Bitcoin (BTC) ticked higher around the May 10 Wall Street open as United States inflation data beat expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMarkets eye June Fed rate hike pauseData…
At its last meeting earlier in May, the U.S. Federal Reserve's Federal Open Market Committee (FOMC) indicated it's considering at least a pause in its historic run of rate increases…
"Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value. We think the track record for…
The majority of people will have their wealth progressively eaten away by the devaluation of money, according to Arthur Hayes, the co-founder and former CEO of crypto derivatives exchange BitMEX. According…
Bitcoin, the largest cryptocurrency by market capitalization was recently trading at about $29,900, down the better part of a percentage point over the past 24 hours. Ether, the second largest…
Facing mounting pressure to roll back rate hikes, including protests by farmers and car dealers along with bipartisan political intervention, the Federal Reserve yielded. As unemployment exceeded 7% in May,…
The sharpest part of bitcoin’s rally, after all, has come since Monday, March 13, when it was announced that the floundering Silicon Valley Bank would get a bailout. In a…
Ether was changing hands just above $1,700, about where it stood on Monday, same time. The second largest cryptocurrency has roughly matched BTC's upswing this week. Other major cryptos spent…
Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk…
Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CoinDesk that he wouldn't be surprised to see post-CPI-release gains dissipate by the end of this week. DiPasquale highlighted that…
