FOMC


Markets

Bitcoin, Ether on Track for Strongest Weekly Gains Since March

Crypto prices have risen sharply since BlackRock’s filing for a spot bitcoin ETF. Of the 149 assets in the CoinDesk Market Indices (CMI), 144 rose during the week.

(Sean Benesh/Unsplash)

Markets

Stablecoin Movement May Hint Strongly at Asset Prices' Path Forward

A recent increase in stablecoin flows to exchanges may signal an increase in bullish sentiment

Coinwire-Japan (Unsplash)

Markets

‘BlackRock Pivot’ Continues, as Bitcoin Rises on Increased Volume

The successful approval of BlackRock’s ETF application could be a seminal moment in the history of cryptocurrencies

(Nick Nice/Unsplash)

Markets

Inverse Correlations, FOMC Action, and a Possible Spot Bitcoin Trust

Bitcoin and ether end the week higher, following the announcement of BlackRock’s Bitcoin trust application.

(Getty)

Markets

Bitcoin, Ether Move Toward Oversold Territory in Post FOMC Downturn

CoinDesk Indices Trend indicators are signaling a bitcoin and ether downtrend

(Unsplash)

Markets

Bitcoin Correlations Continue On-Again, Off-Again Relationship With Traditional Finance

The positive relationship between bitcoin and traditional finance is now inverted , highlighting the independence of bitcoin as an asset

(Getty Images)

Markets

Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause

Ether declined more than 3% to $1,650 less than three hours after the Fed ended its more than year-long diet of interest rate increases. ADA plunged more than 5%, while SOL and Matic each dropped over 4%.

Bitcoin daily chart (CoinDesk)

Finance

Fed Leaves Policy on Hold, Ending Long String of Rate Hikes

The U.S. central bank had previously raised rates at 10 consecutive meetings spanning the previous 15 months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil

The two largest cryptos by market value have shown a remarkable ability to weather crypto turmoil and macroeconomic events over the past year.

(Getty Images)

Markets

Jobs Data Offers Faint Hope for Digital Assets Even as Investors Fret Over Binance, Coinbase Suits

Initial jobless claims reached their highest levels since October 2021, ahead of next week’s rate decision

BTC regional supply change (Glassnode)