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Latest from Helene Braun
Fed Likely to Raise Rates by 50 Basis Points in December; Bitcoin Jumps
Federal Reserve Chair Jerome Powell said that "it makes sense to moderate the pace of our rate hikes" as soon as December.
Buy the Dip, Sell the Bounce: Crypto Funds Have Biggest Outflows in 12 Weeks
Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.
Saudi Arabia’s NFT Collection Soars After Unexpected Soccer Win Against Argentina
Argentina's fan token, on the other hand, slid 21% following the team's loss on Monday.
Investors Short Crypto Assets as Industry Scrutiny Intensifies
Short investment products accounted for 75% of total inflows into crypto assets last week, a report by digital asset investment and trading group CoinShares showed.
Crypto Exchange Coinbase's Shares Sink to All-Time Low
The U.S. crypto exchange went public in April 2021 in a high-profile listing, but shares have lost nearly 90% of their value over the past year, with the FTX contagion causing the latest leg down.
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
Blockchain true believers say the nascent industry represents an existential threat to traditional finance. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say.
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
Most digital assets traded lower on Wednesday as another crypto firm gets hit by the FTX contagion, although institutional investors may be looking for bargains.
Are Your Bitcoin Trades Losing on Fed Day? Just Wait Till Tomorrow
BTC’s price has reversed direction on five of the six days following the Federal Reserve’s interest rate announcements.
Bitcoin Slides Anew After FTX Bankruptcy Filing
The CoinDesk Market Index (CMI) dropped 3.3% during early U.S. trading hours on Friday.
Tron's TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens
FTX announced that Tron-based assets could be moved to external wallets.
