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
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.…
Bitcoin traders brace for Fed hike, but a surprise hold could pose bigger risk
Bitcoin is stuck near $80,000 as traders build stablecoin positions that could return to the market once Fed uncertainty clears. Source:CoinDesk
Two Prime makes onchain finance push with $10 million-backed bitcoin yield vault
Two Prime expands into onchain finance with a bitcoin lending vault built on Pareto for institutional investors. Source:CoinDesk
Bitcoin ETFs shed $450 million as Clarity Act fails
U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatorysensitive tokens sharply…
Bitcoin's Coinbase premium sinks to one-month low, here’s why
Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin. Source:CoinDesk
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.…
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…