Bitcoin holds $28K due to spot buying, but institutional investors are still selling
Analysts suggest that the current Bitcoin rally is driven mainly by retail spot traders, while institutions are net sellers.
The banking crisis threatens the Fed’s inflation fight. Here’s how.
The collapse of Silicon Valley Bank has thrust the financial system into distress, pulling attention away from a separate problem: sky-high inflation.
Crypto Exchange OKCoin Suspends Trading of Miami and NYC CityCoins
The exchange said “unexpectedly low liquidity” poses risks to users, which the platform tries to avoid.
Crypto Exchange BitMEX’s Acting CEO: We Have Gone Through the ‘Valley of Death’
But Stephan Lutz says the trading platform is now reaping the benefits of the current crypto market.
Why are used-car prices going up? What the cost bump means for inflation, more
Used-car prices are rising again, reversing a recent downtrend. What’s that mean for your budget, inflation, and the Fed’s approach to interest rates?
Breaking: Coinbase argues core staking services are not securities in its letter to SEC
US-based crypto exchange Coinbase sought clarification regarding the crypto staking services via its letter to the US Securities and Exchange Commission (SEC).
Biden Nominates Indian-Origin Woman As Deputy Chief Of US Finance Agency
US President Joe Biden intends to nominate Indian-American Nisha Desai Biswal to a top administrative position in the US International Development Finance Commission, the White House said Monday.
Live updates: Global markets and banking crisis
US stock futures and global markets rose Tuesday after coordinated action by the Federal Reserve and other leading central banks to keep dollars flowing around the financial system appears to have calmed nerves for now.
U.S. sees deposits stabilizing as some regional banks reel
A U.S. official said on Sunday that the deposit outflows that left many regional banks reeling in the wake of Silicon Valley Bank’s failure had slowed and in some cases reversed, as investors tried to ascertain whether the crisis was contained.
Bitcoin Seesaws Below $28K as Investors Eye Fed Interest Rate Decision
The U.S. central bank is widely expected to boost the rate 25 basis points.