XRP Falls 13% In Selloff

Powell says Fed cannot hold bitcoin, not seeking to change that

Crypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty …

Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets.

Bitcoin price today: drops to $101k on hawkish Fed, Powell comments

After snapping off its long-term trendline resistance, Binance Coin [BNB] found a new all-time high (ATH) at $794 on 4 December...

A bitcoin (BTC) slump spiraled into over $700 million worth of liquidations across futures tracking major tokens, with XRP and dogecoin (DOGE) …

XRP and DOGE futures recorded an unusually high $70 million in liquidations, indicative of rising speculative activity in majors.

The crypto market plunged, with over $850 million liquidated after the Fed’s rate cut. Bitcoin dropped 8%, yet bullish sentiment remains.

The total crypto market cap slumped from over $3.8 trillion to under $3.6 trillion at one point.

(Bloomberg) -- Bitcoin briefly sank below $100,000 as the Federal Reserve’s cautious outlook for interest-rate cuts hurt speculative investments.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe largest digital asset hit $98,760 at one point on Thursday — about $10,000 shy of the record high set earlier this week — before retaking the six-figure level. Tokens such as Ether and meme-crowd favorite Dogecoin also struggled.Fed officials lowered borrowing cos

Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.

Grayscale’s Bitcoin Mini Trust ETF has attracted over $1 billion in net inflows in 2024, with the total assets under management surpassing $4 billion.

Arthur Hayes, former CEO of BitMEX, predicts a major sell-off in cryptocurrency markets around the time of Donald Trump’s inauguration on Jan. 20, 2025.

The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits.

The Fed's hawkishness pushed Bitcoin below the $100,000 mark

Render recorded a sharp 15% price decline on the daily chart, reflecting broader market uncertainty. Interestingly though, 70% of RNDR...

The acquisition supports Chainalysis’ efforts to bolster trust across various blockchains by expanding beyond investigations into prevention.

The U.S. Senate Banking Committee has canceled the vote on Caroline Crenshaw’s renomination to the Securities and Exchange Commission (SEC).

The SUI token prices had a strongly bullish structure and momentum, but the buying pressure has slowed down over the past week.

A California Court has ruled in favor of Coinbase, permitting the delisting of Wrapped Bitcoin. Learn about the implications for BiT Global.

Bank of Japan keeps rates steady, expects inflation to pick up in 2025

Bitcoin (BTC) New Year Rally Ended? Ethereum (ETH) Crucial Bearish Pattern, Dogecoin (DOGE): Down Even More

'Tis the season of giving, bitcoin donations and their benefits.

HODL crypto has gained by more than 11% in the last 24 hours amid a spike in trading volumes as buyers rush to buy the low cap altcoin.

Asia stocks tumble as hawkish Fed rattles tech; BOJ in focus

Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement.

Base surpasses Ethereum Mainnet in transaction volume, signaling Layer 2 networks’ growing dominance among investors.

Cardano Falls 10% In Selloff

Concerns over potential network risks lead Polygon to reject Morpho proposal despite projected $70 million annual yield.

A recent survey shows reduced UX friction as traditional gaming expertise shapes blockchain, but mainstream credibility remains a challenge.

Market gains and huge inflows are pushing the new crypto ETFs past long-established gold funds.

Morgan Stanley no longer sees Jan rate cut after hawkish Fed meeting

Market witnessing setback, but things may become better in future

On Wednesday, there was a distinct stumbling-near-the-finish-line quality to the crypto market. Although the Federal Reserve's rate cut announced that day was welcome, if expected, speculation about future slices wasn't as encouraging. Bitcoin (CRYPTO: BTC), which vaulted above the $100,000 price level recently and seems determined to stay there, nevertheless was down by almost 5% as of 4 p.m. ET.

The profit-taking activity by long-term holders was met by new entrants' demand, reflecting a wealth shift movement.

The Fed's 25 basis point cut on Wednesday was expected, but analysts suggest concerns over prolonged high rates may be overblown for Bitcoin.

Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylor’s analogy. “Real estate generates rents, which can be used to service and repay debt. Bitcoin doesn’t generate any income to make interest or principal payments,” he argued. It's wrong for @saylor to compare his leveraged buying of #B

Caroline Crenshaw’s SEC renomination scrapped, leaving a vacancy. Pro-crypto candidates are poised to influence the agency’s future.

Ink, Kraken's L2 blockchain on Optimism, launches early due to community hype, focusing on decentralization and interoperability.

Fed's hawkish surprise ahead of the holidays puts January pause in spotlight

From MicroStrategy splitting its stock to major banks acquiring crypto firms, bitcoin is about to enter its “Wall Street” era.

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

U.S. tax changes set for 2025 mean digital asset holders should consider strategies to protect their wealth, say Jeff Verdon, Moish Peltz and Kyle Lawrence.

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.