Ethereum (ETH) Leads $911M in 24-Hour Network Liquidations, Largest ETH-USD Liquidation at $24.23M

The post Fed forecasts only one rate cut in 2026, a more conservative outlook than expected appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve is projecting only one rate cut in 2026, fewer than expected, according to its median projection. The central bank’s so-called dot plot, which shows 19 individual members’ expectations anonymously, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year following two expected cuts on top of Wednesday’s reduction. A single quarter-point reduction next year is significantly more conservative than current market pricing. Traders are currently pricing in at two to three more rate cuts next year, according to the CME Group’s FedWatch tool, updated shortly after the decision. The gauge uses prices on 30-day fed funds futures contracts to determine market-implied odds for rate moves. Here are the Fed’s latest targets from 19 FOMC members, both voters and nonvoters: Zoom In IconArrows pointing outwards The forecasts, however, showed a large difference of opinion with two voting members seeing as many as four cuts. Three officials penciled in three rate reductions next year. “Next year’s dot plot is a mosaic of different perspectives and is an accurate reflection of a confusing economic outlook, muddied by labor supply shifts, data measurement concerns, and government policy upheaval and uncertainty,” said Seema Shah, chief global strategist at Principal Asset Management. The central bank has two policy meetings left for the year, one in October and one in December. Economic projections from the Fed saw slightly faster economic growth in 2026 than was projected in June, while the outlook for inflation was updated modestly higher for next year. There’s a lot of uncertainty…

Polymarket targets a $12B valuation as its crypto expansion accelerates, driven by major partnerships, U.S. market re-entry, and rising global demand. Polymarket seeks to raise funds at a $12B valuation, expanding in crypto and international markets. This is after it returned to the US and signed strategic partnerships, increasing its competition with Kalshi. According to […] The post Prediction Market: Polymarket Eyes $12B Valuation as Crypto Expansion Accelerates appeared first on Live Bitcoin News.

The post Aster Price Surges After Airdrop and CZ Mention appeared on BitcoinEthereumNews.com. Aster, previously referred to as APX, witnessed its token price soar on September 18, rising by over 360% in one day. The surge followed after the project started its airdrop program and from CZ. What’s Driving Aster Price Surge The token’s steep price action came after the token’s airdrop began, and it will run until October 17. Approximately 704 million tokens representing approximately 8.8% of the total supply are being sent to eligible users. These include members of Aster’s Spectra Stage 0 and 1 programs, owners of Aster Gems, and traders of Aster Pro. Adding fuel to the charge, CZ publicly congratulated the Aster team, further increasing visibility to the project. That validation, combined with the token distribution, driven the price surge. Fundamentals Behind the Rally Beyond the frenzy, Aster’s fundamentals have been improving. Based on statistics provided by DeFi Llama. Its perpetual futures platform has seen more than $12 billion worth of trading volume this month, an increase from $9.78 billion in August and $8.5 billion last July. Revenue has increased steeply as well. Fees earned this quarter total $8.82 million, up from only $1.8 million during the same time last year. In Q3 2024, Aster had only generated $11,660 in revenue, but today that number is up to $5.4 million. The total value locked (TVL) in the protocol has hit a record high of $1.85 billion, an astronomical increase from $141 million in January. What’s Next for Aster Analysts believe that the rally may prevail since Aster is now becoming available on additional exchanges, yet it is mainly traded on its own platform. Yet with recipients of the airdrop likely to take profits in place, there will be some pressure selling. Like other recently listed coins like WLFI, Spark, and Avantis, a good starting run will be followed…