Crypto News

Federal Reserve Likely to Cut Rates by 25 Basis Points in November

A new analysis shows a 97.7% chance that the Federal Reserve will lower interest rates by 25 basis points this November, with future cuts expected

Bitcoin Contract Holdings Dip Below $40 Billion Amid Market Fluctuations

As of October 22, Bitcoin contract holdings plummet to $39.72 billion, marking a 2.56% decline. The CME platform faces the largest drop at 5.2%, highlighting significant market changes.

Bitcoin Futures Open Interest Drops 4.15% on CME Platform

On October 24, Coinglass data shows a 4.15% decrease in Bitcoin futures open interest on the CME platform, now at 164,500 BTC. Total open interest across all platforms stands at about 576,800 BTC, ...

Fed's November Rate Cut Probability at 89.1%, CME Data Reveals

Data from CME's 'FedWatch' tool shows an 89.1% chance of the Federal Reserve cutting rates by 25 basis points in November. The possibility of keeping the current rate at 4.75%-5.00% is only 10.9%.

Bitcoin Futures Open Interest Surges to All-Time High on CME

Bitcoin futures open interest on the CME hits a historic peak of 172,430 BTC, reflecting strong institutional interest and rising long positions. Market activity intensifies as futures premium reac...