Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike
U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.
Crypto Traders Say Inflation Already Priced Into Bitcoin
“It’s the same old devastating and boring accumulation phase,” one observer said.
Celsius Files for Bankruptcy; Crypto Unfazed by US inflation
Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
First Mover Americas: BTC Shows Resilience Despite Widespread Risk Aversion, Celsius' Bankruptcy Filing
The latest price moves in crypto markets in context for July 14, 2022.
DEX Contango Pushes Retro Alternative to Perps With 'Expirable Futures'
The decentralized exchange said it will launch a beta version later in the summer after undergoing security audits.
6 Ways Advisors Can Help Crypto Investors Avoid Large Losses
It’s not enough to manage volatility and market risk on behalf of clients.
The $863B Crypto Market May Be Close to Bottom, Mayer Multiple Suggests
The market likely bottomed out in June with the Mayer Multiple dipping below 0.5.
First Mover Asia: M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus
One analyst says "meh" as bitcoin climbs back above $20K as reports surfaced that troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis.
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
