Happy Tuesday!

Bitcoin, XRP, Dogecoin and the entire crypto market are hanging by a thread ahead of Wednesday’s crucial Federal Reserve decision — what can you expect tomorrow?

eToro, the popular trading platform, is preparing its IPO, aiming for a significant ten-figure valuation: here’s all you need to know.

Plus, when markets get unpredictable, disciplined options strategies can give you an edge. Join Ryan Faloona, Anne-Marie Baiynd and Tim Melvin live on May 6 to learn how they’re using risk reversals, 0DTE plays and hedging tactics to stay nimble and generate income.

Save your spot now to learn how to trade smarter this week.

TOP STORY

Bitcoin, Ethereum, XRP, Dogecoin On A Knife's Edge Ahead Of Wednesday's Federal Reserve Decision

Cryptocurrency markets are anxiously anticipating Wednesday's Federal Reserve interest rate decision, with the fear and greed index in neutral territory at 50.

Bitcoin is down 0.5% over the past 24 hours as traders eye a potential local top one day before the Fed’s decision.

And traders are saying there's a chance Bitcoin may form a short-term top around the FOMC meeting.

What to expect from Wednesday’s meeting?

Read the full scoop here.

SPECIAL OFFER

Risk, Reward And Reversals: Tactical Options Strategies For An Unstable Market

When markets get unpredictable, disciplined options strategies can give you an edge. Join Ryan Faloona, Anne-Marie Baiynd and Tim Melvin live on May 6 to learn how they’re using risk reversals, 0DTE plays and hedging tactics to stay nimble and generate income.

Save your spot now to learn how to trade smarter this week.

QUICK N DIRTY

Bitcoin is trying to hang on to $94,000 as the FOMC meeting looms and traders anticipate a short-term top being in for the apex crypto.

Florida has pressed the pause button on its plans to launch a Bitcoin reserve — what happened?

FTX’s creditors prematurely sold the company’s stake in a then-unknown AI startup — but that startup is now gunning for a $9 billion raise. Here’s how much the stake would have been worth.

FINTECH FOCUS

eToro Eyes $5B Valuation In Nasdaq IPO, Sets Price Range At $46–$50 Per Share

Trading platform eToro on Tuesday announced it is seeking a valuation of up to $5 billion in its initial public offering on the Nasdaq, as it launches the roadshow for a 10 million Class A share sale.

Shares will be priced between $46 and $50 and trade under the ticker ETOR, according to the company's filing.

This estimate assumes a standard tech IPO float of roughly 10% of total shares.

Some analysts, using more conservative assumptions about the public float, estimate the valuation could land closer to $4 billion.

What do you need to know about the eToro IPO?

Read the full scoop here.

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