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Share link:In this post: The Federal Reserve kept its key interest rate unchanged at 5.25%, pausing further hikes despite recent inflation. The Fed reduced its forecast from three rate cuts to just one this year, which may disappoint markets expecting more. Analysts expect short-term volatility in Bitcoin and stable ETF flows, with the global trend towards monetary easing likely supporting asset prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any
The SEC filed a “proposed final consent judgment” on Wednesday asking Judge Jed Rakoff of the U.S. District Court for the Southern District of New York to approve the plan. Under the proposed judgement Terraform would pay $3.58 billion in disgorgement, $420 million in a civil penalty and would block Do Kwon from becoming an officer or director of any public firm.
- 06:08Report: Since 2018, the United States has lost 14% of its share in the cryptocurrency market developersMedia reports, Coinbase Chief Legal Officer paulgrewal.eth stated that our latest cryptocurrency status report shows that with the increase in on-chain activity and corporate adoption rate, since 2018, the United States has lost 14% of developer share. Currently only 26% of cryptocurrency developers are in the United States. We may lose our global leadership position in technological innovation, but the U.S. government must want—and choose—to do better.
- 05:48In the past 24 hours, there has been a liquidation of $108 million across the network, with the majority being long positionsCoinglass data shows that in the past 24 hours, a total of $108 million has been liquidated across the network. Of this, long positions accounted for $84.0922 million and short positions accounted for $23.4904 million.
- 05:47Greeks.live researcher: Recently, there are fewer market hotspots, the market is relatively quietData shows that on June 14, 20,000 BTC options expired with a put/call ratio of 0.49 and the maximum pain point at $68,500 USD, with a nominal value of $1.35 billion USD. In addition, 200,000 ETH options expired with a put/call ratio of 0.36 and the maximum pain point at $3,600 USD; its nominal value was $710 million USD. Adam from Greeks.live stated that this week is significant in macroeconomics as economic data has been favorable for risk investment markets; U.S stocks have shown noticeable growth but the crypto market did not perform well - mainstream coins fell overall and altcoins even more so. The market has been relatively quiet recently due to fewer hot topics. Currently, both major short-term IVs for BTC are below 50% and those for ETH are below 60%, having fallen to lower levels.
