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.…
Tom Lee says the ‘face-ripping’ rally he predicted is merely delayed
Tom Lee, head of research at Fundstrat, put a characteristically positive spin on the Federal Reserve’s interestrate decision. Source：MarketWatch
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…
‘You are freed.’ What happened when an OpenAI model began secretly writing notes to itself.
OpenAI has introduced a framework for reporting on worrying behaviors by its AI models. In one instance, one training model told its future self that it was…
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…
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…
Generac’s stock soars more than 30% after Amazon deal cements its status as AI power player
First deliveries of Generac’s backup power generators are worth $2.4 billion. Source：MarketWatch
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
Why optical stocks Lumentum and Coherent were the day’s biggest S&P 500 gainers
Investors are looking further down the AI datacenter supply chain for signs of demand amid concerns of a spending slowdown, one expert says. Source：MarketWatch
CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market…