Bitcoin News

Bitcoin News

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Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point

The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.

Federal Reserve chair Jerome Powell at a press conference on July 27th in Washington D.C. (Source: Federal Reserve)

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Bitcoin Maximalist Michael Saylor Makes the Case Against Ethereum

The MicroStrategy CEO cautioned that the "protocol doesn’t look like it's going to be completed or stable for another 36 months."

MicroStrategy CEO Michael Saylor speaking remotely at the Blockchain Economy Istanbul conference (Amitoj Singh/CoinDesk)

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Bitcoin Above $21K Ahead of Key Fed Decision

Arca’s Director of Research Katie Talati discusses her outlook for bitcoin (BTC) as the largest cryptocurrency by market cap climbs above $21,000. She also weighs in on institutional traders’ mixed views about Tesla selling $936 million worth of bitcoin in the second quarter.

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First Mover Americas: Crypto Traders Await Fed Meeting, Bitcoin Rises, Cathie Wood's Ark Dumps Coinbase Shares

The latest price moves in crypto markets in context for July 27, 2022.

"Wait here" marked on the ground. (Gerhard Reus/Unsplash)

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Crypto Traders Split on Upcoming Fed Rate Hike's Impact on Bitcoin

The U.S. central bank has raised rates by 150 bps since March, injecting volatility into asset markets. Some analysts expect BTC to stay resilient after Wednesday's expected hike.

Chicago Federal Reserve Bank building (Joshua Woroniecki/Unsplash)

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First Mover Asia: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles

Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls.

Changpeng Zhao, CEO de Binance. (Archivo de CoinDesk)

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Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.

BTC dropped 6% Tuesday. (CoinDesk Research and Highcharts.com)

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Coinbase's 20% Decline Leads Crypto Names Lower Following Report of SEC Probe

Bitcoin is lower by 3% on Tuesday, with ether and Solana's SOL down by about 7%.

(Leon Neal/Getty Images)

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Bitcoin Below $21K Ahead of Big Tech Earnings and FOMC Meeting

Bitcoin and other major cryptos are trending lower Wednesday with investors eyeing the Federal Reserve’s expected 75-basis-point interest rate hike and the release of quarterly earnings reports from Apple and other tech giants. XBTO Group Head of Trading Paul Eisma discusses his crypto markets analysis and outlook.

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