Bitcoin Rises as Inflation Data Keeps Fed Rate Hike Odds Near 62%
Bitcoin climbed after inflation data showed prices holding at 3.4% annually, with traders still pricing in a near 62% chance of a Fed rate hike.
Bitcoin climbed after inflation data showed prices holding at 3.4% annually, with traders still pricing in a near 62% chance of a Fed rate hike.
Standard Chartered has initiated coverage of Sky, forecasting the SKY token will rise fivefold to $0.325 by the end of 2028 on growing USDS adoption.
Bitwise is closing its Dogecoin ETF BWOW less than a year after launch, with trading ending October 14 and cash payouts to follow.
Metaplanet reversed course on executive compensation, cutting its Series 10 stock pool by 41% and scrapping an employee warrant plan while unveiling a new Hong Kong trading subsidiary.
Bitcoin slid below $77,000 then recovered toward $77,300 after hot CPI data raised Fed rate-hike odds to near 70%, CoinDesk reports.
Oracle's cloud infrastructure revenue more than doubled year-over-year, beating earnings expectations and lifting shares.
India's SEBI launched a tokenized corporate bond pilot settled via digital rupee, with three issuers raising over $100 million as regulators eye the country's $620 billion bond market.
Blockstream says it won't pay a ransom to hackers holding almost 600 BTC from the Liquid exploit, opting instead to pursue recovery through law enforcement and forensic firms.
Sam Bankman-Fried has asked the U.S. Supreme Court to overturn his fraud conviction and $11 billion forfeiture, arguing he was wrongly blocked from presenting evidence on FTX's assets.