. Historical data reveals that Bitcoin typically experiences approximately 80% drawdowns from cycle peaks to subsequent bottoms, followed by extended accumulation periods before new bull markets emerge. Bitcoin Historical Cycle Analysis Cycle Peak Subsequent Bottom Drawdown Percentage Bottom Formation Period 2013: $1,163 2015: $152 87% 14 months 2017: $19,783 2018: $3,122 84% 12 months 2021: $69,000 2022: $15,476 78% 11 months 2025: $92,000+ Projected: $42K-$60K 35%-54% Ongoing Brandt’s October bottom prediction aligns with historical seasonal patterns in cryptocurrency markets. Autumn months frequently witness increased volatility and potential trend reversals. Furthermore, the projected bottom range of $42,000 to low $60,000s represents a more moderate drawdown compared to previous cycles, potentially indicating market maturation and increased institutional participation providing stronger support levels. Technical Analysis Methodology and Market Impact Peter Brandt employs classical technical analysis principles developed through decades of trading commodities and financial instruments. His approach emphasizes: Price pattern recognition identifying chart formations that historically precede trend changes Support and resistance analysis determining key price levels where buying or selling pressure typically emerges Trend line validation using diagonal support and resistance lines to confirm market direction Cycle analysis examining historical timeframes for potential repetition of market behavior This methodology provides traders with specific, actionable levels rather than vague predictions. The $93,000 threshold serves as a clear line in the sand for market participants. Should Bitcoin reclaim this level with conviction, it would signal potential trend reversal and likely trigger increased institutional interest. Conversely, failure to breach this resistance maintains the bearish structure Brandt identified, potentially leading to further testing of lower support levels. Market Fundamentals Supporting the Analysis Several fundamental factors provide context for Brandt’s technical predictions. Bitcoin’s network fundamentals remain robust despite price volatility. The hash rate continues reaching new all-time highs, indicating strong miner commitment and network security. Additionally, institutional adoption progresses steadily through regulated financial products, including spot Bitcoin ETFs that began trading in early 2024. Macroeconomic conditions significantly influence cryptocurrency markets in 2025. Central bank policies, particularly regarding interest rates and quantitative tightening, affect liquidity conditions across all risk assets. Geopolitical developments and regulatory clarity in major jurisdictions also contribute to market sentiment. These fundamental factors interact with technical patterns to create the complex market environment analysts must navigate. On-chain metrics provide additional insights into market phases. Exchange balances continue declining as long-term holders accumulate Bitcoin during price weakness. The percentage of supply inactive for over one year remains near historical highs, suggesting strong conviction among existing holders. These metrics generally align with late-cycle behavior where weak hands capitulate while committed participants accumulate at perceived value prices. Comparative Expert Perspectives on Market Direction While Peter Brandt’s analysis carries significant weight due to his extensive experience, other market participants offer varying perspectives. Some analysts emphasize different technical levels, while others focus more heavily on fundamental developments. This diversity of opinion reflects the complex, multifaceted nature of cryptocurrency markets where multiple narratives can coexist simultaneously. Several analysts highlight the importance of the 200-week moving average as a key support level historically. Others point to logarithmic growth curves that suggest higher support levels than previous cycles. These varying approaches demonstrate that technical analysis involves interpretation rather than absolute certainty. Market participants typically benefit from considering multiple perspectives while developing their own risk management strategies. Risk Management Considerations for Traders Professional traders emphasize risk management above directional predictions. Brandt’s analysis provides specific levels that enable traders to define their risk parameters clearly. The $93,000 resistance level offers a potential breakout confirmation point, while the $42,000 to $60,000 range identifies possible accumulation zones. These levels help traders establish: Stop-loss placements to limit downside risk Position sizing strategies based on volatility expectations Entry and exit planning around identified technical levels Portfolio allocation adjustments according to market phase probabilities Seasoned market participants recognize that predictions represent probabilities rather than certainties. They maintain flexibility to adjust their views as new information emerges. This adaptive approach proves particularly valuable in cryptocurrency markets where volatility remains elevated compared to traditional asset classes. Discipline and risk management often separate successful traders from those who experience significant losses during market transitions. Conclusion Peter Brandt’s Bitcoin price prediction provides market participants with clear technical parameters for navigating 2025’s cryptocurrency landscape. The $93,000 threshold represents the critical level Bitcoin must surpass to invalidate the current bearish structure, while October emerges as the likely timeframe for cycle bottom formation between $42,000 and the low $60,000s. This analysis combines decades of trading experience with classical technical methodology, offering specific, actionable insights rather than vague speculation. As always in financial markets, prudent risk management and consideration of multiple perspectives remain essential for navigating the inherent uncertainties of cryptocurrency price movements. FAQs Q1: What exactly does Peter Brandt predict for Bitcoin’s price? Peter Brandt predicts Bitcoin must surpass $93,000 to invalidate its current bearish trend structure. He believes the cycle bottom will likely form in October 2025, with prices expected between $42,000 and the low $60,000s before any sustained upward movement. Q2: Why is the $93,000 level so important according to Brandt’s analysis? The $93,000 level represents Bitcoin’s January 2025 high. When the price fell below this level, it created a bearish technical structure. Reclaiming this level would invalidate that structure and potentially signal a trend reversal according to classical technical analysis principles. Q3: How reliable have Peter Brandt’s previous cryptocurrency predictions been? Peter Brandt has accurately identified several major market movements throughout his decades-long career, though like all analysts, he has experienced both successes and misses. His conservative, technically-driven approach has generally proven more reliable for identifying key levels than for precise timing predictions. Q4: What time horizon does this Bitcoin price prediction cover? Brandt’s analysis focuses primarily on the 2025 market cycle. The $93,000 threshold represents an immediate technical barrier, while the October bottom prediction and subsequent price range projection address the remainder of the current market cycle. Q5: How should traders use this information in their decision-making? Traders should consider Brandt’s analysis as one input among many in their decision-making process. The identified levels ($93,000 resistance and $42,000-$60,000 support range) can help inform risk management strategies, position sizing, and entry/exit planning, but should not replace comprehensive research and personal risk assessment. This post Bitcoin Price Prediction: Veteran Trader Reveals Critical $93K Threshold to Shatter Bearish Trend first appeared on BitcoinWorld .
CME Group Inc. is moving closer to crypto’s always-on trading model, saying it will allow futures and options on digital assets to trade 24 hours a day later this year.
BitcoinWorld OpenAI JioHotstar AI Search Revolution: How This Groundbreaking Partnership Transforms Indian Streaming In a landmark announcement at the India AI Impact Summit in New Delhi on October 15, 2025, OpenAI and Reliance Industries revealed a transformative partnership that will embed advanced artificial intelligence directly into India’s premier streaming platform, JioHotstar. This strategic collaboration introduces AI-powered conversational search capabilities, fundamentally altering how over 100 million weekly ChatGPT users in India discover entertainment content. The integration represents a significant milestone in OpenAI’s expanding “OpenAI for India” initiative, positioning conversational AI as the next frontier in content discovery. OpenAI JioHotstar AI Search: A Technical Breakthrough The newly announced feature leverages OpenAI’s sophisticated API infrastructure to enable natural language search across JioHotstar’s extensive catalog. Users can now employ both text and voice prompts in multiple Indian languages to find movies, shows, and live sports content. The system analyzes individual preferences and viewing history to deliver personalized recommendations, creating a tailored discovery experience for each subscriber. This implementation marks one of the largest-scale deployments of conversational AI in the streaming industry globally. Furthermore, the partnership establishes a bidirectional integration framework. While users access AI search within JioHotstar, the collaboration also surfaces JioHotstar recommendations directly within ChatGPT interfaces. This dual approach transforms the integration from a simple in-app feature into a comprehensive discovery layer that bridges multiple platforms. The technical architecture supports real-time processing of natural language queries while maintaining the low-latency performance essential for live sports streaming and instant content access. The Strategic Context of Streaming AI Integration This partnership emerges during a pivotal period of experimentation with conversational interfaces across the streaming industry. Notably, Netflix announced in May 2025 that it was testing ChatGPT-powered search experiences to help viewers find content through natural language interactions. Similarly, Google introduced Gemini-powered discovery features for its Google TV platform in November 2024. These parallel developments indicate a broader industry shift toward AI-enhanced content discovery mechanisms. The Indian streaming market presents unique challenges and opportunities that make this partnership particularly significant. With diverse linguistic preferences, regional content variations, and rapidly growing digital adoption, India requires sophisticated localization capabilities that traditional search interfaces cannot adequately address. OpenAI’s multilingual models, combined with JioHotstar’s extensive regional content library, create a powerful solution for this complex market landscape. The integration specifically addresses the need for vernacular language support in digital entertainment discovery. Expert Perspectives on the Partnership’s Impact Fidji Simo, Chief Executive of Applications at OpenAI, emphasized the partnership’s consumer-centric vision during the summit announcement. “Our collaboration aims to bring more personalized AI experiences into entertainment and live sports,” Simo stated. “This enables viewers to move from curiosity to context through natural interactions.” This statement underscores the fundamental shift from keyword-based search to conversational discovery that understands user intent and context. Uday Shankar, Vice Chairperson of JioStar, provided additional strategic context regarding the integration’s broader implications. “Embedding AI into content discovery will help reshape how audiences find and engage with programming,” Shankar explained. The rollout will encompass both live streaming events and on-demand content formats, ensuring comprehensive coverage across JioHotstar’s service offerings. This approach recognizes the distinct discovery patterns associated with different content types, from scheduled live sports to binge-worthy series. OpenAI’s Expanding Footprint in the Indian Market The JioHotstar partnership represents a cornerstone of OpenAI’s deliberate expansion strategy within India. The company plans to establish additional offices in Mumbai and Bengaluru later this year, supplementing its existing New Delhi presence. This physical infrastructure expansion supports broader initiatives under the “OpenAI for India” framework, which encompasses multiple strategic dimensions: Infrastructure Development: Collaborations with the Tata Group on AI-ready data centers Enterprise Solutions: Deployment partnerships with Indian corporations Educational Initiatives: Programs to build AI literacy and development capabilities Technology Partnerships: Agreements with companies including Pine Labs, Eternal, and MakeMyTrip This multifaceted approach demonstrates OpenAI’s commitment to establishing deep roots within India’s technology ecosystem rather than pursuing superficial market entry. The company recognizes India’s strategic importance as both a massive consumer market and a growing hub for AI research and development. With over 100 million weekly ChatGPT users already established, India represents one of OpenAI’s most significant international markets outside North America. Comparative Analysis of Streaming AI Implementations Platform AI Provider Key Features Launch Timeline JioHotstar OpenAI Multilingual voice/text search, bidirectional ChatGPT integration, personalized recommendations Announced October 2025 Netflix OpenAI (ChatGPT) Natural language search, content discovery assistance Testing since May 2025 Google TV Google Gemini AI-powered recommendations, content organization Launched November 2024 The JioHotstar implementation distinguishes itself through several innovative aspects. First, its bidirectional integration model creates a unique discovery ecosystem that extends beyond the streaming platform itself. Second, the emphasis on multilingual support addresses India’s linguistic diversity more comprehensively than global platforms typically achieve. Third, the integration with live sports content represents a novel application of conversational AI to real-time programming discovery. Technical Implementation and User Experience The AI search functionality employs advanced natural language processing models specifically optimized for entertainment-related queries. The system understands contextual references, such as “shows like the one with the detective in Mumbai” or “cricket matches from last season,” translating vague descriptions into precise content matches. Voice recognition components accommodate various Indian accents and speaking styles, ensuring accessibility across diverse user demographics. Privacy considerations receive particular attention in the implementation design. User data remains within secure environments, with preference analysis occurring through anonymized patterns rather than individual profiling. The system employs federated learning approaches where possible, allowing model improvement without centralized data collection. These measures align with India’s evolving data protection regulations while maintaining the personalized experience users expect from AI-enhanced services. The Future of AI in Media Discovery Industry analysts predict that conversational interfaces will become standard across streaming platforms within the next three to five years. The JioHotstar partnership provides an early template for how global AI technologies can adapt to regional market specifics. As AI models continue improving their understanding of cultural context, humor references, and regional preferences, discovery experiences will become increasingly nuanced and personalized. Furthermore, the integration establishes a potential framework for future AI applications within the streaming ecosystem. Possible extensions include AI-generated content summaries, automated highlight creation for sports events, personalized viewing schedules, and intelligent content recommendations based on mood or occasion. The foundational architecture developed through this partnership enables these future innovations while addressing immediate discovery challenges. Conclusion The OpenAI and Reliance partnership represents a transformative moment for India’s streaming landscape and AI adoption. By integrating sophisticated conversational search capabilities into JioHotstar, the collaboration addresses fundamental discovery challenges while establishing new standards for personalized entertainment experiences. This OpenAI JioHotstar AI search implementation demonstrates how global AI advancements can successfully adapt to regional market needs, particularly in linguistically diverse environments. As streaming platforms worldwide embrace conversational interfaces, this partnership provides a compelling model for balancing technological innovation with cultural relevance and user-centric design. FAQs Q1: What exactly does the OpenAI and JioHotstar partnership involve? The partnership integrates OpenAI’s conversational AI technology into JioHotstar, enabling users to search for content using natural language text and voice commands in multiple Indian languages, with personalized recommendations based on viewing history. Q2: How does this AI search differ from traditional search functions? Traditional search requires specific keywords, while this AI-powered system understands natural language queries, contextual references, and conversational prompts, making discovery more intuitive and human-like. Q3: Will the AI search feature work for live sports content? Yes, the integration specifically includes live sports discovery, allowing users to find ongoing matches, upcoming games, and historical sporting events through conversational queries. Q4: How does this partnership fit into OpenAI’s broader strategy for India? This collaboration is part of OpenAI’s “OpenAI for India” initiative, which includes infrastructure development with Tata Group, enterprise partnerships, educational programs, and physical office expansions in Mumbai and Bengaluru. Q5: Are there privacy concerns with AI analyzing viewing history? The implementation employs privacy-preserving techniques including anonymized pattern analysis and federated learning approaches, designed to align with India’s data protection regulations while delivering personalized experiences. This post OpenAI JioHotstar AI Search Revolution: How This Groundbreaking Partnership Transforms Indian Streaming first appeared on BitcoinWorld .
Bitcoin faces mounting volatility as traders await policy and economic updates tomorrow. Capo forecasts a possible rally, with XMR, XLM, and BCH poised to lead altcoin gains. Continue Reading: Capo Sees Recovery Ahead as Bitcoin Tests Support Levels The post Capo Sees Recovery Ahead as Bitcoin Tests Support Levels appeared first on COINTURK NEWS .
An indicator has deemed the current Bitcoin price level a generational buying zone, as it coincides with zones where an impulsive uptrend started. Recent Bitcoin price action has been marked by volatility, as the broader crypto sector stutters from whale sell-offs and macro uncertainties. Visit Website
BitcoinWorld Neel Kashkari’s Devastating Critique: Minneapolis Fed President Calls Cryptocurrency Completely Useless MINNEAPOLIS, April 2025 – In a statement that has reignited a fundamental debate about the future of money, Minneapolis Federal Reserve President Neel Kashkari has delivered a stark assessment of the digital asset sector. According to a report by Walter Bloomberg, the prominent central banker declared cryptocurrency to be completely useless . This critique from a sitting Fed official immediately sent ripples through financial markets and policy circles, forcing a renewed examination of crypto’s practical role within the modern economic framework. Neel Kashkari’s Cryptocurrency Critique in Context Neel Kashkari’s skepticism is not a new development. Consequently, his latest comments represent a crystallization of long-held views. As President of the Minneapolis Fed since 2016, Kashkari has consistently questioned the foundational value proposition of cryptocurrencies like Bitcoin and Ethereum. He often contrasts them with the established functions of traditional fiat currency, which include being a stable unit of account, a reliable medium of exchange, and a store of value backed by sovereign authority. Kashkari’s perspective is particularly influential because he operates within the U.S. Federal Reserve System, the institution responsible for managing the world’s primary reserve currency. Furthermore, his critique arrives at a pivotal regulatory moment. Various U.S. agencies, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), are actively shaping the legal landscape for digital assets. Kashkari’s voice adds significant weight to the cautious, scrutiny-focused side of this ongoing policy discussion. His position suggests that from a central banking viewpoint, cryptocurrencies currently fail to solve core monetary or payment system problems efficiently. The Federal Reserve’s Evolving Stance on Digital Assets Kashkari’s view, while pointed, exists on a spectrum within the Fed itself. Other officials have expressed more nuanced or even cautiously optimistic positions. For instance, the Federal Reserve Board has been researching a Central Bank Digital Currency (CBDC), a digital form of the U.S. dollar. This project implicitly acknowledges the technological shift towards digital finance while seeking to maintain central bank control. The table below illustrates the contrasting perspectives within the U.S. financial regulatory landscape. Official/Institution General Stance on Crypto/Digital Assets Key Rationale Neel Kashkari (Minneapolis Fed) Highly Skeptical Sees no fundamental utility; emphasizes volatility and lack of backing. Jerome Powell (Fed Chair) Cautiously Observant Acknowledges innovation but highlights need for robust regulation, especially for stablecoins. SEC (Under Gary Gensler) Enforcement-Focused Views most crypto tokens as unregistered securities requiring investor protection. Pro-Crypto Advocacy Groups Promotion & Adoption Argue for decentralization, financial inclusion, and resistance to censorship. This diversity of opinion highlights a central tension. The financial system is grappling with how to categorize and govern an entirely new asset class. Kashkari’s “useless” label represents one extreme of this debate, challenging proponents to demonstrate tangible, systemic utility beyond speculative trading. Analyzing the “Useless” Argument: Volatility and Real-World Use Economists often dissect Kashkari’s critique by examining core monetary principles. A primary argument against crypto’s utility as “money” is its extreme price volatility. For example, a currency that can lose or gain 10% of its value in a single day creates immense risk for both buyers and sellers. This instability undermines its function as a: Unit of Account: Businesses cannot reliably price goods in a wildly fluctuating currency. Medium of Exchange: Transaction counterparties face significant settlement risk. Store of Value: Savers cannot trust the asset to preserve purchasing power over time. Additionally, critics point to the energy intensity of proof-of-work networks and the prevalence of fraud and market manipulation in largely unregulated exchanges. These real-world problems, they argue, substantiate the view that the technology, in its current form, creates more problems than it solves for the average consumer. However, blockchain advocates counter that these are growing pains of a nascent technology, not inherent flaws. Market Reaction and Industry Response The immediate market reaction to Kashkari’s comments was notably muted, suggesting a maturation in how such news is processed. Five years ago, a similar statement from a Fed official might have triggered a sharp sell-off. Today, the market appears to factor regulatory skepticism into its pricing models. Nevertheless, industry representatives were quick to respond. They typically frame Kashkari’s position as outdated or rooted in a desire to protect the existing financial system from disruption. Industry advocates highlight several areas where they believe cryptocurrency and blockchain technology provide clear utility: Cross-Border Payments: Potentially faster and cheaper remittances. Programmable Money: Smart contracts enabling automated, trustless agreements. Digital Ownership: Tokenization of real-world assets like real estate or art. Censorship Resistance: Providing financial access in unstable geopolitical regions. This ongoing dialogue between regulators and innovators is crucial. It shapes the development of laws that aim to mitigate risks without stifling potential technological benefits. Kashkari’s blunt assessment serves as a high-profile pressure test for the industry’s value narratives. Historical Parallels and the Path Forward Historically, new technologies and asset classes often face skepticism from established institutions. The internet, for instance, was once dismissed as a fad with limited commercial application. The key difference with cryptocurrency is its direct challenge to state-controlled monetary sovereignty. Therefore, regulatory pushback is both expected and intense. The path forward likely involves continued experimentation, inevitable market consolidation, and gradual regulatory clarity. Ultimately, the debate Kashkari has amplified is less about the technology’s existence and more about its appropriate scope. Will cryptocurrencies remain a niche, speculative asset class and a tool for specific technological applications? Alternatively, could they evolve into a widely accepted parallel financial system? The answers will depend on solving practical issues around scalability, user experience, security, and, most critically, demonstrating reproducible utility for mainstream users. Conclusion Minneapolis Fed President Neel Kashkari’s declaration that cryptocurrency is completely useless provides a stark, official counterpoint to the exuberance often surrounding digital assets. His critique forces a necessary and rigorous examination of what true economic utility means. While the market may have absorbed this specific comment, the underlying debate it represents remains unresolved. The future of cryptocurrency will be determined not by rhetorical battles, but by its ability to transition from speculative instrument to a technology that reliably solves real-world financial problems for a broad population. Until then, assessments like Kashkari’s will continue to frame a critical policy discussion. FAQs Q1: What exactly did Neel Kashkari say about cryptocurrency? According to a report by Walter Bloomberg, Minneapolis Federal Reserve President Neel Kashkari stated that he believes cryptocurrency is “completely useless,” reiterating his long-standing skepticism about its fundamental value and utility in the financial system. Q2: Why is Neel Kashkari’s opinion on crypto important? As a sitting president of a regional Federal Reserve Bank, Kashkari’s views carry significant weight in monetary policy and regulatory discussions. His skepticism influences the broader debate within the U.S. government about how to regulate and integrate digital assets. Q3: Do all Federal Reserve officials agree with Kashkari’s view? No, views within the Fed vary. Chair Jerome Powell has expressed a more cautious, observant stance, acknowledging innovation while emphasizing the need for strong regulation, particularly for stablecoins that are pegged to traditional currencies. Q4: How did the cryptocurrency market react to Kashkari’s comments? The immediate market reaction in April 2025 was relatively muted, suggesting that investor sentiment already incorporates expectations of regulatory skepticism, marking a potential maturation in how the sector processes such news. Q5: What are the main arguments against cryptocurrency’s utility? Primary critiques include extreme price volatility, which undermines its use as stable money; high energy consumption for some networks; its use in illicit finance; and a lack of widespread adoption for everyday transactions compared to traditional payment systems. This post Neel Kashkari’s Devastating Critique: Minneapolis Fed President Calls Cryptocurrency Completely Useless first appeared on BitcoinWorld .
FXRP, the wrapped XRP asset on the Flare Network, has surpassed a major adoption milestone, reaching 100 million tokens in circulation. Notably, this achievement comes just five months after FAssets launch in September 2025. Visit Website