Bitcoin dropped to $77k after Fed Chair Warsh hinted at more rate hikes, raising inflation fight concerns. However, Fed Governor Waller later suggested rates might stay unchanged in September, sparking a 5% Bitcoin rally and $730.8 million inflow into spot BTC ETFs. This shifted market expectations, lowering the odds of a rate hike from 57% to about 50%. Historically, Fed decisions have caused Bitcoin price swings, with rate hikes typically bearish for crypto. The upcoming Fed decision remains a key market pivot point, with potential for significant crypto price moves depending on the outcome and ETF demand trends.
The G7 Cyber Expert Group has called on financial institutions to start planning a coordinated transition to post-quantum cryptography to safeguard against future quantum computer threats. This shift is a long-term effort requiring extensive inventor...
Michael Saylor, Executive Chairman of Strategy, stated that Americans can publicly discuss and recommend Bitcoin without needing a license, emphasizing Bitcoin as a commodity, not a security. This stance aligns with the Commodity Futures Trading Comm...
Grant Thornton Switzerland has officially attested the Cardano Foundation's 2025 financial statements directly on the Cardano blockchain, marking the first time a major crypto organization has received an on-chain auditor's signature. This audit, dat...
Bitcoin briefly rose above $82,000 on September 4 but then dropped 2.1% to around $79,560 after stronger-than-expected US employment data raised Treasury yields and the likelihood of a Fed rate hike. This weakened demand for risk assets like Bitcoin,...
Bitcoin fell nearly 4% from its recent high of $82,281 to around $79,000, testing a key support level at $78,000. This support will determine if the recent bullish breakout holds or if prices could drop further toward $74,081. The prior rise was part...
