Markets

Crypto Coin AVAX Drops 11% After Self-Described Whistleblower Says Avalanche Weaponized Litigation Against Rivals
Ava Labs CEO rejected the accusation as "conspiracy theory nonsense."

Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course.

Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
The Federal Reserve chair said households and businesses should prepare for pain as the central bank works to bring down inflation.

Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished
The U.S. central bank chair, in a speech Friday morning, doubled down on his intent to aggressively hike interest rates to bring inflation down.

First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
The latest price moves in crypto markets in context for Aug. 26, 2022.

Markets Should Prepare for Persistent Inflation and Continued Rate Hikes
U.S. Federal Reserve speakers were out in force one day ahead of Chairman Powell’s keynote address at the Jackson Hole conference.

Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech
Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.

NFT- and Metaverse-Related Cryptocurrencies Underperform as Floor Prices Sink
FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.

First Mover Americas: Bitcoin Gains Stall at $22K as Markets Await Powell at Jackson Hole
The latest price moves in crypto markets in context for Aug. 25, 2022.


