No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without a...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Polymarket Takes Ohio to Federal Court, Citing New CFTC Rules After Kalshi’s Appeals Loss
Polymarket US has sued Ohio’s attorney general and casino regulators in federal court, arguing that CFTC rulemaking from this mont...
Strive, Strategy Shares Jump as Bitcoin Price Eyes $85K
Shares of bitcoin treasury companies Strategy and Strive surged Wednesday, extending gains as bitcoin rebounded to hit its highest...
Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Real-world assets already back the largest stablecoins, yet borrowing against them onchain still runs through variable-rate pools....
Microsoft and McDonald’s Push Back Against OKX-ICE Tokenized Stocks
McDonald’s, Microsoft, Alphabet and Goldman Sachs are pushing back against Wall Street’s latest blockchain experiment, formally ob...
Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans
Bitcoin Magazine Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans Kalshi is doubling down on its bid...
Clear Street reiterates buy rating on Strategy, lifts price target to $211
Clear Street's optimism suggests potential growth for Strategy, but reliance on Bitcoin's stability and preferred stock dynamics p...