Bitcoin, Ethereum Drop Sharply After Fed Signals More Interest Rate Hikes to Come
Bitcoin nosedived following the central bank’s decision to raise rates by 50 basis points.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Royal Bank of Canada increases stake in Strategy by 14% with $4M purchase
RBC's increased stake in Strategy highlights growing institutional interest in crypto exposure through regulated stock proxies ami...
Binance XRP open interest hits two-month high, but the signals underneath are bearish
Rising open interest amid bearish signals suggests potential volatility, with retail activity increasing as whales remain inactive...
Canaan counted paused Ethiopia mining as nearly 35% of its July operating hashrate total
Canaan's July mining update counted 4.96 exahashes per second from paused operations in Ethiopia inside 14.24 EH/s of global opera...
Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it
Strategy (formerly MicroStrategy) directed all $333.7 million raised from common-stock sales last week toward preferred-stock obli...
Ethereum wants to hide your trades from bots before they can attack
Ethereum developers are weighing a new defense against predatory trading bots that exploit pending transactions before they reach...
Securitize brings Neuberger’s $230 billion fixed-income platform onchain with new tokenized fund
HINC will be available across Avalanche, Ethereum, Solana and Sui, as Securitize expands its push to bring fixed-income strategies...