Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range,…
Browsing: Fed
Bitcoin sank below $59,000 having spent much of the weekend above the $60,000 mark. BTC traded around $58,550…
Traders, however, are split on the size of the impending rate cut, setting the stage for a potential…
Ether (ETH) led losses among majors with a 5.5% drop over the past 24 hours, per CoinGecko data,…
“I think [it] is a close call,” Jon Faust, previously a senior advisor to Fed Chair Jerome Powell,…
Rate moves are expressed in “basis points (bps),” equal to 1/100 of a percentage point and central banks,…
“Typically, rate cuts are perceived as bullish catalysts for risk assets,” they wrote. “A 25 basis point rate…
The price of Bitcoin experienced an early weekend surge following Federal Reserve Chairman Jerome Powell’s speech at the…
Roman Storm, one of the developers of Tornado Cash, is currently facing trial over his role in the…
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees,…