Hot PPI lifts PCE estimates as economists see risk of another FED hike
A hot ppi print pushed PCE estimates higher as economists warn of hike risk, while futures price lower odds for an immediate move.
Crypto liquidations hit $948m as Bitcoin falls under $80k; ETF buyers underwater
Crypto liquidations totaled $948.22m in 24 hours as Bitcoin slipped below $80k before bouncing. CoinGlass data shows longs dominated, with Ethereum leading.
Altcoin drawdowns outpace Bitcoin; Ethereum down 5.5% on macro pressure
Altcoin drawdowns outpaced Bitcoin as Ethereum fell 5.5% amid CPI at 3.7% and a 28% October hike chance; hedging doubled, according to the report.
Sberbank crypto trading cleared in Russia, target launch Dec 1
Sberbank crypto trading cleared as the Bank of Russia lists it as an exchange operator and depository; launch targets Dec 1 but retail use faces strict caps.
XRPN shareholder vote preceded disclosure of XRP inflation bug
XRPN shareholder vote came before an official description of an XRP inflation bug, with the patch landing days earlier and investors’ redemptions already set.
DeFi Development adds 22,070 SOL as CHAD preferred stock nears $10
DeFi Development added about 22,070 SOL as CHAD preferred stock neared $10, with weekly buys shrinking and a $300 million at-the-market funding the purchases.
Crypto Fear and Greed Index drops to 56 as Bitcoin hovers near $82,000
Crypto fear and greed index fell to 56 while Bitcoin traded near $82,000, with ETF outflows and rising yields coinciding with the cooler sentiment.
Thailand Bitcoin and Ethereum ETFs allowed under new rules, overseas access curbed
Thailand Bitcoin and Ethereum ETFs will operate under a domestic-only framework from Oct. 16 as the SEC restricts retail access to overseas funds.
Evernorth XRP accounting keeps unrealized gains off earnings as XRPN lists Oct. 12
Evernorth XRP accounting will use cost-minus-impairment due to Ripple ties, leaving unrealized gains out while it lists on Nasdaq with 473 million XRP.
Bitcoin, Ethereum and Solana ETFs post October outflows
bitcoin ethereum and solana etfs post October outflows as two midweek Bitcoin exits dwarf early inflows, while Ethereum and Solana also finish lower.