Crypto

The Federal Reserve has cut rates to 4.25%, its lowest since 2022, citing softer jobs and easing inflation. Markets now weigh how Bitcoin may react ahead of the weekend. The post Fed Cuts Rates to 4.25% — Will Bitcoin Rally or Crash Before Weekend? appeared first on Cryptonews.

Internet giant Google is delving deeper into payments with a new AI-driven protocol that supports stablecoins. 

Bitcoin fell, but only slightly, after the Fed cut rates. The charts suggest consolidation before the next big move, though prediction markets remain bullish.

XRP is set for new products, with REX-Osprey launching the first U.S. ETF offering spot exposure Sept. 18 and CME Group adding options on XRP futures Oct. 13.

Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025. At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said: Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027. Read more

The crypto platform that went public on the New York Stock Exchange in August sees higher adjusted Ebitda for the third quarter.

CME will list options on Solana and XRP futures for the first time, extending regulated crypto derivatives beyond Bitcoin and Ether amid growing US market demand. The Chicago Mercantile Exchange Group (CME), the world’s largest derivatives exchange, will expand its crypto offerings by introducing options on Solana and XRP futures starting Oct. 13. The move builds on record trading activity in Solana (SOL) and XRP (XRP) futures contracts since their launches earlier this year, according to the exchange. It also marks the first time CME has extended its options offering beyond Bitcoin (BTC) and Ether (ETH). Futures are contracts to buy or sell an asset at a set price on a future date, while options give traders the right, but not the obligation, to buy or sell those futures at predetermined prices.  Read more

Some assets deserve to be permissionless, according to Adam Levi.

Prediction markets are split on whether Trump will visit China in 2025 as reports surface of TikTok negotiations and a possible Xi meeting this fall.

CZ Binance threw his weight behind new decentralized exchange Aster backed by YZi Labs (formerly Binance Labs), BNB Chain's PancakeSwap, and other major players positioning itself as a multi-chain perpetual and spot venue designed to compete directly with Hyperliquid. The post CZ Binance Backs Aster to Challenge Hyperliquid – Token Hits $300M MC in 6 Hours appeared first on Cryptonews.

The first spot XRP ETF is expected to hit the open market this week – XRP price predictions now eye $100 with TradFi exposure. The post XRP Price Prediction: XRP ETF Set to Launch This Week – $100 Breakout Finally Coming?  appeared first on Cryptonews.

After years of U.S. sanctions, China moves to ban Nvidia, betting Huawei and homegrown chips are enough to win the AI wars.

Analysts predict a surge in altcoin ETF approvals within two months, signaling broader acceptance beyond BTC andETH.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure. On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Treasury Council. “Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told...

Solana stalls near $239 resistance as traders watch for a breakout or correction toward $200 amid heavy profit-taking.

Bitcoin struggles to hold the $115,000 level even after a Federal Reserve policy pivot brought about the long-awaited 25-basis point interest rate cut. Key takeaways: Bitcoin is struggling to hold above $115,000 after the Fed’s 25-bps interest rate cut. The Fed signaled an additional 50 bps of cuts through 2025. Read more

    The post Bitcoin Price Prediction: Fed Cuts After Almost a Year – Is a 2020-Style Explosion Coming? appeared first on Cryptonews.

New York’s top financial regulator advised banks to expand their use of blockchain analytics when handling virtual currency. The regulator noted in a Sept. 17 industry letter sent to state-chartered banks and foreign branches operating in New York that the tools can help institutions better manage risks related to money laundering, sanctions violations, and other […] The post New York regulator urges banks to harness blockchain analytics for crypto risks appeared first on CryptoSlate.

From meme coin to fizzy drink: Rekt sells culture you can sip, and prediction market users are wagering on how fast it will disappear.

Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates. According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks. “The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back...