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News
Ripple Payments Lands Korea’s First Regional Bank
40+ min ago (578+ words) Jeonbuk Bank will deploy Ripple Payments for business remittances, becoming Korea’s first regional lender to offer the company’s 24/7 cross-border settlement service. Ripple announced its partnership with Jeonbuk Bank on August 18. The agreement will bring Ripple Payments to the bank’s business…...
US PPI Comes in Flat: What Crypto Investors Should Monitor Now
4+ day, 21+ hour ago (759+ words) US producer prices came in below expectations in July, giving markets another relatively soft inflation reading one day after CPI also moved lower. The Producer Price Index for final demand was unchanged in July, compared with expectations for a 0.2% monthly…...
Why a 5% US 30 Years Bond Is a Red Alert for Crypto
2+ week, 3+ day ago (1425+ words) Bitcoin trades at $62,980, down 2.7% over 24 hours, having lost the support band it was defending only hours earlier. The end of the week was supposed to be easy one. The Federal Reserve held on July 29, the Bank of Japan held on…...
BOJ Holds at 1% - Why the Yen Is Bitcoin's Real Risk
2+ week, 4+ day ago (1248+ words) The Bank of Japan held its policy rate at 1.0% on July 31, six weeks after raising borrowing costs in June. The decision matched the base case in our analysis of how Japan’s rate path affects Bitcoin, where a hold was expected…...
Fed Leaves Rates Unchanged: Bitcoin Fights to Hold $64,000
2+ week, 5+ day ago (375+ words) The Federal Reserve left its benchmark rate unchanged at 3.50%-3.75% on July 29, extending its pause for a sixth consecutive meeting as policymakers continue to assess persistent inflation. The Fed said, “Inflation remains elevated relative to the Committee’s 2 percent goal,” adding that…...
Japan Decides on Rates - How It Can Affect Bitcoin
3+ week, 1+ day ago (1671+ words) The Bank of Japan holds its next monetary policy meeting on July 30 and 31, six weeks after raising its policy rate to 1%, the highest level in 31 years. Markets place little probability on another immediate hike. The focus is whether Governor Kazuo…...
Bitcoin and Ethereum Jump on Softer CPI - Key Risks Remain
1+ mon, 1+ day ago (837+ words) Bitcoin and Ethereum moved higher after June inflation came in well below expectations, while interest-rate futures sharply reduced the probability of a Federal Reserve hike at the July 29 meeting. The initial move pushed Bitcoin to above $63,500 and Ethereum to $1,820, with…...
Bitcoin Dips on Fed’s Hawkish Hold, Recovers Within the Hour
2+ mon, 14+ hour ago (440+ words) Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows,…...
Kevin Warsh's First Fed Meeting: Will Bitcoin Sell Off Again?
2+ mon, 17+ hour ago (408+ words) Bitcoin trades near $65,000 as the Federal Reserve prepares to announce its June rate decision - the first under new chair Kevin Warsh, whose communication style and dot plot revisions may matter more than the rate itself. The FOMC has held the…...
Satoshi's First Contact Explains Why to Stop Measuring BTC in USD
2+ mon, 1+ week ago (329+ words) Blockstream CEO Adam Back has watched Bitcoin experience multiple 85% drawdowns. His response was not to sell — it was to stop measuring the asset in dollars entirely. Speaking at the Proof of Talk conference in Paris, Adam Back, co-founder and CEO…...