The Fed kept interest rates unchanged, as expected. Now all eyes will be on what Federal Reserve Chairman Jerome Powell will say at his press conference at 21:30 (UTC+3). Bitcoin reacted to the news as follows: Short-term US interest rate futures continue to price in a very low probability of a rate cut this year,
Global markets are holding their breath: As the countdown continues ahead of the Fed’s interest rate decision, investors’ expectations are becoming clearer. Pricing in the forecasting markets indicates that it is almost certain that there will be no change in interest rates at the April meeting. According to Polymarket data, investors are pricing in a
Crypto-related stocks are tumbling across the board on Wednesday with exchanges taking the biggest hit after Robinhood’s earnings miss and escalating tensions between Iran and the U.S. Robinhood (HOOD), a crypto-friendly digital broker, plunged nearly 14% after it reported late Tuesday an almost 47% decline in crypto-related revenue in the first quarter. The weakness spilled
The U.S. bid that drove April’s rally is fading. Bitcoin’s Coinbase Premium, the difference between the price on Coinbase (COIN) — which caters mainly to U.S. customers — and on offshore exchanges, flipped negative this week for the first time since early April, CryptoQuant data show. The metric ran consistently positive from April 8 through
Crypto markets spent Wednesday morning doing their best impression of a coiled spring. Bitcoin held near $76K, Ethereum traded above $2,200, and Solana sat flat around $84, all while traders waited for what might be the most event-dense afternoon of the quarter. The Federal Reserve is expected to announce its rate decision later today, with
The rivalry between Bitcoin (BTC) and gold has been going on for years. While both have numerous proponents, a Bitcoin supporter has made some significant statements. Billionaire hedge fund manager Paul Tudor Jones, appearing on the Invest Like The Best podcast, argued that Bitcoin has surpassed gold as the best hedge against inflation. Paul Tudor
Network News MYTHOS CHALLENGES CRYPTO SECURITY: Mythos, the new AI model from Anthropic that has sparked fear and confusion in traditional tech and finance, is also driving a massive shift in how the crypto industry thinks about security. For years, decentralized finance has focused its defenses on smart contracts. Code is audited, vulnerabilities are cataloged,
Roundhill Investments is set to launch the first U.S. exchange-traded funds (ETFs) tied to prediction markets next week, with two other asset managers preparing similar products. According to a filing with the U.S. Securities and Exchange Commission (SEC), Roundhill will list six funds tied to whether Democrats or Republicans control the White House, Senate and
NEW YORK — When Morgan Stanley and JPMorgan show up at a crypto conference not just as speakers but also as sponsors, something has changed. That shift will be on full display at Consensus Miami 2026, where an unprecedented roster of institutional heavyweights, federal policymakers, and crypto pioneers will gather May 5–7 to map the
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2093.01, up 0.7% (+15.25) since 4 p.m. ET on Tuesday. Fourteen of 20 assets are trading higher. Leaders: LTC (+2.4%) and APT (+1.7%). Laggards: AAVE (-1.1%) and SUI (-0.4%).