Bitcoin News

Bitcoin Bounces Back After Fed’s 75-Basis-Point Rate Hike
Bitcoin (BTC) slipped below $19,000 briefly, but then reversed losses following the Federal Reserve’s announcement of a third consecutive rate hike of 75 basis points. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Bitcoin Lightning-Enabled ‘Listen-to-Earn’ Podcast App Gets an Upgrade
The app’s new model offers a simpler, more intuitive and more transparent way for listeners to earn BTC.

Hodlonaut’s Tweets a ‘Reckless Campaign’ Against Craig Wright, Lawyers Say, as Satoshi Trial Reaches Conclusion
Accusing the self-proclaimed Bitcoin founder of being a mentally ill scammer shouldn’t be allowed in a democracy, Wright’s lawyers said on the final day of an Oslo trial.

US Judge Ordered Tether to Produce Financial Records Showing Backing of USDT
A New York judge ordered Tether to produce financial records on the backing of USDT as part of a lawsuit that alleges Tether conspired to issue USDT to inflate the price of bitcoin (BTC). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

Bitcoin Outlook Ahead of Fed Rate Hike Decision
Bitcoin (BTC) and risk assets have been under pressure ahead of Wednesday's pivotal Federal Reserve meeting. Ben Emons, managing director of global macro strategy at Medley Global Advisors, discusses his market outlook and the possibility of a 100 basis-point rate hike.

First Mover Americas: Bitcoin Steady at $19K as Traders Wait for Fed's Decision
The latest price moves in crypto markets in context for Sept. 21, 2022.

Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
The economy has remained stronger than policymakers expected in July. So hawkish risk is that Federal Reserve Chair Jerome Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate.

Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to a lawsuit that alleges unbacked USDT issuances have caused $1.4 trillion in damage to the market.

First Mover Asia: Bitcoin Flutters Around $19K; SEC Case Against Crypto Promoter Ian Balina Faces One Big Problem
Balina is charged with conducting an unregistered securities offering in 2018 for his SPRK ICO token, but proving that the Ethereum network should be subject to U.S. securities law will be difficult; cryptos largely decline.

Bitcoin Dips Below $19K Ahead of Expected Fed Rate Hike
Bitcoin (BTC) slips below $19,000 as investors await an expected Fed interest rate hike. Paul Eisma, head of trading at XBTO Group, shares his crypto outlook amid rising inflation and recession concerns across the globe. Plus, insights on the increasing institutional interest in cryptocurrency.

