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
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.…
15 stocks that have grown dividends the most — and nearly all have beaten the S&P 500
There is a correlation between increasing dividends and strong investment performance — even if a stock has a low dividend yield when you buy.…
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US marketstructure…
Bitcoin awaits Fed rate decision below $76K as analysis discounts ‘dovish surprise’ odds
Bitcoin price support materialized around $68,000 as markets saw a 93% chance of the Fed hiking rates by 0.25% on Wednesday. Source:Cointelegraph
Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid
Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.…
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…
More home builders cut prices as buyers get spooked
A rising share of builders are slashing prices on newly built homes despite increasing construction costs, as buyers get spooked by high mortgage rates.…
Why a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes
Albert Edwards of Société Générale says today’s gasoline prices are more closely aligned with crudeoil prices of $150 a barrel than current levels. For diesel,…
The data-center backlash is so fierce that Republican candidates are willing to cross Trump
President Trump has been a vocal supporter of data centers, but GOP candidates in tight midterm races are increasingly taking a different tack.…
Traders are betting Trump may soon turn on Fed chair Kevin Warsh as interest-rate hikes loom
At this point, an interestrate hike from the Federal Reserve on Wednesday is seen as a virtual certainty by most of Wall Street, although some believe a hold…
Retail sales surged toward the end of summer. Economy still has plenty of momentum.
Sales at U.S. retailers surged in August and posted the biggest increase in five months, offering another piece of evidence suggesting the economy sped up…