The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
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'Bullish rate hike' — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
Pain ahead for algorithmic and non-cash backed stablecoins: IMF director
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs.
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.
Square Enix to launch FF7: Nifty Newsletter, July 20–26
The Open Metaverse Alliance for Web3 was created by blockchain platforms with the goal of setting standards for NFTs.
Cuban NFT artists say they face censorship within the crypto market
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained.
Tron producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection
"NFTs can aid in the documentation of the creator community through smart contracts," said Kushner.
Ethereum options data show pro traders ready to go long into ETH’s Merge
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs.
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come.
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed: "Appropriate" to keep hiking after July
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting positively to confirmation that the Federal Open Markets Committee (FOMC) had unanimously voted to hike the Fed funds rate by 75 basis points.
"The Committee seeks to achieve maximum employment and inflation at the rate of 2% over the longer run," a press release stated.
"In support of these goals, the Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent and anticipates that ongoing increases in the target range will be appropriate."
Markets had already expected that 75 basis points would be the Fed's next move. Commentators, however, increasingly considered the implications of the central bank's balancing act between taming inflation and avoiding recession going forward.
Price analysis 7/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally?
Price analysis 7/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally?
Price analysis 7/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally?
European banking regulator sees 'major concern' in retaining staff to handle crypto: Report
José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space.
Bitcoin futures data shows 'improving' mood' despite -31% GBTC premium
CME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful.
Bitcoin futures data shows 'improving' mood' despite -31% GBTC premium
Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground.
In a fresh update on July 26, analytics firm Arcane Research flagged what it calls "improving" sentiment among institutional traders.
Caution mixed with "improving sentiment"
While attention has focused on the likelihood of a deeper macro low for BTC/USD to come, it appears that not every investor cohort is ready to run for the exit.
Even at current prices 70% below all-time highs, the mood among institutions is strengthening. For Arcane, the proof is in the rising premium being paid by CME Bitcoin futures clients.
This premium, while still low by historical standards, has been sloping upward through the second half of July.
Coinbase stock (COIN) in danger of another 60% crash by September — here's why
COIN could tumble to $21 in the next few months amid Coinbase's insider trading allegations and weak technicals