Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
1105 ET - Initial jobless claims fell below estimates to the lowest reading in at least six weeks, a clear message that the U.S. labor market doesn't need help from the Fed, Chris Osmond of Fifth Third Wealth Advisors says in a note. Claims have taken a meaningful step down from August's levels, the…
World, the identity-focused crypto project formerly known as Worldcoin, is rolling out a self-custodial financial app in more than 150 countries that combines stablecoin payments, trading, earning and virtual accounts.The self-custody app also plugs into Stripe, Kalshi, and Morpho, with World ID ver…
The US gross federal debt crossed $40 trillion for the first time around August 18-19, landing at roughly $40.05 trillion according to Treasury data. That's double where it stood in 2017.The core bull case is straightforward. When a government owes $40 trillion and spends nearly $1.2 trillion per ye…
Avalanche Treasury Company CEO Bart Smith expects the rise of AI agents in financial markets to put the idea that blockspace is effectively unlimited to the test."If we hit any of the low-end expectations of what agentic activity is going to happen as AI gets into financial markets, all of that's go…
Fortitude Mining has appointed former Hut 8 CEO Jaime Leverton as chief executive as the Zcash-focused miner prepares to go public through a proposed merger with HeartSciences. Leverton will succeed Andrea Childs as CEO on Sept. 21, with Childs moving to chief operating officer.Fortitude mined 72,69…
Bitcoin Life, operating as Perpetual21 Limited, secured a full regulatory license in Guernsey on September 17 to function as an international long-term life insurance company. The company immediately launched what it describes as a Bitcoin-denominated whole-of-life insurance bond, a product designed…
The late-summer rebound in bitcoin hit a wall in trying to stay above the $80k mark, but the Federal Reserve's interest rate hike isn't expected to be the catalyst that holds bitcoin prices back. "We believe yesterday's move was a mid-cycle adjustment, not a cyclical change," says Zack Pandl of Gray…
XRP trades near $1.29 after a sharp correction pushed its two-week Relative Strength Index to the lowest level in the token’s 13-year trading history.That extreme reading has sparked fresh debate over whether XRP has finally found its cycle bottom.What This Record-Low RSI Reading Actually MeansAnaly…
Bitcoin (BTC) traded near $76,500 after Thursday’s Wall Street open as investors snapped up US stocks following their recent dip.Key points:Bitcoin consolidated after dropping below $76,000 on the back of a 0.25% interest-rate hike by the US Federal Reserve. US equities rebounded, with the Nasdaq Co…
Gold had a 20-year head start. It might not matter.Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence, projects that US spot Bitcoin ETFs could see their assets under management triple that of gold ETFs within three to five years. The driving force behind the prediction is straightforward:…
The Federal Reserve just reminded everyone that rate hikes aren't ancient history. On September 16, the FOMC unanimously voted to raise the benchmark federal funds rate by 25 basis points, pushing the target range to 3.75%-4%. It's the first increase since July 2023, ending a stretch where markets h…
One week. That's all it took for Bitcoin's most-watched sentiment indicator to swing from confidently bullish to firmly bearish. CryptoQuant's Bull Score Index cratered from 80 to 30 after the Federal Reserve raised interest rates by 25 basis points on September 16, bringing the target range to 3.75…