Bitcoin, Altcoins Prep For Volatility Ahead Of FOMC Decision

Key points: Bitcoin is likely to witness wild moves following the Fed’s rate decision, but the price may remain inside the large $107,000 to $124,474 range for some more time. Several altcoins, except BNB, have pulled back, indicating that traders are taking risk off the table before today’s FOMC. Bitcoin (BTC) is facing selling near…

SEC Approves Generic Listing Standards For Commodity-Based ETFs

The US Securities and Exchange Commission has approved standards that could speed up spot crypto ETF approvals, as each application would not need to be assessed individually. The decision, detailed in SEC filings on stock exchanges like the Nasdaq, NYSE Arca, and Cboe BZX, on Wednesday, would streamlines the process under Rule 6c-11, significantly reducing…

BTC Struggles to Hold $115K Despite Dovish Fed Shift

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. Bitcoin futures open interest surged while spot volumes continued to decline. Bitcoin (BTC) is trying to steady its price above $115,000 after the United States Federal Reserve delivered…

XRP Holding Above $3 as It Receives Support From REX-Osprey and CME Group

XRP is drawing fresh attention from traditional finance as new products roll out in both securities and derivatives markets, broadening access points for exposure to the token. At the time of writing, according to CoinDesk Data, XRP was trading around $3.0263, down nearly 1% over the past 24 hours. On Sept. 18, REX Shares and…

SEC Approves Generic Listing Standards For Commodity-Based ETFs

The US Securities and Exchange Commission has approved a set of listing standards for commodity-based trust shares, opening the door for digital asset listings without requiring individual approvals. The decision, detailed in SEC filings on stock exchanges like the Nasdaq, NYSE Arca, and Cboe BZX, on Wednesday, would streamlines the process under Rule 6c-11, significantly…

FOMC Members Still Unsure About Additional Rate Cuts in 2025

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…

P2P.org becomes validator on $4T Canton Network

P2P.org has become a validator on the Canton Network, a blockchain platform for institutional finance that handles more than $4 trillion in tokenized assets. As a validator, P2P.org will operate nodes that verify and record transactions on the network. Launched in May 2023, Canton is a blockchain platform developed to support regulated institutions, with emphasis…

P2P.org becomes validator on $4T Canton Network

P2P.org has become a validator on the Canton Network, a blockchain platform for institutional finance that handles more than $4 trillion in tokenized assets. As a validator, P2P.org will operate nodes that verify and record transactions on the network. Launched in May 2023, Canton is a blockchain platform developed to support regulated institutions, with emphasis…

Will the Fed’s Big Rate Decision Ignite the Next Leg of the Crypto Rally?

The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (bps) cut and a boost to risk asset prices in the long term. Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin…

Bitcoin Options Turn Cautious As BTC Longs Increase Size

Key takeaways: The Bitcoin options delta skew rose above the 7% neutral threshold, signaling cautious trader sentiment ahead of the US Fed decision. The top traders’ long-to-short ratio and $292 million spot ETF inflows support optimism despite mixed BTC derivatives. Bitcoin (BTC) approached the $117,000 level on Wednesday but failed to maintain its bullish momentum,…