The Federal Reserve is expected to cut interest rates on Sept. 17, for the first time in nine months. The last time the Fed cut rates was back in Dec 18, 2024, with a 25 basis point (bps). However, in the Jackson Hole Speech dated Aug. 22, Federal Chair said, "the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance", hinting at a rate cut. While the anxiety is felt within the equity markets, crypto markets are also feeling the heat. With three distinct scenarios on ...

As of September 16, three of Ethena Labs’ products were in the top 50. The platform’s native algorithmic stablecoin, USDe, trailed Hyperliquid (HYPE) in the top 20. At the same time, ENA is perched at 41st, flipping Bitget and Pepe. Even though ENA USD might be under pressure in the last week of trading, ENA crypto holders are upbeat and expect a sharp reversal in the coming days. On Coingecko, the ENA price is changing hands at around $0.70, down -15% in the past week of trading but relatively stable in ...

The recent slight drop in the price of Ethereum appears to be fuelling pessimism from several entities, including Citigroup. The financial institution is projecting that the second-largest cryptocurrency by market cap will drop further to around $4,300 by the end of 2025. Ethereum price moves to around $4,500 According to CoinMarketCap data, the ETH price is currently trading at $4,515.24, following a 1.74% decline over the last 24 hours. This comes after Ethereum had secured a high of $4,700 a few days ...

Advisors and investors may choose to add bitcoin exposure to their portfolios for many different reasons. Some are self-described crypto enthusiasts, who hold bitcoin due to their belief in its long-term application opportunities. Others may not particularly like cryptocurrency, but will hold bitcoin to capitalize on short-term price shifts and momentum. Whether driven by enthusiasm or pragmatism, both motivations offer arguably valid reasons to hold bitcoin in one's portfolio. However, there's also merit ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitwise investment chief Matt Hougan is calling "Solana season." ​ "All the ingredients are there for an epic end-of-year run for Solana," Hougan said in a Sept. 9 memo, referring to exchange-traded fund flows and strong corporate treasury demand. This "recipe" is what sparked Bitcoin's surge from $40,000 in January 2024 to over $115,000 now, he said. He also said it is what has caused Ethereum’s price to ...

Not long ago, crypto was the wild west. Meme coins soared overnight, and fortunes were made (and lost) on Twitter hype. Now, as we approach 2026, the landscape looks very different. Regulation is catching up, infrastructure is solidifying and the conversation has shifted from hype to utility. Read More: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Learn More: 6 Hybrid Vehicles To Stay Away From in Retirement So is crypto now a smart investment? Let’s take a deeper look. Also see fo ...

In Africa crypto news this week: South African finance firm Altvest Capital is set to raise $210 million to create a Bitcoin reserve treasury for its investors. Altvest is following global trends, set in motion by MicroStrategy and MetaPlanet, in adding Bitcoin to its balance sheet. In the same market, Binance has partnered with the payment platform Zapper to scale merchant payments in South Africa. Binance is a leading crypto exchange, and expanding its presence in Africa is key. From this week, over 30, ...

Key Points XRP has gained over 770% in the past three years, but remains well below its all-time high. XRP ETFs and institutional adoption could provide long-term upside, but speculative profit-taking may pressure the price in the short term. Economic slowdowns, inflation, and market uncertainty have historically caused sharp XRP declines. 10 stocks we like better than XRP › Over the past three years, XRP (CRYPTO: XRP) has surged more than 770%, a rally that has left many cryptocurrency investors ...

Bitcoin briefly rose above $116,000 on Friday after fresh US inflation data fueled expectations of a Fed Reserve interest rate cut, lifting risk assets across the board. Ether rose 2.5% to $4,519, while the overall crypto market added 1.5% to $4.1 trillion. The gains followed a week of closely watched economic releases that reinforced a shift in market sentiment. Producer price index data earlier this week showed wholesale inflation unexpectedly declined 0.1%, against forecasts for a 0.3% increase. That ...

Forward Industries, a global design company, has successfully closed a $1.65 billion private placement to establish the market’s largest corporate treasury focused on Solana . The move signals a major strategic shift for the Nasdaq-listed firm, positioning it as a key institutional player within the Solana ecosystem. According to the official announcement on Sept. 11, the financing round attracted backing from a broad mix of investment firms. This deal follows earlier reports about investors preparing a ...