Cryptocurrencies

Bitcoin is nearly 50% below its record high, keeping traders divided over whether the worst of the bear market has passed.

Citadel Securities expects the Federal Reserve to raise interest rates on Wednesday. The firm’s case centers on a quarter-point increase, against a market consensus favoring a hold. Frank Flight, the firm’s head of macro strategy, laid out the case in a client note. He argued that traders have not fully priced the hawkish turn at

Elon Musk vows a major charity pledge after Nobel economist Daron Acemoglu challenged him to donate trillion by 2036, testing whether his optimism about AI-driven abundance matches his willingness to part with his fortune.

Fundstrat’s Tom Lee believes the passage of the CLARITY Act in the United States will supercharge crypto.

The Hong Kong Monetary Authority (HKMA) published a white paper on quantum preparedness on July 27, rating its banking sector 2.3 out of 10 and targeting full readiness by 2030. Bitcoin (BTC) faces the same quantum threat but has no regulator to set a deadline. Its transition depends entirely on community consensus, which remains divided.