Tag:

Rate

MYX Finance price surges again as funding rate points to a crash

by admin September 18, 2025

MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days.

Summary

MYX Finance price surged again on Wednesday.
The funding rate plummeted, pointing to more downside in the near term.
It has formed a double-top pattern on the daily chart.

MYX Finance (MYX) came in the spotlight earlier this month as it jumped from $1 to nearly $20 within a days. This surge pushed the token’s fully diluted valuation to over $20 billion.

Some cryptocurrency analysts noted that the surge was likely part of a market manipulation, potentially by insiders. In a post, Bubblemaps said that over 100 active addresses that received 1% of the supply during the airdrop were owned by the same entities, an allegation that its developers denied.

> be MYX Finance
> launch your token
> run an airdrop campaign
> 100 sybil addresses receive 1% of the supply
> go from 0 to $20B FDV overnight
> that 1% is now worth $200M
> people start asking questions
> drop a long, vague GPT-reply
> somehow make things even more suspicious
>… https://t.co/YHlo0Sl8xZ pic.twitter.com/5wujlNHXnm

— Bubblemaps (@bubblemaps) September 9, 2025

Another possible reason for the rally is that the MYX Finance platform is doing relatively well. Data compiled by DeFi Llama shows that the network has handled perpetual futures worth $5 billion this month so far. It handled volume worth $10.3 billion in July, making it one of the biggest players in the perpetual futures industry.

Still, whether the short squeeze is genuine or part of market manipulation, there are reasons why the token will crash soon.

One of them is that the funding rate in the futures market has plummeted to the lowest level since August. A falling funding rate is a sign that investors expect the future price to be lower than where it is today.

Also, the ongoing surge is happening in a low-volume environment, which is risky. CoinGlass data shows that the 24-hour volume was $626 million, much lower than $11 billion on Sep. 9. It was the lowest volume since the initial surge earlier this month.

The ongoing MYX surge also resembles that of OnyxCoin (XCN), which surged by over 2,300% within a few days in January. Since then, the token has plunged by over 76% to the current $0.011.

MYX Finance technical analysis

MYX price chart | Source: crypto.news

The other reason why the MYX price may crash soon is that it has slowly formed the highly bearish double-top chart pattern at $19.13. Its neckline is at $9.92, its lowest level this week. This pattern often leads to more downside over time.

Additionally, the token has become highly overbought, with the Relative Strength Index soaring to 75. In most cases, a highly overbought asset tends to retreat as investors book profits.

Source link

September 18, 2025 0 comments

NFT Gaming

Fed Cuts Interest Rate in ‘Risk Management’ Move as Bitcoin Eyes Possible Upside

by admin September 18, 2025

The Federal Reserve has returned to easing mode after ten months of taking a wait and see approach on the U.S. economy.

In a widely expected move on Wednesday, the U.S. central bank cut its benchmark fed funds interest rate range by 25 basis points to 4%-4.25%, the lowest since December 2022, in what Fed chair Jerome Powell called a “risk management cut.”

The Fed acknowledged that economic growth in the first half of the year “moderated” and the job market has “slowed.” This slowdown, Powell said during a press conference, is mostly due to changes in immigration. Nevertheless, there was no widespread support for a larger cut, he said, and that the Fed was right to wait to lower rates and will not be rushed to cut more aggressively.

The decision follows growing signs that the U.S. labor market has begun to decisively weaken, the latest being the August employment report which showed the addition of just 22,000 jobs to the economy and the unemployment rate rising to 4.3%, the highest since 2021.

“The Fed is under pressure to lean more dovish, and any successor to Powell is likely to favor faster and deeper rate reductions,” Chris Rhine, Head of Liquid Active Strategies at Galaxy, said. “While risk assets had largely priced in this cut, the updated dot plot aligns with recent sell-side forecasts, pointing to another 50bps of cuts ahead.”

Alongside that data, revisions to previous months’ reports showed far less jobs had been created than previously thought.

Added to that was political pressure in the form of President Trump’s repeated criticisms of the Fed’s hesitancy to act in the face of what he insists has been softening inflation. Powell said during Wednesday’s press conference that the Fed is “strongly committed to maintaining [its] independence.”

Bitcoin ‘new highs’ possible

In the minutes following the rate cut, the price of bitcoin BTC$116,862.68 rose about 1% before giving up gains. It is currently down about 1.5% since the decision, trading at $115,092.

Major U.S. stock indexes — which have been repeatedly carving out record highs for weeks ahead of the Fed move — also briefly rose on the news but later fell sharply. Gold followed a similar move.

“The dots leaned more dovish, signaling the Fed is open to accelerating the pace of easing if conditions demand it,” said Matt Mena, Crypto Research Strategist at 21Shares. “That repricing risk is now front and center – creating an asymmetric setup for Bitcoin. While today’s 25bps cut provided the spark, it is the path implied by the dots – more than the cut itself – that may set the stage for Bitcoin to challenge new highs into year-end.”

Looking ahead

A glance at the Fed’s dot plot shows that the Commission is torn about how the rest of the year will unfold. A slight majority of participants of the Federal Open Market Committee (FOMC) believe there could be two more rate cuts this year.

Seven out of the 19 participants see rates kept steady throughout the year.

UPDATE (September 17, 18:18 UTC): Adds dot plot projections and markets update alongside commentary.

UPDATE (September 17, 18:39 UTC): Adds quote on markets.

UPDATE (September 17, 18:45 UTC): Adds quotes from Federal Reserve chair Jerome Powell.

Source link

September 18, 2025 0 comments

GameFi Guides

Shiba Inu price eyes bounce amid ETF chatter, Fed’s rate cut

by admin September 17, 2025

Shiba Inu continues to struggle with downside pressure but appears bullishly positioned amid fresh chatter around a potential exchange-traded fund and the Federal Reserve’s interest rate decision.

Summary

Shiba Inu price hovered around $0.00001306 as bulls attempted to mirror gains across crypto.
Excitement around exchange-traded funds and Fed’s rate cut could be key catalysts.

Price is also above the level seen during that dip to a low of $0.00001170 last week. However, a 12% decrease in trading volume to $177 million suggests indecisiveness for bulls and bears.

Shiba Inu poised above $0.000013

After a volatile swing to lows of $0.00001295, Shiba Inu (SHIB) has posted a slight bounce as top memecoins target a potential recovery. SHIB traded near $0.00001306 at the time of writing. The memecoin’s price is back at levels where bulls have consolidated support over the past month.

Notable for Shiba Inu is that its recent price dip followed the security breach that impacted Shibarium.

The hack saw SHIB retreat to key levels, dropping out of the top 20 cryptocurrencies by market capitalization, currently at $7.69 billion. But with exchange-traded fund anticipation driving sentiment for Dogecoin (DOGE), analysts say a similar expectation may catalyze SHIB’s price gains in the coming weeks.

“With a multi-billion dollar market cap, global exchange listings, and one of the largest retail communities in crypto, SHIB already meets some of the same criteria that made Bitcoin and Ethereum ETF-ready,” the Shibarium team recently wrote.

“An ETF could expose SHIB to a new class of investors who prefer traditional financial products, bringing more attention (and legitimacy) to the token,” they added.

SHIB price outlook as Fed cuts interest rates

As with other cryptocurrencies and tokens, the overall outlook for Shiba Inu is bullish as the highly anticipated Federal Reserve interest-rate cut arrives.

Markets have been upbeat for several weeks after Fed Chair Jerome Powell hinted that the U.S. central bank would cut interest rates this September. On Sept. 17, after a two-day Federal Open Market Committee meeting, the Fed announced a 25-basis-point interest-rate cut.

Stocks were mixed as the market reacted to the 25bps rate cut, which was already priced in and suggests investors wanted more.

Bitcoin (BTC), which showed signs of spiking ahead of the Fed meeting, gained slightly as it edged above $116,000. Shiba Inu’s price will follow the overall crypto market movement, with bulls’ advances beyond $0.000013 including short-term targets of $0.00001475.

Source link

September 17, 2025 0 comments

Crypto Trends

Breaking: Bitcoin Price Reacts to Fed’s Highly Anticipated Rate Cut

by admin September 17, 2025

Facing dilemma
Post-LTCM easing vibes

The U.S. Federal Reserve has cut the benchmark interest rate by 25 basis points.

Bitcoin, the leading cryptocurrency, is changing hands at $115,997 on the Bitstamp exchange after briefly spiking above the $116,000 level.

BTC/USD by TradingView

The decision is in line with market expectations. All major analysts (except for Standard Chartered and Societe Generale) expected the bank to make such a move.

This is the first rate cut implemented by the Fed since December 2024.

There was only a 7% chance of a higher rate cut than 25 basis points on the Kalshi prediction market ahead of the decision.

The Fed and Chairman Jerome Powell previously attracted criticism from high-profile Republicans due to persistent reluctance to make a dovish U-turn with aggressive rate cuts that would boost the economy.

Facing dilemma

The Fed will have to make tough choices going forward, given that the job market is becoming considerably weaker while inflation remains stubbornly hot.

As reported by U.Today, odious financial commentator Peter Schiff previously criticized the idea of implementing a rate cut, arguing in favor of a rate hike.

Market observers now expect the Fed to implement two more rate cuts in the fourth quarter of 2024.

A dot plot shows that a narrow majority of Fed officials are in favor of a total of three rate cuts this year. Moreover, recent changes in the Federal Open Market Committee (FOMC) statement are dovish.

September FOMC

*The Fed cuts rates by 25 bps

*A narrow majority of officials pencil in a total of at least 3 cuts this year

*Statement changes are dovish

*Miran is the only dissent, for 50 bps pic.twitter.com/C2mc36bwR6

— Nick Timiraos (@NickTimiraos) September 17, 2025

Post-LTCM easing vibes

Notably, the Fed moves to loosen monetary policy when both stocks and gold are hitting record highs.

The fact that the central bank has decided to cut rates while “animal spirits” are rampant is reminiscent of the post-LTCM easing cycle in 1998, according to Jurrien Timmer, director of global macro at Fidelity Investments.

Back then, the Fed moved to cut rates following the collapse of Long-Term Capital Management to stabilize Wall Street, which galvanized risk-taking.

“The Greenspan Fed cut rates three times even though the market was strong and there was no recession,” Timmer said.

It remains to be seen whether a similar rate-cutting spree will take place this time around.

Source link

September 17, 2025 0 comments

GameFi Guides

Bitcoin Whales Awake, Move Millions Ahead of Highly Anticipated Fed Rate Decision

by admin September 17, 2025

In brief

Two dormant Bitcoin whales have moved upwards of 2,000 BTC in the past three days.
Despite whales’ selling activity, institutional demand remains strong, with ETF-driven accumulation spree exceeding new supply.
Experts suggest watching out for the Fed Chair’s tone in today’s rate cut meeting at 2pm ET.

Bitcoin whales inactive for more than a decade have started to wake up as the U.S. Federal Reserve’s September 17 rate cut decision draws close.

A Satoshi-era whale woke up on Wednesday and transferred 1,000 BTC worth to four new wallets, according to on-chain analytics platform Arkham.

In 2013, this whale received 1,000 BTC in four chunks, with the price of Bitcoin hovering around $843. At Bitcoin’s current price of $117,000, the same stack is now worth a staggering $117 million.

More dormant wallets have started waking up as Bitcoin holds above the psychological level of $100,000.

On September 14, a different Bitcoin whale deposited 1,176 BTC to Hyperliquid across two transfers, potentially signaling an intention to sell. This wallet previously converted $4 billion worth of Bitcoin to Ethereum following a Hyperliquid deposit.

Last Thursday also saw a similar activity when a 13-year dormant whale moved a portion of its $50 million holdings to new wallets, according to a previous Decrypt report.

What’s next for Bitcoin?

While old whales may be moving their holdings to book profits, last week’s ETF flows suggest that institutional demand for Bitcoin remains high. Bitwise’s Monday report underscores this demand by showing that the accumulation from exchange-traded funds far exceeds the new supply.

The resurgence of Bitcoin ETF flows “highlights a more cautious mood,” Illia Otychenko, lead analyst at CEX.IO, told Decrypt last week. “Investors are now favoring Bitcoin as the safer bet ahead of the Fed decision.”

CME’s FedWatch tool shows a 100% possibility of a rate cut, with the odds of a 25 basis point rate cut hovering around 94%. On prediction market Myriad, launched by Decrypt’s parent company DASTAN, users place a 91.8% chance on a 25bps rate cut and a 4.7% chance on a 50bps decrease.

With the majority of investors expecting a quarter-point rate cut, all eyes are now on the Fed Chair Jerome Powell’s tone, according to experts in a previous Decrypt report.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 17, 2025 0 comments

GameFi Guides

For Bitcoin Traders, Is a Fed Rate Cut Already Priced In?

by admin September 16, 2025

In brief

Markets are expecting the Federal Reserve to cut interest rates on Wednesday.
The price of Bitcoin has risen this week but some analysts aren’t expecting the asset to rise on the announcement.
Instead, traders will be paying attention to Fed Chair Jerome Powell’s comments after the decision, analysts told Decrypt.

Bitcoin has typically performed well in a low interest rate environment, but the asset may not rise in the aftermath of a widely expected U.S. central bank interest rate slashing on Wednesday, say analysts, who believe markets have already priced in the cut.

The analysts say that traders will be looking more keenly at what Federal Reserve chair Jerome Powell says in the press conference after the announcement.

“It does seem to be pretty priced in,” Juan Leon, Bitwise’s senior investment strategist, told Decrypt. “[A cut] has been digested by the markets. Where it gets interesting is what Powell says afterwards—that’s where you’ll see crypto markets flatten out or rally,” he continued.

The odds of the Fed reducing the rate by a quarter point currently stand at 96%, per the CME’s FedWatch tool, the widely watched measure of investor sentiment. Equities and crypto jumped this week on that data.

At one point Tuesday, Bitcoin’s price rose to nearly its highest level in a month. The largest digital asset by market capitalization was recently priced at $116,559, up nearly 5% over the past seven days, according to crypto market data provider CoinGecko. The cryptocurrency remains about 7% off its all-time high of $124,128 set in August.

A Myriad market found that nearly nine in 10 consumers expect the price to remain above $105,000 throughout September.

(Disclosure: Myriad is a prediction market and engagement platform developed by Dastan, parent company of an editorially independent Decrypt.)

Other major digital assets have also risen well into positive territory, with Ethereum and XRP, the second and third largest cryptos by market value, up 4.8% and 3% over the same period, respectively. Solana has climbed a whopping 10%, although its gains have been fueled partly by the recent expansion of Solana treasuries.

The Fed has left interest rates intact in a range between 4.25% and 4.50% for the past five meetings stretching to last December, when it announced a .25% rate cut. In comments following these decisions, Powell has reiterated the bank’s concerns about inflation, which has remained stubbornly above the Fed’s 2% annual target, and vowed to base future decisions on data.

But recent jobs reports, including a 911,000 downward adjustment in the number of jobs created over a year-long period ending this March, suggested that the economy was sagging and boosted prospects of a rate cut. Powell may offer hints on Wednesday about the Fed’s future thinking.

Bitcoin and other risk-on assets have generally risen on dovish (favoring low interest rates) that would lead to the injection of capital into markets and declined on hawkish rhetoric.

“Lower interest rates increase the liquidity in circulation, and investors deploy capital into more risky assets such as stocks and crypto,” Chief Growth Officer at Rockaway Samantha Bohbot said, adding that “any hawkish comments might lead to repricing and sell off.”

Complicating the Fed’s task has been President Donald Trump’s relentless campaign for a rate cut. Most recently, he tried to fire Federal Reserve Board of Governors member Lisa Cook, whom he has perceived—possibly wrongly–of being an impediment to cutting rates. Cook is considered dovish by many accounts.

A federal appeals court on Tuesday blocked his order, which also more generally raised the issue of the Fed’s independence to set monetary policy. Those concerns and wider macroeconomic uncertainties, including Trump’s trade war, have left investors unbalanced. Gold, the traditional safe haven asset, rose to a record high on Tuesday above $3,730. It is up more than 10% over the past month.

If a series of rate cuts is imminent, or if the central bank reduces the rate by a greater-than-expected .50%, Bitcoin and other crypto prices could jump, Carlos Guzman, a research analyst at market maker GSR, told Decrypt.

“Updates coming out of the FOMC meeting could still move markets depending on what they signal for rate policy later in the year, and the Fed could still surprise markets by opting for a 50bps cut rather than the overwhelmingly expected 25bps,” he said.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 16, 2025 0 comments

Crypto Trends

Solana Steals the Spotlight as Fed Rate Cut Nears: Crypto Daybook Americas

by admin September 16, 2025

By Omkar Godbole (All times ET unless indicated otherwise)

Suddenly, it’s all about Ethereum rival Solana and its native token SOL as the broader market holds its breath ahead of Wednesday’s Federal Reserve rate decision.

Michael Novogratz, the founder and CEO of Galaxy Investment, says Solana could evolve to become a settlement infrastructure in global finance. Why? Because the blockchain can handle over 6 billion transactions a day, which is way higher than the 400 million-700 million trades global securities markets usually deal with, he said. Speed matters.

At BaseCamp 2025, Coinbase’s layer-2 network hinted at plans for a token launch that could accelerate decentralization and unveiled a Solana bridge to boost cross-chain connectivity. Pantera Capital’s Dan Morehead announced that Solana is their largest bet, valued at $1.1 billion, calling it the fastest and best-performing blockchain, which has outpaced even Bitcoin over the past four years.

If that’s not enough, Kyle Samani, chairman of Nasdaq-listed Solana treasury company Forward Industries, said over the weekend that the company plans to deploy funds to boost the Solana-native decentralized finance ecosystem.

All these signs suggest SOL could outperform bitcoin BTC$115,406.46, ether (ETH) and other major tokens if the Fed cuts rates by the 25 basis points this week, as expected. If it surprises with a 50-basis-point move, things could get wild. Keep your eyes on those SOL/BTC and SOL/ETH trading pairs.

Currently, SOL is trading around $235 after peaking near $250 over the weekend. Other major cryptocurrencies are stuck in neutral, trailing behind stocks, which continue to hit fresh highs.

On the stablecoin front, the Bank of England proposed limits on how the value of dollar-backed stablecoins an individual can hold, as low as 10,000 pounds ($13,600), citing systemic risks. Stani Kulechov, Aave’s CEO, called the move “absurd” and urged the crypto community to stand up against such regulations.

More countries, especially those with current account deficits, will likely consider similar measures to curb outflows that dodge traditional banks.

And as for the traditional markets, Monday’s mix of rising stocks and the VIX, Wall Street’s fear gauge, has some observers raising their eyebrows. History shows these moments often precede market corrections, so stay alert!

What to Watch

Crypto
- Sept. 16, 12 p.m.: Solana Live event on X. Guests include Pump.fun co-founder Alon Cohen and Kyle Samani, chairman of Forward Industries (FORD) and the managing partner of Multicoin Capital.
Macro
- Sept. 16, 8 a.m.: Brazil July unemployment rate Est. 5.7%.
- Sept. 16, 8:30 a.m.: Canada August headline CPI YoY Est. 2%, MoM Est. 0%; core YoY Est. N/A (Prev. 2.6%), MoM Est. N/A (Prev. 0.1%).
- Sept. 16, 8:30 a.m.: U.S. August retail sales YoY Est. N/A (Prev. 3.9%), MoM Est. 0.3%.
Earnings (Estimates based on FactSet data)

Token Events

Governance votes & calls
- Curve DAO is voting to update donation-enabled Twocrypto contracts, refining donation vesting so unlocked portions persist after burns. Voting ends Sept. 16.
- Sept. 16: Aster Network to host a community call.
- Sept. 18, 6 a.m.: Mantle to host Mantle State of Mind, a monthly downhill series.
- Sept. 16, 12 p.m.: Kava to host a community Ask Me Anything (AMA) session.
Unlocks
- Sept. 16: Arbitrum ARB$0.4921 to unlock 2.03% of its circulating supply worth $45.92 million.
Token Launches
- Sept. 16: Merlin (MRLN) to be listed on Binance Alpha, MEXC, BitMart, Gate.io, and others.

Conferences

Token Talk

By Oliver Knight

As the crypto market stays within a tight range after a brief peak and trough on Monday, one token is running its own race: IMX is up 15% in the past 24 hours with daily trading volume doubling to $144 million.
The rise lifted IMX, the native token of Web3 gaming platform Immutable, to a five-month high.
Bullish sentiment around Immutable can be attributed to an SEC probe that was dropped earlier this year and general optimism around the gaming sector. Gaming is estimated to reach $200 billion in revenue this year with further growth forecast in 2026 alongside the release of Rockstar Gaming’s Grand Theft Auto 6.
Immutable is well positioned to capitalize on that growth after teaming up with gaming giant Ubisoft on the next iteration of Might and Magic Fates in April.
Blockchain technology could have a key role to play in gaming if trends shift toward in-game ownership of items, which could see the implementation of non-fungible tokens (NFTs) within a game that could then be collected or sold on for crypto tokens.
IMX is currently trading at $0.736 having broken out of a key level of resistance. It will likely come back to test $0.70 as support before potentially moving higher, provided trading volume can sustain at these levels.

Derivatives Positioning

Most major cryptocurrencies, including BTC and ETH, continued to experience capital outflows from futures, leading to a decline in open interest.
AVAX stands out with OI rising over 14% as the token’s market cap looks to climb above $13 billion for the first time since Feb. 2.
Solana OI has reached a record high of over 70 million SOL, with positive funding rates pointing to bullish capital inflows.
On the CME, OI in solana futures pulled back to 7.63 million SOL from the record 8.12 million SOL on Sept. 12. Still, the three-month annualized premium holds well above 15%, offering an attractive yield for carry traders.
BTC CME OI continues to improve, but overall positioning remains light relative to ether and SOL futures.
On Deribit, the bias for BTC and ETH put options continues to ease across all tenors as traders anticipate Fed rate cuts. SOL and XRP options remain biased bullish.
On OTC network Paradigm, block flows featured BTC calendar spreads and shorting of call and put options.

Market Movements

BTC is unchanged from 4 p.m. ET Monday at $115,500.55 (24hrs: +0.54%)
ETH is unchanged at $4,513.45 (24hrs: -0.49%)
CoinDesk 20 is up 0.48% at 4,271.28 (24hrs: +0.71%)
Ether CESR Composite Staking Rate is up 5 bps at 2.87%
BTC funding rate is at 0.0059% (6.4616% annualized) on Binance

DXY is down 0.32% at 96.99
Gold futures are up 0.42% at $3,734.70
Silver futures are up 0.53% at $43.19
Nikkei 225 closed up 0.3% at 44,902.27
Hang Seng closed unchanged at 26,438.51
FTSE is down 0.22% at 9,256.41
Euro Stoxx 50 is unchanged at 5,437.55
DJIA closed on Monday up 0.11% at 45,883.45
S&P 500 closed up 0.47% at 6,615.28
Nasdaq Composite closed up 0.94% at 22,348.75
S&P/TSX Composite closed up 0.5% at 29,431.02
S&P 40 Latin America closed up 1.64% at 2,904.55
U.S. 10-Year Treasury rate is unchanged at 4.037%
E-mini S&P 500 futures are up 0.19% at 6,633.75
E-mini Nasdaq-100 futures are up 0.29% at 24,380.00
E-mini Dow Jones Industrial Average Index are unchanged at 45,902.00

Bitcoin Stats

BTC Dominance: 58.11% (unchanged)
Ether to bitcoin ratio: 0.03907 (-0.36%)
Hashrate (seven-day moving average): 1,025 EH/s
Hashprice (spot): $53.98
Total Fees: 4.41 BTC / $508,109
CME Futures Open Interest: 140,975 BTC
BTC priced in gold: 31.2 oz
BTC vs gold market cap: 8.82%

Technical Analysis

BTC is once again probing the 8-year bullish trendline trendline. (TradingView/CoinDesk)

The monthly chart shows that BTC is again probing the trendline connecting the previous bull market peaks.
Bulls failed to establish a foothold above that trendline in July and August.
A third straight failure could really embolden sellers, potentially yielding a deeper drop.

Crypto Equities

Coinbase Global (COIN): closed on Monday at $327.02 (+1.23%), +0.27% at $327.91
Circle (CRCL): closed at $134.05 (+6.97%), unchanged in pre-market
Galaxy Digital (GLXY): closed at $30.77 (+3.6%), +0.58% at $30.95
Bullish (BLSH): closed at $51.08 (-1.47%), +0.59% at $51.38
MARA Holdings (MARA): closed at $16.24 (-0.43%), unchanged in pre-market
Riot Platforms (RIOT): closed at $16.68 (+4.97%), +1.08% at $16.86
Core Scientific (CORZ): closed at $16.32 (+2.9%), +0.37% at $16.38
CleanSpark (CLSK): closed at $10.29 (-0.58%), +0.1% at $10.30
CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $38.73 (+3.78%), +1.96% at $39.49
Exodus Movement (EXOD): closed at $27.88 (-1.69%), -1.94% at $27.34

Crypto Treasury Companies

Strategy (MSTR): closed at $327.79 (-1.1%), +0.34% at $328.89
Semler Scientific (SMLR): closed at $28.39 (-2.74%)
SharpLink Gaming (SBET): closed at $16.79 (-5.14%), +0.54% at $16.88
Upexi (UPXI): closed at $6.33 (-6.29%), +0.95% at $6.39
Lite Strategy (LITS): closed at $3.07 (+10.43%)

ETF Flows

Spot BTC ETFs

Daily net flows: $259.9 million
Cumulative net flows: $57.05 billion
Total BTC holdings ~1.31 million

Spot ETH ETFs

Daily net flows: $359.7 million
Cumulative net flows: $13.74 billion
Total ETH holdings ~6.53 million

Source: Farside Investors

While You Were Sleeping

Source link

September 16, 2025 0 comments

Crypto Trends

Here’s What History Says Will Happen a Month and Year After the Fed’s Rate Cut

by admin September 15, 2025

In brief

The odds of the U.S. Federal Reserve announcing a quarter-point rate cut have skyrocketed to 94.2%, according to the CME’s FedWatch tool.
Experts look to Fed Chair Jerome Powell’s speech and forward guidance to determine if Bitcoin rallies or triggers a sell-the-news reaction.
Bitcoin’s long-term outlook remains bullish, with experts forecasting up to $700,000 before 2035.

Cryptocurrency and tradfi investors are on tenterhooks ahead of this week’s rate cut decision from the U.S. Federal Reserve, which experts say could make or break the long-term bullish trend for risk-on assets such as Bitcoin.

The September 17 interest rate decision is key since it comes at a time when the S&P 500 index, Bitcoin, and gold are at or near all-time highs. The central banks’ dual mandate of price stability and maximum employment is conflicting with core inflation above 3.10% and a weakening labor market, with annual revisions revealing a drop of 911,000 from the initial estimate.

The odds of a 25 basis point rate cut currently hover around 94% per CME’s FedWatch tool. Users of prediction market Myriad, launched by Decrypt’s parent company DASTAN, place an 88% chance on a 25bps rate cut, at time of publication.

Short-term vs long-term impacts

Experts who spoke to Decrypt agreed that a quarter-point rate cut would likely have a long-term bullish impact on risk-on assets, including Bitcoin, but remained indecisive on the event’s imminent impact.

In the short-term, “What Powell says at the briefing will matter more for how the market reacts,” Peter Chung, head of research at Presto Research, told Decrypt.

Other analysts drew attention to the dot plot, a quarterly chart indicating Fed policymakers’ projections for the short-term interest rate. A rate cut without a meaningful downward revision of the median dot plot could trigger an altcoin pullback due to elevated open interest, Xu Han, director of Liquid Fund at HashKey Capital, told Decrypt. If the dot plot faces an aggressive downward revision, he expects a rally in large and mid-cap altcoins.

The markets anticipating a quarter-point rate cut have led to a resurgence in speculative activity, leading to “stretched valuations across multiple asset classes,” Derek Lim, head of research at crypto market-making and trading firm Caladan, cautioned Decrypt.

From a short-term perspective, a hawkish surprise from Powell could complicate the Fed’s price stability mandate, Lim added.

Bitcoin’s long-term valuation

While Bitcoin’s one-month returns post rate cut highlight the crypto’s unpredictable nature, Caladan’s three-month estimates reveal a bullish outcome 62% of the time with an average gain of 16.50%.

HashKey Capital estimates Bitcoin will hit $700,000 by the end of 2035, assuming a 10% CAGR in the gold price, pointing to a macro narrative that sees the top crypto playing catch-up with gold in the coming decade.

Capital markets commentary The Kobeissi Letter highlighted risk-on assets’ bullish outlook in the long term, stating that the S&P 500 index has ended up higher a year later when the Fed cuts rates within 2% of the index’s all-time highs, in a Saturday tweet.

“This time around, we expect a similar outcome,” the tweet thread noted, indicating a potential for “immediate-term volatility, but long-term asset owners will party,” supported by interest rate cuts amid rising inflation and the AI Revolution.

The straight-line higher price action seen in gold and Bitcoin reflects the markets pricing in what’s coming, The Kobeissi Letter argued.

While Chung and Han expect at least three quarter-point rate cuts before the end of the year, Lim said a “second 25 basis point cut remains possible, but would require either a material deterioration in labor markets or convincing evidence that inflation is sustainably converging to 2%.”

Bitcoin is down 0.8% over the past 24 hours and is currently trading at just under $115,000, per CoinGecko data.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 15, 2025 0 comments

Crypto Trends

What’s Next for BTC, ETH as Downside Fears Ease Significantly Ahead of Fed Rate Cut?

by admin September 15, 2025

Fears of a downside for bitcoin BTC$116,264.09 and ether (ETH) have eased substantially, according to the latest options market data. However, the pace of the next upward move in these cryptocurrencies will largely hinge on the magnitude of the anticipated Fed rate cut scheduled for Sept. 17.

BTC’s seven-day call/put skew, which measures how implied volatility is distributed across calls versus puts expiring in a week, has recovered to nearly zero from the bearish 4% a week ago, according to data source Amberdata.

The 30- and 60-day option skews, though still slightly negative, have rebounded from last week’s lows, signaling a notable easing of downside fears. Ether’s options skew is exhibiting a similar pattern at the time of writing.

The skew shows the market’s directional bias, or the extent to which traders are more concerned about prices rising or falling. A positive skew suggests a bias towards calls or bullish option plays, while a negative reading indicates relatively higher demand for put options or downside protection.

The reset in options comes as bitcoin and ether prices see a renewed upswing in the lead-up to Wednesday’s Fed rate decision, where the central bank is widely expected to cut rates and lay the groundwork for additional easing over the coming months. BTC has gained over 4% to over $116,000 in seven days, with ether rising nearly 8% to $4,650, according to CoinDesk data.

What happens next largely depends on the size of the impending Fed rate cut. According to CME’s Fed funds futures, traders have priced in over 90% probability that the central bank will cut rates by 25 basis points (bps) to 4%-4.25%. But there is also a slight possibility of a jumbo 50 bps move.

BTC could go berserk in case the Fed delivers the surprise 50 bps move.

“A surprise 50 bps rate cut would be a massive +gamma BUY signal for ETH, SOL and BTC,” Greg Magadini, director of derivatives at Amberdata, said in an email. “Gold will go absolutely nuts as well.”

Note that the Deribit-listed SOL options already exhibit a strong bullish sentiment, with calls trading at 4-5 volatility premium to puts.

Magadini explained that if the decision comes in line with expectations for a 25 bps cut, then a continued calm “grind higher” for BTC looks likely. ETH, meanwhile, may take another week or so to retest all-time highs and convincingly trade above $5,000, he added.

Source link

September 15, 2025 0 comments

Sentiment signals could spark the next rally

Crypto Trends

Will the Federal Reserve interest rate cut boost Bitcoin?

by admin September 15, 2025

Bitcoin rallied and moved above $115,000 last week as expectations of Federal Reserve interest rate cuts rose and as exchange-traded inflows jumped by over $2.3 billion.

At last check on Sunday, Sept. 14, the top cryptocurrency was down 0.5% for the day. See below.

Source: CoinGecko

Summary

Bitcoin price has rallied ahead of the Federal Reserve interest rate decision.
Economists expect the bank to cut interest rates by 0.25%.
While BTC price may jump, the rising wedge pattern points to a dive.

Federal Reserve to cut interest rates

The most significant macro tailwind this week will be the Federal Open Market Committee (FOMC) interest rate decision on Wednesday.

Kalshi and Polymarket odds of a 25 basis point cut stand at almost 100%. Similarly, the CME FedWatch Tool confirms this view.

In theory, the start of the Federal Reserve interest rate cuts should be bullish for Bitcoin (BTC) and the crypto market. Historically, these assets have thrived in the era of easy money policies but struggle when the Fed tightens.

For example, Bitcoin price jumped to a record high during the pandemic as the Fed slashed rates and then crashed to below $16,000 as the bank hiked in 2022.

Fueling the bullish case is that the rate cut is coming towards the fourth quarter, which is usually its best-performing ones. CoinGlass data shows that the average Bitcoin return in Q4 since 2013 is over 84%.

However, there is a risk that the Fed cut will not boost Bitcoin for two main reasons. First, the rate cut has already been priced in, which would make it a sell-the-news opportunity. This risk will be elevated if the Fed delivers a hawkish cut.

Bitcoin price has formed a risky pattern

BTC price chart | Source: crypto.news

The other main risk is that the Bitcoin price has formed a nearly-perfect rising wedge pattern on the weekly chart. This pattern consists of two ascending and converging trendlines. With this convergence happening, there is a risk that a breakdown will happen soon.

The other technical risk is that oscillators like the Relative Strength Index and the MACD have formed a bearish divergence pattern. This pattern occurs when the asset price has a downward trajectory despite being rising.

As such, while the Fed cut is highly bullish for Bitcoin and the crypto market, there is also a risk of a potential pullback when it happens.

Source link

September 15, 2025 0 comments