Markets

Bitcoin Flat as Core US Inflation Holds at 2.9% in August

In brief Bitcoin rebounds slightly to $109,300 after dipping below $109,000 late last night. It’s down 1.5% in 24 hours amid August inflation data showing 2.9% year-over-year increase in core inflation. Over $970 million in crypto futures contracts liquidated in past day, with $852 million being long positions betting on price increases. Some 69% of…

Markets

Rate Cuts, Options Expiry Put Bitcoin at a Crossroads

In brief About $17 billion in Bitcoin options are set to expire Friday, one of the largest on record. Experts warn a break below $108,000 could trigger forced selling and a drop toward $96,000. Softer inflation could ease pressure and open room for a rebound into year-end. Crypto faces a critical test this week as…

Markets

FalconX Opens Door to Trading Ethereum’s Native Yield

In brief FalconX executed the first forward rate agreements benchmarked to the Treehouse Ethereum Staking Rate. The products allow institutions to manage exposure to volatile staking yields, though they aren’t available to U.S. clients. The launch follows record demand for Ethereum staking, with validator queues hitting two-year highs. San Mateo, California-headquartered FalconX said Thursday it…