Friday, November 8, 2024
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Fed Minutes May Have Been Overtaken by Events, May Be a Non-Event for Bitcoin (BTC)

"Minutes from the November FOMC meeting may be most revealing regarding Fed officials' attitude toward financial conditions," Citi analysts wrote on Nov. 19. "In October, Chair Powell and his colleagues argued that higher 10-year Treasury yields would substitute for further policy rate hikes. But as financial conditions have loosened, the

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Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade

The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started during the Merge on Sept. 15, 2022. Once Shanghai is implemented, previously locked Ether (ETH) will gradually become liquid for the first time since December 2020. According

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