Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There is a Catch
Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets.
Financial
‘Deniers Are Crypto’s Flat Earthers’ as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
Financial
What Caused Bitcoin’s 10% Crash: Matrixport, Jim Cramer, Leverage?
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport’s report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.
Financial
The Protocol: Is Solana’s Rebound The Real Thing?
Solana has been one of the biggest gainers of the latest crypto cycle, with a handful of airdrops and göğüs tokens accelerating big boosts in the price of SOL. Also, Ethereum co-founder Vitalik Buterin has released an updated roadmap for the ecosystem.
Financial
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
Goldman Sachs is in talks to play the key role of being an “authorized participant” for BlackRock and Grayscale’s bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
Financial
Stablecoins Can Help Fix the Current Lending Market
The Küresel Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.
Financial
Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.
Financial
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
The stablecoin immediately snapped back to its $1 peg on Binance.
Financial
ENS Token Jumps 50% as Vitalik Buterin Hails It as ‘Super Important’
The token touched the highest level since April and volume increased more than 600%.
Financial
First Mover Americas: Bitcoin’s Strong Start to January May Falter
The latest price moves in crypto markets in context for Jan. 3, 2024.