Bitcoin tests $67K as Fed, BOJ decisions loom

Bitcoin is grinding higher amid a flurry of macro catalysts, a Bank of Japan rate hike, the Fed's first meeting under new Chair Warsh, and a potential Trump reversal. Meanwhile, the industry's identity crisis deepens: Cardano's founder says crypto needs to evolve beyond itself, and a Bitcoin miner in B.C. is pivoting to AI.

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#01www.coindesk.comJun 17

BTC, ETH, SOL price news: Bitcoin back under $67,000 as traders warn of Trump reversal

Bitcoin briefly touched $67,000 before slipping back, as a U.S.-Iran peace deal lifts broader markets. ETF outflows have paused, but traders are wary of a Trump-related reversal.

4 min readRead original

#02coinpedia.orgJun 17

Fed Rate Decision Today: What To Expect From Kevin Warsh’s First FOMC Meeting

The Fed is expected to hold rates, but all eyes are on new Chair Kevin Warsh's first press conference. His comments on inflation and liquidity could set the tone for crypto's next move.

4 min readRead original

#03www.coindesk.comJun 17

BTC price rises after Japan interest-rate increase with XLM, INJ, UNI advancing

Bitcoin rose 1.5% after Japan's rate hike to a 31-year high, with altcoins like XLM, INJ, and UNI surging 13-16%. UNI's gain is partly tied to Standard Chartered involvement.

#04coinpedia.orgJun 17

Charles Hoskinson Says Cardano Must Move Beyond Crypto to Survive

Charles Hoskinson says Cardano must move beyond crypto to survive, blaming meme coins, scams, and political tokens for damaging the industry's reputation. It's a striking mea culpa from a founder whose project is often criticized for lacking real-world adoption.

#05www.cbc.caJun 17

B.C. bitcoin mine plans to transform into AI data centre, regional district says it is already thwarting bylaw

A B.C. bitcoin mine plans to convert to an AI data centre by year-end, but the regional district says it's already violating bylaws. The story captures the tension between crypto's energy footprint and the AI pivot.