The US Federal Reserve has remained true to its recent monetary policy by maintaining the key interest rates at the same levels of 4.25% to 4.5%.

Bitcoin’s price slipped by around a grand immediately after the announcement went live, but the impact is expected to be minimal in the following days.

Today’s FOMC meeting didn’t bring any big surprises as the US central bank said it continues to strive for a 2% inflation rates over the longer run, which is somewhat close to the actual numbers for the previous month.

To achieve its goals, which also include reaching maximum employment, the Fed “decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.”

While the financial markets had priced such a development, some hoped that Fed Chair Jerome Powell would succumb to US President Trump’s warnings and reduce the rates. Recall that the POTUS threatened to fire Powell if he refused to lower the rates.

Still, BTC’s price slipped immediately after the Fed’s announcement went live, going from over $96,800 to under $96,000. It has recovered almost half of the losses as of press time, but still trades about a grand lower from its peak earlier today of over $97,600.

There’s no question that we live in a hyper-connected world, and it certainly brings many benefits and makes our everyday lives easier. But it also comes with its own set of problems and risks. Your personal information has become the new oil, and protecting your online privacy has never been more critical.

For that reason, many people have been using Virtual Private Networks (commonly referred to as VPNs) as a go-to solution when they want to mask their online activities.

However, most commercial VPNs rely on centralized infrastructures, which, despite encrypting traffic, leaves considerable room for trust issues and potential single points of failure.

As a counterpoint to this, NymVPN is an innovative solution that aims to take privacy to the next level. It’s a decentralized privacy infrastructure that’s designed to ensure metadata protection at a level very few services can match. It’s built on cryptographic techniques, powered by a global community, and leverages novel tokenomics,  promising a new era of online privacy and anonymity.

But let’s back up a bit and check out some of the basics.

What Makes NymVPN Different?

First things first, at its core, NymVPN provides a decentralized solution. Unlike traditional VPNs that route traffic through central servers, NymVPN mixes together the data packets of different users and shuffles them among a network of volunteer-run nodes. Each packet is encrypted and passed through multiple hops, making it nearly impossible for any observer to trace the origin, destination, or content. This is called a Noise Generating Mixnet.

While VPNs can mask your IP address and encrypt your data, they fail to hide traffic patterns, which can reveal a lot about your behavior (this is known as your metadata). NymVPN’s solution, on the other hand, obscures the content and the metadata, providing a much higher level of anonymity.

This is why it’s a good fit not just for regular users seeking privacy, but also for journalists, for instance, as well as for other individuals who are looking to obfuscate their online presence.

What this also means is that Nym allows you to pay for different services (including a subscription to NymVPN) without your payment information being linkable to your browsing habits. This ensures a greater degree of financial privacy than other privacy solutions. NymVPN’s zero-knowledge payment system is pretty much the first in the industry.

How Does it All Work?

Well, the network is made of three different components. These are:

1. Mix Nodes: Mix nodes on the Nym network are operated by individuals who are rewarded in  NYM tokens for their work. They shuffle and relay data packets through layered encryption.
2. Credentials System: NymVPN introduces anonymous credentials (called zk-nyms), which allow users to prove certain rights or attributes (like a valid NymVPN subscription) without revealing their identity.
3. NYM token: The NYM utility token not only rewards mix node operators and blockchain validators, but also produces a perpetual buyback mechanism or circular economy. All payment methods for NymVPN are converted into NYM tokens to generate anonymous credentials and increase node rewards..

Of course, this is just a condensed explanation of Nym’s complex ecosystem, but you can learn all about it on Nym’s official website. Naturally, the network is powered by the native NYM token. It is designed to incentivize node operators and validators to maintain a secure system. This design guarantees the network’s stability, sustainability, and decentralization, which also removes the reliance on centralized entities (which can be compromised).

Why should you care?

Well, for once, at the very basic of layers, the internet today is riddled with surveillance. From various ISPs tracking your every move to corporations harvesting tremendous amounts of behavioral data, your privacy is under constant threat. While VPNs can help, they require you to trust the provider.

With NymVPN’s decentralized architecture removing the need for trust, this is no longer the case. Since no single entity is in full control of the network and encryption itself is inherent to its infrastructure, users can enjoy a much stronger guarantee of anonymity.

Check out NymVPN Now

TL;DR

• Dogecoin is showing bullish momentum, breaking past key support levels, with analysts eyeing short-term targets as high as $0.28.
• However, there are also some warning signs on the DOGE front, such as declining trading volumes and retail interest.

Further Gains Ahead?

The price of Dogecoin (DOGE) has pumped by almost 5% in the past 24 hours, currently trading at around $0.17 (per CoinGecko’s data). Some popular analysts believe there is much more room for growth based on the potential breakout of key levels. 

On May 6, Ali Martinez – an X user who often explores the meme coin’s performance – claimed that DOGE “is testing key support” around $0.167. He thinks that holding this zone could spark a rebound toward $0.175 and even $0.183. Dogecoin did not struggle with that task, and as mentioned above, rallied beyond $0.17. 

For their part, Efloud described $0.169 as the low time frame (LTF) support level. “I don’t see a big problem if (the) price doesn’t lose this zone. This zone may work as (a) support area on pullbacks.” 

The X user also told their more than 170,000 followers that a further ascent would depend on the potential rise above $0.174.

Trader Tardigrade assumed that DOGE’s chart has recently formed a so-called “Diamond Bottom” reversal pattern, suggesting a possible shift to an uptrend. The industry participant set a short-term target of around $0.28. 

Kamran Ashgar chipped in, too. They think DOGE “is waking up,” and when it does, it may fuel an overall revival of “the whole meme coin army.”

What Are Indicators Suggesting?

Contrary to the bullish predictions outlined by the analysts above, some metrics signal that the meme coin might suffer a setback soon.

Data compiled by the blockchain analysis platform Arkham shows that DOGE exchange inflows have surpassed outflows in the past week. This hints at a shift from self-custody methods toward centralized platforms and could increase the immediate selling pressure.

Additionally, DOGE’s trading volume has been on a significant decline in the past month, while the interest in it has faded lately. The Google searches involving the leading meme coin in the last weeks are far from the peaks observed in November last year and February 2025. Diminished interest in the asset may signal waning investor confidence, especially from retail.

Finally, let’s observe DOGE’s Relative Strength Index (RSI), which measures the speed and magnitude of the latest price changes. The momentum oscillator varies from 0 to 100, and readings below 30 indicate the token could be overbought and headed for a rally. Conversely, anything above 70 is considered bearish territory.

On May 6, the ratio dropped to 30, but it rose in the following hours. It is currently set at around 50, which is a neutral zone.