FomoScope - Crypto FOMO Detection & Analysis

coinpedia.org Mar 20, 2025 05:27

Fed Rate Decision: Crypto Rebounds with a $2.9T Comeback Amid Economic Uncertainty - The post Fed Rate Decision: Crypto Rebounds with a $2..25%–4.50%, and the crypto market wasted no time bouncing back! With a $2

FOMO: 90%

cointelegraph.com Mar 20, 2025 04:59

Bitnomial drops SEC lawsuit ahead of XRP futures launch in the US - Crypto exchange Bitnomial has voluntarily dismissed its lawsuit against the US Securities and Exchange Commission ahead of launching its Ripple XRP futures in the United States.The Chicago-based firm said in a March 19 statement to X that its XRP (XRP) futures are regulated by the US Commodity Futures Trading Commission and will be available from March 20 for current users.“Bitnomial is launching the first-ever CFTC-regulated XRP futures in the US — physically settled for real market impact,” Bitnomial said.“Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves,” it added.Source: Bitnomial The exchange filed a self-certification with the CFTC to list XRP futures contracts on its exchange in August 2024. However, the SEC blocked the move, pushing for Bitnomial to register as a securities exchange before it could list the futures.Bitnomial sued the SEC and its five commissioners on Oct. 10, accusing the agency of overextending its jurisdiction by claiming that XRP is a security.Bitnomial’s XRP futures launch follows Ripple CEO Brad Garlinghouse’s March 19 announcement the SEC opted out of continuing an appeal against a ruling labeling XRP as not a security for retail sales.A July 13, 2023 judgment from Judge Analisa Torres deemed XRP is not a security for retail sales; however, she opined it was when sold to institutional investors, as it met the conditions set in the Howey test. The SEC was appealing Torres’s decision.The SEC initially launched legal action against Ripple Labs in December 2020, accusing the firm of illegally selling its token as an unregistered security.Related: Vermont follows SEC’s lead, drops staking legal action against CoinbaseUnder the Trump administration, the SEC has slowly been walking back its hardline stance toward crypto forged under former SEC Chair Gary Gensler’s reign, dismissing a growing number of enforcement actions against crypto firms.The agency’s acting chair, Mark Uyeda, who took the reins after Gensler resigned on Jan. 20, flagged plans on March 17 to scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers.Uyeda also said in a March 10 speech that he had asked SEC staff for options to abandon part of proposed changes that would expand regulation of alternative trading systems to include crypto firms, requiring them to register as exchanges. Magazine: SEC’s U-turn on crypto leaves key questions unanswered

FOMO: 90%

cointelegraph.com Mar 20, 2025 04:54

US recession would be a big catalyst for Bitcoin: BlackRock - BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo Finance.Mitchnick said Bitcoin (BTC) is catalyzed by increased fiscal spending, deficit accumulation, lower interest rates and monetary stimulus — all of which tend to happen in recessions.“And it’s catalyzed to some extent over fears of general social disorder,” Mitchnick pointed out. “And that too, unfortunately, is something that can happen in a recession.”🚨 LATEST: BlackRock Global Head of Digital Assets Robbie Mitchnick says, “If you look at Bitcoin fundamentally on a long-term basis, it really seems like an asset that should be uncorrelated or even inversely correlated against certain risk factors that exist.” pic.twitter.com/bC0zKqF3xB— Cointelegraph (@Cointelegraph) March 19, 2025The BlackRock executive said the market is “not particularly well calibrated” to Bitcoin, and many still view it as a risk-on asset.Risk-on assets, such as stocks, commodities and high-yield bonds, tend to suffer during times of economic crises, but Mitchnick said in September that he believed the asset was mislabeled. “But that’s where the opportunity comes in for education in a market and asset class that’s still very nascent.”Mitchnick said BlackRock has been helping some of its clients see through some of these conflicting narratives.He added that some of BlackRock’s more “sophisticated long-term Bitcoin accumulator” clients see the market correction as a buying opportunity and aren’t bothered by the current economic headwinds.Meanwhile, researchers from cryptocurrency exchange Coinbase were less bullish, saying crypto’s positive outlook for the first quarter had “clearly been misplaced” by recession fears and the recent tariffs imposed.“Fears of a dramatic US economic slowdown or even recession have caused sentiment to turn sharply,” Coinbase Institutional said in its monthly outlook report on March 17.Related: Crypto market’s biggest risks in 2025: US recession, circular crypto economyBlackRock has played a key role in the institutional and wealth advisory adoption of Bitcoin through its iShares Bitcoin Trust ETF — which holds the most net assets of any Bitcoin investment product at $48.7 billion.Mitchnick isn’t worried about the mass net outflows across most spot Bitcoin exchange-traded funds of late — pointing out that it has mostly come from hedge funds’ unwinding of the spot futures arbitrage trade, not the long-term buy-and-hold investors.Bitcoin is currently trading at $86,000, up 3.8% over the last 24 hours.Magazine: Meet lawyer Max Burwick — ‘The ambulance chaser of crypto’

FOMO: 88%

cointelegraph.com Mar 20, 2025 04:41

Leveraged bets on FOMC meeting ‘guaranteed recipe to lose money’ — Trader - A crypto trader warns that going heavy on leverage before the monthly United States interest rate decision is a surefire way to lose money in crypto trading. After the Federal Reserve’s statement confirmed the US central bank intends to leave interest rates unchanged in its target range between 4.25% to 4.5%, Bitcoin’s price barely moved, as the market had already widely expected no change in the interest rate. However, after Fed chair Jerome Powell said the probability of a recession is “not high,” despite independent economists raising the odds of one, the overall crypto market saw an upswing, leaving traders betting on the downside caught off guard. “A guaranteed recipe to lose money,” MN Trading Capital founder Michael van de Poppe said in a March 19 X post. CoinGlass data, which tracks a 12-hour window, shows $188.77 million was liquidated from the crypto market, with $127.80 million of that being short positions.Approximately $257.03 million in short positions have been liquidated over the past 24 hours. Source: CoinGlassBitcoin (BTC) surged 3.84% in six hours after Powell’s speech to hit $87,427 before pulling back to $85,760 by publication. Ether (ETH) climbed 2.27% in the same period, while XRP (XRP) gained 2.40%, adding to its 7.50% rally leading into the interest rate announcement, according to CoinMarketCap data.“The initial statement isn’t as important. The words from J. Powell are,” van de Poppe said, adding, “That’s what likely defines Bitcoin price action for the coming period.” Bitcoin is up 3.49% over the past 24 hours. Source: CoinMarketCapRelated: Bitcoin risks new death cross as BTC price tackles $84K resistanceCrypto analyst says the Bitcoin rally will not continue in the near termCrypto trading account BitcoinHyper said, “FOMC meeting made Bitcoin pump directly into the big liquidation level.” “Even if BTC goes higher, this is not a good level to look for new long positions,” the trading account said.Matt Mena, crypto research strategist at 21Shares, made a similar forecast, saying that while the US Federal Reserve’s “dovish shift” on interest rates could give Bitcoin a short-term boost, it may not be sustainable.“Bitcoin is likely to remain in consolidation mode until a clear catalyst emerges,” Mena said. “Looking further ahead, the broader macro environment remains supportive of a bullish case for BTC,” Mena said in a statement viewed by Cointelegraph.According to Powell, the median forecast from FOMC members is that interest rates will be at 3.9% at the end of 2025 and 3.4% at the end of 2026.Magazine: Classic Sega, Atari and Nintendo games get crypto makeovers: Web3 GamerThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%

coinpedia.org Mar 20, 2025 04:36

Bitnomial Drops SEC Case After Ripple Win, Set to Launch XRP Futures - . The SEC, which initially filed the lawsuit in December 2020 over claims that Ripples XRP was an unregistered security, has now dropped its appeal, marking a major shift in …

XRP

FOMO: 90%

coincu.com Mar 20, 2025 03:58

Arthur Hayes Predicts Bitcoin Bull Market Amid Fed Policy Debate - Arthur Hayes suggests changes in Fed policy could drive Bitcoin to $77,000. Current market dynamics analyzed.

BTC

FOMO: 85%

coinpedia.org Mar 20, 2025 03:17

Ripple vs SEC Ends: XRP to Be Part of U.S. Digital Asset Stockpile, ETFs Launching Later This Year - The post Ripple vs SEC Ends: XRP to Be Part of U.S.. XRP, the digital currency tied to Ripple, has found itself at the center of this conversation, with Ripple CEO Brad Garlinghouse offering details …

XRP

FOMO: 85%

coincu.com Mar 20, 2025 02:59

President Trump to Announce Crypto Policy at Digital Asset Summit - President Trump will address the Digital Asset Summit, revealing new U.S. crypto policies and announcing a strategic Bitcoin reserve.

BTC

FOMO: 90%

newsbtc.com Mar 20, 2025 02:30

Bitcoin Long-Term Holder Net Position Turns Green For The First Time In 2025 - Bitcoins long-term holders have resumed accumulation in what is a notable shift in investor sentiment despite the turbulence that has gripped the market in recent weeks. Particularly, data from on-chain analytics platform Glassnode shows that the BTC: Long-term holder net position change...

BTC

FOMO: 90%

decrypt.co Mar 20, 2025 02:26

Bitcoin Surges Amid Eased Financial Conditions, Analyst Predicts All-Time High in Q2 - Bitcoin has rallied as the Fed eases balance sheet reduction, fueling risk appetite amid shifting global liquidity conditions.

BTC

FOMO: 90%

feeds2.benzinga.com Mar 20, 2025 02:03

Bitcoin, Ethereum, Dogecoin Rally On Jerome Powell\s Dovish Signals: Analyst Says \Lead Weight Has Been Lifted\ As Ripple-SEC Case Concludes - Leading cryptocurrencies ushered in a strong rally Wednesday after Ripple Labs announced victory in the SEC lawsuit and dovish signals from Federal Reserve Chair Jerome Powell. read more

BTC

FOMO: 90%

beincrypto.com Mar 20, 2025 01:00

Hyperliquid (HYPE) Surges 15% as Indicators Signal Further Gains - Hyperliquid (HYPE) is showing strong technical signals across multiple indicators, with the token surging more than 15% in the last 24 hours. The platform continues to demonstrate impressive market performance, generating $47 million in fees over the past 30 days and outperforming major...

ETH

FOMO: 85%

ambcrypto.com Mar 20, 2025 02:00

Ethereum whales dive in as ETH tests critical level – Whats next? - ETH is accumulating bullish momentum after testing a key demand zone.

ETH

FOMO: 85%

news.bitcoin.com Mar 20, 2025 01:30

Ripple Declares Victory as SEC Retreats—CEO Discusses Next Steps, Cross-Appeal - With the SEC dropping its appeal, Ripple’s CEO outlined the company’s next steps, shifting from defense to offense in a major victory for the crypto industry. Ripple Spent $150M Fighting SEC: ‘We Still Have a Cross-Appeal Pending’ Ripple CEO Brad Garlinghouse outlined the company’s next steps after the U.S. Securities and Exchange Commission (SEC) decided […]

FOMO: 90%

fxstreet.com Mar 20, 2025 00:04

Bitcoin whale demand surges by $13B over three days - Bitcoin (BTC) broke above key support levels after the US Fed announced a rate pause, aligning with market expectations.

BTC

FOMO: 85%