By Omkar Godbole (All times ET unless otherwise noted) The crypto market rallied on Monday on expectations of an interest rate cut by the Federal Reserve, which is increasing risk appetite across the board. Bitcoin BTC$91,826.96 rose to nearly $92,000, up 3% over the past 24 hours, while the CoinDesk 20 and CoinDesk 80 indexes […]
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The crypto market showed signs of optimism during the Asia session on Monday with bitcoin BTC$91,913.87 rising above $92,000 after spending the weekend trapped in a narrow range below $90,000. The largest cryptocurrency has now reversed Friday’s selloff and is within striking distance of last week’s high of $94,200. U.S. stock index futures also gave
Bitcoin (BTC) Price Recovers $92K as Altcoins Lag Read More »
Long-term holder (LTH) supply hit a cyclical low on November 21, the same day bitcoin BTC$92,165.44 tied around $80,000. With the bitcoin price now back at $90,000, about 15% higher from the low, the data suggests that most of the spot-driven selling pressure has already washed through the market after the 36% peak to trough
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The Federal Reserve meets this week to set US interest rates. The Federal Open Markets Committee (FOMC) is likely to cut the target rate by 25 basis points to 3.50% to 3.75% when it publishes its decision on December 10, according to CME’s Fedwatch tool. Lower rates often tend to encourage investing in riskier, more
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A $1 million haul of cash and gold linked to QuadrigaCX’s co-founder has been forfeited to the British Columbia government, signaling the strongest test yet of the province’s inexplicable wealth order framework. The British Columbia Supreme Court granted the forfeiture after Michael Patryn pleaded no contest, clearing the way for the province to liquidate 45
The protocol still consists of casts, followers, reactions, identities, and wallets, and third-party clients are free to emphasize whatever components they want.
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Bitcoin price today: rises to $91.5k as Fed bets remain firm
Bitcoin price today: rises to $91.5k as Fed bets remain firm Read More »
Binance has secured permission from Abu Dhabi Global Markets (ADGM), Abu Dhabi’s special economic zone for finance, to operate under a comprehensive exchange, clearing and brokerage framework, according to a Binance press release. The approval splits Binance’s business into three regulated components that mirror a traditional market stack in a traditional financial exchange. Binance’s ADGM
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Bitcoin traded just above $91,300 on Monday as Asian stocks opened the week slightly higher ahead of a slew of central bank decisions, including a Federal Reserve meeting where markets have largely priced in a 25 basis point rate cut. MSCI’s Asia stock benchmark rose about 0.2%, led by technology, while U.S. futures and the
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Coinbase has resumed onboarding users in India after more than two years, marking its first step back into a market it abruptly exited in 2023 following regulatory friction over payment rails. The exchange is again allowing new registrations and crypto-to-crypto trading with plans to reintroduce a fiat on-ramp next year, APAC director John O’Loghlen said
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