The main event of the day will be Fed Chairman Kevin Warsh’s first interest rate decision. No change in rates is expected, meaning markets will scrutinize the political statement, economic projections and post-meeting press conference for clues. Here’s What Could Spark a Positive, Risk-Oriented Reaction From Bitcoin BTC$65,285.01 The plot of points: This is a […]
Bitcoin BTC$64,843.22 is facing selling pressure ahead of today’s interest rate decision from the Federal Open Market Committee (FOMC) in the first meeting under new Fed Chairman Kevin Warsh. The largest cryptocurrency fell back below $65,000 after trading near $67,000 a day earlier, according to CoinDesk data. The broader market CoinDesk 20 Index (CD200) has
The Federal Reserve is expected to conclude its latest meeting Wednesday with interest rates unchanged in a range of 3.5 to 3.75 percent. This will be the fourth consecutive meeting in which the central bank has voted to maintain its current policy settings, but the circumstances surrounding this decision are now entirely different. The Fed
What to watch at the Federal Reserve’s June meeting Read More »
Bitcoin is trading flat while the rest of the crypto market is showing signs of capital turnover. The largest token traded around $65,800 on Wednesday, down 0.3% over 24 hours but up 7.4% over the week, according to CoinDesk data, holding near $66,000 as traders awaited the Federal Reserve’s first rate decision under new Chairman
Bitcoin stagnates near $66,000 as Uniswap jumps 22% Read More »
If you only look at the dollar price of your portfolio, you risk missing part of the picture, which is largely shaped by growth in the money supply. To the casual observer, markets appear to be operating as usual. While bitcoin has almost halved to $66,000 since its peak of $126,000 in October last year,
This is what Bitcoin and the S&P 500 look like when adjusted for the money printer Read More »
Eligible companies can also continue to evaluate or pursue their own MiCA-focused crypto asset service provider (CASP) licenses in parallel while integrating BitGo Europe’s infrastructure, BitGo said. The latest deadline for crypto companies to move to the MiCA regime is the end of this month, a regulatory move that will force some companies to close
Bitcoin stable at $65,000 with Fed meeting priority; Uniswap rises
Bitcoin stable at $65,000 with Fed meeting priority; Uniswap rises Read More »
XRP’s surge above $1.25 lasted only a few hours. Sellers showed up near the highs and pushed the token back down to $1.23 on some of the heaviest volume of the session, turning what looked like a breakout into a reminder that the market is still struggling to absorb the supply left by the recent
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As of their latest filings with the Federal Election Commission, the affected PACs had about $164 million in collections at the end of April, although they were spending at a rapid pace. Tuesday’s result — with Moore winning nearly 56% of the vote — will likely counter the industry’s setback in Illinois, where Fairshake spent
Crypto PAC’s $12M Senate Candidate Barry Moore Wins Alabama GOP Primary Read More »
Bitcoin’s risk-adjusted return has fallen to a level that has marked every bear market bottom of the past decade, with the latest on-chain reading indicating accumulation rather than further decline. The Sharpe ratio, which measures return relative to volatility, fell to -20 on June 11, according to CryptoQuant data reviewed by CoinDesk. It reached this
Bitcoin Lower Signal Flashes as Holders Absorbed 125,000 BTC in June Read More »
