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Trading
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The CoinDesk 20, a measure of the largest digital assets, is up 3.4%. Plus: Polymarket traders have their money on four to five more rate cuts this year.
Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.
First Neiro on Ethereum, Related to Dogecoin, Rockets 700% on Binance Spot Listing
Binance already offers NEIRO tokens as a futures product. But the surprise spot listing of a different NEIRO has fuelled a rocket rally.
Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters
Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there's a significant change in investor sentiment or regulatory clarity that might favor riskier assets.
XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
XRP Spikes 8% as Grayscale Launches XRP Trust in the U.S.
The closed-end fund will offer investors exposure to XRP tokens.
Bitcoin Yields as High as 45% on Offer in Pendle's New Pools
The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.
Bitcoin Jumps Over $58K Amid Tech Stock Rally, SUI Outperforms
SUI outperformed the market, rising over 16%, possibly due to Grayscale's new Sui Trust announcement.
Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets
The yen picked up a strong bid in late July as the Bank of Japan hiked interest rates for the first time in decades, triggering an unwinding of the risk-on yen carry trades.
Crypto Exchange Woo X Introduces Copy Trading, With a Twist
The exchange’s version of social trading comes with a countertrade feature as well as more transparent and equitable profit sharing.
