Latest Business News, Market Insights & Global Economy Updates
By Omkar Godbole (All times ET unless indicated otherwise) The main event for the crypto market on Wednesday is the Federal Reserve interest-rate decision, due at 2 p.m. Key volatility indexes, however, indicate that traders do not expect extraordinary price swings. While the bank is expected to keep interest rates steady between 3.5% and 3.75%,…
The spotlight is firmly on the crypto market over the course of the week after a spurt of liquidations between Oct. 10 and Oct. 17, with BTC and ETH trading well below their respective early October highs. Despite market uncertainty, a number of catalysts are upcoming with ETHZilla Corporation (ETHZ) implementing a 1-for-10 reverse stock…
By Omkar Godbole (All times ET unless indicated otherwise) The SEC, as market regulator, now couldn’t be more pro-crypto if it tried! On Thursday, a spot ETF tied to one of the least “serious” cryptocurrencies — dogecoin DOGE$0.2641 — debuted in the U.S. alongside payments-focused XRP. Unlike bitcoin BTC$115,583.79, ether (ETH) and stablecoins, which act…
