The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, extending its pause for a sixth consecutive meeting as policymakers continue to grapple with stubborn inflation. The decision came after one of the most uncertain pre-meeting setups in years. Futures markets had assigned roughly a 65% probability to a hold
The Fed kept interest rates unchanged, as expected. All eyes are now on Federal Reserve Chairman Kevin Warsh’s press conference, scheduled for 9:00 PM (2:30 PM ET). Here’s Bitcoin’s reaction after the interest rate decision: New Fed chairman Kevin Warsh, like his predecessor Jerome Powell, has repeatedly emphasized the importance of controlling inflation. Some investors
The crypto industry is entering a consolidation phase that goes deeper than anything seen in previous bear markets, according to ARK Invest researcher Lorenzo Valente. The warning isn’t abstract: capital is concentrating fast, weak projects are being flushed out, and the fallout — in the form of bankruptcies, shutdowns, and forced mergers — is only
Bitcoin is testing a crucial support zone after losing momentum above $65,000. The charts point to a possible rebound if buyers defend $62,000, but a rejection near $65,000 could send $BTC toward $60,000. Bitcoin’s $62,000-$65,000 Support Faces a Critical Test Ted’s daily Bitcoin chart shows $BTC trading near $63,459 after failing to hold above $65,000.
Bernstein cut its price target on Circle Internet Group ) to $140 from $190 Wednesday but kept its Outperform rating, saying the Open USD consortium threat that hammered the stock will fade. Why Bernstein Cut The Target But Kept The Bull Case? Analyst Gautam Chhugani said in the note cited by The Block that Circle’s
Former senior Fed advisor Jon Faust said he does not expect the Fed to raise interest rates at its Federal Open Market Committee (FOMC) meeting, which concludes today. Faust shared the view that the Fed would not try to gain credibility by deliberately surprising the market. In his assessment today, Faust noted that Fed Chairman
While bulls in the cryptocurrency market believe they have laid the groundwork for Bitcoin (BTC) to surpass the $70,000 level, the Federal Reserve’s interest rate decisions and future policies are jeopardizing this bullish expectation. Bloomberg ETF analyst James Seyffart assessed recent market developments, Fed expectations, and activity in the ETF world. The markets are focused
Morpho, the DeFi lending protocol with about $7.6 billion in total value locked, will complete a full deployment on HashKey’s HSK Chain and become the network’s official onchain credit partner, HSK Chain said in a post on X on Tuesday. The deal gives Morpho its first anchor in Hong Kong, one of the few jurisdictions
Safe smart accounts processed nearly 130 million transactions in the second quarter, the highest quarterly total in the protocol’s history and a 5.7% increase from Q1, the Safe Ecosystem Foundation said in its Q2 2026 report published Wednesday. The record quarter came against a weaker market, a sign that smart account usage is compounding independently
Bitcoin price recovered 2.8% from an intraday low of $62,850 to around $64,650 on July 29 as traders positioned for the Federal Reserve’s interest rate decision. Bitcoin price recovers before the Fed decision According to data from crypto.news, Bitcoin ($BTC) price rose from $62,850 to an intraday high near $64,775 before settling around $64,650. The