Bitcoin fell below $66,000 amid investor caution ahead of the Federal Reserve meeting chaired by Kevin Warsh for the first time. The Fed is expected to keep interest rates steady but signal a more hawkish outlook, dropping hints of future rate cuts and possibly indicating hikes in 2026 due to rising inflation and strong economic data. Market expectations now lean toward a rate hike by year-end, which could tighten liquidity and reduce institutional demand for risk assets like Bitcoin. The Fed's approach to forward guidance and credit conditions will be crucial in determining market direction going forward.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
