Today is the long-awaited Fed meeting day. In July, the Fed also left interest rates unchanged at 3.5-3.75%. Following the July decision, markets are now focused on the September interest rate decision. When Will the FED’s September Interest Rate Decision Be Announced? The Federal Reserve’s September interest rate decision is expected to impact gold, the
Michael Saylor, the chairman of [company name missing], has joined the buzzing discussion on the recent failure of the CLARITY Act after the Senate failed to pass the bill, driving negative momentum across the crypto market ecosystem. In his post, Michael Saylor has sent assuring words, stating that the setback does not necessarily mean the
Pyth Network has officially launched Pyth Pro and Indices on the Arc platform, marking a significant advancement in their oracle services. This announcement was made via their official tweet. The launch aims to improve data accessibility for developers and institutional users, potentially reshaping how market data is utilized in decentralized applications. The Story So Far
It’s been four months, over 120 days, since Strategy’s dividend vehicle, STRC, broke parity and the executive leadership made getting it back to its $100 peg its absolute, number one priority. Since then, it’s never, not even for a second, managed to get back to parity. This week, however, as Strategy continued a major shift
Pendle’s sNET maturity is returning on the Robinhood Chain, as announced by the crypto commentator @pendle_fi. This development allows users to rollover their previous positions and continue earning yields. The renewed maturity is significant as it could attract more liquidity and engagement on the platform, enhancing the trading experience for users. For further details, see
Happy Wednesday, This is your institutional newsletter, Crypto Long & Short. This week: Six indicators have marked the end of past crypto winters. Denny Galindo of Morgan Stanley Wealth Management checks how many are flashing now. Top headlines institutions should pay attention to by Helene Braun “Pump.fun Custom Pools: Meme-Stock Bet Meets Muted Volume” in
Onchain finance platform Theo introduced a yield-bearing tokenized silver product backed by more than $40 million of active leases, expanding its commodities-financing business beyond gold. The token, called thSLVR, gives holders exposure to silver while passing on income generated by lending the underlying metal to institutional borrowers, the New York-based company said in a Wednesday
Latin American telecom operator VIVA is putting part of its financial plumbing onchain through Iris, a new network that wants to help mobile carriers turn their customer relationships and distribution networks into payments and other financial services. VIVA, which has operated in Bolivia for more than 25 years and recently expanded into Mexico, is the
Bitcoin price fell toward $75,500 after the U.S. Senate rejected the CLARITY Act, while bearish momentum and nearby liquidation clusters raised the risk of another decline before the Federal Reserve’s rate decision. According to data from crypto.news, Bitcoin ($BTC) price traded at approximately $75,940 at press time, according to the 4-hour chart. The price had
Binance has sparked interest by discussing the transition of IPOs to on-chain models. This shift could redefine how capital markets operate, indicating a broader trend towards blockchain adoption in finance. As highlighted in their recent tweet, the implications of this change are significant for traders and investors alike. Source: Binance’s tweet. The Story So Far