Crypto goes up as Fed agrees on 0.75 percentage point rate hike

The Federal Open Market Committee unanimously decided on a 0.75 percentage point rate hike. Bitcoin, Ethereum, and other cryptos fell upon the announcement, but rose in the aftermath.
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Nov. 28, 2023

Bitcoin Remains On Track for $100K by Year-End 2024: Standard Chartered
Things are going as expected, according to Standard Chartered Bank, reiterating its April forecast that bitcoin [BTC] would reach $100,000 by the end of 2024. The next catalyst, wrote the bank's Geoff Kendrick and team, will be the approvals of ...
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Nov. 28, 2023

Bitcoin Pushes Above $37.7K on Dovish Comments From Fed's Waller
Recent data suggesting a slowdown in the economy and continuing moderation in inflation means U.S. Federal Reserve policy is in the right spot, said Fed Governor Chris Waller, speaking at an event in Washington, D.C. "Something appears to be g...
Markets
Nov. 28, 2023

First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand
This article originally appeared in First Mover , CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices Top Stories As investors a...
Markets
Nov. 28, 2023

CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal
The gap between prices for BTC and ETH's "next month" and "front month" futures surged last week to the highest since 2021. The so-called contango indicates bullish sentiment in the market. A rare pattern recently emerged in the Chicago Merca...
Markets
Nov. 28, 2023

Dogecoin Now Held at 5M Crypto Addresses, Though Concentration Remains a Concern
The adoption of joke cryptocurrency dogecoin [DOGE] continues to grow two years after the coronavirus pandemic that supposedly saw people beat lockdown boredom by gambling millions in non-serious digital assets. The number of cryptocurrency addr...
Markets
Nov. 28, 2023

Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker
Taipei-based cryptocurrency trading and investment firm Kronos Research has opened doors for negotiations with a hacker who made off with $25 million of the firm's treasury early this month. In a message to the hacker, Kronos said, send back 90...