Bitcoin appears to have digested the U.S. Federal Reserve’s (Fed) impending hawkish or anti-inflation policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally post the Fed decision due later on Wednesday.The central bank is widely expected to announce a $30 billion reduction in asset purchases starting in January … [Read more...] about Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift is Priced in
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Bitcoin Miner Iris Energy Says IPO to Be Priced at $25-$27 per Share
Australian bitcoin miner Iris Energy plans to sell about 8.3 million shares at $25 to $27 each from its initial public offering, according to a filing with the SEC.The Sydney-based miner will list its shares on Nasdaq under the ticker “IREN.”JPMorgan, Canaccord Genuity, Citigroup, Macquarie Capital, Cantor Fitzgerald, CLSA and Cowen are joint bookrunners for the deal.The miner … [Read more...] about Bitcoin Miner Iris Energy Says IPO to Be Priced at $25-$27 per Share
Taproot Upgrade Might Already Be Priced Into Bitcoin
Now, as the original blockchain network prepares for its next big upgrade in November, known as Taproot, few investors are expecting a price reaction anywhere near that scale. BTC’s price has already doubled this year and hit a new all-time high near $67,000 last week. While further gains are possible, Taproot alone likely won’t be the catalyst. Source link … [Read more...] about Taproot Upgrade Might Already Be Priced Into Bitcoin