Bitcoin Faces Headwinds As ETF Optimism Stalls; DOGE, SOL Give Back Gains
Ether (ETH) lost 0.5%, while dogecoin (DOGE) and solana (SOL) slumped as much as 5% as traders likely took profits.
U.S. Federal Reserve’s Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Bitcoin Retakes $35K After FOMC as Solana’s SOL Leads Sharp Altcoin Rally
The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.
Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K
Market participants will now turn to Fed Chair Jerome Powell's post-meeting press conference to glean insight into the future path of U.S. central bank policy.
Bitcoin’s 300% Surge From Early 2019 in Focus As Fed Officials Favor Rate Pause
The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle.
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”
Bitcoin Bulls Missing in Action After Mt. Gox Delays BTC Repayments
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce.
Bitcoin, Crypto Prices Little Changed as Federal Reserve Holds Interest Rates Steady
The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank's next policy meeting in November.
Bitcoin Price Volatility Likely to Stay Depressed After Fed Rate Decision
The Fed will announce its rate decision on Wednesday at 14:00 ET. The way bitcoin options are priced suggests the cryptocurrency may not move more than 3% by Friday.