Bitcoin News

Bitcoin News

Mercati

Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount

Investors had already largely priced in the U.S. central bank’s 75-basis point hike.

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Arcane Research: Decline in WBTC Likely Related to Celsius Loan Payment

Glassnode data shows the number of wrapped bitcoin (WBTC) declined to around 236,000, the lowest level since bitcoin (BTC) hit all-time highs in late 2021. According to Arcane Research, the drop could be related to Celsius repaying a WBTC loan as the troubled lender filed for bankruptcy. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Spikes Above $22K as Fed Raises Rates by 75 Basis Points Again

Bitcoin (BTC) climbing above $22,000 Wednesday as the U.S. Federal Reserve announced a second consecutive 75 basis-point rate hike. Marketgauge Group Managing Director Michele Schneider and Bitwise Asset Management President Teddy Fusaro join "All About Bitcoin" to discuss what the decision means for the crypto markets.

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Mercati

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)

Finanza

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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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)

Mercati

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)

Mercati

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)