Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target ra...
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
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HTX Gives the High Court a Five-Year Pledge on UK Crypto Promotions as FCA Case Settles
Crypto exchange HTX, formerly Huobi, has given undertakings to the High Court that it will not knowingly promote crypto services t...
Bitcoin Slips Below $80,000 After Fed Holds Rates and Tech Shares Weaken
TL;DR: Bitcoin slipped below $80,000 in early October 29 trading as markets digested the Federal Reserve’s decision to leave rates...
Ethereum Client Updates Address Certificate Risk in Teku and Besu
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Strategy reports $19.5B Q3 profit on Bitcoin gains as MSTR slips 2.5% after hours
The significant Bitcoin gain highlights the volatility and potential risks of relying heavily on cryptocurrency for corporate fina...
Strategy Q3 net income soars to $20B on bitcoin value surge
Strategy's reliance on bitcoin highlights the volatility risk in its financial performance, emphasizing the need for diversificati...
Bitcoin rebounds as investors reassess rate outlook amid AI stock sell-off
Bitcoin's resilience amid market volatility suggests a potential shift in investor strategy, highlighting crypto's role as a hedge...