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Federal Reserve holds interest rates steady at 5.25%, pauses hikes
Federal Reserve holds interest rates steady at 5.25%, pauses hikes

Share link:In this post: The Federal Reserve kept its key interest rate unchanged at 5.25%, pausing further hikes despite recent inflation. The Fed reduced its forecast from three rate cuts to just one this year, which may disappoint markets expecting more. Analysts expect short-term volatility in Bitcoin and stable ETF flows, with the global trend towards monetary easing likely supporting asset prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any

Cryptopolitan·2024/06/12 20:40
Terraform agrees to pay $4.47 billion in proposed judgment with the SEC
Terraform agrees to pay $4.47 billion in proposed judgment with the SEC

The SEC filed a “proposed final consent judgment” on Wednesday asking Judge Jed Rakoff of the U.S. District Court for the Southern District of New York to approve the plan. Under the proposed judgement Terraform would pay $3.58 billion in disgorgement, $420 million in a civil penalty and would block Do Kwon from becoming an officer or director of any public firm.

The Block·2024/06/12 19:31
WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, SOL, XRP, ADA, And DOGE
WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, SOL, XRP, ADA, And DOGE

Share link:In this post: Weekly crypto price analysis shows most of the tokens have been trading in mixed signals, with slight corrections. BTC has surpassed $68,000, after trading in a narrow range for the past few weeks. The buying pressure and selling pressure on most other major coins has been significant for the past few days.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We stron

Cryptopolitan·2024/06/12 16:10
Flash
20:32
Renato Mariotti says that proxy trading presents legal and compliance challenges
Renato Mariotti stated that agentic trading is becoming a major trend, but it may pose significant legal and compliance challenges. AI agents might inadvertently engage in wash trading and create new issues for regulators and companies. (CoinDesk)
20:22
SpaceX dropped more than 17% this week and will be included in the Russell 1000 Index after Friday’s close.
According to a Reuters report, FTSE Russell will include SpaceX in its Russell US Index after the close on Friday (June 26) as part of its semi-annual index rebalancing. This means passively managed exchange-traded funds (ETF) that track the Russell indices, such as the iShares Russell 1000 ETF, will be forced to buy SpaceX shares in their portfolios. This event may occur within a narrow window close to Friday’s market close, as fund managers attempt to minimize the "tracking error" between their fund's performance and the index—such errors may occur if their purchase price differs from the closing price.
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