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Cool interest rate cut today? BTC, SOL, ADA, XRP, DOGE Slide Ahead of FOMC Meeting

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Bitcoin hovered near $113,000 in Asian afternoon hours on Wednesday as traders positioned themselves cautiously ahead of this week’s Federal Reserve policy decision, with dwindling liquidity and a stronger dollar weighing on sentiment across risk markets. The world’s largest cryptocurrency is up 4.5% over the past week, but fell 0.7% in the past 24 hours, […]

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Ripple trades higher during large flows, but the technical setup signals caution

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XRP advanced modestly as trading activity picked up, although momentum indicators warn of near-term consolidation risk. News background XRP rose 0.60% to $2,623, while trading volume rose about 47% above its seven-day moving average, indicating heightened institutional interest amid a lack of strong breakout catalysts. The token still faces resistance from a rejection near $2.68,

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ETH Holds Above $4K, Arkham Says ‘BitMine Is Buying It’

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Ether ETH$4,027.90 hovered around $4,023 after repeated defenses of the $4,000 level when Arkham said on October 28 that BitMine pulled about $113 million of ETH from Bitgo and “bought the dip.” In a press release issued on October 27, Bitmine Immersion Technologies (BMNR) said its crypto, cash and “moonshots” totaled $14.2 billion, including 3,313,069

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XRP and SOL Futures open interest on CME hits record high

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The CME-listed futures linked to XRP$2.6279 and Solana SUN$195.37 Monday saw record interest in a sign of steady demand for regulated products. The global derivatives giant saw a record 9,900 active XRP and micro-XRP contracts on Monday, along with 15,600 open positions in standard and micro-SOL futures. Together, these contracts corresponded to a theoretical open

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Standard Pre-FOMC Pullback and $120K Break Puts $143K in Play, Analysts Say

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Bitcoin hovered near $113,000 as traders waited for the Federal Open Market Committee (FOMC) – the Federal Reserve’s rate-setting group – to wrap up its meeting today with Chairman Jerome Powell’s press conference at 6 p.m. 2:30 p.m. ET. Analyst comments Ali Martinez says bitcoin needs to climb above $120,000 to open a path towards

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Solana (SOL) ETFs Could Draw Over $3B If BTC, ETH ETF Trends Repeat

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The first US spot exchange-traded funds (ETFs) for Solana SUN$195.10Hedera (HBAR) and LTC$96.98 began trading on Tuesday, opening a new door for investors seeking regulated exposure to crypto assets beyond bitcoin and ether. If early momentum holds, Solana’s ETF alone could pull in more than $3 billion in the first 12 to 18 months, according

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sUSDe Loop trades to a value of DKK 1 billion. USD at risk

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After the October 10 market crash that saw massive losses in bitcoin BTC$112,756.46 and other cryptocurrencies, nearly $1 billion in DeFi positions involving Athena’s staked USDe (sUSDe) are now at risk, according to a new report from Sentora Research. Since the crash, Sentora notes that rates in the DeFi markets have fallen significantly, which has

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BTC Holds Ground As Traders Sit On Stablecoins Ahead Of Fed Decision

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Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin was trading around $112,100 in early Asian hours, down

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ICP hovers around $3.20 resistance with 115% volume increase

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Internet Computer Protocol (ICP) rallied on Tuesday, jumping 1.6% to $3.22 as the token broke through the $3.20 resistance zone. Trading volume rose to 1.26 million tokens, representing a 115% increase over the 24-hour average, according to CoinDesk Research’s technical analysis data model. The rally started around 03:00 UTC, with the ICP posting three consecutive

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