Tag: Cryptocurrencies
Ethereum slid under the crucial $2,400 threshold, marking a notable local low amid widespread digital asset liquidations.
Derivatives markets experienced a surge in long position liquidations as downward momentum accelerated across major cryptocurrencies.
Broader macroeconomic uncertainties and cautious investor sentiment continue to weigh heavily on risk-on digital asset markets.
Ethereum dropped below the $2,400 threshold during the...
US Spot Bitcoin ETFs Record $261 Million in Net Outflows Amid Broader Market Correction
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U.S. spot Bitcoin ETFs registered $261 million in net outflows during the latest trading session, reversing recent inflows.
The negative flow reflects a broader market correction impacting major digital assets and investor risk sentiment.
Trading volumes across multiple approved funds remained elevated as institutional participants adjusted their portfolio allocations.
United States spot Bitcoin exchange-traded funds faced a sharp reversal...
Macro Markets React as Kevin Warsh Pushes to Scale Back Forward Guidance and Dot Plot
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Former Federal Reserve Governor Kevin Warsh is reportedly advocating for significant reforms to central bank transparency measures, targeting forward guidance and the economic projections known as the dot plot.
The potential policy shift comes amid heightened scrutiny over how Federal Reserve communications impact macroeconomic stability and risk assets, including cryptocurrencies.
Market participants are closely monitoring these developments...
Bitcoin Falls Below $81,000 as Nearly $1 Billion in Crypto Liquidations Hit Markets on Hot CPI Data
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Bitcoin fell below $81,000, trading near $80,764 as of late Asian hours on October 15.
Nearly $1 billion in leveraged positions were liquidated, with ether accounting for the majority of losses.
U.S. CPI rose 3.7% year-over-year in September, hotter than expected, reviving rate hike concerns.
Asian equities tumbled, with South Korea’s Kospi dropping over 7% and triggering circuit breakers.
Bitcoin slid below the $81,000 level during Asian...
France Proposes Strict Tax Reporting Obligations for Self-Custody Crypto Users
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France’s Ministry of Economy has introduced a new regulatory proposal targeting crypto self-custody and foreign accounts.
The measure aims to strengthen compliance by obligating digital asset users to declare all transactions executed via self-hosted wallets.
Industry advocates argue that the broad scope of the reporting framework could stifle innovation and prompt capital flight.
France is moving to tighten its regulatory grip on the...

