‘Bullish rate hike’ — Why crypto spiked today in the face of bad news, & Other News

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The best of crypto news, prepared hot and fresh every day.

$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher

Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH.
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'Bullish rate hike' — Why crypto spiked today in the face of bad news

The Fed's attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
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Bitcoin rallies after Fed interest rate hike, but bears can still win Friday's $1.76B options expiry

BTC bears aim for a $360 million profit in July 29's $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor.
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Bitcoin price battles $23K as data says US in 'technical recession'

The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers.
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