Last week, the Fed held its final meeting as Chairman Jerome Powell, and as expected, kept interest rates unchanged. While interest rates remained the same, experts believe what changed was the Fed’s rhetoric on inflation. The decision to keep interest rates unchanged was generally expected. What was unexpected was the change in the Fed’s definition
The launch of spot Bitcoin ETFs in the US in 2024 marked a turning point for Bitcoin (BTC) and cryptocurrencies. Since then, interest in ETFs has continued to grow, and Bitcoin’s momentum is now spreading to Europe as well. Accordingly, global giant BlackRock’s iShares Bitcoin ETP (IB1T) has reached a significant milestone, demonstrating that institutional
Bitcoin ($BTC) continues to be a focus for institutional investors. These investors include banks, and a Morgan Stanley executive has made significant statements on the subject. Speaking at a Bitcoin conference in Las Vegas, Amy Oldenburg, head of digital asset strategy at Morgan Stanley, stated that there is a high probability that US banks will
The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs) have now recorded two consecutive months of net inflows in a sign of renewed institutional appetite for the leading cryptocurrency. But zoom out, and the recovery looks more modest than the monthly headlines suggest. ETFs have pulled in a total of $3.29 billion in investor funds over
Bitcoin breached $80,000 on Monday as it rose 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026. Bitcoin’s (BTC) 2.7% rally began at 1:25 am UTC, rising from $78,415 to break the $80,000 level about 75 minutes later before climbing to $80,515 by 4:20 am UTC,
US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the first time the Treasury has named digital assets so explicitly in the context of the Iran pressure campaign, and it
Amid geopolitical tensions in global markets and record-high stock prices, renowned investor Cathie Wood shared her views on the current state of the cryptocurrency market and macroeconomic outlook. Wood made important assessments on many critical topics, from Bitcoin’s correlation with gold to the Fed’s interest rate policies. Wood pointed out a common misconception regarding the
The New York Stock Exchange (NYSE) has applied to the SEC for a rule change to allow tokenized securities to be traded on the exchange. According to the application, the New York Stock Exchange aims to allow tokenized versions of eligible stocks and ETFs to be traded under Depository Trust Company’s (DTC) three-year tokenization pilot
Bitcoin, the leading cryptocurrency, broke through a significant psychological resistance level late over the weekend, surpassing $80,000. Gaining approximately 2.6% in the last 24 hours, Bitcoin rose to $80,150, while a general upward trend was observed across the market. Ethereum increased by 3.6% to $2,382, and XRP rose by 2% to $1.41. Analysts note that
Bitcoin’s 200-week moving average has passed $60,000, which means that the leading cryptocurrency might never trade below this level again. #bitcoin 200wma passes $60khttps://t.co/h6D8LTnC8B pic.twitter.com/bG1z8SDWpZ — Adam Back (@adam3us) May 4, 2026 Concurrently, a powerful breakout above $80,000 has triggered a massive wave of short liquidations. Earlier today, $BTC reached an intraday high of $80,631,