Jerome Powell
In a speech on Wednesday, the U.S. central bank’s chief Jerome Powell hinted at slowing rate hikes starting in December. The #crypto
market response was positive, showing an overall 3.11% increase against the U.S. #dollar
.
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Bitcoin Surges Over $28K; Solana Leads Alts Gains as Crypto Bears Lose $94M
Bitcoin (BTC) rose above the $28,000 mark early Monday to log its highest prices in over a month as analysts pointed to ETF optimism and seasonality as a few reasons behind the gains. Traders at Japanese exchange Bitbank were already eyeing the ...
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Sep. 29, 2023

Bitcoin’s Slips Below $27K, But What Might Government Shutdown Mean for Prices
While Bitcoin ( BTC ) remains on track to end its six-year streak of September losses, a modest pullback ahead of what could be an imminent federal government shutdown could put this month’s advance in jeopardy. The largest crypto by market capi...
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Sep. 29, 2023

Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
Valkyrie Friday morning said it will not purchase ether ( ETH ) futures until the U.S. Securities and Exchange Commission’s (SEC) approval of adding that vehicle to its Bitcoin Strategy ETF (BTF) is effective. In an SEC Form 497 filing , the $7...
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Sep. 29, 2023

First Mover Americas: Circle Argues Stablecoins Aren’t Securities in Response to SEC’s Binance Lawsuit
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 Stablecoin iss...
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Sep. 29, 2023

Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump
Bitcoin (BTC) prices held steady above the $27,000 level Friday even as broader financial markets showed mixed movements. Global oil prices retreated after a surge , while stocks in Asia and Europe inched higher as of Asian afternoon hours. Cry...
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Sep. 29, 2023

Ether Bears Lose $11M as ETF Hopes Lift ETH Prices
Short trades on ether (ETH) bore the brunt of futures liquidations in the past 24 hours as major financial firms readied a formal plan to issue ether futures ETFs in the U.S. Ether prices rose as much as 5% and trading volumes bumped nearly 25%,...