PANews, November 15th - As the relief following the historic US government shutdown faded, coupled with a flood of economic data to be released and concerns about the Federal Reserve's ability to cut interest rates in December, caution prevailed on Wall Street this week. Risk aversion exacerbated the Bitcoin sell-off. Bitcoin has retreated from its all-time high in early October, recording only a slight increase so far in 2025. The largest digital asset has fallen below the $95,000 mark. CoinGecko data shows that the crypto market continues to be under pressure after a $19 billion liquidation on October 10th, which wiped out over $1 trillion in the total cryptocurrency market capitalization. Here are the key points the market will be focusing on this week:
Tuesday 02:00: Minneapolis Fed President Neel Kashkari, a 2026 FOMC voting member, will host a fireside chat.
Thursday 03:00: The Federal Reserve will release the minutes of its monetary policy meeting, and FOMC permanent voting member and New York Fed President Williams will deliver a speech.
Friday 02:40: Chicago Fed President Goolsby, a 2025 FOMC voting member, will speak.
Friday 05:30: 2026 FOMC voting member and Philadelphia Fed President Paulson will speak on the economic outlook.
Friday 20:30: Williams, permanent voting member of the FOMC and president of the New York Federal Reserve, will speak.
Friday 22:00: Dallas Fed President Logan, a 2026 FOMC voting member, participates in a panel discussion of the "2025 Swiss National Bank and Its Observers" event.
The market has taken note of the numerous comments from so-called "inflation hawks." Investors have lowered the probability of a December rate cut to below 50%. Prior to the Fed's October meeting, the market had almost fully priced in a December rate cut.

Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
