Bitcoin climbed above $117,000 during the early trading hours today, its strongest level since early August, as traders positioned around the Federal Reserve’s interest rate decision. The outcome of the Federal Open Market Committee (FOMC) meeting, due later today, will define the risk landscape for the rest of the year. Market expectations of an easier
Bitcoin is a macro liquidity indicator rather than merely a cryptocurrency, or at least that is the narrative we have been seeing around the industry. Bitcoin indicates changes in global liquidity and, consequently, the outlook for risk-on assets serves the great purpose of being an important indicator for investors from both the traditional finance and
If Bitcoin (BTC) holds current support levels, the asset could be on track to set a new record high of $175,000 before the end of the year, as per historical technical trends. In this line, a move to $175,000 would represent a nearly 50% rally from the press-time value of $116,529. Regarding the price outlook,
All eyes around the world, including Bitcoin and global markets, are once again focused on the FED’s interest rate decision. Although a series of recently released macroeconomic data have kept inflation concerns alive in the US, it is considered certain that the Fed will cut its policy rate. At this point, a 25 basis point
Story Highlights Robert Kiyosaki slams ETFs as “for losers” while backing Trump’s order allowing crypto in U.S. retirement accounts. Bitcoin ETFs see $552M inflows as debate over direct ownership vs. ETFs heats up ahead of Fed’s rate decision. Robert Kiyosaki has brought back his fight against exchange-traded funds, dismissing them as investments for “losers” even
Story Highlights Fed expected to cut rates 25bps today, marking 2025’s first policy easing step. Markets price six rate cuts by 2026, with SEP offering clarity on Fed’s outlook. Powell’s press conference could shift sentiment, balancing inflation risks against growth support promises. The U.S. Federal Reserve is set to make its first rate cut of
Get ready for a significant leap in digital finance! Standard Chartered, in collaboration with Qatar National Bank (QNB Group) and DMZ Finance, has just launched the very first tokenized money market fund (MMF) in the Dubai International Financial Centre (DIFC). This isn’t just another fund; it’s a groundbreaking move that could redefine how we think
Summary Bank of England’s stablecoin cap sparks pushback from crypto leaders UK stablecoin limits draw criticism over enforceability and market impact Crypto industry warns “no other major jurisdiction has deemed it necessary to impose caps” UK regulators propose caps on stablecoin ownership to protect financial stability. The crypto industry criticizes the plan as costly, unnecessary,
In recent days, some signals are emerging indicating the possibility that the price of Bitcoin (BTC) could trigger a new bull run. Although these are rather clear signals, they are still too weak to assert that the bull run is really about to start. However, historical precedents support this hypothesis. Summary Bitcoin (BTC) Price on