Bitcoin’s price appears to be in a holding pattern ahead of Wednesday’s Federal Reserve decision on interest rates, slipping to under $82,000 Tuesday morning.
Trading volume has dropped sharply week-on-week, while just 1% of traders are holding out hope that the Federal Reserve will announce a rate cut tomorrow, according to the CME FedWatch Tool.
Predictors on MYRIAD, the decentralized prediction market launched by Decrypt’s parent company DASTAN, were split on whether Bitcoin would rise above $83,000 by the end of the week, with 56% voting yes as of Tuesday morning.
Bitcoin Price Goes Slack Ahead of US Fed Decision on Interest Rates
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The blockchain’s patriotic-themed ad campaign has drawn criticism, with some calling it “toxic” and at odds with crypto’s inclusive values.
Xapo Bank Debuts Bitcoin Loans, Calls Out ‘Predatory’ Crypto Lenders
Gibraltar-based private bank Xapo said it is has begun accepting members’ Bitcoin as collateral for loans.
Microsoft Flags Trojan Malware Targeting MetaMask, Phantom and Coinbase Wallets
Microsoft researchers have flagged new malware that can scan for and extract credentials from MetaMask, Coinbase, and Phantom wallets.
Yield-Bearing Stablecoins Will Underpin New Financial Architecture: Coinshift CEO
The next evolution of stablecoins represents a trillion-dollar opportunity, argues Coinshift CEO Tarun Gupta.
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