XRP Price Breakout Targets $3 as Exchange Reserves Near Five-Year Lows

Key takeaways: Bull flag breakout and inverse head-and-shoulders pattern target $3 XRP price.  A sharp decline in XRP exchange and record outflows signal strong accumulation. 90-day spot CVD turns positive as taker buy volume dominates, indicating sustained demand for a rally. XRP (XRP) is flashing multiple technical and onchain signals suggesting that a rally to…

Federal Reserve Slashes Rates, but Markets Have Already Digested the Gains

The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%. Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast: “November…

Federal Reserve Slashes Rates, but Markets Have Already Digested the Gains

The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%. Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast: “November…

Securitize, BNY to launch $100M tokenized AAA credit fund

Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain. The fund is being developed in partnership with global investment bank BNY Mellon. According to Wednesday’s announcement, BNY will safeguard the fund’s underlying assets, while a subsidiary of the bank will manage the…

Binance Wallet Partners with Bubblemaps To Combat Insider Crypto Trading

Crypto exchange Binance is partnering with blockchain data platform Bubblemaps to give users of its non-custodial Web3 Wallet more insight into potential insider trading and token manipulation. The integration will allow millions of Binance Web3 Wallet users to utilize Bubblemaps’ blockchain data visualization tool to view token distribution and onchain wallet clusters, aiming to add…

Pro-Crypto Org Backs Andrew Cuomo for NYC Mayor as Election Approaches

Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo.  In a Tuesday notice, Innovate NY endorsed Cuomo for mayor, the race for which is already in the middle of early voting. The political group…

Bitcoin Falls To $109K After Fed 0.25% Rate Cut: Why?

Key points:  Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points. Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening jobs market and inflation, despite believing that interest rate cuts will continue into 2026.  Bitcoin (BTC) price tumbled to $109,200 ahead of Wednesday’s US Federal Reserve decision…

Bitcoin, Altcoins Sell-off Ahead Of Fed FOMC Presser on Interest Rates

Key points: Bitcoin’s failure to rise above $118,000 may have attracted profit-booking by short-term traders, resulting in a drop toward $107,000. Several major altcoins turned down from their overhead resistance levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) bulls are attempting to sustain the price above $111,000, but the bears have continued…

Holding The 200-day Average, But For How Long?

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$110,974.09 is down but not out following Federal Reserve Chairman Jerome Powell’s latest hawkish remarks, which challenged expectations around a December rate cut. That’s the message from the price chart, which shows that although BTC is facing selling pressure…

Bitcoin Falls To $109K After Fed 0.25% Rate Cut: Why?

Key points:  Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points. Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening jobs market and inflation, despite believing that interest rate cuts will continue into 2026.  Bitcoin (BTC) price tumbled to $109,200 ahead of Wednesday’s US Federal Reserve decision…