Boring Bitcoin’s Green Light Moment Incoming?
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.The Fed has come and gone without moving the needle on bitcoin’s BTC$92,276.59 price in any meaningful way. The central bank cut rates by 25 basis points as expected, but supposedly delivered hawkish forward guidance. Still, the dollar has been sold…
Chainlink Set for Major Boost Following DTCC’s SEC Approval for Tokenized ETFs
Depository Trust & Clearing Corporation (DTCC) received approval from the SEC to start an operation of tokenizing traditional assets. Chainlink could greatly benefit from this given that it has partnered with the organization since 2024. DTCC Gains SEC Approval for Handling Tokenized Assets According to a press release, the corporation announced that its subsidiary, Depository…
Bitcoin’s price ‘fails’ twice, but here’s why a crypto-winter is still unlikely
Bitcoin’s [BTC] recovery efforts haven’t been totally successful lately. In the last 8 days, Bitcoin has tested the $94k local resistance twice. Both times, it failed to break through. As things stand, the higher timeframe trend remains bearish for the world’s largest cryptocurrency, despite the uptick from $84k over the last three weeks. Source: Darkfost…
Dogecoin Hovers Near Key Support as Fed Easing Fails to Spark Risk Rally
Dogecoin traded quietly after the Federal Reserve delivered a widely anticipated rate cut, holding key support as traders assessed what easier policy means for risk assets.News BackgroundThe Federal Reserve announced a 25-basis-point cut to its benchmark rate on Wednesday, lowering the target range to 3.5%–3.75%. While the move marked the third cut of the year,…
Breaking: Coinbase to Introduce Prediction Markets and Tokenized Stocks on Dec 17
Coinbase will finally launch its planned prediction markets and tokenized stocks on December 17. This comes as investor demand continues to extend across these sectors. Coinbase Plans Major Product Rollout Bloomberg reports that the U.S. exchange is set to announce the launch of prediction markets and tokenized equity trading at a showcase event on December…
