Bitcoin Rises as Fed Hints at Possible Rate Cut in July Meeting Minutes
Bitcoin (BTC)'s price has increased following the release of the U.S. Federal Reserve's July meeting minutes, and is currently trading at $60,271.
Bitcoin (BTC)'s price has increased following the release of the U.S. Federal Reserve's July meeting minutes, and is currently trading at $60,271.
Sen. Cynthia Lummis said the window is closing, but it's not shut yet.
Nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies, according to a Wednesday report from corporate influence watchdog Public Citizen.
Richard Teng, who replaced founder Changpeng "CZ" Zhao in November, is playing the long game.
The independent candidate has scheduled a national address for Friday.
Bitcoin processed $36.6 trillion in transactions last year, far more than payment network giants Mastercard and Visa combined.
The issuer has already debuted spot bitcoin and Ethereum funds.
The cryptocurrency industry has made no secret of its displeasure with the Biden administration's approach towards regulating digital assets.
In this week's issue of CoinDesk's newsletter on blockchain technology, we're covering the drama surrounding "wrapped bitcoin" as Tron founder Justin Sun assumes a custody role, signs of upheaval in the Urbit ecosystem and the rise of dark pools on Ethereum.
Institutional holdings of bitcoin ETFs rise despite price volatility.