Crypto News

Bitcoin ETFs Set New Records in Brazil

The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched on B3, reached all-time highs, with a net asset value nearing $689 million. BITH11, anSource link

Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step

Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of noSource link

Crypto Regulation Updates: SEC Challenges and Global Developments in November 2024

Explore the recent regulatory updates impacting the crypto world, including SEC challenges, global developments, and significant legal actions in November 2024. (Read More)Source link

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. The hourly chart reveals a short-term bearish trend forSource link

Dogecoin Jumps to 3-Year High Price—Before Bitcoin Cools and Meme Coins Plunge

It's another recent milestone for Dogecoin, but the market is now red with Bitcoin down and DOGE and other meme coins falling hard.Source link