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.
Related news
Markets
Mar. 28, 2024
Bitcoin Cash Rallies 13% Ahead of BCH Halving, Bitcoin Steady Around $70K
Some traders warned of a further market-wide pullback if bitcoin lost the $69,000 level in the coming days. Dogecoin jumped 6%, while Bitcoin Cash saw a 13% rise ahead of an expected halving event on April 4, which historically has preceded a b...
Markets
Mar. 28, 2024
Bitcoin, Ether Could Witness Upside Volatility as $15B Options Expiry Looms
On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $9.5 billion and $5.7 billion, respectively. Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), ...
Markets
Mar. 27, 2024
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
Decentralized finance ( DeFi ) protocol Ethena, which offers the $1.3 billion USDe token, unveiled plans Wednesday to debut its governance token by airdropping tokens to users on April 2, according to a blog post . The protocol is set to airdro...
Markets
Mar. 27, 2024
BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering
BlackRock's first tokenized asset fund is off to a strong start, garnering a significant market share of the blockchain-based tokenized U.S. Treasury market just a week following its debut. Blockchain data shows that BlackRock's BUIDL raked in...
Markets
Mar. 27, 2024
Ondo Finance to Move $95M to BlackRock's Tokenized Fund for Instant Settlements for Its T-Bill Token
Tokenized real-world asset (RWA) platform Ondo Finance is moving $95 million of assets to BlackRock's brand-new tokenized fund BUIDL to allow instant settlements for its own U.S. Treasury-backed token (OUSG), Nathan Allman, CEO of Ondo Finance,...
Markets
Mar. 27, 2024
Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
Mantle's market value rose to over $4 billion. The layer 2 blockchain said users can lock their MNT into a vault and accumulate rewards. Mantle, the layer 2 scalability solution built atop Ethereum, witnessed its native token surge to a fresh...