Bitcoin cycle bottom may already be in at $58K, says analyst James Check
Onchain analyst James Check says Bitcoin may have bottomed near $58,000 after two capitulations and warns against anchoring to an October low.…
SBI Group backs payments firm dtcpay in $25 million funding round
Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group. Source：CoinDesk
Corporate treasuries bought just 5,900 bitcoin in 3 months. Other demand signals look weak, too.
Corporate treasuries bought just 5,900 bitcoin in three months, while broader demand signals remain weak. Source：CoinDesk
CFTC expands regulatory relief for passive trading software providers
The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without…
Bitcoin coils near $76.5K as US stocks rebound from Fed rate hike
Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve’s first interestrate hike since July 2023.…
Clarity Act failure may hamper U.S. crypto as industry seeks legal clarity elsewhere
The U.S. is likely to lose out to foreign markets in the short term, but SEC and CFTC rules will help underpin the industry. Source：CoinDesk
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a…
Goldman pivots, now forecasts Fed rate hike in October
The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections. Source：CoinDesk
Bitcoin absorbs Fed rate hike as officials see more tightening
Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of…
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. Source：MarketWatch
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings. Source：CoinDesk
Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%4.0%. Source：CoinDesk