The post Will the Fed Cut Rates in December? Crypto Weakens as Odds Shrink appeared first on Coinpedia Fintech News Bitcoin has dropped to its lowest level in six months and the timing is rough. The drop comes as investors lose confidence that the Federal Reserve will
The MSTR stock price has collapsed this year, moving from the year-to-date high of $456 to $208 today. That crash has led to a $60 billion wipeout, with its market capitalization moving from over $128 billion to $60 billion today.Strategy mNAV crashes below 1Strategy stock
The cryptocurrency market took another hit this week as Bitcoin plunged below $100,000 for the third time in November on Thursday.Notably, the latest crash caught participants off guard as many had hoped the US government reopening might trigger risk appetite and lift crypto prices. Bitcoin
After soaring by about 119.2% in the past two weeks, the FIRO price has hit a snag, pulling back to around $2.82 after hitting a high of $3.11.Nevertheless, many are confident that the pullback could be short-lived, seeing that the rally is rooted in new
Bittensor (TAO) has come under intense pressure as the broader AI-linked crypto sector absorbs a sharp downturn.The decline has pushed the token towards one of its most critical technical levels of the year, putting traders on alert as sentiment weakens and volatility rises.AI jitters weigh
Markets and geopolitics drove the news cycle on Friday, with Wall Street swinging sharply on fears of overheated AI valuations and fading hopes for a Fed rate cut.Corporate shake-ups also made headlines as Walmart named John Furner its next CEO. Tensions rose in Asia after
Figure Technology Solutions posted a standout third quarter, sending its shares up 24% to $42.76 on Friday after the company delivered results far ahead of Wall Street expectations. The newly public fintech, which completed its IPO in September, reported sharp year-over-year gains across revenue, earnings,
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the company. The strike was intended to disrupt Starbucks’ Red Cup Day, which is typically one of the company’s busiest days of
Bitcoin ETFs have witnessed their second-largest outflows on record. This is against the backdrop of a crypto market that has continued its downturn despite bullish fundamentals. As a result, the BTC price fell below $96,000. Bitcoin ETF Outflows Hit Historic Levels as Market Slides US
The attacker behind the Balancer hack has begun to move and sell the stolen assets. The developments come after the protocol announced the recovery of $4.1 million of the funds. Exploiter Moves Millions as Balancer Hack Recovery Ongoing Data has shown that 6,999 ETH was