DBS's move could accelerate institutional adoption of cryptocurrencies in Asia, enhancing Bitcoin's legitimacy as an asset class.
The post DBS to launch Bitcoin and Ethereum options trading for institutional clients appeared first on Crypto Briefing.
A potential rate cut could boost market liquidity, driving investors towards riskier assets like Bitcoin, but may also introduce short-term volatility.
The post Polymarket traders see 99% chance of rate cuts this week appeared first on Crypto Briefing.
Bitcoin's inflow surge and Ethereum's outflows highlight shifting investor confidence and potential market realignment in the crypto sector.
The post Bitcoin inflows surge $436 million as Ethereum funds face outflows appeared first on Crypto Briefing.
Crypto market volatility intensifies as central banks' interest rate decisions loom, potentially signaling broader economic instability.
The post Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ appeared first on Crypto Briefing.
Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
Bitcoin (BTC) reclaimed the $60,000 level on Sept. 13, indicating a solid comeback by the bulls. Bitcoin’s rally of about 10% this week has helped buyers turn around September’s returns to positive.
Next week, investors will focus on the FOMC meeting scheduled for Sept. 18. CME Group’s FedWatch Tool shows a 50% probability of a 50-basis point rate cut. However, if the Federal Reserve delivers a 25-basis point rate cut, the cryptocurrency markets may witness a knee-jerk reaction to the downside.
Crypto market data daily view. Source: Coin360
Grayscale's launch of the first XRP trust in the US could pave the way for future ETF conversions, impacting accredited investor access and regulatory dynamics.
The post Grayscale rolls out XRP trust in the US appeared first on Crypto Briefing.
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience.
Bitcoin (BTC) price experienced a 2.2% correction on Sept. 11 following the release of US consumer inflation data, but it managed to reclaim the $56,500 level within a few hours. The movement closely tracked the S&P 500 index, which saw a 1.6% decline on Sept. 11 as US Consumer Price Index growth hit its lowest level in over three years.
Bitcoin traders are skeptical that the $58,000 resistance will be breached, given the increased demand for bearish positions using BTC futures contracts.
Bitcoin/USD (blue) vs. S&P 500 futures (magenta). Source: TradingView
The integration of ENS by PayPal and Venmo could significantly enhance crypto adoption by simplifying transactions and improving user security.
The post ENS token surges after PayPal, Venmo adopt Ethereum Name Service appeared first on Crypto Briefing.
The collapse of Friend.tech's FRIEND token highlights the volatility and risks inherent in decentralized finance projects.
The post Friend.tech’s FRIEND token tanks to record low as team abandons control of smart contracts appeared first on Crypto Briefing.
Block Inc.'s market cap surpassing Coinbase highlights the volatility in the crypto sector and the impact of regulatory and market dynamics.
The post Block Inc. surpasses Coinbase in market cap as crypto stocks see decline appeared first on Crypto Briefing.
