fed

Fed Chair Jerome Powell: The Fed Is Not Allowed to Own Bitcoin

Fed Chair Jerome Powell stated that the central bank could not and would not hold Bitcoin.

3 days ago

New US Treasury Secretary Scott Bessent Is a Crypto Supporter

President-elect Donald Trump has nominated Scott Bessent, founder of Key Square Group, as the next US Treasury Secretary.

4 weeks ago

Market Overview (Nov 11 – Nov 17): Altcoins Surge as Bitcoin Milestones Mark a Historic Week

Altcoin market surges, led by U.S.-related coins and meme tokens. TOTAL 3 index reaches new heights, surpassing March 2024 peak.…

1 month ago

Fed Interest Rates Cut Makes Crypto Markets Excited Again

The Fed interest rates cut by 0.25%, lowering the target range to 4.50%-4.75%, continuing its efforts to adjust monetary policy.

1 month ago

Market Overview (Oct 21 – Oct 27): S&P 500 Exceeds Earnings Forecasts Amid U.S. Gov Wallet Hack

U.S. Government wallet compromised with $20M in altcoins, Kraken’s new blockchain plans, Stripe’s $1.1B Bridge acquisition, S&P 500 earnings beat…

2 months ago

Bitcoin Price Drops As Investors Await Powell Speech, Payroll Data

Bitcoin price drops 2.07% to $64,392, with Ether also dipping 1.69%, as investors await Fed Chair Powell’s speech and upcoming…

3 months ago

ARK 21Shares Bitcoin ETF Attracts Over $113M Inflows

Spot Bitcoin ETFs in the U.S. saw net inflows of $272.3 million on September 26, led by the ARK 21Shares…

3 months ago

CryptoQuant Bitcoin Analysis Signals Potential for Further Gains

CryptoQuant bitcoin analysis shows an 8% price rise after the Fed rate cut, with the “supply in profit” metric indicating…

3 months ago

Crypto S&P 500 Correlation Hits High After Fed Rate Cut: Bloomberg

The Crypto S&P 500 correlation has risen to 0.67, indicating macroeconomic factors are affecting both markets. Analysts expect the trend…

3 months ago

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