Live news: Traders price in fed rate hike for December as bitcoin and gold retreat
Markets price in a December Fed rate hike ahead of U.S. inflation data, while bitcoin and gold fall and oil retreats on easing Iran tensions. Source：CoinDesk
Bitcoin price eyes $74K as Fed rate-hike bets hit 96% after Waller speech
Bitcoin price action and stock futures trended lower after Fed governor Christopher Waller said that he would vote to raise interest rates by 0.25% at the…
Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures
The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction. Source：CoinDesk
BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions
US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.…
Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving liquidity and spot ETF demand…
Why prediction markets and Wall Street pros so often fail to see what’s coming
The probabilities make it almost certain that macro forecasts will be wrong far more often than right. Source：MarketWatch
Robinhood backs tokenization of its stock on OKX–ICE platform even as most companies opt out
The brokerage firm said it would rather help build tokenized markets than sit on the sidelines, following a wave of early corporate pushback to the…
Bitcoin, tech stocks brush off Nvidia nerves as analyst mulls $68K target
Bitcoin rebounded from an 11week low near $73,500 as the Nasdaq Composite rallied despite selloff in Nvidia shares. Source：Cointelegraph
How SpaceX was able to avert one of the market’s biggest fears about its stock
Some investors worried that SpaceX’s volatile stock would have an extreme impact on indexes, but the company’s staggered lockup schedule has mitigated this…
Google’s AI chip push adds more pressure on Nvidia
Google’s specialised AI chips threaten greater competition as Nvidia faces a leadership investigation. Source：CoinDesk
As AI trade falters, Goldman Sachs says this lagging region is now positioned to outperform
Precisely because it has long been hamstrung by rigid labor markets and overregulation, European stocks may paradoxically be bigger beneficiaries of the AI…
Analysts see no broader ‘contagion’ from $6.3B Binance hack
Binance’s pledge to cover all user losses helped contain the fallout from the $6.3 billion hack, analysts said. Source：Cointelegraph