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Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
Dogecoin price hits a two-month high amid speculations that Twitter’s rebrand to X would add a DOGE payment option.
Bitcoin is down to one-month lows, and BTC price predictions are tending to assume worse is to come — how much lower can bears manage?
PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.
The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. ThePersonal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.
- 08:30iZUMi Finance and Nasdaq-listed company CIMG jointly launch $20 million on-chain fund Upstarts FundChainCatcher news, multi-chain DeFi protocol iZUMi Finance announced the joint establishment of the Upstarts Fund with Nasdaq-listed company CIMG Inc., with a scale of 20 million USD. This fund aims to help traditional enterprises deploy capital into the digital asset sector through a compliant and transparent framework. The Upstarts Fund consists of three core segments: DeFi Liquidity Vault: Provides on-chain yields for listed company treasuries, deepens ecosystem liquidity, and accelerates DeFi application adoption; Premium Token Investment: Assists listed companies in institutional-level investment and allocation of high-quality digital assets; Tokenized Stock Trading Services: Promotes on-chain circulation of US stocks and tokenized stocks, further expanding the integration of traditional and digital assets. CIMG and iZUMi have already completed the first yield-generating Bitcoin DAT (Decentralized Asset Tokenization) product through this fund.
- 08:13After the Fed's rate cut, the US dollar rebounds and the euro retreats from a four-year highChainCatcher news, according to Golden Ten Data, the euro against the US dollar (EUR/USD) retreated from the four-year high reached on Wednesday. After the Federal Reserve decided to cut interest rates by 25 basis points, the US dollar initially weakened following the announcement, but then quickly reversed and strengthened. ING analyst Francesco Pesole pointed out that the rebound was amplified by the "sell the news" effect and position adjustments. Nevertheless, he believes that the Federal Reserve still hinted at multiple rate cuts, so the euro may regain its upward momentum, and ING continues to maintain its target for EUR/USD to rise to 1.2 in the fourth quarter.
- 08:06Analyst: The Federal Reserve appears slightly hawkish, gold may pull back to $3,600 in the short termJinse Finance reported that Marex analyst Edward Meir stated, "The Federal Reserve's overall stance on interest rates is slightly hawkish, and they are not truly enthusiastic about supporting rate cuts. Therefore, we have seen the US dollar strengthen after the Fed meeting, and US Treasury yields have also risen... I think in the short term, gold prices may be a bit overbought and could further retreat to the $3,600 mark."