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Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA
There appeared to be consensus around growing labor market risks even as sticky inflation remains an issue.
Japan's Top Banks Plan Joint Stablecoin Launch: Nikkei
Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, according to a story in Nikkei.
JPMorgan Says Crypto-Native Investors Are Likely Driving the Market Slide
Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.
CoreWeave Has No Plans to Boost Price in Core Scientific Takeover Battle
The company calls its offer for CORZ “best and final” as it counters hedge fund criticism and urges investors to back the deal.
Ethereum-Based Uniswap Adds Solana Support in Win for Tackling DeFi Fragmentation
This could simplify the user experience, removing the need to use complex bridges or switch between different wallets and applications
Citizens Sees Ether Primed for $10K as Supply Tightens and Institutional Demand Surges
The bank sees growing adoption, tighter supply and rising institutional inflows driving a sharp ether rally within two years.
Gold Tests Key Resistance Level That Could Signal the Next Bullish Phase
Bitcoin is now just 7% of gold’s total market value as it nears a $2 trillion market cap.
Bitcoin Hits Most Oversold Level Against Gold in 3 Years as BTC Risks Falling Below $100K
The BTC/Gold ratio looks most oversold since November 2022, according to the RSI indicator.
Record Surplus in September Highlights U.S. Fiscal Momentum as Bitcoin Struggles
While bitcoin hovers near $105,000, stronger government revenues and a record September surplus point to improving fiscal conditions.
'Non-Productive' Gold Zooms to $30T Market Cap, Leaving Bitcoin, Nvidia, Apple, Google Far Behind
Investors are increasingly pouring money into non-productive gold, raising alarm for the global economy while BTC lags behind.
