Cryptocurrency


Markets

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

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

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Large Crypto Token Unlocks Drive Prices Lower Within Two Weeks, Research Suggests

Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.

(Andrei Akushevich/Getty Images)

Markets

XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge

XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.

Top cryptocurrencies by market value (CoinDesk Indices)

Markets

Aptos' APT Token Steady After $32M Token Unlock

The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.

More than 4.5 million ATP tokens were unclocked early Wednesday (TokenUnlocks)

Markets

Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say

The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Policy

Israel Seized $1.7M in Crypto From Iranian Military and Hezbollah With Chainalysis' Aid

The Israeli government seized the crypto wallets after an order from Defense Minister Yoav Gallant earlier this week,.

(Eduardo Castro/Pixabay)

Markets

Crypto Traders Eye $6.8B Bitcoin and Ether Options Expiry

Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.

(AhmadArdity/Pixabay)

Markets

Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P

Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.

Cryptocurrencies could in theory offer protection against inflation. (stevepb/Pixabay)

Learn

Crypto Philanthropy 101: What Donors and Organizations Need to Know

Giving crypto as a charitable donation or setting up a nonprofit to receive crypto isn’t hard, but there are some unique considerations to think about.

(Samuel Regan-Asante/Unsplash)

Markets

Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does Not Signal End of Tightening

"We expect that Chair Powell may shy away from being definitive when it comes to a pause, which may disappoint the market," one crypto trader said.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)

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