May Jobs Report Kills Rate Cut Hopes: Bitcoin And Gold Sold Off in Tandem
Bitcoin News: Bitcoin price is trading at $61,100 on Wednesday, down 3% over 24 hours and 6.9% on the week, as a blowout May jobs...
Tag : rate
Pending Bank of Japan rate decision may impact Bitcoin price: Should traders prepare?
Since 2024, Bitcoin (BTC) has posted four major corrections after interest rate hikes by the Bank of Japan (BOJ), with declines ranging from 18% to...
Bitcoin price falls below $60K as hot U.S. jobs report crushes rate cut hopes
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price...
Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?
Key takeaways: Over-leveraged Bitcoin short positions between $63,000 and $66,000 have created a potential $2.6 billion squeeze trap for bears. Negative perpetual funding rates indicate...
Warsh will cut rates, despite consensus view of rate hikes: Analyst
Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus”...
Kevin Warsh sworn in as Fed chair, as traders forecast rate hikes in 2026
Kevin Warsh was sworn in on Friday as the chairman of the United States Federal Reserve, but investors and traders still forecast no interest rate...
Japan’s Crypto Revolution: 20% Tax Rate and Institutional ETF Gateway
Japan is executing the most consequential crypto regulatory pivot in Asia. The country that once taxed crypto gains at up to 55%, which drove liquidity...
Solana futures funding rate turns negative: Is $78 SOL next?
Key takeaways: Solana perpetual futures funding rates flipped negative, signaling excess demand for bearish positions. Rival networks like Base and Hyperliquid pose direct threats to...
Wallet cluster earned $2.4M with 98% win rate on Polymarket military bets: Bubblemaps
Blockchain data platform Bubblemaps said it identified a cluster of Polymarket wallets that collectively earned $2.4 million with a 98% win rate on contracts tied...
Odds against rate cuts high as new US Fed chair set for swearing in
Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about...