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Markets
Tron's TRX Bumps 27% as DAO Deploys $220M for Token Purchase
Founder Justin Sun has injected over $2 billion this week to support the Tron market.
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads
Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
"The labor market is extremely tight, and inflation is much too high," said Chair Jerome Powell.
First Mover Americas: Bitcoin Slides Toward $20K in Record Losing Streak as Fed, ECB Meet
The latest moves in crypto markets in context for June 15, 2022.
Bitcoin Drops Toward $20K Amid Contagion Risks in Crypto Markets
The asset is nearing a price level not seen since 2020 as prominent crypto firms see possible insolvencies.
Three Arrows Faces Possible Insolvency After Unforeseen Liquidations: Report
The investment firm has been one of the most-vocal crypto market participants in the past few years.
'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows
The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets.
Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
Bitcoin hovered around $22,000, down about 5% over the past 24 hours.
Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure
The CME FedWatch Tool shows traders see a 94% chance of a 75 basis-point hike to be announced Wednesday.
