Odds of a Federal Reserve rate cut in December have fallen to about 52%, indicating increased investor uncertainty.
According to an analyst, Bitcoin sits in a liquidity set-up that has shown up before big rallies. Prices are not shooting higher yet. At press time Bitcoin trades around $104,500, down 0.5% over the past day. Related Reading: XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst Traders watched a decline of about 1.8% earlier that pushed the price near $103,400 and it briefly touched $102,850 during the move. Stablecoin Signal Points Toward Accumulation CryptoQuant analyst Moreno points to the Stablecoin Supply Ratio, or SSR, as the first clear indicator. The SSR compares Bitcoin’s market cap to the total market cap of stablecoins. It has dropped back into the 13 range. Based on historical readings, that 13 area has lined up with market lows in mid-2021 and at several moments across 2024. Reports show that when SSR fell to similar levels, liquidity quietly built up and buying followed after a period of low volatility. Liquidity Pattern Has Appeared Before Every Bitcoin Surge — And It’s Back “We’re witnessing a liquidity configuration that has only appeared a handful of times since 2020, and each instance marked a pivotal moment for Bitcoin’s trajectory.” – By @MorenoDV_ pic.twitter.com/vWKcCkyn55 — CryptoQuant.com (@cryptoquant_com) November 11, 2025 Binance Reserve Trends Add A Second Layer The second metric Moreno highlights comes from Binance. On that exchange, stablecoin balances are rising while Bitcoin reserves are shrinking. In plain terms: more cash-like tokens sit on the exchange and fewer coins are being held there. That pattern has appeared only a handful of times since 2020, according to the data he referenced. Each time, the movement suggested capital waiting on the sidelines and holders moving coins off exchanges into longer-term storage. Market Calm Can Hide Big Moves The current trading backdrop is cautious. Many investors expected a lift after news that the US Congress approved short-term federal funding through January 30, yet crypto did not rally with other risk assets. Some capital rotated back to stocks. At the same time, large holders took profits after recent highs, and momentum cooled. That mix shows how macro events can shift flows without immediately turning into crypto buying. Risk Still Exists — Structure Could Break Moreno warns this liquidity zone acts like a final structural support. If the metrics break down decisively, it could signal a deeper reset before any sustained recovery. In that scenario, buying would likely be delayed and volatility would rise. This is not a guaranteed outcome, but it is a clear risk that traders watch closely. Outlook: Limited Downside, Growing Upside Based on reports and on-chain signals, Moreno believes the risk-to-reward favors buyers at these levels. He points to the built-up stablecoin supply and falling exchange BTC reserves as reasons for that view. Related Reading: Could Shiba Inu Triple? Analyst Sees 200% Move Coming Historical patterns suggest the last three months of the year often bring gains for Bitcoin, but past behavior does not promise future returns. For now, the indicators show capital parked in stablecoins and fewer coins available on major exchanges. That creates a setup where fresh buying could push the market higher quickly if sentiment turns. Yet the opposite is possible: a break below these levels would reshape the cycle and force many participants to rethink positions. Markets will decide which path comes next. Featured image from Gemini, chart from TradingView
The Federal Reserve Chair Jerome Powell has hinted at plans to begin adding reserves back to the system. For XRP holders, the shift could prove pivotal. As the Fed prepares to inject fresh reserves, the XRP could once again benefit from an environment of expanding liquidity and easing financial conditions. XRP holders are paying close attention as Federal Reserve Chair Jerome Powell signals that the Fed will soon add reserves to its balance sheet, subtly setting the stage for the next phase of US monetary policy where digital reserves are not optional. Crypto analyst Xfinancebull has noted on X that President Donald Trump had recently mentioned that the US maintains a crypto stockpile, and XRP was among the assets held. Why Fed Reserve Growth Could Be The Spark XRP Has Been Waiting For The claims that Ripple is not just another startup, but a US-born solution to a quadrillion-dollar global payment challenge. This infrastructure is led by individuals who have met with presidents and policy architects like Brad Garlinghouse and Stuart Alderoty. Meanwhile, XRP has already held legal clarity and enterprise utility in the US. “What if XRP is not merely surviving regulation, but being positioned for integration?” XFinanceBull asked. Related Reading: Ripple Announces Major Partnership With Mastercard To Power Payments With XRP Ledger Ripple technology continues to demonstrate why XRP stands apart from every other digital asset. A publisher, Wilberforce Theophilus, highlighted that the Ripple XRP US patent number 10,902,416, and the US patent number 11,998,003 make XRP the undisputed cryptocurrency in the world. The publisher predicts that the US Gross Domestic Product (GDP) will eventually rest on the Chainlink ledger, and every asset will be hosted on the XRPL. At the same time, LINEA will serve as the secure messaging system connecting banks, while HBAR will provide the security layer that will underpin the entire network. These protocols form a coordinated framework to position XRP as the reserve asset currency, and its market capitalization could multiply exponentially. XRP was designed to replace the old financial system. Theophilus concluded that “once everything is properly positioned, individuals will be glad they joined crypto at this stage,” and he will be writing on why there are several regulations coming from the white house.” How XRP Is Inheriting The World’s Payment Rails The XRP Ledger is entering an unexpected moment that the crypto market has not seen before. JackTheRippler has stated that XRP holders should pay attention that the true value is about to be unlocked beyond imagination. He claims that a clear view of what’s unfolding will provide insights into why $10,000 and even $35,000 per XRP is not just a fantasy, but is entirely possible. Related Reading: XRP Price Gains Fade, Market Turns Cautious After Another Weak Session According to JackTheRippler, Ripple CEO Brad Garlinghouse has made it clear that Ripple is positioned to capture trillions from the global banking system, and “these are the real numbers, not speculation.” November 17 could become a historic turning point for XRPL. Featured image from Pexels, chart from Tradingview.com
The negative sentiment was driven by post-liquidity cascade volatility and uncertainty over a U.S. rate cut, James Butterfill said.
The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.
Stablecoins are an "area of enormous growth," said Fed Governor Stephen Miran as he spoke about cryptocurrency for the first time.
Challenger job cuts for October rose to their highest in more than 20 years.
Swiss banking giant UBS has taken a major step toward institutional blockchain by completing its first live tokenized fund transaction on the Ethereum network, a landmark demonstration of blockchain’s real-world utility. By bringing fund operations into blockchain rails, UBS demonstrates how tokenization can eliminate settlement friction, improve transparency, and expand access to digital asset markets. How Institutional Adoption Of Ethereum Is Accelerating In the echelons of global finance and true innovation, UBS, the legendary Swiss banking giant, has announced the completion of the first live tokenized fund transaction on the Ethereum blockchain. According to CryptoGucci’s post on X, UBS has achieved the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA). This agreement marks a milestone in blockchain infrastructure for the $100 trillion fund industry. Related Reading: Ethereum Demand Climbs As Monthly Transactions Hit New All-Time High The transaction involved the tokenized UBS USD Money Market Investment Fund Token (uMINT) on the ETH blockchain. This achievement is engineered to drive unprecedented operational efficiencies and unlock new possibilities for product composability within the traditionally rigid fund industry. Meanwhile, UBS’s proprietary tokenization platform is leading this charge, a platform designed to automate key functions. As articulated by Mike Dargan, UBS Chief Operating Officer and Technology Officer, this transaction represents a key milestone in how smart contract-based technologies and advanced technical standards are poised to enhance fund operations and the investor experience. Ethereum is entering a new era of a super-cycle, where the current price of ETH does not reflect the monumental improvements in its fundamental infrastructure over the past several months. A full-time stock investor and trader, known as StockTrader_Max, has noted that the current situation won’t last much longer, due to the 8-year historical chart of ETH. It also shows that the ETH uptrend over the past 5 years has been in a consolidation phase that’s likely nearing its end. However, this breakout won’t emerge before the end of 2025. Those traders and investors who are patient will benefit exponentially from the super-cycle that is inevitably approaching. This breakout will occur as Wall Street and the broader financial industry adopt the blockchain space and start building on ETH. The Repo Market Just Flashed A Signal Co-founder of weRate_Official, Host of CoinCompassHQ, and bestselling author at Forbes 30U30, Quinten Francois, has revealed that the repo market had just broken. The Federal Reserve just executed an overnight repo operation, injecting a staggering $29.4 billion into the banking system, which is the biggest since the chaos of 2020. Related Reading: Ethereum Emerges As The Sole Trillion-Dollar Institutional Store Of Value — Here’s Why In 2019, this exact scenario triggered an emergency liquidity injection of $255 billion, followed by $6 trillion in Quantitative Easing (QE) after the COVID pandemic conveniently appeared. “Ignore the noise, because this is how every major liquidity cycle begins,” Francois mentioned. Featured image from iStock, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A ruling last week declaring that Custodia is not entitled to a master account is not the end of the road, said a TD Cowen analyst.
Investors interpreted Fed Chair Powell's remarks on the likelihood of December rate cuts as hawkish, Head of Research James Butterfill said.
The 10th Circuit Court of Appeals ruled against Custodia nine months after hearing arguments in the company's effort to secure a Federal Reserve master account.
An appeals court has ruled on Friday that digital asset bank Custodia is not entitled to a Federal Reserve master account.
The Kansas City Fed President said lower rates can't do a lot to improve what he calls "structural changes" in the labor market.
Bitcoin slid to its $110,000 support as the broader crypto market shed $80 billion following the Federal Reserve’s interest-rate cut and a new U.S.-China trade agreement.
As the market awaits the Federal Open Market Committee (FOMC) meeting, Ethereum (ETH) is attempting to hold the $4,000 area as support. Despite the volatility, some analysts have predicted that the King of Altcoins may soon start its long-awaited price discovery rally, while whales pour millions into the cryptocurrency. Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M Ethereum Price Set For $8,000 On Wednesday, Ethereum fell below the $4,000 level once again, falling to a two-day low of $3,926. After a massive Q3 rally, the King of Altcoin has struggled to hold the crucial psychological barrier as support and has been unable to reclaim the $4,200 resistance for most of October. Earlier this week, the cryptocurrency retested the key resistance level after surging 7% over the weekend, but retraced on Tuesday alongside the rest of the market. Amid this performance, some analysts suggested that ETH will likely experience more volatility, fueled by the Federal Reserve (Fed)’s interest rate cut announcement. Daan Crypto Trades noted that ETH’s big test is around its previous cycle highs near the $4,100 level. To the trader, “this is the level to break and hold if the bulls want to get back to the highs in due time.” On the contrary, a new rejection from this area could send the price to retest $3,800 and turn the level into a major resistance in the larger timeframes. Nonetheless, Crypto Yhodda stated that Ethereum is “getting ready for the last euphoric run,” as its performance resembles its 2021 price action, when the altcoin recorded a massive price discovery rally after breaking out of its four-year consolidation. Similarly, analyst Crypto Jelle asserted that shakeouts at key support levels are expected, adding that the cryptocurrency’s rally “still looks very promising.” Jelle highlighted an 18-month bullish megaphone formation on Ethereum’s chart, which it broke out of during the Q3 rally. The analyst emphasized that ETH is still holding the previous highs and the breakout level as support, suggesting that a “hated rally” to the $8,000 target could happen soon. Whales Bet Big On ETH Online reports highlighted that large-scale investors have been on a buying spree despite the altcoin’s pullback. As reported by NewsBTC, Santiment data showed that whales added 218,470 ETH in the past week, signaling that major investors are gradually re-entering the market. Meanwhile, on-chain analytics platform Lookonchain revealed that whales continued to buy ETH over the past 24 hours. Notably, two newly created addresses received a total of 33,948 ETH, worth $135 million, from digital asset prime brokerage FalconX on Wednesday morning. According to Lookonchain, the two addresses likely belong to BitMine, the largest Ethereum-based treasury company, which recently unveiled another 27,316 ETH purchase, worth $113 million. Related Reading: Solana, Litecoin, Hedera ETFs Ready? Experts Expect Tuesday Launch Despite Goverment Shutdown In a Monday X post, BitMine provided its latest holdings update, which now surpasses the $14.2 billion mark. As of October 27, the company holds 3,313,069 ETH, 192 BTC, an $88 million stake in Eightco Holdings for its “Moonshot” initiative, and unencumbered cash of $305 million. A month ago, BitMine revealed it had reached the 2% milestone of its goal to own 5% of Ethereum’s total supply. With the recent purchases, the company has achieved 55% of its goal, currently holding 2.75% of ETH’s supply. As of this writing, ETH is trading at $3,990, a 3.5% drop in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The Federal Reserve cut rates by 25 basis points today and hinted that its balance-sheet runoff may soon end, arguably the bigger story for Bitcoin. With the overnight reverse repo facility nearly empty at roughly $14 billion, any further quantitative tightening now drains bank reserves directly. That shift means even small tweaks to QT have […]
The post Fed cuts 25 bps, but there is another hidden macro challenge looming appeared first on CryptoSlate.
Though acknowledging growing weakness in the labor market, Powell said a December rate cut is not a "foregone conclusion."
Lower interest rates typically make traditional investments less attractive, and investors seek higher returns through assets like crypto.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The crypto market paused midweek as traders looked to the Federal Reserve’s interest-rate call and progress on a potential U.S.-China trade agreement.
Crypto-supportive Federal Reserve Vice Chair for Supervision Michelle Bowman is one of five candidates to lead the central bank.
Bitcoin investment products bounced back to add $931 million, while Ethereum funds slipped to $169 million in net outflows.
The Kobeissi Letter reported bank cash at the Federal Reserve fell to about $2.93 trillion; Adam Livingston says that level signals a shift that would favor bitcoin.
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to keep investor sentiment bullish. Amid this record-setting environment, crypto analyst Ash Crypto posted an observation on X that asks the question of how high Bitcoin would trade when it finally catches up to the US stock market. US Stock Market’s Record-Breaking Momentum The S&P 500’s record-breaking climb represents a continuation of the stock market’s steady ascent through the second half of the year, which has been boosted by the Fed rate cut in September, expectations of further rate cuts, and confidence in corporate performance. Related Reading: Analyst Says Understanding This Bitcoin Structure Is Like Having A Superpower The tech-heavy US 100 Index led the charge, climbing past 25,000 for the first time ever this week as large-cap technology stocks posted strong quarterly results. This trend means that the long-running bull trend in traditional markets is intact. However, what is really compelling is the contrast between Wall Street’s all-time highs and Bitcoin’s relative stagnation. After starting October in a breakout move to new all-time highs above $126,000, the leading cryptocurrency went on a flash crash that took many traders by surprise. At the time of writing, Bitcoin is consolidating around $111,000 despite other asset classes showing strength. Ash Crypto’s post argues that Bitcoin’s price is being artificially held back compared to how stocks have responded to the same macro backdrop. If Bitcoin had followed the percentage gains of the S&P 500 or US 100 Index, it could already be trading between $140,000 and $150,000. When Bitcoin Finally Catches Up The first surge of liquidity always appears in the stock market whenever the Fed begins to slow quantitative tightening (QT) or hints at loosening conditions. This is because the stock market is where the deepest capital pools and institutional participation exist. Equities react first because that’s where the credit channels are most established. Related Reading: Bitcoin Supply In Profit Sees Sharp Decline With Market Crash – Here Are The Numbers Bitcoin is still positioned outside the traditional financial system, and hence, tends to lag this initial move. But once the excess liquidity starts spilling into other assets, Bitcoin’s price has always increased at a much faster pace than stocks. According to Ash Crypto, Bitcoin will catch up soon and hit at least $130,000. Notably, Bitcoin’s on-chain data is already showing signs of the impending surge. For instance, recent figures show that available sell-side liquidity (the total amount of Bitcoin sitting on exchanges ready to be sold) has dropped to just 3.12 million BTC, its lowest point in seven years. Furthermore, data shows that long-term investors have bought 373,700 BTC in the past 30 days. At the time of writing, Bitcoin is trading at $111,600. Featured image from Pixabay, chart from Tradingview.com
Fed Governor Chris Waller’s payments account proposal would let the private sector innovate at the front end and keep the Fed as the trusted settlement layer behind it, argues Digital Self Labs’ Linda Jeng.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
At its first event on payment innovations, the Federal Reserve's Christopher Waller suggested a compromise over the crypto world's "master account" aims.
Federal Reserve Governor Waller says the central bank plan is entering a new era and says crypto will "no longer be on the fringes."