Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike. Zcash jumped 23% to a record after Paradigm disclosed a stake.
- The Federal Reserve raised interest rates by 25 basis in its first increase since July 2023, and projected a median rate of 4.1% at the end of both 2026 and 2027, implying only one more move in the period.
- Bitcoin trades at $76,621, up 0.88% over 24 hours, with 94 of the 100 CoinDesk 100 constituents higher and the small-cap CoinDesk 80 up 4.7% against 1.2% for the CoinDesk 5.
- Zcash climbed 23% to a record near $1,369 after Paradigm co-founder Matt Huang disclosed the firm owns ZEC, with futures open interest up 37.84% and funding negative.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Crypto poured years into new products. The next challenge is keeping users
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
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Read original ↗Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.
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