Traders using CME FedWatch, the CME Group tool that tracks rate-hike probabilities implied by 30-Day Fed Funds futures prices, now put the FOMC September odds of a 25-basis-point Federal Reserve …
Andrew Grant
-
-
Crypto
Bitcoin Price Resistance at $82K Ceiling Faces Profit-Taking Risk
by Andrew Grantby Andrew GrantBased on the latest Bitcoin price analysis, more than 71% of Bitcoin’s circulating supply now sits in profit. Why does this number matter? It’s closing in on the 74.7% historical …
-
Crypto
Ethereum (ETH) at a Crossroads: Jump to $3,000 or a Plunge to $2,000 Comes Next?
by Andrew Grantby Andrew GrantThe second-largest cryptocurrency has hovered around $2,500 over the past several days, with some analysts predicting a decisive breakout above that level and a surge to much higher ground. Others …
-
The Hyperliquid Policy Center has asked a federal court to dismiss CME Group’s lawsuit against the CFTC, arguing that the derivatives exchange lacks standing and cannot rely on the Commodity …
-
Crypto
XRP Ripple and the Senate Vote That Could Shape Crypto Market Rules
by Andrew Grantby Andrew GrantThe US Senate will hold a cloture vote on September 15 on the Digital Asset Market Clarity Act, or CLARITY Act. This procedural vote, needing 60 votes to pass, is …
-
The token reached its record after rallying by roughly 112% over the past month. The cryptocurrency market has posted a slight increase over the past 24 hours, yet the …
-
Federal authorities charged two Jacksonville brothers with allegedly operating a darknet narcotics vendor whose counterfeit pills were connected to at least 12 overdoses, including three deaths. Summary U.S. prosecutors charged …
-
Bitcoin is spending less time near extreme capitulation levels, suggesting the market may be maturing compared with earlier cycles. Bitcoin’s latest downturn looks less severe than previous bear markets, …
-
Circle agreed to acquire Singapore-based payments company Tazapay for $400 million in an all-stock transaction, according to a Sept. 8 announcement and an accompanying U.S. regulatory filing. Summary Circle agreed …
-
Crypto
DBS and Citi Settle 24/7 Cross-Border Dollar Payment on SWIFT’s Ledger
by Andrew Grantby Andrew GrantWhat it used to take up to two business days was settled for minutes during the weekend. DBS and Citi settled a US dollar cross-border payment between Singapore and …