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BREAKING: DFS says, “Hey, NY banks, you gotta toughen up your compliance game if you wanna play with virtual currency.”
New rule: Use fancy blockchain tools to sniff out bad stuff and keep your customers from losing their shirts.
Details? Oh yeah, they got those:
Traders have been split – do they front-run expected Fed rate cuts and ETF chatter, or wait for clearer signals? The Altcoin Season Index sits at 70/100, suggesting capital is already rotating away from $BTC dominance and into higher-beta plays. Honestly, it’s like watching a game of financial chess. 🧐
Ah, Binance Coin (BNB) has finally decided it’s had enough of being boxed in, breaking out of the downward channel that was dragging it down since late 2024. After a few months of playing it safe, the price is now pushing higher with an undeniable flair. The weekly chart is all smiles, showing steady gains as the buyers call the shots. 🏆
The Fed now finds itself in a veritable three-ring circus, juggling a feeble job market, inflation that refuses to behave, and the delightful political fanfare from Washington that’s about as subtle as a brass band in a library. Bravo, Fed, bravo! 🎪
Positive Funding Rates, an uptick in the ruthless Taker Buy Dominance, and the whales’ graceful waltz on the blockchain stage suggest that PEPE might just pirouette past its $0.00001272 barrier. Bravo, maestro, but do not applaud just yet.
Bitcoin, that mischievous scamp, is thumbing its nose at seasonality trends with a cheeky 8% gain, making this September its best since 2012. 🕺💸
Together, these signals show conviction, even as profit-taking risks remain high.
According to Bloomberg (you know, the place where all the serious money people hang out), LMAX’s exchange is already moving over $40 billion in daily volume across forex and digital assets. And it turns out, their customers want more. And by more, they mean *high-leverage access* to crypto markets. Because, who needs a calm, rational approach to investing when you can have *100x leverage*?
In a cheeky post on the interwebs, our very own CryptoQuant smarty-pants, Maartunn, chatted about this latest kerfuffle in the futures trading volume. The way I see it, futures volume here ain’t some secret agent business-it’s just the amount changing hands in futures-related trades on those fancy derivatives exchanges.
