Bitcoin News

Bitcoin News

Finance

Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains

The central bank took note of "modest" progress towards returning to 2% inflation.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Finance

Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High

Among those selling, Marathon Digital offloaded 1,400 BTC worth nearly $100 million since the start of the month.

BTC flow from miners to exchanges (CryptoQuant)

Markets

First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows

The latest price moves in crypto markets in context for June 12, 2024.

BTC price, FMA June 12 2024 (CoinDesk)

Markets

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.

Scrabble letters spelling ETF arranged a rack

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Finance

Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'

Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.

Trump arrives at an NFT dinner in May 2024. (Danny Nelson/CoinDesk)

Markets

Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.

Bitcoin price on June 11 (CoinDesk)

Finance

Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

The investment firm now owns 141 BTC, worth about $9.4 million.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

First Mover Americas: Bitcoin Falls Below $67K as ETFs' Inflows Streak Ends

The latest price moves in crypto markets in context for June 11, 2024.

BTC price, FMA June 11 2024 (CoinDesk)

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Markets

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

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