Decrypt

Bitcoin Barely Budges as Federal Reserve Keeps Interest Rates Steady

Investors were expecting the Fed to hold interest rates steady. Now, all eyes are on what the central bank’s chief will say.Source link

Bahamas Passes Crypto Law Designed to Prevent FTX, Terra Disasters

Following the collapse of FTX and Terraform Labs, The Bahamas has introduced crypto regulation to prevent a repeat.Source link

‘Definition of a Shitcoin’: Shark Tank’s Kevin O’Leary Shuns Celebrity Meme Coins

The influential investor has 20% of his investments in crypto—but dismissed the idea that celebrity meme coins have any value.Source link

Liminal Pushes Back Against $230 Million WazirX Hack Claims

Compromised wallet “originated from an external source,” crypto custody service says following $230 million exchange hack.Source link

Bitcoin and BTC Mining Stocks Headed for Volatility After FOMC Decision, Says Analyst

Investors should carefully consider their positions in Bitcoin (BTC) and Bitcoin mining stocks, expecting high volatility ahead of the highly anticipated Federal Open Market Committee (FOMC) decision on Wednesday, according to 10X Research founder Markus Thielen. “Without macroeconomic support, Bitcoin is likely to remain in its challenging trading range,” he wrote in a new report.Source link