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Federal Reserve Likely to Cut Interest Rates the Most Among Central Banks Next Year, Research Shows

A weaker dollar often becomes a tailwind to risk assets, including bitcoin, as occurred in the second half of 2020 and early 2021. The greenback is a global reserve currency, playing an outsized role in global trade and non-bank borrowing. When the dollar strengthens, it causes financial tightening worldwide, disincentivizing

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Funding rates echo $69K BTC price — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week still riding high near $37,000 as macroeconomic data returns to the fore.The largest cryptocurrency continues to circle its highest levels in 18 months, with excitement over a possible exchange-traded fund (ETF) approval in the United States driving sentiment.That is getting increasingly greedy, however, as

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Moody’s Analytics Finds over 600 Stablecoin Depegs YTD Triggered by High-Interest Rates

Moody’s Analytics launched its AI-enabled Digital Asset Monitor meant to track the volatility and risk in DeFi amid the mainstream adoption of stablecoins by institutional investors. The fast growth of fiat-backed stablecoins to over $120 billion by retail users in the past years has attracted major attention from institutional investors seeking

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Defi sector rallies as interest rates to borrow stablecoins surge

Defi lending platforms see a spike in stablecoin borrowing rates, signaling a market rebound with rising demand and potential arbitrage opportunities. The current bull market has triggered a resurgence for the defi sector, as interest rates for borrowing stablecoins have significantly increased across most defi lending services.  The interest rates for borrowing

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Bitcoin (BTC) Price Flat as FOMC Leaves Rates Unchanged; Powell Press Conference Upcoming

"Fed interest rate decisions have seen reduced medium-term directional impact on BTC as correlations reign moderate, K33 analysts Anders Helseth and Vetle Lunde noted in a market preview Tuesday. "We still expect a significant intraday volatility contribution from the Wednesday FOMC, as the market typically reacts with bursts of strongly

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Bitcoin’s (BTC) Surging Perpetual Funding Rates Make Arbitrage Trades Attractive

The difference, represented by funding rates (that is, the cost of holding long/short positions in perpetual futures, also called perp premium), has surged above an annualized 10% across major exchanges, including Binance, according to Velo Data. Positive funding rates mean buyers, or longs, pay shorts to keep their leveraged bullish

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BTC price pullback after $35K? Bitcoin funding rates turn ‘grossly positive’

Bitcoin (BTC) consolidated near $34,000 after the Oct. 24 Wall Street open as the dust settled on 15% daily gains.BTC/USD 1-hour chart. Source: TradingViewOpinions diverge on Bitcoin funding ratesData from Cointelegraph Markets Pro and TradingView tracked BTC price volatility through the day, with $34,000 a focus at the time of

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NFT giants are protesting Blur and OpenSea over royalty rates

Major NFT creators Yuga Labs and Bored Ape Yacht Club reconsider listings on dominant platforms Blur and OpenSea, challenging recent royalty cutbacks. Major players in the non-fungible token (NFT) space, including Yuga Labs Inc., creators of the Bored Ape Yacht Club and CryptoPunks, along with Pudgy Penguins collection, are reevaluating their

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