The Federal Reserve has sought to cut rates urgently amid a global market selloff. However, emergency rate cuts could create more panic. Global markets suffered a sharp fall on Monday, spooking investors and fueling speculation that the Federal Reserve might need to step in faster. “I'm calling for an emergency 0.75% cut in the Fed … Read more
Crypto markets were in the red at the start of the week. However, Bitwise's CIO has three pieces of advice for investors. Crypto investors could be forgiven for feeling fear, uncertainty and doubt — or FUD, abbreviated in industry parlance — after a massive selloff saw the crypto's total market capitalization drop 18% to $1.8 … Read more
Japan's stock market rallied more than 10% on Tuesday. Bitcoin and crypto may have set a new floor after heavy losses in the last four days. All eyes turned to the US stock market open. Is the garbage out? On Tuesday, investors saw a 10.2% rebound in Japan's bellwether Nikkei stock index, hoping that the … Read more
Global capital markets saw Bitcoin and Ethereum pull double digits on Monday. Investors in a Bitcoin ETF remained steady. Monday's market turmoil led to $1 billion in liquidations, while bitcoin fell more than 17%. But investors in BlackRock's spot bitcoin exchange-traded fund are ambivalent. According to data from the investment firm, outflows — investments in … Read more
Bitcoin options traders are still betting on a rise to $100,000 before the end of the year. Trading data shows a positive outlook through Monday's reversal. A bloody Monday in the markets didn't bother bitcoin traders, who were betting the price would hit $100,000 by the end of the year. Options that pay when bitcoin … Read more
The Bank of Japan cut another rate hike this year. After a major recession that began late last week, the decision has returned to the rest of the world. On Monday, Japan’s stock market posted its worst performance since 1987. Good news for cryptocurrencies from Tokyo. Responding to recent market volatility, the Bank of Japan … Read more