The expectations of a rate cut in December could be over following the confirmation by the Bureau of labor Statistics (BLS) that it would not release the October jobs report. The market assimilated the update and traders had immediate change of expectations from the upcoming December 10 Federal Reserve meeting. Gaps In Labor Data Makes

The post Breaking: December Fed Rate Cut Odds Fall as BLS Cancels October Jobs Report appeared first on CoinGape.

Bitwise is set to launch its XRP ETF tomorrow, according to Bloomberg analyst James Seyffart. His update follows new signals pointing to coordinated movement across multiple issuers, with Grayscale and Franklin Templeton also preparing for possible November 24 releases. The developments place XRP at the center of a rapid expansion in regulated crypto investment products.

The post Breaking: Bitwise XRP ETF Set To Launch Tomorrow, Bloomberg Analyst Confirms appeared first on CoinGape.

The FOMC minutes have further cooled optimism about another rate cut at the December meeting. The minutes indicated that most Fed officials oppose a third cut this year, as they turn their attention to rising inflation. Bitcoin and the broader crypto market faced another intense sell-off today as hopes of a rate cut continue to

The post FOMC Minutes: ‘Many’ Fed Officials Oppose Further Rate Cuts This Year, Bitcoin Falls appeared first on CoinGape.

XRP price is currently facing downward pressure following a significant 12% decline over the past week, pushing the cryptocurrency below the $2 mark. In the last 24 hours, XRP has fallen by 8%, aligning with a broader market downturn, which saw a 5.12% drop across the crypto space. This marks an extension of the coin’s

The post Why XRP Price is Going Down Today? appeared first on CoinGape.