Fed's "hawkish cut" and Powell's December rate cut doubts surprised markets. Schmid's dissent cited strong economy and persistent inflation, impacting rate cut odds and crypto.
Controversial $1 coin design links Trump to memecoin. FDIC nominee Travis Hill signals new digital asset policy, curbing "reputational risk" for crypto firms.
Bitcoin rebounds to $110K, driven by US-China diplomacy over Fed rates. Despite ETF outflows, Solana ETFs see inflows. Analysts predict short-term accumulation before November macro improvements.
Standard Chartered forecasts tokenized real-world assets to reach $2 trillion by 2028, driven by stablecoins and Ethereum. Regulatory clarity is key for DeFi's disruption of traditional finance.
Fed Chair Powell's hawkish remarks triggered a Bitcoin tumble. Doubts about December rate cuts and data blackout uncertainty fuel crypto volatility. Some see current dips as accumulation opportunities.
Solana ETFs launched successfully, attracting $421M despite SOL's price drop. "Sell the news" and broader market sentiment may explain the disconnect.

Get your daily dose of crypto news and insights, delivered to your inbox.
© 2024 Osiris News. Built with 💚 by Dr.P