Coinpedia Digest: This Week’s Crypto News Highlights | 12 July, 2025
The post Coinpedia Digest: This Week’s Crypto News Highlights | 12 July, 2025 appeared first on Coinpedia Fintech News
It’s been a packed week in crypto.
Ripple grabbed headlines again, Ethereum got a corporate boost, and the Fed may be facing a shake-up of its own.
It’s a mix of regulation, big money, and even bigger signals about where the market could be headed.
Here are the top stories you need to know.
#1 Fed Chair Jerome Powell May ResignJerome Powell may be preparing to step down as Chair of the Federal Reserve.
Fannie Mae Chairman William Pulte said he’s “encouraged by reports” of Powell’s possible resignation, adding it would help the economy “boom.” The pressure has been building. President Trump has sharply criticised Powell’s refusal to cut rates, calling it a costly mistake, and saying he is “terrible”.
Powell also faces accusations of misleading Congress over a $2.5 billion Fed renovation. Lawmakers are now calling for a formal investigation. A decision could impact both markets and crypto flows.
#2 Justin Sun Commits $100M to Trump MemecoinJustin Sun plans to buy $100 million worth of Donald Trump’s memecoin, just days before a $474 million token unlock. The Tron founder made the announcement on X, calling it a step to “grow the crypto landscape with communities such as GetTrumpMemes.”
The move comes as the token prepares to launch on the Tron blockchain. Sun’s history with Trump-linked projects runs deep – including over $90 million spent across earlier ventures. It’s still unclear whether the funds will come from him directly or through the Tron DAO.
We are committed to buying $100M of $TRUMP! Together, $TRUMP and #TRON are the future of Crypto.
This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as @GetTrumpMemes.$TRUMP on #TRON is the currency of #MAGA!…
