Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession

In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy may not yet be in a recession. Claudia Sahm on U.S. …

Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options

Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic security of decentralized networks. Permissionless Token Support Is Coming to Eigenlayer Eigen Labs revealed it is set to release …

Analyst Unveils ‘Reasonable’ Bull Market Price Target for Solana, Says SOL Following Ethereum’s 2020 Rally

A widely followed crypto believes that Solana (SOL) can reasonably climb by more than 850% before the current cycle expires. Pseudonymous analyst Kaleo tells his 643,700 followers on the social media platform X that Solana appears to be mirroring the price action of Ethereum in late 2020 just before ETH skyrocketed to its all-time high …

Can The XRP Price Cross $250? Crypto Analyst Predicts 42,000% Breakout

A crypto analyst has issued a bold price forecast for the XRP price, the native token of the XRP Ledger (XRPL). The analyst foresees a massive 42,000% breakout in XRP’s price, potentially pushing the cryptocurrency beyond the $250 mark.  Analyst Foresees XRP Price Reaching $263 Javon Marks, a crypto analyst, took to X (formerly Twitter) …

Bitcoin SV Makes A Surprise Move With 10% Uptick – Details

The market’s bullishness has now spread to altcoins with Bitcoin SV capturing some of its momentum. According to CoinGecko, the token is up over 10% since last week, becoming one of the top gainers within this market environment. Related Reading With private equity enjoying gains as well, the bullishness has leaked to the crypto market, …

MATIC: Experts Warn Of Key Support Level As Price Hits Two-Year Low Levels

MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. Related …

Dogecoin On Track To Rally 100% To $0.2; Crypto Analyst

Dogecoin has certainly dipped quite far from its highest point so far this year. While this sideways movement and a recent correction have lingered on for quite some time, the price action is a reflection of the wider crypto market movement. However, DOGE continues to attract bullish opinions among traders. Its popularity and status as …

FTM: Core Proposals Spark 16% Rally Ahead Of Sonic Mainnet Launch – Details

Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community.  Related Reading The new Sonic Labs is poised to continue Fantom’s …

US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire

The chief executive of stablecoin issuer Circle says that the US crypto industry is looking for a clear statement from presidential candidate Kamala Harris on her stance on digital assets. In a new interview with CNBC Television, Circle CEO Jeremy Allaire says that the digital assets industry is looking for Harris, who became the Democratic …

Ethereum futures leverage ratio spikes signal market shifts in 2024

Onchain Highlights DEFINITION: The Estimated Leverage Ratio is defined as the ratio of the open interest in futures contracts and the balance of the corresponding exchange. Ethereum’s (ETH) futures estimated leverage ratio saw significant fluctuations throughout 2024, indicating shifts in market sentiment and risk appetite. The data reveals a correlation between the leverage ratio and …

State of Wisconsin increases exposure to Bitcoin in Q2 via BlackRock ETF

Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 3 days ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source

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