Story Highlights Trump nears final decision on next Fed chair as Kevin Hassett emerges as frontrunner, raising concerns over the future independence and direction of U.S. monetary policy. With Powell’s term ending soon, markets brace for potential Fed shifts as candidates signal support for lower rates ahead of a closely watched December rate decision. The
Bitcoin price is up about 2.8% in the past 24 hours and trades near $92,500. The daily chart still shows a clean inverse head and shoulders structure pointing toward $108,500, but every attempt to break higher has stalled. Two clear reasons explain why the breakout keeps failing — and the good news is that both
Key Takeaways Fidelity’s Bitcoin ETF (FBTC) recorded a $199 million net inflow in one day, leading the spot Bitcoin ETF market. Total inflows into FBTC have reached $12.3 billion since its launch. Spot Bitcoin exchange-traded funds recorded around $152 million in net inflows yesterday, with Fidelity’s FBTC leading the group at $199 million. Other funds
Bitcoin traders are watching today’s Federal Reserve announcement closely. The FOMC is expected to cut interest rates by 0.25%, bringing the target range to 3.5%–3.75%. Rate cuts often lift risk assets like Bitcoin, but the market has a history of sharp swings on FOMC days. Volatility Expected Around the Announcement This is a classic FOMC
The International Monetary Fund’s (IMF) December 2025 report warns that USD-pegged stablecoins could spark currency substitution and capital outflows in vulnerable emerging markets (EMS), undermining local currencies. Experts, however, said that the stablecoin market is yet to grow big enough to have a real systemic impact. The December report titled “Understanding Stablecoins” delves into stablecoin
But the gold investor welcomed the president’s barbs, even inviting Trump “or his designee” to a debate on the state of the economy. Schiff Is a ‘Loser’ and a ‘Jerk’: Trump’s Blunt Assessment Few people genuinely enjoy playing the antagonist like economist and gold investor Peter Schiff. The 62-year-old stockbroker gained infamy after describing bitcoin
As institutional interest in crypto markets continues to grow, Bitcoin and Ethereum spot ETFs have seen remarkable net inflows. According to SoSoValue data, Bitcoin spot ETFs experienced a total daily net inflow of $152 million. Strong Inflow into Bitcoin and Ethereum Spot ETFs: Total Net Flow Approaches $3.3 Billion The strongest inflow of the day
Web3 gaming giant Animoca Brands has partnered with decentralized finance platform Solv Protocol to help large Bitcoin holders in Japan generate yield from their holdings. The partnership aims to combine Solv’s infrastructure with Animoca Brands’ institutional network to target corporations and listed entities with large Bitcoin (BTC) treasuries, according to a statement shared with Cointelegraph
Visa unveiled new survey data highlighting the growing impact of artificial intelligence (AI) and cryptocurrency on consumer spending, marking a generational shift in shopping behavior this holiday season. Summary Visa’s survey shows nearly 50% of U.S. shoppers are using AI tools for holiday shopping. Gen Z is outpacing other generations in digital-first shopping behaviors, including
Key Takeaways Spot silver reached a new high above $61, driven by tight supply and strong demand. Expectations of a Fed rate cut are supporting silver’s ongoing rally. Spot silver touched a fresh high above $61 during Asian trading today, keeping its rally intact after a clean breach of the $60 handle ahead of the