Odds of December Fed rate cut plunge to 33% as BTC falls below $89K

Bitcoin futures traders are showing resilience despite the cryptocurrency's price dropping to $89,000. The stability in the derivatives market suggests that traders may be anticipating a potential price reversal, indicating a level of confidence amidst the recent downturn.

XRP's price is at risk of a 25% decline to $1.55 due to a significant drop in ledger activity over the past four months. This downturn has raised concerns among analysts regarding the cryptocurrency's future performance.

The likelihood of a Federal Reserve rate cut in December has dropped to 33%, down from 67% at the beginning of November, coinciding with a decline in Bitcoin's price below $89,000. This shift reflects a significant change in investor sentiment and market dynamics.

Anchorage Digital Bank has partnered with Mezo to integrate BitcoinFi tools into its custody platform, enabling institutions to borrow against Bitcoin (BTC) in a compliant manner. This collaboration aims to enhance institutional access to Bitcoin-backed loans, providing a structured path for financial entities to leverage their BTC holdings.

The 21shares Solana exchange-traded fund (TSOL) has launched with over $100 million in assets under management, indicating strong investor interest despite a challenging market environment. This debut comes at a time when the cryptocurrency sector is experiencing volatility, particularly with Solana's recent price fluctuations.

The 21shares Solana exchange-traded fund (TSOL) has launched with over $100 million in assets under management, indicating strong investor interest despite a challenging market environment.

Bullish reported record revenue and profit for the third quarter; however, this strong performance did not positively impact investor sentiment, as the company's share price continued to decline.

Bullish reported record revenue and profit for the third quarter; however, this strong performance did not positively impact investor sentiment, as the company's share price continued to decline.