Topic
federal reserve
3 stories
Zcash sets a record on a Paradigm disclosure as crypto shrugs off the Fed's first hike since 2023
Zcash hit a record near $1,369 after Paradigm disclosed it owns the token, while a leverage-heavy crypto market rallied through the Fed's first rate hike since 2023 and $345 million of positions were force-closed.
Traders Wanted a Rate Signal From Fed Chair Warsh. They Got a Lecture on AI.
Fed Chair Kevin Warsh used a closely watched appearance to talk up artificial intelligence rather than interest rates, denying crypto traders the monetary-policy signal they wanted while Bitcoin idled near $78,300.
Bitcoin claws back above $61,000 as a soft jobs report ends the ETF bleed — but the 'dovish' read has holes
Bitcoin rebounded above $61,000 and US spot bitcoin ETFs took in roughly $222 million on July 2, ending a 10-day outflow streak, after a weak June jobs report trimmed the odds of another Fed rate hike this year.