Browsing: Grayscale

Grayscale says the Federal Reserve’s latest rate hike will not drive major changes in crypto markets. Nor would a second increase this year.

Add preferred source The Federal Reserve raised its policy rate to a range of 3.75% to 4.00%, and Grayscale’s research division said the impact on cryptocurrency markets will be limited. The asset manager characterized the hike as a “mid-cycle adjustment” and argued that the one or two rate increases expected during 2026 are unlikely to…

Grayscale Head of Research Zach Pandl says Bitcoin (BTC) reached its cycle low on June 30 at roughly $58,000, and that the asset manager has begun advising clients to add exposure to the asset class. He shared the view at Avalanche Summit in New York during an interview with The Block. Pandl said Grayscale made…

Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Although the US Federal Reserve (FED) subsequently raised its benchmark interest rate for the first time in three years, $BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.

Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Although the US Federal Reserve (FED) subsequently raised its benchmark interest rate for the first time in three years, $BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.

Grayscale’s updated filing to convert its Bitcoin Cash trust into an ETF, combined with a mildly risk-on crypto backdrop, is the clearest identifiable driver of Bitcoin Cash’s (BCH) roughly 3.6 percentage point move.