Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts
Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine…
Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost
Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.…
Fed leaves interest rates unchanged, as expected
A rate hike in December remains likely as the U.S. central bank continues to focus on inflation, which remains well above its 2% target. Source:CoinDesk
Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue. Source:CoinDesk
Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Bitcoin failed to move past its 50day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.…
Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Bitcoin failed to move past its 50day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.…
Phantom launches Kalshi-powered prediction markets for US users
The crypto wallet’s new integration offers CFTCregulated event contracts through Kalshi, as prediction markets face growing legal challenges in the US.…
Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, pepe jumps 9%
Bitcoin rose above $81,400 as Asian chip stocks rallied, with frogthemed memecoin pepe adding 9%. Source:CoinDesk
Kospi surges 7% as SK Hynix earnings fuel AI stock rebound
South Korean chipmakers led a broader AI recovery after SK Hynix reported a sevenfold profit surge and announced another $45 billion in shareholder returns.…
Bitcoin price eyes $82K as Morgan Stanley strategist says most of correction is over
Bitcoin sought to rebuild support at $80,000 while Asian and US tech stocks extended a rebound into key corporate earnings releases. Source:Cointelegraph
Bitcoin nears $81,000 ahead of Fed decision as ZEC jumps 8%
Majors outpaced bitcoin across the board as tech stocks extended a climb. Source:CoinDesk
CoreWeave and other AI stocks rise as Anthropic restores the market’s faith in sustained spending
Now that investors have been able to dive further into Anthropic’s IPO filing, they’re seeing the same sorts of trends that helped buoy AI stocks for much of…