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Blockchain

96.9% Chance of No Interest Rate Hike


The next Federal Reserve FOMC meeting is scheduled for July 19, 2025, and all eyes are on the central bank’s decision. Veteran trader Matthew Dixon has made a sensational claim on X, stating there’s a 96.9% chance the Fed will keep rates unchanged at 4.25%–4.50%, and zero probability of a rate hike.

Dixon also noted a minor 3.1% chance of a 25 bps rate cut, but he emphasized that the Fed’s current stance is firmly on hold. His prediction aligns with broader market sentiment, which suggests the central bank is content to observe further…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

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by Tech In Asia

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