The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.
Federal Reserve 2024 rate cut could prove perfect catalyst for BTC halving
An increase in the Fed rate is considered bearish for the crypto market as it constrains the flow of funds into the market, while a rate cut is seen as bullish as it boosts risk appetite among investors.
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed’s benchmark interest-rate range is currently 5.25% to 5.5%.
Bitcoin bulls fight to hold $34K as CME BTC open interest surpasses 100K
A surge in CME BTC volumes and open interest highlight institutional investors’ growing interest in Bitcoin. Will it be enough to keep the price in the current range?
MicroStrategy’s Bitcoin stash is back in profit with BTC price above $30K
The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet.
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years.
Macro factors to spark next crypto bull market in Q2 2024, Real Vision’s Raoul Pal says
Macro factors will play a dominant role in sparking the next crypto bull market, which should start in Q2 2024, according to Raoul Pal.
Bitcoin Barely Holds $26K as Interest Rate Surge Continues
Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking 1.2% to its lowest level since early June.
Bitcoin Sinks to 25.5K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause
Ether tumbled below $1.7K just two hours after the U.S. central bank met widespread expectations by ending its more than year-long diet of interest rate increases.
Fed Leaves Policy on Hold, Ending Long String of Rate Hikes
The U.S. central bank signaled it might restart rate hikes in coming months if inflation doesn’t continue to recede.
DeFi protocol Voltz launches SOFR swaps on Avalanche
Investors can now hedge against interest-rate risk in a DeFi environment by trading Secured Overnight Financing Rate (SOFR) swaps.
Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments
“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.
Bitcoin price risk? US debt deal to trigger $1T liquidity crunch, analyst warns
Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department.
US GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip
A brisk slowdown in GDP fails to offer any direction for crypto markets, with Bitcoin slowly claws back lost ground below $30,000.
Historical Bitcoin price fractal hints at rally toward $50K
Bitcoin’s price in 2023 is mirroring a 2015 fractal that saw BTC price doubling from $350 to $700 in seven months.
Will Bitcoin break above $30K? New JOLTS data, weaker dollar boost chances
Bitcoin price is poised to reach $31,000 in April amid a lower vacancy turnout in the U.S., which risks crashing the dollar strength index to a yearly low.
Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation
The U.S. central bank confirmed expectations of raising the rate by 25 basis points.
First Mover Americas: Bitcoin Traders Await Fed’s Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
First Mover Americas: Bitcoin Holds Steady at $28K Before Fed Meeting
The latest price moves in bitcoin (BTC) and crypto markets in context for March 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Will the Fed stop rate hikes? 5 things to know in Bitcoin this week
Bitcoin targets $30,000 as a new week of macro surprises gets going — what might happen next?