Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes
Bitcoin surged as the Fed delivered its first rate hike since 2023, a move almost universally expected on Wall Street.
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Latest news collection: 2026-10-08 17:52 UTCBitcoin surged as the Fed delivered its first rate hike since 2023, a move almost universally expected on Wall Street.
With the Clarity Act stalled in the Senate, the SEC and CFTC are preparing to move ahead with crypto rulemaking.
A House panel advanced the first federal crypto tax framework a day after the Clarity Act stalled in the Senate.
After the Senate failed to advance the Clarity Act, the CFTC and SEC pledged to use existing powers to provide regulatory certainty for crypto.
JPMorgan says the Clarity Act is not entirely dead, but its window for passage is extremely narrow.
Circle's CEO says CLARITY negotiations are 90% complete, raising the question of how prediction markets are responding.
Bitcoin, Ethereum and XRP ETFs saw combined outflows of about $593 million on Tuesday after the Clarity Act vote failed, their largest daily outflow since June.
The article forecasts Bitcoin's price ahead of the fourth quarter and considers possible valuation ranges.
F1 announced a 24-race 2027 calendar beginning in Bahrain in March, followed by Saudi Arabia, despite the continuing Middle East conflict. The fate of the final two 2026 races was to be decided in mid-September.
Related Polymarket odds rose following the Senate vote on the CLARITY Act.
Circle launched Arc mainnet with BlackRock, DTCC and Visa among its permissioned validators. Ten billion ARC tokens were minted, without a commitment to a public launch.
The FCA issued crypto authorization guidance that also covers overseas firms serving UK retail clients. Trading under the new regime cannot begin before October 2027.
The CFTC issued five letters and emergency orders on prediction markets over the summer, addressing American-style odds, incentive programs and Kalshi's response to Michigan and New York court orders, prompting questions about its regulatory motives.
Polls show about 34% of Americans support the Iran war and 58% oppose it. A New York Times/Siena poll found 64% thought Trump's decision to go to war was wrong.
Bernstein says the Clarity Act's failure favors rewards on idle stablecoin balances and expects the SEC and CFTC to move quickly on rulemaking.
The Clarity Act vote failed with all Democrats opposed, followed by broad declines in major crypto assets, altcoins and meme coins.
With Bitcoin around $76,000, analysts argue that dollar liquidity, rather than congressional legislation, is key to its price floor.
Action Network reports that the CLARITY Act is stalled in the Senate, affecting the regulatory outlook for prediction markets.
Prediction markets tracked the Clarity Act in real time. A revised Republican bill initially raised passage odds, but Wednesday's failed procedural vote left little hope of passage that year.
Circle launched the Arc mainnet with BlackRock, Visa and others as validators, minting 10 billion ARC tokens.