Interest Rates

The number of individuals holding more than one bitcoin rose to new heights on Sunday as investors remain skittish on bank sector stability

The Federal Reserve opted for another small interest rate hike, with both equities and crypto markets enjoying what they see off the bat

Some believe the fallout from Silicon Valley Bank, Silvergate and Signature Bank has only added fuel to the rally in digital assets

The central bank raised interest rates by 25 basis points — that’s not surprising — but all eyes are on the subtext

If Powell and the committee signal a forthcoming pause in interest rate hikes, markets will react favorably, but a hawkish stance will likely send shares plummeting again

Bitcoin and ether lost close to 3% and 4%, respectively, ahead of the Fed’s rate decision

The Fed is expected to continue raising interest rates, although at a slower pace, delaying the shift in policy traders have been eyeing

Markets remain indecisive, with wide 2% swings seen in both directions shortly the report’s release

An early, solid 2023 showing for markets has a slim shot of translating to the rest of the year, analysts said

The hike marks the Fed’s seventh consecutive rate increase, a strategy it hopes will curb the highest inflation the country has seen in more than four decades

Q3 advertising struggled, partly due to a pullback in spending from crypto companies, Google’s Chief Business Officer Philipp Schindler said

Powell was guarded when asked about what might come in November — markets are still betting on a 75 bps increase at the next FOMC meeting

Following Powell’s speech, markets predict chance of a 75 basis point September rate hike is slightly lower compared to earlier in the week

Futures markets are now pricing in a 53% chance of a 50 basis point hike and a 48% chance of a 75 basis point hike in September

Overall economic activity appears to have slowed a bit, Fed officials wrote in their statement released Wednesday, but employment remains high

Central bankers predict elevated unemployment rates, prolonged higher prices and a slowdown in economic activity going forward

Bitcoin and equities rallied late in the session, suggesting rate hikes may be mostly priced in and may not push markets down in the future

Increased concerns with rising inflation, ongoing supply chain pressures and the war in Ukraine are leading to greater financial hardships for Americans, the Fed said

Investors are likely expecting a non-aggressive approach to interest rates following Wednesday’s change, leading to a jump in markets

The total nonfarm payroll in the United States rose by 467,000 in January, far exceeding expectations

Bitcoin, ether and stocks drop after the White House accuses Russia of planning a staged attack on itself to provoke an invasion of Ukraine

Bitcoin dropped as much as 5% while ether dropped as much as 5.7% on the day

India has decided to embrace cryptocurrency and will look to create a digital rupee, signaling further adoption of the technology

Investors turned back to riskier assets like tech and crypto in an attempt to take advantage of lower entry points

The number of big-name brands and tech companies investing in the metaverse and crypto signals a high level of confidence in the sector