Results for "FOMC"

Crypto investment product AUM plunged late last week following a hawkish FOMC meeting and short-term macroeconomic outlook.

Bitcoin price slumped nearly 5% on Tuesday, hitting lows of $66k as the crypto market turned negative ahead this week’s FOMC meeting. BTC price dropped to lows of $66,018 on Coinbase to wipe out gains seen when prices reached highs…

With the BRICS nation exploring de-dollarization to minimize the impact of FOMC policies on the global market, does crypto have a role to play?

Bitcoin (BTC) surpassed the $29,000 mark after the US Federal Reserve (Fed) hit another 25 basis point rate hike.  The Fed surged its fund’s rate to 5.25%, according to a CNBC report on May 3. This rate hike, similar to…

This week, the cryptocurrency market has experienced a rollercoaster ride. The market has been volatile, from the release of the consumer price index report to the completion of the merger between Ethereum and Bitcoin, it has been a wide ride.…

Memecoins powerhouse and major L1 blockchain network Solana lost billions in market cap on June 24, as the whole crypto market slid down over 4%.

An analyst cited by CryptoQuant theorized that a bottom was in play with the recent market-wide slump.

ETH, DAO and ELON are our top cryptocurrencies to watch this week after the global cryptocurrency market cap saw a 4.7% decline, dropping to $2.42 billion.

Today’s edition of the weekly recap: Bernstein predicts Bitcoin will hit $1 million… in 2033; ETH ETFs will likely launch in July; fraudsters develop romantic relationships to defraud victims.

Critical macro data were released in the United States at once, and the cryptocurrency market instantly responded to the latest reports. American authorities released several vital reports on June 12, including the Federal Reserve’s inflation data and interest rates. How…

Crypto markets jumped on June 12 after U.S. CPI numbers for May came in flat, fueling expectations for promising inflation data.  

The average fees on the largest layer-2 (L2) blockchain, Arbitrum, witnessed a massive increase as the daily on-chain transactions surged. Arbitrum is currently the largest L2 network with a TVL of $2.97 billion.  According to data provided by Dune, the…

Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have recorded their second consecutive day of net outflows ahead of the Fed’s FOMC meeting and key U.S. inflation data out Wednesday. According to data provided by Farside Investors, BTC ETFs in…

Solana (SOL) and Dogecoin (DOGE) are struggling with bearish pressure as the broader crypto market mirrors Bitcoin’s price decline. As Bitcoin (BTC) hovers near the $66,000 threshold, Solana price is flirting with a key level while Dogecoin is trading lower…

Could Bitcoin’s price hit $800,000 soon? Uncover the hidden clues and expert forecasts predicting a massive upsurge. Bitcoin (BTC) once again made headlines last week as it crossed the $70,000 mark due to a surge in buying pressure.  On June…

While crypto prices stayed relatively flat after the Fed’s minutes, U.S. stocks traded downwards on the slim likelihood of hawkish decisions due to inflation levels.

Today’s edition of the weekly recap: Donald Trump does an about-face on cryptocurrency; the NFT market sees a dip in trade volume; and exchange-traded funds (ETFs) witness a resurgence of inflows.

A Standard Chartered report warns that the growing risk of U.S. fiscal dominance due to the Federal Reserve’s potential debt monetization could drive investors to cryptocurrencies.