The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…

The post Turbulent Times: Crypto Firm’s $100 Million Sale Under Clouds of Legal Controversy appeared on BitcoinEthereumNews.com. Crypto Dispensers, a company specializing in cryptocurrency ATMs, is considering a $100 million sale after its CEO and founder, Firas Isa, was charged with money laundering. Announced on November 21, the firm is pivoting from ATMs to a more software-centric approach due to rising fraud risks, regulatory challenges, and low user engagement. Continue Reading:Turbulent Times: Crypto Firm’s $100 Million Sale Under Clouds of Legal Controversy Source: https://en.bitcoinhaber.net/turbulent-times-crypto-firms-100-million-sale-under-clouds-of-legal-controversy

The crypto landscape today is a bit of a mess. Established coins like Bitcoin (BTC) and Ethereum (ETH) are down and don’t seem to be able to stem the losses. In the last 24 hours, Bitcoin BTC $86,096.86 0.01% Bitcoin BTC Price $86,096.86 0.01% /24h Volume in 24h $35.96B Price 7d dropped to $83,540 before changing course and breaching the $84,000 level, and then finally retesting the $85,000 level, where it is trading at the moment. It is, however, still down by 11% on the weekly charts. Market Cap 24h 7d 30d 1y All Time For the most part, it seems like a weak job market, coupled with the dovish comments by New York Fed President John Williams, has encouraged buying at lower levels. $BTC break those two notable near term resistance marks, and we can see up to $93k… Mush bulls. pic.twitter.com/FmgW2ddn3i — Heisenberg (@Mr_Derivatives) November 23, 2025 Meanwhile, the Fed rate cut probability has jumped to more than 70% as opposed to nearly 40% just a few days ago, prompting traders to rotate into riskier assets such as crypto. (Source: FedWatch) However, a look at US BTC spot ETFs puts data into perspective. Per SoSoValue’s data, US BTC spot ETFs have lost more than $3 billion during the past month, with weekly outflows amounting to around $1.5 billion. The only bright side is that the daily inflow is still positive at $238 million, a drop in a bucket. (Source: SoSoValue) At the moment, BTC is trading below its 20-day and 50-day EMAs. For BTC to reverse its price action, it needs to recapture both these EMAs at $86,281 and $90,322 before it can retest its 100-day EMA at $95,075, which incidentally also forms the upper resistance level. (Source: TradingView) EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year ETH Crypto Consolidates Above $2.7k, Retests $2.8k Level Today Ethereum ETH $2,823.21 0.39% Ethereum ETH Price $2,823.21 0.39% /24h Volume in 24h $13.56B Price 7d has been experiencing difficulties over the past few days. For the longest time, it had managed to hold its own above the $3,100 level. Alas, it was not to be. Although ETH followed BTC during the broader market pullback, its decline was subdued and not as dramatic. Its price action took a decisive plunge and broke through the $3,000 support level before subsequently breaching more support zones, dropping to $2,680 before finally stabilizing above $2,700 level, where it had been consolidating since the last couple of days. Market Cap 24h 7d 30d 1y All Time For ETH to start ascending again, it must hold above $2,800. It is currently on its way to retest its 20-day EMA at $2,823. However, the critical level to capture is the 50-day EMA near $3,000, which is also the resistance level to beat. (Source: TradingView) Analysing on-chain data reveals heavy liquidation clusters surrounding its price action between $3,100 and $3,600, acting like major resistance zones. (Source: CoinGlass) At the same time, online sleuths think that now is a good time to get in on the action and buy the dip before the price flips again. Its Fusaka upgrade is slated for December, and with prices as low as they are, it might be good to go long. #ETH: Big potential. Buy the dip. Big upgrade coming (last one pumped price 50%). Correction is local, not expecting a big drop. $2600-$2700 possible bottom, otherwise trend breaks. Most weak hands are out. Good time to buy. Expecting new ATH, targeting $5K for profit taking. pic.twitter.com/zei8mEBCZu — Matt Wraith | AI & Dev (@MattWraithSOL) November 23, 2025 However, it all depends on ETH maintaining the $2,700 level. Sliding down from $2,700 will test lower support zones near $2,300-$2,400. EXPLORE: Top 20 Crypto to Buy in 2025 17 minutes ago Chainlink Core Infra For Tokenized Finance: Grayscale By Arijit Mukherjee Grayscale has chalked up Chainlink as indispensable for tokenized finance, arguing that its decentralized oracle network is unchallenged when it comes to connecting real-world data to blockchain systems.  According to Grayscale’s new research, with more and more traditional assets like stocks, bonds, and real estate moving to tokenization, reliable data feeds from Chainlink become even more important.  Grayscale research team members are suddenly retweeting @ChainLinkGod. Today they shared one of the best recent research papers on $LINK, basically calling it the best investment tied to the rise of tokenized finance. This is not random. The clock is currently running toward… pic.twitter.com/ZlpAEaI5dV — Moeskul (@Xmarine777) November 20, 2025 Chainlink has, over the years, slowly become a part of the plumbing for institutions such as SWIFT, DTCC, and ANZ Bank for proof‑of‑reserves, moving assets across chains, and automating settlements.  EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now  The post What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k appeared first on 99Bitcoins.