Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech
Jerome Powell gave a speech justifying the Fed’s decision to push one rate cut today. Even though a cut took place as predicted, most leading cryptoassets began falling after a momentary price boost...
Bitcoin Holds Steady as US Federal Reserve Opts for 25bps Rate Cut
The Federal Reserve announced today a cut in interest rates by 25 basis points, citing unsteady labor market conditions and increased inflation.
For the typical American, these rate cuts mean low...
Could Crypto ETFs Beat US Stock Market’s “September Curse”?
Traditionally, the “September Curse” is an important consideration in US investments, but crypto ETFs may be able to beat it. The SPX is up 2.3% this month, so it would need to fall fast to match ...
CME Group to Launch Options on XRP and Solana Futures
The CME is planning to launch options contracts on XRP and Solana futures. New capabilities for SOL, Micro SOL, XRP, and Micro XRP futures should go live in less than a month.
This development...