Bitcoin Rally After Fed Rate Hike Fades to $29.3K; CoinDesk Market Index Rises 0.7%

A few more Fed rate hikes are likely, but "the hardest work is done," one expert said.

• 2023-07-27
• U.S. Federal Reserve CoinDesk Bitcoin Lex Sokolin rate hikes Fed announcement

Bitcoin Stuck Below $30K Before Likely Fed Rate Hike, While DOGE Spikes 7%

Except for the popular meme coin, which was recently up more than 10%, the largest cryptos by market cap were largely unchanged over the past 24 hours as investors awaited a likely 25 basis point increase from the U.S. central bank.

• 2023-07-26
• Elon Musk Twitter DOGE CoinDesk Bitcoin U.S. Federal Reserve

Global X Files for Bitcoin Futures ETF With CoinDesk

The firm will leverage quant analysis as anticipation for a spot bitcoin fund grows.

• 2023-07-25
• Bitcoin ETF CoinDesk Bitcoin Global X

Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes

The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.

• 2023-05-25
• financial markets CoinDesk Bitcoin debt ceiling Janet Yellen stock indexes digital assets Ruslan Lienkha Federal Open Market Committee UK inflation Bitcoin

First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin

ALSO: A crypto market analyst calls bitcoin's travails of the past two days "growing pains," and says the largest crypto by market cap "will be fine in the long run."

• 2023-05-09
• Paul Eisma CoinDesk Bitcoin Bitcoin network Bitcoin CoinDesk TV Hany Rashwan