Crypto

At the beginning of November, the odds of a December rate cut were 67% among traders, but they have since cratered alongside investor sentiment. The odds of an interest rate cut at the December Federal Open Market Committee (FOMC) meeting have plunged to 33% as “extreme fear” grips the crypto market and the price of Bitcoin (BTC) dips below $89,000. Investors placed the odds of a December rate cut at about 67% during the first week of November, with the odds dropping below 50% on Thursday, according to data from the Chicago Mercantile Exchange (CME). Traders on prediction markets Kalshi and Polymarket forecast the odds of a December rate cut at about 70% and 67%, respectively. While higher than CME, traders in general appear more hesitant about rate cuts due to persistent fears about inflation, according to The Kobeissi Letter. Read more

"Blackwell sales are off the charts, and cloud GPUs are sold out," said Nvidia CEO Jensen Huang.

NVIDIA has reported Q3 earnings as equity and crypto markets have treated AI hardware demand, export rules and supply timing as key cues for risk, with traders watching how ETF flows, stablecoin supply, funding costs and dollar moves have shaped BTC and ETH reactions into and after the call. The post NVIDIA Earnings Released: Why Today’s Numbers Could Sway Tech and Crypto appeared first on Cryptonews.

Coinbase did not deny leaks of a future prediction market integration and stock trading feature, teasing a "new era" for the crypto platform.

A Bitcoin bounce or more pain to come? The technical picture is turning ugly as BTC forms a classic bearish pattern.

The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into PayPal's PYUSD.

A new parliamentary tally shows power theft tied to crypto mining accelerating sharply since May’s warnings of rising illicit activity.

Federally chartered Anchorage Digital Bank is integrating Mezo’s BitcoinFi tools into its custody platform, giving institutions a compliant path to borrow against BTC. Mezo, a Bitcoin-native DeFi platform for BTC-backed borrowing and yield, has partnered with Anchorage Digital to bring low-cost stablecoin loans and short-term veBTC rewards to institutional clients. The move gives public companies and digital asset treasuries a compliant on-ramp into Bitcoin-native finance. Through Anchorage’s Porto wallet, institutions can borrow against their Bitcoin (BTC) at a fixed 1% rate using Mezo’s Bitcoin-backed stablecoin, MUSD, according to Wednesday’s announcement.  Read more

Mike Selig, the nominee to be the next chairman of the Commodity Futures Trading Commission, testified at his confirmation hearing in the Senate.

Cardano price prediction has faced pressure as ADA hits a fresh yearly low, even as Hoskinson details the Midnight roadmap, sets a December 8, 2025 launch for the NIGHT token, denies exit rumors, and traders weigh SUBBD’s presale progress and current staking yields. The post Cardano Price Prediction: Hoskinson Indicates Shift to New ‘Midnight’ Blockchain – Is He Leaving Cardano? appeared first on Cryptonews.

Kraken raised $800M across two tranches to scale operations and expand global markets.

U.S. standard setters have expanded guidance on crypto, with FASB addressing derecognition gaps and fair-value reporting as Treasury has proposed CAMT relief and lawmakers have examined taxation of staking, airdrops, stablecoins, and rising IRS enforcement on digital asset gains. The post U.S. Accounting Chief Targets Crypto Transfers: What Will It Mean for Your Balance Sheet? appeared first on Cryptonews.

Traders slash chances of a December cut to 33% as the Fed loses a key data point ahead of its final 2025 meeting.

The DeFi Education Fund estimated that decentralized finance technology could potentially save people up to $30 billion annually by reducing remittance costs. The DeFi Education Fund, an advocacy organization focused on decentralized finance, has proposed utilizing the technology to reduce costs, aiming to address poverty in the United States and globally. In a Wednesday blog post, the group said DeFi infrastructure could potentially save unbanked and underbanked people around the world about $30 billion annually through reducing remittance costs. The organization cited examples of workers sending funds home and paying fees to do so, which could be reduced “by up to 80%” with DeFi. “The poverty premium [the expenses incurred by low-income households that wealthier individuals are often able to access at a lower cost] persists because the current, layered, antiquated financial infrastructure makes it expensive to serve low-income customers profitably,” said the DeFi Education Fund, adding: Read more

The Winklevoss-backed Cypherpunk Technologies just topped up its Zcash treasury, with the privacy coin rising another 31% in the last week.

A former Olympic snowboarder turned "drug kingpin" is now facing U.S. sanctions as the FBI attempts to track him down in Mexico.

Tim Scott has outlined plans for the Senate Banking Committee to vote on crypto market structure by December, after earlier delays, presenting the bill as a way to protect consumers and strengthen US economic influence as the White House has engaged on digital asset policy. The post Senate Banking Committee Will Vote On Crypto Market Structure Next Month, Senator Tim Scott Scott Believes appeared first on Cryptonews.

XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election. Glassnode data shows that only 58.5% of XRP’s circulating supply is now in profit. That is the weakest reading since late November 2024, when the token hovered around $0.53. Even […] The post Why 26.5 billion XRP tokens are now sitting at a loss despite a $2 price tag appeared first on CryptoSlate.

The New Hampshire Business Finance Authority took the opening steps toward shepherding a potential $100 million private-sector bitcoin bond.

The 21shares Solana exchange-traded fund (TSOL) debuted with over $100 million in assets under management, signaling investor interest. Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL (SOL) ETF offering in the US. The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares. Senior Bloomberg ETF analyst Eric Balchunas said: The Solana ETFs have now taken in $2 billion as a group, with inflows basically every day, not bad considering the 'extreme fear' right now,” he wrote. TSOL’s debut was accompanied by the launch of investment manager VanEck’s SOL ETF (VSOL) on Monday, which also features staking rewards. Read more