Crypto traders blame Trump’s tariffs in search of ‘singular event’: Santiment
The US-China talks will “be central” to crypto traders’ market moves in the short-term, sentiment platform Santiment said. Crypto retail traders were quick to blame Friday’s broader crypto market decline on US President Donald Trump announcing a 100% tariff on China, as they often look for something to point the finger at during downturns, according
Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist
Bitcoin’s price may recover up to 21% over the coming seven days if October’s historical trends hold, an economist suggests. “Drops of more than 5% in October are exceedingly rare. This has happened only 4 times in the past 10 years,” economist Timothy Peterson said in an X post on Friday.’ He said those instances
Bitcoin may get ‘dragged around a bit’ amid Trump tariff fears: Exec
Swan Bitcoin CEO Cory Klippsten said Bitcoin’s price volatility may not be over after the cryptocurrency briefly fell to $102,000 on Friday, following US President Donald Trump’s announcement of a 100% tariff on Chinese imports. “If the broader risk-off mood holds, Bitcoin can get dragged around a bit before it finds support and starts to
Several Solana staking ETFs may win US approval within two weeks: Analyst
Several applications for Solana exchange-traded funds (ETFs) with staking could receive US approval by mid-October, ETF analyst Nate Geraci said, following fresh regulatory filings. “Guessing these are approved [within the] next two weeks,” Geraci, the president of NovaDius Wealth Management, said in an X post on Friday. Geraci noted that asset managers Franklin Templeton, Fidelity
Bitcoin’s ‘biggest bull catalyst’ may be the next Fed chair pick: Novogratz
Galaxy Digital CEO Mike Novogratz said Bitcoin’s price could see a significant rally if the next US Federal Reserve chair nominee to replace Jerome Powell is exceptionally dovish. “That’s the potential biggest bull catalyst for Bitcoin and the rest of crypto,” Novogratz said in an interview with Kyle Chasse published to YouTube on Friday. “Fed’s
Bitcoin and alts set for Fed ‘jolt,’ market isn’t ready: Economist
Economist Timothy Peterson said that the US Federal Reserve’s upcoming actions are likely to “jolt Bitcoin and alts up substantially.” Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts in the coming
TradFi to ramp up Bitcoin allocations by year-end, Wall Street veteran tips
Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told
Kalshi ‘ready to defend’ prediction markets amid Massachusetts lawsuit
In comments to Cointelegraph, Kalshi claimed that Massachusetts is “trying to block Kashi’s innovations by relying on outdated laws.” Prediction market platform Kalshi has vowed to fight a new lawsuit from the US state of Massachusetts, which accuses the company of offering unlicensed sports betting to residents. “We are proud to be the company that