Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.
Market news: headline, short summary and source. Read the full story at the source.
Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.
The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections.
Nikkei, Kospi gain as expected Fed hike and lower oil ease market nerves TD forecast a Federal Reserve (FOMC) rate hike in October and January Goldman ditches one and done call, now sees a second Fed hike in October Saudi crude reroute via Oman pulls oil off four month highs PBOC sets USD/ CNY central rate at 6.7580 (vs. estimate at 6.7241) IMF says RBA may need more hikes as it urges Australia…
Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year.
Why is Snap stock climbing after-hours today?
BCB Bancorp prices $85.3 million stock offering
Holtec postpones planned U.S. IPO citing market conditions - Bloomberg
U.S. stock futures rise after hawkish Fed dents Wall St
Ouster general counsel Megan Chung sells $389,993 in stock
The legislation would effectively codify Trump’s Bitcoin reserve policy, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years.
Ouster president and CEO Angus Pacala sells $1.03m in stock
Ouster president and CEO Angus Pacala sells $1.03m in stock
Chime Financial general counsel Adam Frankel sells over $3.3m in stock
Chime Financial general counsel Adam Frankel sells over $3.3m in stock
Hewlett Packard Enterprise director Gary Reiner sells $967k in stock
Hewlett Packard Enterprise director Gary Reiner sells $967k in stock
RingCentral COO Kira Makagon sells $2.5 million in company stock
Ouster CRO Cyrille Jacquemet sells $302,093 in OUST stock
Ouster CRO Cyrille Jacquemet sells $302,093 in OUST stock
New Zealand Q2 GDP +2.6% y/y expected +2.3%, prior +1.7% +0.2% q/q expected +0.1%, prior +0.9% I'll have more to come on this separately ... added, here: NZ Q2 GDP beats forecasts at 2.6% y/y, easing RBNZ growth concerns This article was written by Eamonn Sheridan at investinglive.com.
News text belongs to its source; only the headline and a short summary appear here.