Crypto rallies through the Fed's first rate increase since 2023
Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike. Zcash jumped 23% to a record after Paradigm…
Zcash gains 20% as Paradigm founder reveals firm made ZEC investment
Zcash rose about 20% in 24 hours as Paradigm cofounder Matt Huang disclosed that the firm invested in ZEC amid a broader crypto market rally.…
Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger
Bitcoin corporate treasuries remained at an unrealized loss on their holdings as the price fell below $80,000 and fresh capital inflows dwindled.…
Bitcoin faces 2022 parallels as federal reserve resumes rate hikes
Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede further losses.…
BitMEX faces Celsius lawsuit ahead of exchange closure
The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.…
Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to…
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's deltaneutral marketing.…
What happens if you never buy a house? What renters are gaining — and giving up
The high cost of buying a home means that many 20 and 30somethings are reevaluating traditional personalfinance advice that assumed homeownership to build…
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.…
What Altman, Amodei, Huang and Zuckerberg are saying about the raging AI debate
A product conference at software giant Salesforce turned into the battleground on the new debate on whether there should be a slowdown in artificial…
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Source：CoinDesk
The Fed’s expected interest-rate hike on Wednesday could be the start of something more troubling for investors
Investors are largely anticipating the Fed will raise its benchmark interest rate on Wednesday, but a single rate hike is not what’s creating angst on Wall…