It could take a week for Bitcoin traders to fully digest the impact of the Federal Reserve’s first interest rate cut in 9 months, according to Bitbank analyst Yuya Hasegawa. “With risk-on sentiment persisting after the FOMC, this improvement in technical sentiment is seen as an additional tailwind [for Bitcoin], putting a test of $120,000
The Fed announced a 25 basis point interest rate cut in line with expectations in its decision announced on Wednesday. While Bitcoin (BTC) and altcoins are on the rise following this decision by the FED, an analyst said that the BTC options market is preparing for a decline despite the FED’s interest rate cut. Speaking
The Bank of Japan (BOJ) spooked markets Friday by announcing it will begin unwinding its $250 billion in exchange traded funds (ETFs) and Japanese Real Estate Investment Trusts (JREITs), assets it accumulated since 2010 as part of its ultra-loose monetary policy. Under the plan, the central bank will sell ETFs with a book value of
Every bitcoin price bull market to date has followed a familiar pattern of explosive upside followed by sharp drawdowns, with each cycle delivering lower percentage gains than the last. This phenomenon, known as diminishing returns, has become one of the most persistent narratives in Bitcoin. The question now is whether this cycle will follow the
The world of logistics is on the cusp of a significant transformation, and leading the charge is dKargo with its groundbreaking new mainnet. This exciting development sees dKargo Arbitrum Orbit launch, promising a more efficient, transparent, and scalable future for supply chain management. This isn’t just another blockchain launch; it represents a strategic move to
Key Takeaways Neel Kashkari expresses confidence in the Federal Reserve’s ability to achieve its 2% inflation target. The 2% benchmark has been challenged by elevated inflation rates post-pandemic, but trends are improving by mid-2025. Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, expressed confidence today in the central bank’s ability to reach its
Key Takeaways Grayscale’s Crypto 5 ETF (GDLC) began trading on NYSE Arca as the first multi-asset crypto ETP in the US. The ETF provides exposure to BTC, ETH, XRP, SOL, and ADA, covering over 90% of the crypto market capitalization. Grayscale Investments has officially launched trading of its CoinDesk Crypto 5 ETF, formerly the Grayscale
Wall Street opened higher on Friday, with the major gauges eyeing fresh record highs as President Donald Trump and Xi Jinping held talks over the U.S.-China trade standoff. Summary Stocks edged up on Friday to pick up from the record highs levels at close on Thursday. Dow Jones was up 100 points as Wall Street
Coral Protocol has launched Coral v1, introducing Remote Agents to streamline how developers deploy and coordinate multi-agent systems, as per reports shared with Finbold on September 19. The update provides access to production-ready Remote Agents on demand, designed to reduce infrastructure overhead and speed up deployment. For the first time, developers can rent ready-to-use Remote
Ripple Chief Legal Officer Stuart Alderoty has hailed an important development for crypto ETFs. The Ripple CLO was reacting to a tweet by the National Cryptocurrency Association that the Securities and Exchange Commission (SEC) has approved new rules that make it easier for stock exchanges to list crypto ETFs. Exchanges like the Nasdaq and NYSE