Bitcoin, Ether edge up after Fed raises interest rates as expected; Solana leads winners

Bitcoin gained Thursday morning in Asia, but not enough to breach US$29,500 after the Fed raised interest rates by the expected quarter point.

• 2023-07-27
• Dogecoin Ether cryptocurrencies trading volume Sam Altman Louis Schoeman Federal Reserve Thursday morning digital identity

Bitcoin, Ether lose direction as caution rules market; Dogecoin still a winner on Musk factor

Bitcoin traded flat on Wednesday morning in Asia as risk-aversion remained the market theme, though the token managed to hold above US$29,000.

• 2023-07-26
• Dogecoin Federal Reserve Twitter Ripple Labs investment funds Bitcoin

Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July

A 25 basis point rate hike on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.

• 2023-07-25
• Jerome Powell Federal Reserve interest rate hike interest rate decision

Bitcoin IRL: Here Are All the Real-Life Tributes to Satoshi Nakamoto's Invention

Artists and hobbyists have found physical ways to pay tribute to Bitcoin's ones and zeros. Here's a look at some of the biggest monuments.

• 2023-07-25
• Satoshi Nakamoto Nelson Saiers Bitcoin Federal Reserve rat poison

Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again

Tech stocks are rising manically, spilling into meme stocks. Bullishness is hitting a fever pitch in the options market. The MEME ETF—tied to the Solactive Roundhill Meme Stock Index—has risen 61% this year.

• 2023-07-19
• options market American Association of Individual Investors Individual Investors Tech stocks Speculative Stocks Federal Reserve

Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight

The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.

• 2023-07-11
• Consumer Price Index Edward Moya Federal Reserve

Weekly Market Wrap: Bitcoin floats above US$30,000, despite SEC silence over Bitcoin ETF applications

Bitcoin held firmly above the US$30,000 level for most of the week, despite the SEC’s silence over Bitcoin ETF applications. Bitcoin needs to close above US$32,500 for significant bullish momentum, industry experts told Forkast.

• 2023-07-07
• BlackRock Bitcoin ETF SEC application market capitalization price of Bitcoin Fidelity Investments The SEC Federal Reserve Bitcoin

Bitcoin Stalls Over Long Weekend. How the Fed Could Shake Up Cryptos This Week.

Federal Reserve Chairman Jerome Powell is due to testify before both the House and Senate this week, it could prove to be a catalyst for cryptocurrencies.

• 2023-06-19
• Bitcoin Jerome Powell House Financial Services Committee Federal Reserve

Weekly Market Wrap: Crypto lawsuits, Hinman and a rare rate hike pause

Bitcoin dipped below US$25,000 for the first time in three months, as the SEC’s lawsuits continued to erode crypto investor appetite. Bitcoin needs to hold above US$24,000 to avoid more bearish momentum, industry experts told Forkast.

• 2023-06-16
• William Hinman SEC cryptocurrency Federal Reserve

Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision

The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk

• 2023-06-14
• Bitcoin Consumer Price Index Federal Reserve cryptocurrency Tim Frost