Risk assets may face stormier conditions if the Federal Reserve cuts interest rates, as expected, on Sept. 17. That’s the message from futures tied to the VIX index, a measure of expectations of volatility in the S&P 500 over the next 30 days. The index, also called Wall Street’s fear gauge, is calculated in real […]

HBAR Maintains Steady Gains Amid Institutional SupportHedera’s HBAR token posted steady gains in a 23-hour trading stretch from September 7 at 09:00 through September 8 at 08:00, trading within a tight $0.0042 band. Price action reflected just 2% volatility between key $0.22 support and resistance levels, underscoring a period of relative stability for the enterprise-focused […]

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin treasury companies were the talk of the town during the […]

Christian Catalini, co-creator of Facebook’s Libra project, warned on Friday that Stripe’s Tempo and Circle’s Arc could succeed commercially but at the cost of crypto’s decentralization ideal. Launched in 2019, Libra was Meta’s bold bid to create a global digital currency backed by a basket of stable assets. The project promised to make payments as […]

Spot ether exchange-traded funds (ETFs) logged their fifth straight day of outflows this week, shedding $952 million in total and over $787 million in the four-day week alone. The withdrawals followed a record-setting August when spot ether ETFs pulled in $3.87 billion even as bitcoin ETFs saw $751 million in net outflows, according to SoSoValue […]