Risk-Off Sentiment Dominates Ahead of PCE Release

The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower. Most major tokens continue to see capital outflows from futures market and persistent bias for protection against declines in the form of put options tied to BTC$109,280.84 and ETH$3,930.36 on Deribit. Friday’s U.S. … Read more

Fed Speakers, U.S. PCE, Hedera Upgrade: Crypto Week Ahead

You are reading Crypto Week Ahead: a comprehensive list of what’s coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder on what’s expected, click here to sign up for Crypto Daybook Americas. … Read more

Bullish (BLSH) Shares Rise 5% Ahead of Earnings After Securing New York BitLicense

Shares of Bullish (BLSH) rose 5% to $53.12 on Tuesday after the crypto platform secured a BitLicense from the New York State Department of Financial Services, a crucial regulatory approval that opens the door to offering spot trading and custody services to institutional clients in New York. With the license, Bullish’s U.S. arm — Bullish … Read more

Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Key takeaways: Fed interest-rate cut odds for today are now 100%. BTC price may rise to all-time highs if key resistance level at $118,000 is broken. Bitcoin (BTC) rose to a four-week high above $117,000 on Wednesday, as traders expect price swings before and after the US policy decision on interest rate cuts.  100% chance … Read more

Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Key takeaways: Fed interest-rate cut odds for today are now 100%. BTC price may rise to all-time highs if key resistance level at $118,000 is broken. Bitcoin (BTC) rose to a four-week high above $117,000 on Wednesday, as traders expect price swings before and after the US policy decision on interest rate cuts.  100% chance … Read more

Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Key takeaways: Fed interest-rate cut odds for today are now 100%. BTC price may rise to all-time highs if key resistance level at $118,000 is broken. Bitcoin (BTC) rose to a four-week high above $117,000 on Wednesday, as traders expect volatility price swings before and after the Federal policy decision on interest rate cuts.  100% … Read more

Bitcoin Gets ‘Walked Down’ Toward $115K Ahead of Fed Rate-Cut Showdown

Key points: Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week. BTC needs a weekly close above $114,000 to stay “bullish,” analysis says. Markets are convinced that the Federal Reserve will cut interest rates next week. Bitcoin (BTC) circled weekend lows into Sunday’s weekly close ahead of a major week … Read more

U.S. Fed Rate Cut Will Make or Beak the Traders: Crypto Week Ahead

You are reading Crypto Week Ahead: a comprehensive list of what’s coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder on what’s expected, click here to sign up for Crypto Daybook Americas. … Read more

What’s Next for BTC, ETH as Downside Fears Ease Significantly Ahead of Fed Rate Cut?

Fears of a downside for bitcoin BTC$116,317.53 and ether (ETH) have eased substantially, according to the latest options market data. However, the pace of the next upward move in these cryptocurrencies will largely hinge on the magnitude of the anticipated Fed rate cut scheduled for Sept. 17. BTC’s seven-day call/put skew, which measures how implied … Read more

Bitcoin Gets ‘Walked Down’ Toward $115K Ahead of Fed Rate-Cut Showdown

Key points: Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week. BTC needs a weekly close above $114,000 to stay “bullish,” analysis says. Markets are convinced that the Federal Reserve will cut interest rates next week. Bitcoin (BTC) circled weekend lows into Sunday’s weekly close ahead of a major week … Read more