News
Kevin Warsh's Fed debut jolts crypto as rate-cut hopes fade
20+ min ago (572+ words) New Federal Reserve Chair Kevin Warsh ended his first FOMC meeting without changing interest rates. The FOMC statement said officials voted 12-0 to keep the federal funds target range at 3. 50% to 3. 75%. The Fed said economic activity was expanding at a solid…...
Bitcoin price loses $64 K support after Fed shock, can bulls avoid a drop to $60 K?
1+ hour, 7+ min ago (940+ words) Bitcoin has fallen back toward the $64, 000 level after the Federal Reserve adopted a hawkish policy stance, erasing a relief rally that had been fueled by easing Middle East tensions and renewed hopes for lower energy prices. According to crypto. news…...
Kevin Warsh holds rates steady despite fresh inflation fears
15+ hour, 56+ min ago (697+ words) The Federal Reserve has kept its benchmark interest rate unchanged at 3. 50% to 3. 75% for a fourth consecutive meeting as policymakers continue monitoring inflation risks across the U. S. economy. According to the Federal Open Market Committee, officials voted to leave rates unchanged at…...
Citadel signals Fed may shock markets with fresh rate hikes
19+ hour, 50+ min ago (734+ words) Wall Street expectations for future Federal Reserve tightening have increased sharply, with Citadel Securities now warning that policymakers could begin raising interest rates again as early as September 2026. According to a note from Citadel Securities Head of Macro Strategy Frank…...
Bitcoin price slips toward $65 K as Fed jitters test key support
1+ day, 1+ hour ago (749+ words) Bitcoin has retreated toward $65, 000 ahead of the Federal Reserve's policy decision as traders cut risk and reassess the outlook for interest rates under newly appointed Fed Chair Kevin Warsh. According to data from crypto. news, Bitcoin (BTC) price fell from…...
FOMC decision looms as markets increasingly price in a Fed rate hike
1+ day, 17+ hour ago (726+ words) Markets have increasingly priced in a future Federal Reserve rate hike ahead of this week's FOMC meeting, with prediction markets assigning a 64% chance of tighter policy before July 2027. According to Kalshi prediction market data, traders currently assign a 64% probability to…...
Bitcoin traders brace for Federal Reserve decision as hold odds hit 98%
1+ week, 1+ day ago (691+ words) Bitcoin traders have positioned for a Federal Reserve pause next week, with CME Fed Watch data showing a 98. 2% probability that policymakers will leave interest rates unchanged at the June 16-17 meeting. According to CME Fed Watch data, markets are assigning only…...
Wall Street abandons rate-cut hopes ahead of Kevin Warsh's first FOMC
1+ week, 1+ day ago (760+ words) Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. According to a Reuters survey conducted between June 4 and June…...
Backpack US names former SEC acting chair Michael Piwowar
1+ week, 1+ day ago (615+ words) Backpack US has appointed former SEC Acting Chairman Michael S. Piwowar to its board. The crypto exchange announced the appointment on Tuesday while expanding U. S. products. According to Backpack US, Piwowar joins as digital asset rules receive renewed attention in Washington. Piwowar…...
Can the Bank of Japan's 1% rate hike spark another crypto selloff?
1+ week, 2+ day ago (651+ words) Bitcoin and other cryptocurrencies have come under renewed macro scrutiny after reports indicated that the Bank of Japan is preparing to raise its benchmark interest rate to 1. 0% from 0. 75% at its June 1516 policy meeting. Japanese financial newspaper Nikkei reported that policymakers…...