Crypto Daybook Americas: Bull Momentum Stalls Ahead of Fed Rate Cut

Quick Summary:

In the broader market, AVAX, the native token of the Avalanche network of blockchains, struggled to chew through selling pressure near $55, teasing a "double top" pattern on the charts.

Trump Advisers Seek to Shrink or Eliminate Bank Regulators (The Wall Street Journal): Advisers to President-elect Donald Trump are said to be exploring eliminating or consolidating major U.S.bank regulators such as the FDIC and CFPB, raising concerns about deposit insurance stability and financial industry oversight.

Ether Volume Overshadows Bitcoin on HyperLiquid as Platform Activity Hits $500B (CoinDesk): HyperLiquid’s ether perpetuals outpaced bitcoin this week, driving the platform's total trading volume past $500 billion.

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Article Details

Author / Journalist: Omkar Godbole, Shaurya Malwa

Category: Crypto

Markets: United StatesCubaVietnam

Topics: Crypto Daybook Americas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 12:00:00 (4 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 1531 words

Reading Time: 9 minutes read

Sentences: 48 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24501055

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About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 4 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

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Publisher ID: #8

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