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…
Goldman pivots, now forecasts Fed rate hike in October
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. Source：CoinDesk
Bitcoin absorbs Fed rate hike as officials see more tightening
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…
Generac’s stock soars more than 30% after Amazon deal cements its status as AI power player
First deliveries of Generac’s backup power generators are worth $2.4 billion. Source：MarketWatch
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. Source：MarketWatch
Why optical stocks Lumentum and Coherent were the day’s biggest S&P 500 gainers
Investors are looking further down the AI datacenter supply chain for signs of demand amid concerns of a spending slowdown, one expert says. Source：MarketWatch
CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market…
Here’s a sneaky way to play the Fed’s rate increase
But watch out for the pitfalls. Source：MarketWatch
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings. Source：CoinDesk
My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?
The Federal Reserve announced a quarterpercentagepoint interestrate hike Wednesday, to a range of 3.75%4.0%. Source：MarketWatch
Google is playing a different AI game than everyone else, and Wall Street may be missing the point
Investors have been fixated on the relative performance of Alphabet’s AI models when they should instead be cheering the company’s cloud potential, an analyst…
Warsh’s Fed rolls out first interest-rate hike in 3 years — with one more increase expected
The Federal Reserve on Wednesday rolled out its decision on interest rates as the U.S. central bank tries to tame persistent inflation. Source：MarketWatch