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Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
Dogecoin price hits a two-month high amid speculations that Twitter’s rebrand to X would add a DOGE payment option.
Bitcoin is down to one-month lows, and BTC price predictions are tending to assume worse is to come — how much lower can bears manage?
PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.
The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. ThePersonal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.
- 11:30The European Central Bank plans to decide on the next steps for CBDC next month.According to ChainCatcher, the Governing Council of the European Central Bank will decide on the next steps for CBDC after the conclusion of the preparation phase next month. ECB President Christine Lagarde has urged EU governments to quickly establish a legislative framework to facilitate the introduction of the digital euro.
- 11:28Yala hacker mints 120 million YU on Polygon networkAccording to Jinse Finance, monitored by Lookonchain, the Yala hacker minted 120 million YU on Polygon, and subsequently sold 7.71 million YU on Ethereum and Solana via cross-chain transactions, exchanging them for 7.7 million USDC. Currently, the hacker still holds 22.29 million YU on Solana and Ethereum, and another 90 million YU remains on Polygon, yet to be bridged. The hacker has already swapped 7.7 million USDC for 1,501 ETH and transferred them into multiple wallets.
- 11:05Economist: U.S. Tariff Policies Will Continue to Impact Economic GrowthJinse Finance reported that Seth Carpenter, Chief Economist at Morgan Stanley, stated in an interview with Germany's Handelsblatt on the 13th that U.S. economic growth is clearly slowing down, with one important factor being U.S. tariff policies. The consequences of these policies will continue to manifest in the coming months. Carpenter believes that the U.S. economy is currently facing sustained low growth, and he expects weak growth in the fourth quarter of this year and the first quarter of next year. In 2026, the U.S. economy may grow by only about 1.25%, far below the 2.8% in 2024. In addition, he pointed out that the current performance of the U.S. labor market is significantly weaker than a few months ago. New data shows that from March 2024 to March 2025, the number of new jobs added will be only half of the initial expectations. Furthermore, signs of weakness have also begun to appear in U.S. industrial production.