Markets


Markets

Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off

PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says

The key variable for risk assets is the U.S. economy as concerns of a recession linger, crypto investment firm Ryze Labs said.

Bitcoin price on Sept. 13 (CoinDesk)

Markets

Polygon's POL (MATIC) Token Spikes 15% on Binance Listing

Polygon introduced last week POL. the upgraded version the network's token, migrating from its longstanding MATIC with some tokenomics changes.

Polygon's POL price (CoinDesk)

Markets

XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K

XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.

Bitcoin and other major cryptocurrencies have been riding along relatively flat terrain.  (Marianna Lutkova/Unsplash)

Markets

Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research

RWAs continue to experience growth led by tokenized U.S. Treasuries.

Market value of onchain RWAs. (Binance Research)

Markets

Bitcoin's Dilemma: Follow Gold's Market Beating Rally or Stick With Technology Stocks?

Gold has rallied 10% to record highs this quarter, leaving behind bitcoin and Wall Street's benchmark index, the S&P 500.

Gold (Credit: Shutterstock)

Markets

Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level

High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.

Bitcoin's estimated leverage ratio. (CryptoQuant)

Markets

Bitcoin Yields as High as 45% on Offer in Pendle's New Pools

The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.

(engin akyurt/Unsplash)

Markets

Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows

Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.

Sale (Markus Spiske/Unsplash)

Markets

Bitcoin Jumps Over $58K Amid Tech Stock Rally, SUI Outperforms

SUI outperformed the market, rising over 16%, possibly due to Grayscale's new Sui Trust announcement.

Bitcoin jumped over $58,000 on Thursday amid a rally in U.S. tech stocks. (Denny Luan/Unsplash)

Pageof 638