News
Important Only
US stock markets are crashing as Bitcoin breaks $108k
The U.S. stock markets are in shambles, while Bitcoin is flying past $108,000, rewriting the rules of the financial game. The S&P 500 has now set a record for failure, dropping for 12 straight days—the longest losing streak in its entire history. The Dow Jones isn’t doing much better, limping into aCryptopolitan
Wed, Dec 18
ECB’s Wunsch: Four more rate cuts is a meaningful scenario that I feel relatively comfortable with
European Central Bank (ECB) policymaker Pierre Wunsch said on Wednesday that “four more rate cuts is a meaningful scenario that I feel relatively comfortable with.” Additional quotes Impact of tariffs depends on reaction in the exchange rate.
Fxstreet
Wed, Dec 18
Ripple's XRP struggles near $2.58 resistance as investors realize $1.5 billion in profits
Ripple (XRP) is up 3% on Wednesday after witnessing significant profit-taking among its investors following the launch of the RLUSD stablecoin. Whales have soaked up the selling pressure from profit-takers as XRP struggles near the $2.58 resistance level.
Strategic Bitcoin Reserve Proposed By French MEP To Bolster EU
French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.Australian Dollar depreciates as US Dollar remains solid ahead of Fed decision
The Australian Dollar (AUD) extends its losses for the second successive session against the US Dollar (USD) on Wednesday. Traders are bracing for a potential 25 basis point rate cut by the US Federal Reserve (Fed) later in the North American session.
Fxstreet
Wed, Dec 18
