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.
Market
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
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
Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
Some investors have bought the “No side shares” of the prediction contract to hedge against potential delays in the SEC’s approval of spot ETFs.
Financial
Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
Veri tracked by Matrixport show küresel average perpetual funding rates rose to a record 66% annualized early Monday.
Financial
Crypto for Advisors: The 2024 Year Ahead
Advisors now have a better – but still nascent – array of investment options to help avoid the pitfalls of early-adopter risk and exploit a generational opportunity in 2024.
Financial
Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest Three-Month Loss
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.
Financial
First Mover Americas: BlackRock, SEC Discuss ETF Listing Rules
The latest price moves in crypto markets in context for Dec. 20, 2023.
Financial
Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.
Financial
Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain
Circle aims to boost around-the-clock foreign exchange transactions and remittances by deploying EURC on Solana.