Following today’s interest rate decision, analysts believe the Fed’s potential rate cuts will be extremely challenging, not only from an economic perspective but also from a communication perspective. Tom Graff, Facet’s Chief Investment Officer, said the Fed faces a complex dilemma. Graff noted that the newly implemented tariffs are expected to increase inflationary pressures, and
The US Securities and Exchange Commission’s (SEC) decision to allow “in-kind” creation and redemption for cryptocurrency spot ETFs has had widespread repercussions in the industry. Bitwise President Teddy Fusaro highlighted the technical aspects of this decision and explained in detail why it is important for investors. “I hear a lot of people ask, ‘Why is
An “antique whale” who purchased 3,962 BTC in January 2011, when Bitcoin was just $0.375, recently reactivated his wallet after nearly 14 years of inactivity. According to onchain data, this whale has started selling in small batches in recent days. The whale, awakened from its slumber, first transferred 450 BTC (approximately $53.42 million). Of these
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered
Bitcoin price was stuck in a tight range this week as the forming pennant pattern and the Crypto Fear and Greed Index point to a rebound. Summary Bitcoin price has formed a bullish pennant pattern on the daily chart. The Crypto Fear and Greed Index remains in the gear zone. Technicals point to an eventual
Taskon, a Web3 task platform, has announced a strategic collaboration with Memebridge, a cross-chain bridge solution, to bring a new cross-chain experience and composability for Web3 tasks (applications). Taskon is a task collaboration platform designed to support the execution of Web3 tasks in a decentralized manner. It helps task creators and doers coordinate effectively and
Markets are reacting to the Fed’s interest rate decision, amid ongoing concerns over trade policy. Summary The Fed will maintain interest rates steady Trump continues to call for lower rates Tariffs remain a concern for inflation Major U.S. stock indices were up after the expected Fed decision on interest rates. On Wednesday, July 30, the
AGI Open Network (AON), a popular platform for AI Agent development, has collaborated with Fireverse, a prominent AI music forum accounting for a massive 16M consumers and over $3 million in overall creator earnings. The partnership focuses on empowering builders, musicians, and creators by merging Fireverse’s cutting-edge music creation tools with advanced infrastructure of AGI