Browsing: Bitcoin News

The U.S. Federal Reserve raised borrowing costs this Wednesday, marking the first timethe Fed raises ratessince 2023. The decision set the benchmark interest rate within a range of 3.75% to 4.00%, prompting an immediate reaction in the price ofBitcoin.

Bitdeer deepens long-term AI data center and cloud contracts while sharply scaling Bitcoin production and overall computing capacity.

Bitcoin’s price oscillated between $75,000 and $76,000 following a market slide triggered by the failed passage of the CLARITY Act in Congress. Investors are awaiting an upcoming Federal Reserve rate decision, where prediction markets expect a 25-basis-point hike.

Add preferred source1 A Bitcoin holder moved 1,604 BTC worth about $122 million between two unidentified wallets hours before the Federal Reserve’s rate decision on Sept. 16. Whale Alert recorded the transfer at 12:20 UTC, with no evidence the coins were sent to an exchange for sale. The move comes as markets overwhelmingly expect a…

Add preferred source The cryptocurrency market showed mixed performance across Tuesday’s sessions, with an evening recovery lifting major altcoins after daytime declines. Solana rose 1.52% to $98.35 and Avalanche gained 1.48% to $7.38 in late trading, while Bitcoin edged up 0.49% to $75,959.42 and Ethereum added 0.26% to $2,403.95. Cardano was the only decliner among…

Add preferred source Brazil’s B3 stock exchange has listed DIGY11, a fund that gives investors exposure to publicly traded companies holding Bitcoin on their balance sheets. The product trades in Brazilian reais through standard brokerage accounts and does not hold Bitcoin directly, nor does it replicate the cryptocurrency’s price. Returns depend on both Bitcoin’s performance…