🔮📊 Chances for a Fed rate cut next week have surged to 91%, according to Polymarket. #macro
📊🤔 #BTC Willy Woo: Historically Bitcoin tops have lead pull backs in global M2.
"But Fed rates are dropping"... i.e. more money printing... leading you to think global M2 will climb.
But if global investors buy USD instead of buying risk-on assets, also called "a flight to safety", then USD strengthens, and global M2 (which is priced in USD) drops.
"But Fed rates are dropping"... i.e. more money printing... leading you to think global M2 will climb.
But if global investors buy USD instead of buying risk-on assets, also called "a flight to safety", then USD strengthens, and global M2 (which is priced in USD) drops.
🥳🆕 #BOB [Market Addition] Added Korean Won Markets for BOB and TRAC feed.bithumb.com #Bithumb #Listing
🎩 #BTC CEO Strategy said the company's $1.4 billion reserve can cover about 21 months of dividend payments with the possibility of extending to two years, eliminating the need to sell BTC. bloomberg
🔮 CNN will use Kalshi prediction markets in its news programs. coindesk
💰 Kalshi raises $1 billion in funding at $11 billion valuation. cointelegraph
💰 Kalshi raises $1 billion in funding at $11 billion valuation. cointelegraph
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🇪🇺 EU bank group favors creation of euro-stablecoin by 2027. cointelegraph
🙋♂️ #AAVE Aave DAO considers abandoning "multichain strategy" by ending support for zkSync, Metis and Soneium. theblock.co
🤔 #BTC Coinbase Institutional states that while the end of quantitative tightening and the Fed's return to the bond market has improved liquidity, which theoretically benefits the cryptocurrency market, Bitcoin remains under pressure. BTC has overcome key bull market support, options sentiment has turned bearish, OG kits continue to sell, spot ETFs have seen significant net outflows, and Treasury activity (DAT) has slowed markedly
📊 Santiment: the most talked about news in the crypto space:
1. Vanguard authorizes trading cryptocurrency #ETFs on its platform;
2. Bank of America recommends its asset management clients through the Merrill, Bank of America Private Bank and Merrill Edge platforms to allocate 1-4% of their portfolio to digital assets;
3. Tidal Investments announced the purchase of 351,619 shares of Strategy #MSTR for $60 million;
4. Statement Atkins' "Innovation Exception" to take effect in January.
1. Vanguard authorizes trading cryptocurrency #ETFs on its platform;
2. Bank of America recommends its asset management clients through the Merrill, Bank of America Private Bank and Merrill Edge platforms to allocate 1-4% of their portfolio to digital assets;
3. Tidal Investments announced the purchase of 351,619 shares of Strategy #MSTR for $60 million;
4. Statement Atkins' "Innovation Exception" to take effect in January.
😃 #BTC Former SEC Chairman Gary Gensler said in an interview with Bloomberg that all cryptocurrencies except BTC are high-risk and speculative assets, emphasizing that most tokens lack fundamental support.
Gensler noted that BTC is closer to a commodity from a regulatory perspective, while thousands of other tokens should be treated with caution by investors. bloomberg
Gensler noted that BTC is closer to a commodity from a regulatory perspective, while thousands of other tokens should be treated with caution by investors. bloomberg
✏️ #ETH According to Bitwise, digital asset treasury companies purchased just 370,000 Ethereum in November, down 81% from a peak of 1.97 million in August. dlnews
🤝 Taurus partners with Everstake to expand cryptocurrency steaking capabilities for banks and institutions. theblock
🤔 #BTC Kevin O'Leary: Fed rate cut in December unlikely, but BTC will be fine. cointelegraph
🥳🆕 Airdrop event to celebrate the addition of OriginTrail (#TRAC) KRW Market feed.bithumb.com #Bithumb #Listing
🥳🆕 [Event] Airdrop Event to Celebrate the Addition of Origin Trail (#TRAC) KRW Market feed.bithumb.com #Bithumb #Listing