Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date. www.coindesk.com
rate
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Your look at what’s coming in the week starting Sept. 21. www.coindesk.com
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Markets
Bitcoin weathers September storm as rate hikes and Clarity act setback test bulls
by shayaanby shayaanBitcoin is down just 1.5% in its historically weakest month and remains on track for its first quarterly gain in a year, …
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Finance
FED Raises Interest Rates, Citi and Goldman Sachs Update Their Forecasts! Is a Rate Cut Possible?
by shayaanby shayaanWhile tensions surrounding the Clarity Act continue in Bitcoin and altcoins, the Fed yesterday raised its policy interest rate by 25 basis …
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Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede …
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Finance
Fed data shows hedge funds added $400 billion before Bitcoin’s September rate test
by shayaanby shayaanNewly released Federal Reserve data show domestic hedge funds expanded their gross balance sheets during the second quarter, months before the central …
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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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Finance
20 Wall Street Banks Update Their Fed Rate Forecasts—Here’s the New List
by shayaanby shayaanThe fact that August inflation data in the US came in slightly above expectations quickly strengthened expectations of a Fed interest 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 …