“The industry doesn’t need Congress,” Dan Morehead, founder and managing partner of Pantera Capital, said on CNBC’s Squawk Box on Friday morning, …
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hike
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Your look at what’s coming in the week starting Sept. 21. www.coindesk.com
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Markets
Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade
by shayaanby shayaanStarknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents …
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Goldman Sachs now expects the Federal Reserve to raise its benchmark interest rate again in October, a 180-degree pivot from its earlier …
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Markets
Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
by shayaanby shayaanBitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement …
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The widely expected move places the U.S. Federal Reserve’s benchmark fed funds rate range at 3.75%-4.0%. www.coindesk.com
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Gold buyers just got a reminder of how quickly a single inflation report can shift the mood in the metals market. Prices …
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Scams
Wall Street Bets on Fed Rate Hike: Here’s What It Means for Bitcoin, Bonds and Trump
by shayaanby shayaanIn brief CME’s FedWatch tool puts the odds of a 25-basis-point hike Wednesday at 94.5%, which would push the federal funds rate …
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The Federal Reserve is heading toward a major policy test as markets now see an 87% chance of a rate hike at …
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Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. www.coindesk.com
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