News Explorer — Bitcoin, Ethereum Prices Dip As the Fed Teases Interest Rate Cut

Generated by AI, curated by humans

Jun 12, 6:51 pm

Decrypt

Bitcoin, Ethereum Prices Dip As the Fed Teases Interest Rate Cut

Cryptocurrency prices fluctuated as the Federal Reserve's commentary on inflation provided new insights. The Fed left interest rates unchanged, but its "dot plot" indicated a shift in financial conditions, suggesting a more hawkish stance. This led to a decline in cryptocurrency prices, including Bitcoin, Ethereum, and Solana.

Cryptocurrency prices fluctuated as the Federal Reserve's commentary on inflation provided new insights. The Fed left interest rates unchanged, but its "dot plot" indicated a shift in financial conditions, suggesting a more hawkish stance. This led to a decline in cryptocurrency prices, including Bitcoin, Ethereum, and Solana.

Latest

Jul 11, 8:31 pm

Blockworks

Solana 'Sandwich Attacks' Are Falling Thanks to Network Improvements

Max Resnick from Anza revealed that sandwich attacks on Solana have significantly decreased due to improvements in the n... Read Summary

Jul 11, 8:25 pm

Decrypt

Upexi Set to Have Largest Solana Treasury of Public Firms After $200 Million Raise

Upexi is strengthening its Solana treasury by raising $200 million through an equity offering and the sale of convertibl... Read Summary

Jul 11, 8:05 pm

Decrypt

CoreWeave's Core Scientific Deal and Bitcoin ETF Surge Lead Week in Publicly Traded Crypto Moves

CoreWeave and Core Scientific are merging in a $9 billion all-stock deal, with Core Scientific trading as CORZ and CoreW... Read Summary

Jul 11, 6:24 pm

Decrypt

GMX Hacker Returns Funds After Swiping Bitcoin, Ethereum in $40 Million Heist

An attacker exploited a flaw in GMX's codebase, stealing over $40 million in crypto, but later returned $40.5 million, i... Read Summary

Jul 11, 6:00 pm

Decrypt

Grayscale Pushes Back on SEC Pause of ETF Holding XRP, Solana and Cardano

Grayscale has contested the SEC's decision to delay its Bitcoin, Ethereum, Solana, XRP, and Cardano ETF debut, citing ha... Read Summary

Jul 11, 5:18 pm

Decrypt

XRP Price Skyrockets as Open Interest Soars Towards Record

XRP has gained nearly 27% in the past week, outpacing Bitcoin amid its recent push to new all-time highs. Open interest... Read Summary

Jul 11, 4:30 pm

DL News

Bitwise Analyst Projects Big Bitcoin Jump—Here's How

Bitcoin recently reached a record high of $118,800, with a Bitwise analyst predicting further gains due to low open inte... Read Summary

Jul 11, 4:38 pm

Decrypt

Ethereum Foundation Sells $30 Million Worth of ETH to SharpLink Gaming

SharpLink Gaming's stock surged above $20 per share after the firm acquired $30 million worth of ETH from the Ethereum F... Read Summary

Jul 11, 4:12 pm

Decrypt

Dogecoin, Pepe and Mog Coin Flying High in Latest Meme Coin Surge

Dogecoin (DOGE) surged 12% in the last 24 hours, leading the meme coin market as traders anticipate Pump.fun's ICO for i... Read Summary

Jul 11, 2:56 pm

Coindesk

Robinhood Faces Florida Investigation for Allegedly Misleading Crypto Customers

Florida Attorney General James Uthmeier has evidence suggesting that Robinhood Crypto falsely advertised as the cheapest... Read Summary

Jul 11, 3:01 pm

Decrypt

Will Pump.fun's Solana Token Surge After Saturday's Sale? Here's What Experts Say

Pump.fun's ICO for the Solana token PUMP is set to launch on July 12, with 150 billion tokens available for purchase at... Read Summary

Jul 11, 3:00 pm

DL News

Bitcoin Traders Bet on $140K Price by September After All-Time Highs

Bitcoin set a new price record this week, reaching $118,667, with analysts predicting a further increase to break the $1... Read Summary

Jul 11, 1:31 pm

DL News

'Lucky Traders' Make Bank From Kolscan Token By Buying Ahead of Pump.fun Acquisition Announcement

Pump.fun acquired Kolscan, leading to significant profits for traders who were apparently clued in and bought the token... Read Summary

Jul 11, 12:47 pm

Blockworks

Coinbase Adds Opyn Leadership to Lead On-Chain Markets Team

Coinbase has acquired Opyn's CEO and Head of Research in an acqui-hire deal, aiming to leverage their expertise in DeFi... Read Summary

Jul 11, 10:00 am

www.wired.com

Trial Awaits Roman Storm, the Developer Behind Tornado Cash, Raising Concerns for Software Development Freedom

Roman Storm, a creator of Tornado Cash, is set to go on trial in New York on July 14. His message to supporters expresse... Read Summary