By Hassan Shittu Key highlights: The Fed raised rates 25bps to 3.75%–4% in a unanimous FOMC vote, with 16 of 18 officials projecting at least one more hike this year Bitcoin held above $76K with a muted reaction, as the hike was widely priced in, though $82M in BTC perpetual net selling followed the announcement […]
Tag: BNY
Key highlights: Bernstein has cut its price target for Circle by $50, citing an uncertain revenue outlook The firm downplayed speculation that OpenUSD will affect Circle’s long-term share price CRCL is down by over 40% from its all-time high Global equity research firm Bernstein has slashed its end-of-year price target for CRCL stock to $140. […]
Key highlights: The ONDO price has recovered from the $0.20-$0.30 range but faces key resistance at $0.50. Tokenized asset holders have surpassed 1 million as the RWA market grows to about $36.6 billion. BNY, Oasis Pro Markets, and new regulatory developments continue supporting Ondo’s long-term ecosystem. Ondo is beginning to recover as interest in tokenized […]