News
Warsh's first Fed meeting could be more about communication than rates
1+ hour, 28+ min ago (494+ words) Federal Reserve Chair Kevin Warsh is heading the central bank's two-day policy meeting, concluding this afternoon, with investors looking beyond the interest-rate decision itself for clues about how he plans to reshape the central bank. Markets are fully expecting the…...
BTC price rises after Japan interest-rate increase with XLM, INJ, UNI advancing
1+ day, 4+ hour ago (194+ words) Bitcoin BTC$66, 614. 48 rose after the Bank of Japan raised interest rates to a 31-year high, pushing the price from around $65, 600 in Asian trading to more than $66, 500 during European hours. The largest cryptocurrency has added 1. 5% over the past 24 hours, continuing its…...
Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high
1+ day, 10+ hour ago (402+ words) Bitcoin BTC$65, 833. 75 reversed early losses in the Asian session after the Bank of Japan raised interest rates to a 31-year high in its fight against inflation. The decision hit the wires around 3: 19 UTC on June 16. The BOJ lifted its policy…...
BTC updates: Soft core inflation gave crypto a bounce, but only bitcoin held up on the week
6+ day, 4+ hour ago (237+ words) May CPI ran hot on energy and cooler underneath, lifting majors on Thursday, though ether and the large alts are still down 6% to 8% over seven days. Crypto caught a modest bid on Thursday after Wednesday's inflation report showed underlying price…...
Black Rock warns of energy shock as May CPI is set to show acceleration in inflation
1+ week, 22+ hour ago (322+ words) Black Rock is closely watching Wednesday's May U. S. inflation report for the first clear signal of how the U. S. -Iran conflict is feeding into already sticky prices. "We look to May U. S. inflation figures for a clearer read on how the Mideast conflict…...
Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls
1+ week, 2+ day ago (281+ words) Gold has fallen below its 200-day moving average (200 DMA), a widely followed long term technical indicator that tracks the average closing price over the previous 200 trading days. A break below the 200 DMA is often interpreted as a sign that long…...
Standard Chartered's three 'Ifs' that stand between bitcoin and a market low: Crypto Daily
1+ week, 5+ day ago (366+ words) To say bitcoin BTC$62, 562. 63 bears are having a great time would be an understatement. The cryptocurrency has shed 14% in seven days, falling to levels not seen since the crash in February. Broader crypto markets have taken an equally brutal beating,…...
What about the American consumer?
1+ week, 6+ day ago (775+ words) Welcome to our institutional newsletter, Crypto Long & Short. This week: By Alex Tapscott, CEO, CMCC Global Capital Markets The little guy is getting lost in the political horse-trading around the CLARITY Act. The U. S. Senate Banking Committee recently advanced the Digital…...
Standard Chartered backs $4, 000 ether price forecast as retail buys the sub-$2, 000 drop
2+ week, 5+ day ago (469+ words) Retail traders piled into ether (ETH) bets even as the second-largest token dropped under $2, 000 for the first time since late March, a signal some analysts say means a deeper decline is on the cards. Social media lit up with buy-the-dip…...
PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
3+ week, 1+ day ago (140+ words) Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets. The coming week appears to be macro-led, with U. S. economic…...