Search
First Mover Americas: Bitcoin Pulls Back Before Probable Fed Rate Cut
16.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Markets see 0.5% Fed rate cut — 5 Things to know in Bitcoin this week
16.9.2024
Bitcoin stares down Fed rate cut week at key resistance with plenty of BTC price volatility expected in the coming days
Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations
16.9.2024
"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex
Bitcoin, Ether Plunge 5% Ahead of Widely-Anticipated Fed Rate Cuts
16.9.2024
PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain
ETH falls 6% amid Trump assassination attempt, looming rate cuts, ‘FUD’ wave
16.9.2024
Ether’s price in Bitcoin terms has also fallen to its lowest level since April 2021
16-21 Sept Events: Fed, Bank of England, Bank of Japan’s Interest Rates
16.9.2024
This week from 16- 21 Sept will see important events unfold with interest rate decisions of the Federal…
Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC
15.9.2024
The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points reduction could be in play. FOMC Meeting Could See Bigger...
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
13.9.2024
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle
Crypto September Outlook: $600M BTC Outflows, Upcoming Fed Rate Cut, And New Market Opportunities
13.9.2024
As September 2024 unfolds, the crypto landscape is witnessing significant shifts that could shape the market’s trajectory. With…
Ethereum trader sentiment needs small bump for ETH to see ‘parabolic rise’
13.9.2024
A crypto analyst is eyeing Ether’s funding rate rising above 0.015 to see if “the calm before the storm breaks.”
Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability
12.9.2024
With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch...
Does Bitcoin’s negative funding rate signal that bears are in total control?
11.9.2024
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience
Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
11.9.2024
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin...
Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline
10.9.2024
The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand for US dollars for travel and business. The central...
Crypto products post $726M outflows amid rate cut uncertainty
9.9.2024
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10
Crypto products post $726M outflows amid rate cut uncertainty
9.9.2024
CoinShares expects that a 50-basis-point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10
A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns
9.9.2024
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
6.9.2024
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown....
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
6.9.2024
Total crypto market sinks below $2T as analysts eye Bitcoin reversal below $54K
4.9.2024
Analysts are eying a potential correction below $54,000 to $50,000, despite growing expectations of an interest rate cut in the