Browsing: Market

Bitcoin saw a slight uptick, rising 0.17% to $76,185.69 on the 16th (local time). Meanwhile, Ethereum dipped 0.06% to $2,411.94, contributing to a 0.15% reduction in the total cryptocurrency market capitalization, which now stands at $2.58 trillion. Despite the Federal Reserve raising its benchmark interest rate by 0.25 percentage points to 3.75-4.00%, the broader market…

Europe’s Markets in Crypto-Assets (MiCA) Regulation has done more than bring order to the crypto market. It has also laid the groundwork for modernizing financial infrastructure through tokenization.

Add preferred source The U.S. Senate rejected the Digital Asset Market Clarity Act in a 49-50 procedural vote on Tuesday, falling 11 votes short of the 60 needed to advance. Four Republicans joined nearly all Democrats in opposition. The bill would have established a regulatory framework dividing oversight between the SEC and CFTC. Democratic opposition…

The Federal Reserve raised interest rates by a quarter point on Wednesday, its first hike since 2023. Bitcoin (BTC) climbed anyway, defying the old assumption that tighter policy always hurts risk assets.