Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communic...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. ...
Read More: Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
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 CryptonewsRelated market context
Ripple Gets Final Federal Approval for a Trust Bank to Manage Its Stablecoin’s Reserves
Ripple announced on Oct. 26 that its trust bank has received its final federal charter, creating a federally supervised entity to...
Hong Kong Gold Exchange-backed XGZ token integrates Chainlink CCIP
The integration of Chainlink CCIP with XGZ token could significantly enhance cross-chain asset liquidity, boosting institutional a...
Ripple Wins Final OCC Trust Bank Approval, Putting $2.5B RLUSD Under Federal Oversight
Key Takeaways: Ripple received final OCC authorization for its national trust bank. The bank will back up both reserves (RLUSD) an...
Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision
Bitcoin Magazine Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision Bitcoin price traded near $80,000 on Monday, afte...
Strategy’s Weekly STRC Buyback Climbs to $205 Million While Its Bitcoin Stack Stays Put
Strategy spent $204.9 million repurchasing 2,068,459 shares of its STRC preferred stock between Oct. 19 and Oct. 25 and bought no...
Ripple Pushes RLUSD Into 24/7 Corporate Cash With AI Treasury Platform Expansion
Key Takeaways: Ripple Treasury introduced Returns 24/7, a program that lets qualified businesses get back 24/7 on their qualifying...