Finance
Surge in Crypto Stocks as Powell Points to Possible Rate Cuts
Crypto-related stocks saw significant increases after indications from Federal Reserve Chair Jerome Powell regarding possible interest rate cuts in September.
Recent in
Recent in
Crypto-related stocks saw significant increases after indications from Federal Reserve Chair Jerome Powell regarding possible interest rate cuts in September.
As Brian Quintenz's nomination for CFTC chairman remains stalled, Acting Chair Caroline Pham moves forward with crypto recommendations.
SharpLink is set to buy back shares amounting to $1.5 billion depending on market conditions.
Market dynamics shifted dramatically as institutional sell-offs of XRP occurred, amid broader trends influenced by Federal Reserve comments.
Jerome Powell suggests that the Federal Reserve may be considering a rate reduction during his address at Jackson Hole, leading to a rise in Bitcoin's value.
A review of the latest performance from the CoinDesk 20 index shows no assets registered gains since Thursday.
Haycen has successfully secured a stablecoin issuance license from the Bermuda Monetary Authority to bolster its efforts in trade financing.
Executives from top South Korean financial institutions will meet with representatives from Tether and Circle to discuss the potential integration of stablecoins into the country's financial system.
Australia's AML regulator directs Binance to engage external auditors due to governance issues.
As Jerome Powell prepares to address the economic landscape, analysts weigh in on the potential volatility of Bitcoin prices.
Crypto markets are facing challenges as Bitcoin struggles to break above $115K, with ETF outflows adding to the pressure amid macroeconomic concerns.
Ripple and SBI VC Trade aim to introduce a new stablecoin, RLUSD, in Japan, enhancing the country's digital finance landscape.
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