Fedwatch Signals 57% September Rate Hike
CME’s Fedwatch Tool shows a 57% chance of a rate hike on Sept. 16, up from 39.9% on Aug. 21; Polymarket and Kalshi predict a Fed hold at 52%. #Update #Finance
Kevin Warsh
Bitcoin Chief Dismisses Stablecoin Credibility
Pablo Hernández de Cos criticized stablecoins at Jackson Hole, noting issues like par redeemability and financial integrity. Global stablecoin supply reached $308B. #Update #Crypto $USDT
Bitcoin ETFs Bleed $1.42B as Tourists Exit
Spot bitcoin ETFs saw $1.42 billion in outflows last week, highlighting concerns over “crypto tourists” selling amid AI stock distractions, says @IBKR’s Steve Sosnick. #Update #Crypto $BTC
Fed Approves Warsh as New Chair
Kevin Warsh sworn in as Federal Reserve Chair, succeeding Jerome Powell, with a term until 2030. His pro-Bitcoin stance may influence crypto markets. #Update #Crypto $BTC
Bitcoin Transformation: Kevin Warsh’s Fed Signal
Bitcoin struggles below $80,000 amid macroeconomic uncertainty as Kevin Warsh takes over as Fed Chair, signaling potential shifts in monetary policy impacting $BTC’s liquidity sensitivity. #Update #Crypto $BTC
Dogecoin Prepares for High-Beta Rally
Dogecoin ($DOGE) may be entering a final consolidation phase before a potential breakout, analysts suggest. Key buy zones identified at $0.09255-$0.10099 with risk control measures in place. #Update #Crypto $DOGE
Fed Appoints Powell Interim Chair
Jerome Powell remains as temporary Federal Reserve chair while Kevin Warsh awaits swearing-in, following Senate confirmation. Warsh is seen as more open to digital assets. #Update #Crypto
Fed Confirms Warsh as Chair Amid Split
Kevin Warsh confirmed as Federal Reserve chair in a 54-45 Senate vote, sparking debate over Fed independence and inflation control. #Breaking #Finance