You might already know the feeling of hearing some big-name economist, analyst, or investor drop a take on Bitcoin… and it sounds like they learned what crypto is five minutes ago.

We’ve talked about it before – like that Financial Times market columnist who didn’t understand the difference between Bitcoin’s scarcity and the scarcity of teeth.

And today’s guest star is Kenneth Rogoff, Harvard professor and former IMF chief economist (you know, a guy with the kind of résumé that usually gains people’s trust).

Well… back in 2018, he said Bitcoin was more likely to crash to $100 than ever reach $100K.

Yeah. Aged like milk

And he recently explained what he thinks he got wrong – which we’d like to comment on

“I was far too optimistic about the US coming to its senses about sensible cryptocurrency regulation; why would policymakers want to facilitate tax evasion and illegal activities?”

Translation: when he made his prediction about Bitcoin crashing to $100, he assumed US lawmakers would bring in strict rules early – for example, close tax loopholes, track transactions, restrict criminal use cases.

In his mind, that would’ve made Bitcoin’s demand collapse, because he sees it as mainly used for illegal activity.

Now, sure, he’s half-right here – US regulation has been slow and messy. But he’s wrong to think the only result was criminals using Bitcoin.

In reality, that regulatory gap allowed other forms of demand to take root: cross-border payments in countries with unstable currencies, people using Bitcoin as a hedge against inflation, and eventually, institutional adoption.

Even without perfect rules, Bitcoin proved it could attract legitimate, global demand – not just black-market transactions.

“Second, I did not appreciate how Bitcoin would compete with fiat currencies to serve as the transactions medium of choice in the twenty-trillion dollar global underground economy. This demand puts a floor on its price.”

Here he doubles down on the “underground economy” argument – drugs, ransomware, sanctions evasion, and black-market finance.

Sure, Bitcoin plays a role there. But saying that’s the main reason it has value is a bit delulu.

Today, the biggest drivers are institutions (like BlackRock, Fidelity, Strategy) and Bitcoin’s narrative as digital gold.

So, the black market isn’t irrelevant – but it’s not the core of why Bitcoin trades above $100.

“Third, I did not anticipate a situation where regulators, and especially the regulator in chief, would be able to brazenly hold hundreds of millions (if not billions) of dollars in cryptocurrencies seemingly without consequence given the blatant conflict of interest.”

This is his last point – basically saying it’s a problem that regulators themselves can hold crypto without consequences.

Which definitely could be ethically questionable, but once again – this doesn’t really explain Bitcoin’s price.

Markets don’t move because some policymakers own BTC – they move because trillions are flowing through ETFs, corporate treasuries, and retail traders.

And that’s the thing about economists like Rogoff: they’re great at analyzing assets that fit traditional models – stocks, bonds, currencies backed by central banks – but Bitcoin doesn’t fit that mold.

It doesn’t have cash flows or a central authority. Its price comes from adoption, tech cycles, and network effects. That mix is hard to measure with standard tools.

Which is why even top experts can call for $100 while Bitcoin is climbing toward $100K.

After the brief surge that followed the Ripple lawsuit’s conclusion, traders say momentum quickly faded. Bitcoin slid to around $114,000, and with it, XRP touched $2.94.

That dip dragged the token under $3 once again, sparking fresh arguments between those who see a buying chance and those who remain skeptical.

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Analyst Frames Dip As Opportunity

According to comments from Coach JV, a well-known XRP advocate, the return to sub-$3 levels should be seen as a chance to buy.

He called XRP under $3 “a massive blessing.” He told followers that most people panic when prices fall, while patient investors buy slowly over time. He used a farming image to make the point:

People tend to buy at harvest, he said, but the smart money buys when the field looks empty. This message sits alongside data showing XRP has been more bearish since the post-lawsuit spike.

XRP under $3 is a massive blessing. Most people panic when prices are low, but this is where wealth is built. You already know the game, accumulation in sideways markets is what sets up generational wealth when the cycle turns.

Think of it like farmland. Everyone wants to buy…

— Coach, JV (@Coachjv_) August 18, 2025

A Split Within The Community

Not everyone agrees with that view. One commentator argued that XRP at $500 — not $3 — would be the real blessing. Coach JV pushed back, saying that if an extreme rally ever arrives, the payoff will go to those who held through the down days and kept adding to their positions.

He has also used the phrase “unimaginable wealth” to describe what long-term holders might see. Reports note that most XRP holders own fewer than 500 tokens, which helps explain why many retail investors focus on the idea of transformative returns.

Technical Indicators Paint A Cautionary Picture

According to current XRP price predictions, the token is expected to dip by 0.75% to about $2.87 by September 19, 2025. Based on technical readings, market sentiment is listed as Neutral and the Fear & Greed Index registers 44 (Fear).

Over the last 30 days XRP recorded 12/30 green days — that’s 40% — with price volatility at 4.80%. Those numbers suggest movement, but not runaway momentum, and they help explain the mixed tone among traders.

Related Reading

XRP’s $3 Line: Buying Opportunity Or Warning Sign?

Meanwhile, short-term traders will watch price action around $3 for signs of follow-through, while longer-term backers point to accumulation as a strategy.

According to the voices quoted in the market, patience and steady buying are the path some choose. Other market participants say tempering expectations with clear math is wise.

Either way, the debate over whether a dip is a blessing or a warning is likely to continue as XRP finds its footing after recent volatility.

Featured image from Meta, chart from TradingView

A growing majority of Gen Z crypto traders are turning to artificial intelligence (AI) to guide their strategies and it’s making them less prone to panic selling.

According to a July 24 report from MEXC Research, which analyzed over 780,000 Gen Z trading accounts in the second quarter, found that 67% of users aged 18 to 27 had deployed at least one AI-powered bot or strategy in the past 90 days.

Traders using AI-driven tools recorded 47% fewer panic-sell incidents during periods of market stress compared to those trading manually.

A tactical ‘on–off’ relationship

Gen Z’s engagement with AI isn’t passive. The cohort averaged 11.4 days per month using AI tools, which is more than double users over 30. Furthermore, they accounted for 60% of all AI bot activations on the exchange. 

Yet, they don’t leave bots running indefinitely, as 73% switched them on during volatility or news spikes and turned them off during low-volume, sideways markets. Overall, 58% of Gen Z AI interactions occurred during periods of elevated readings on MEXC’s internal volatility index.

This behavior points to fluid control rather than full delegation. Gen Z configures conditions and lets automation execute when emotions are most likely to interfere. They also check AI-generated signals 2.4 times more often than traditional indicators, suggesting they view machine output as the primary decision feed in fast markets.=

Generational differences

MEXC’s data indicates that AI is serving as both a risk-management layer and a convenience feature. Gen Z traders using bots were 1.9x less likely to trade reactively in the first three minutes of major events, a window that MEXC flags as prone to costly errors.

They were also 2.4x more likely to employ structured stop-loss and take-profit rules, reinforcing that automation is being used to maintain absolute boundaries, not just identify entries.

Cross-generational comparisons reveal that millennials continue to lean toward thesis-driven, chart- and report-heavy workflows, treating AI as a supplement to pre-set strategies. 

Only 22% of millennials and 7% of Gen X reported turning to AI during high-volatility windows, versus Gen Z’s 73%.

Psychologically, millennials seek a sense of persistent manual control. Gen Z toggles autonomy based on stress, noise, and attention bandwidth, a pattern mirroring those seen in gaming and social platforms.

MEXC projects that by 2028, more than 80% of Gen Z traders will rely on AI for full-cycle portfolio management, from dynamic rebalancing to tax automation. 

That demand aligns with broader forecasts, putting the AI trading platform market at nearly $70 billion by 2034, growing over 20% CAGR from 2025 to 2034.

Mentioned in this article

Fundstrat’s head of research, Tom Lee, says the Federal Reserve may be forced into a rate-cutting phase after overdoing monetary tightening.

In a new interview on CNBC, Lee says he’s watching for a point when the Fed could run into an “accident,” where it waits too long to address a slowing economy.

Lee says he’s anticipating a potential “panic” scenario from the Fed.

“There could be an accident because what we are ignoring is that housing is choking and collapsing under the weight of higher interest rates, and the labor market isn’t as strong as it appears.

When we look at the ability to get a job, it’s much harder. So… there’s long and variable lags, and there could be an accident where the Fed would have to panic, so I think that’s something we have to watch in the incoming data…

I think there could be a point where the Fed suddenly realizes the risks are actually to the downside for the economy weakening, and so the Fed will actually have to respond to an economy that they’re strangulating and really fighting what they believe is a supply shock inflation. So I’m a little concerned that the Fed could be late if they continue to hold.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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JPMorgan Chase CEO Jamie Dimon just issued a major warning on the state of the US economy.

At an event organized by the Ronald Reagan Presidential Foundation, Dimon told regulators that the full effect of all the money printed since 2020 remains to be seen.

“You are going to see a crack in the bond market. It is going to happen. And I tell this to my regulators, some of you who are in this room, I’m telling you it’s going to happen and you’re going to panic.

I’m not gonna panic. We’ll be fine. We’ll probably make more money, and then some of my friends will tell me, ‘We like crises because it’s good for JPMorgan Chase.’ Not really.’”

Dimon says bond vigilantes are back, selling bonds to protest unsustainable fiscal policies and America’s ballooning debt.

In the long run, Dimon says he’s not too worried about China as a potential adversary, and instead believes the US needs to self improve and erase the “enemy within.”

“If we are not the preeminent military and the preeminent economy in 40 years, we will not be the reserve currency. That’s a fact. Just read history…

We we have to get our act together and we have to do it very quickly.”

Dimon says a concerted effort to streamline regulations, immigration, taxation, healthcare and schools is needed.

He also reiterated his dissatisfaction with Bitcoin’s emergence as a strategic reserve asset.

“We shouldn’t be stockpiling Bitcoin. We should be stockpiling guns, bullets, tanks, planes, drones, rare earths. We know what we need to do.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Dogecoin is currently showing signs of selling pressure after shedding much of the bullish momentum it had gathered in late April and early May. Technical analysis of the Dogecoin price shows that the meme cryptocurrency is precariously hovering just above a key support level that puts it one step away from a downtrend. 

Crypto analyst RLinda noted this level, set at $0.214, on the TradingView platform, labeling it a retest of the panic zone. 

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Panic Zone Under Retest Due To Dogecoin Correction

According to RLinda’s analysis, Dogecoin’s distribution phase between May 9 and 11 ended in the $0.2600 range, eventually marking the end of its latest bullish impulse. During this distribution phase, Dogecoin squandered all the potential it had accumulated in late April and early May.

From that point, the price has been falling steadily, entering what the analyst describes as the correction or dump phase. This has caused the meme coin to test the 0.214 level, the current panic zone. A confirmed breakdown below this panic zone, particularly beneath the 0.2135 support line, would not only liquidate long positions but also likely intensify selling pressure, eventually leading to what could become an uncontrolled price decline.

Interestingly, this correction price action has been characterized by lower highs, leading to the formation of a triangle pattern that’s visible on the 2-hour timeframe. RLinda warned that if the triangle’s base is broken, this structural failure could reinforce bearish sentiment. This would open the door to downside targets closer to $0.20 and possibly even $0.19.

Dogecoin Resistance And Support Levels To Watch

The immediate resistance lies at $0.222 and $0.2307, representing key zones Dogecoin must reclaim to negate the current bearish setup. A move above these points, especially if the price consolidates above $0.23, will invalidate the bearish breakdown structure and could renew bullish sentiment. However, RLinda made it clear that such a scenario is only worth considering after a clear confirmation, as current momentum still favors sellers.

Related Reading

On the other hand, support levels of $0.2145 and $0.2135 are currently the final shields holding back further declines. A close below $0.2135 would confirm the continuation of the downtrend and push the Dogecoin price into a lower consolidation zone, with limited immediate support until $0.20126 and $0.19298.

At the time of writing, Dogecoin is trading at $0.22, up 1.72% over the past 24 hours. This slight recovery hints at early signs of strength and may already be undermining the bearish setup. Although this slight recovery is not enough on its own to confirm a bullish reversal, it does show that buyers are attempting to regain some control. If this momentum can be sustained into the new week, it could gradually pave the way for a more sustained move higher for Dogecoin during the week.

Featured image from Mashable, chart from TradingView

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The global tariff war sparked by US President Donald Trump’s blanket 10% tariff on all countries – effective April 5 – continues to escalate, sending shockwaves through global markets. In a sharp retaliation, China has announced an 84% tariff on US imports, following Washington’s move to increase tariffs on Chinese goods to 104%. 

Bitcoin Shows Weakness Amid Rising Global Tariffs

This rising economic tension has injected significant volatility into traditional and digital asset markets, with Bitcoin (BTC) showing signs of weakness amid growing uncertainty.

Over the past seven days, Bitcoin has dropped by 9.1%, falling from approximately $87,100 on April 2 to around $76,000 at the time of writing. The weakness isn’t isolated, as altcoins like Ethereum (ETH), Solana (SOL), and XRP have posted double-digit losses, underperforming even the flagship cryptocurrency.

Meanwhile, the probability of a global recession has spiked to 68%, its highest level since the height of the COVID-19 pandemic. Major equity markets are also under pressure, with the Dow Jones Industrial Average plunging 9.8% over the past five days – one of its sharpest short-term declines in recent memory.

Despite the grim macroeconomic backdrop, prominent crypto analyst CryptoGoos believes there’s no need for panic yet. Sharing a historical BTC price chart, the analyst noted that “every bull market sees major corrections,” and that the current dip is not unusual.

In a separate post on X, CryptoGoos also highlighted that crypto whales – wallets with substantial BTC holdings – are accumulating at an unprecedented rate. While this could signal confidence from institutional players, it may also suggest potential volatility ahead, as large investors can manipulate prices and trigger “bull traps” to shake out retail traders.

​​On the other hand, analyst Master of Crypto presented a more optimistic outlook. Pointing to a bullish divergence forming on the daily BTC chart, the analyst suggested that Bitcoin could target $83,500 in the short term if current support levels hold.

Is BTC Heading To $65,000?

However, not all experts share this enthusiasm. Commentator Titan of Crypto warned that BTC is approaching a critical inflection point. He shared the following weekly chart showing Bitcoin testing two historically strong support levels – the 50-week simple moving average (SMA) near $73,000, and a 2-year rising trendline around $65,000.

Despite conflicting short-term views, a recent Binance Research report emphasized Bitcoin’s underlying strength. The report noted that, despite mounting tariff pressures, BTC’s March 2025 monthly close maintained the asset’s bullish market structure. At the time of writing, BTC is trading at $76,756, down 4.1% over the past 24 hours.

Featured Image from Unsplash.com, charts from X and TradingView.com

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