Bitcoin Slides as Fed Says It Will ‘Deliver Price Stability’ Under Kevin Warsh
The Federal Reserve stood pat on Wednesday, keeping its benchmark interest rate steady while policymakers monitor economic data and inflation…
Category: Financial
Strategy’s ‘stable’ STRC spends a lot of time below its $100 target
Most people holding Strategy’s 11.5% dividend-paying STRC, are making a strange bargain with the company; that on monthly snapshot days,…
Kevin Warsh’s first Fed meeting could be more about communication than rates
Federal Reserve Chair Kevin Warsh is heading the central bank’s two-day policy meeting, concluding this afternoon, with investors looking beyond…
BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price
Crypto infrastructure provider BitGo’s (BTGO) shares jumped as much as 20% on Wednesday after the company announced a $50 million…
Trace Finance raises $32M for cross-border stablecoin settlement expansion
Stablecoin settlement infrastructure company Trace Finance has raised $32 million in a Series A funding round led by CoinFund. Coinbase…
Tron Settles Close To Half Of All USDT, And Washington Cannot Reach It
The most-used private dollar on earth does not move primarily over an American chain. It moves over Tron. Of the…
Crypto Long & Short: The measure of a maturing market
Welcome to our institutional newsletter, Crypto Long & Short. This week: Trusted indexes turn fragmented digital assets into a mature…
BREAKING: FED Announces Its Highly Anticipated Interest Rate Decision! Here’s Bitcoin’s First Reaction
As expected, the Fed decided to keep interest rates unchanged. The first press conference of the new Chairman, Kevin Warsh,…
Fed holds rates steady in first decision under new Chairman Kevin Warsh
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected…