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Bitcoin’s price fell to $109,000 Wednesday afternoon after Federal Reserve Chair Jerome Powell signaled that additional rate cuts may not follow in December. Since then, Bitcoin price has leveled near $111,000.
The drop came shortly after the central bank reduced its benchmark interest rate by 0.25 percentage points to a target range of 3.75%–4%.
The cut — the Fed’s second of 2025 after a move in September — ended a long stretch of rate holds. The policy shift is intended to lower borrowing costs and support economic activity. But Powell’s comments that further cuts are not guaranteed this year sparked selling across risk assets.
Before the announcement, Bitcoin…
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One of the largest exchange-traded product managers, 21Shares, has filed a Form S-1 with the U.S. Securities and Exchange Commission for the 21Shares Hyperliquid ETF, aiming to track the performance of Hyperliquid’s native HYPE token. The ETF, which has not yet been assigned a ticker, lists Coinbase Custody Trust Company and BitGO Trust Company as custodians, signaling growing institutional support for digital assets.
The filing comes amid a wave of cryptocurrency ETF proposals, with Grayscale, Bitwise, and Canary also moving forward this week with products tied to Solana, Litecoin, and HBAR. HYPE, currently ranked as the 16th largest cryptocurrency by market cap, powers a Layer 1 blockchain designed for decentralized finance applications.
The move follows news that FalconX will acquire 21Shares, a deal set to merge FalconX’s trading infrastructure with 21Shares’ ETP expertise. The partnership could accelerate the development of derivative-based and structured crypto funds, expanding beyond traditional spot products.
The Federal Reserve cuts its benchmark interest rate by 0.25% today to 3.75%-4% The last time the Federal Reserve cut rates was in September 2025.
The cut in September was their first rate cut of the year, following a period of rate holds.
In general, the Fed lowers borrowing costs for consumers and businesses, aiming to stimulate spending and investment. At the same time, some feel that a rate cut signals underlying economic weakness.
Yesterday, Bitcoin was trading at $116,000 yesterday but since slumped down to under $111,000 earlier today. Bitcoin’s price slightly jumped to the high $111,000s as the news came out. It is currently trading at $111,470….
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At Money 20/20 in Las Vegas, Michael Saylor gave a familiar, bullish sentiment for Bitcoin, predicting it could hit $150,000 by the end of 2025 and potentially reach $1 million within the next four to eight years.
Speaking to CNBC, Saylor outlined both the industry-wide shifts in digital assets and the evolving investment products his company is offering, framing them as key drivers for institutional adoption.
Saylor highlighted a milestone for Strategy: the company recently received its first credit rating from S&P — B-minus — making it the first Bitcoin-focused treasury company to be rated.
“It’s a very auspicious start because it represents institutional adoption…
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At a Glance The GENIUS Act in the U.S. gave private stablecoin issuers a legal framework while stalling a government issued CBDC. Tether, issuer of USDT, earned record profits and became one of the largest private holders of U.S. Treasuries. The company’s cooperation with regulators and law-enforcement shows how stablecoins function as compliance rails, not as alternatives to them. Many Bitcoin advocates now align with Tether’s ecosystem, unintentionally helping extend the fiat system they claim to resist. Bitcoin’s Quiet Compromise
When the GENIUS Act became law on 18 July 2025, the crypto industry celebrated it as the end of regulatory uncertainty. The Act requires licensed…
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Bitcoin price’s recent rally yesterday ran into resistance just above $116,000, settling under $113,000 at the time of writing, as traders weigh broader macroeconomic signals ahead of today’s Federal Reserve announcement.
The cryptocurrency market’s total capitalization has retreated 1.4% over the past 24 hours to $3.81 trillion, according to Bitcoin Magazine Pro data, even as U.S. equities continue to reach fresh highs.
Attention, both in the bitcoin and broader markets, is squarely on the Federal Open Market Committee (FOMC) rate decision coming later today, widely expected to deliver a 25-basis-point cut to the benchmark interest rate.
Cooler-than-expected…
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Happy Wednesday. Equities stayed strong, while crypto cooled slightly after recent rallies ahead of key inflation data. Elsewhere, Western Union unveiled its stablecoin push and its new US Dollar Payment Token (USDPT) on Solana.
MegaETH’s public sale auction ends tomorrow, and we think it’s probably one of the best opportunities this year, if you are able to get any allocation above the minimum.
Indices
Global markets diverged sharply as traditional risk assets held firm while crypto sectors saw a broad selloff. The Nasdaq 100 (+0.8%) and S&P 500 (+0.3%) extended their recent…
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Germany’s Alternative for Germany (AfD) party has introduced a proposal to create a national Bitcoin reserve.
The initiative marks a potential turning point for Europe’s largest economy, which only a year ago was criticized for liquidating billions in seized Bitcoin holdings.
The motion, which needs to be approved, would make Germany the first major European nation to integrate Bitcoin directly into its national reserves, signaling a growing shift in Europe toward viewing Bitcoin not as a speculative asset, but as a sovereign reserve instrument.
AfD’s vision for a Bitcoin as “state-free money”
The AfD’s motion, submitted last week, calls on the federal…
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