The Fed decision to hike interest rates by 0.75% caused the price of Bitcoin to above $22K following a losing week.
While the US Fed has almost decided on the interest rate hike for this month following the two months of running inflation.
The IMF believes that several unsavory macroeconomic parameters, not including Bitcoin price slump, might soon trigger a recession.
Twitter is planning a shareholder vote soon to approve the compensation payable to execs in connection with Musk’s buyout.
Following the ECB’s rates hike last week, European markets might move depending on reports from corporate earnings and a new US Fed policy.
Despite facing production headwinds during the second quarter, Tesla delivered better-than-expected output driving the stock market higher on Thursday.
In the company’s letter to investors, Tesla executives stated that the company sold 75% of its Bitcoin holdings, adding $936 million in cash to its balance sheet.
The Bank of England is considering a 50 basis points rate hike next month which would be the single biggest increase in over 30 years.
French international banking group BNP Paribas is exploring crypto custody through a partnership with Swiss institutional digital asset custody firm Metaco.
Markets make a strong rebound with some analysts believing that the bottom could be already in. Banking giants make strong gains on Tuesday.
The lawsuit was to determine if Musk was under obligation to complete the deal or pay the breakup fee.
Bitcoin has moved past its crucial resistance of 200-week EMA. But BTC needs to form a daily and weekly candle above it to confirm the uptrend.
The Dow saw a pullback of more than 200 points pullback during late-day trading as Apple plans to slow hiring and growth spending in 2023.
Altcoins led by Ethereum have been the major contributors to the price rally. On the other hand, Bitcoin faces a strong resistance at its 200-week moving average.
The stock futures tied to all three major indexes advanced after Goldman Sachs’ latest earnings report came in better than expected.