CFTC to Test Tokenized Collateral in Derivatives Markets Beginning with Bitcoin, Ethereum, and USDC
Simply put This pilot program will enable futures commission merchants (FCMs) to accept Bitcoin, Ethereum, and USDC as margin, with enhanced reporting requirements. The updated guidance specifies how tokenized U.S. Treasury securities and money market funds can be incorporated under existing CFTC regulations. Notably, a prior staff recommendation that limited the use of digital assets […]
Federal Reserve Outlook: Bitcoin Remains Stable Over $91K, Treasury Yields Raise Some Concern as Rate Cut Approaches
Bitcoin and Market Movements Bitcoin is currently trading at around $91,800, reflecting an increase of over 1.5% today, in light of the anticipated Federal Reserve interest rate cut this week. This marks the third consecutive reduction, expected to bring the target interest rate to a range of 3.5% to 3.75%. Since September 2024, total easing […]
Bitcoin Moves Upward as Bulls Strengthen and Seek to Overcome Resistance
Bitcoin Price Rally Update Bitcoin has kicked off a new upswing, surpassing $90,500. Currently, it’s consolidating, possibly gearing up for a break above the $91,650 mark. Bitcoin is on a rally that’s taken it over the $90,500 level. The price hovers above $91,000 and the 100-hour simple moving average. Recent data from the BTC/USD pair […]
Bitcoin Moves Above $91,000 as Traders Prepare for Fed and Job Reports
Simply put Bitcoin increased to approximately $91,950 on Sunday, continuing its recovery from this month’s lows around $85,000. Market participants are being cautious, as $19 billion worth of leverage disappeared in October, and market makers are taking their time to return. There are rising expectations for interest rate cuts due to increased forecasts for jobless […]
Bitcoin Cash rises by almost 40% to become the top-performing layer one of the year.
Bitcoin Cash Surges as Top Layer 1 Performer Bitcoin Cash (BCH) has emerged as the standout Layer 1 asset this year, seeing a nearly 40% increase, which is quite impressive compared to other major blockchain networks. New insights from analyst Crypto Koryo reveal that BCH has outpaced several notable competitors, including BNB (Binance Coin), Hyper […]
Bitcoin price falls under 88K as analysis points to concerns about the FOMC.
Bitcoin Trading Update Bitcoin’s value dipped below $88,000 on Sunday, with traders reflecting on its performance in relation to major U.S. economic indicators. Key Highlights: Bitcoin experienced significant volatility towards the end of the week, dropping to around $87,000. Market speculation suggests that the decline in BTC could impact the Federal Reserve’s upcoming interest rate […]
Michael Burry Addresses His Bitcoin Position Detractors
Burley Addresses Critics of His Bitcoin Predictions Michael Burley has pushed back against critics who reference his bearish predictions for Bitcoin in early 2021 to dismiss his current concerns. He feels that commentators and outlets, including Bloomberg, have repeatedly pointed to those examples to suggest he’s been consistently wrong. Burley believes this perspective is misleading […]
Forecast: Bitcoin is Expected to Reach $130,000 by 2026
Key Highlights The previous peak for Bitcoin was over $126,000. There’s a significant possibility it could surpass that by 2026. Key influencers include inflation and Bitcoin’s growing perception as an inflation hedge. Many investors currently view Bitcoin as a sort of digital equivalent to gold, mainly due to its capped supply. Still, it’s important to […]
Bitcoin dispels the tulip myth after 17 years of demonstrated strength
Bitcoin’s Resilience Compared to Historical Speculative Bubbles According to Eric Balciunas, a senior ETF analyst at Bloomberg, Bitcoin’s durability over the years sets it apart from the “tulip bubble.” He noted that comparing Bitcoin to tulips is no longer valid. “Honestly, I wouldn’t liken Bitcoin to tulips, no matter how severe the downturn,” he stated […]
The significance of CFTC-approved spot Bitcoin and Ethereum trading.
Bitcoin and Ethereum Under CFTC Oversight On Thursday, the U.S. Commodity Futures Trading Commission (CFTC) declared Bitcoin and Ethereum as officially recognized products. This marks the first time these cryptocurrencies will be traded on registered futures exchanges. Here are a few reasons this could pose challenges for the two leading cryptocurrencies as we approach 2026. […]