Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also retreated from recent highs, falling below $1,300 earlier today.

Two exchange-traded funds (ETFs) that track US-listed cryptocurrency futures will reportedly debut on the Hong Kong stock exchange this Friday (December 16). The products will have bitcoin and ether as underlying assets and will become the first futures ETFs listed in Asia. According to a Reuters coverage, the ETFs will track futures listed on the Chicago Mercantile Exchange in the USA.

2022 has been one of the most chaotic, volatile, and financially brutal years, not only for the digital asset industry, but also for wider financial markets.

Iran is refining its repressive arsenal against women who stand up to it by refusing to wear the hijab by freezing of their bank accounts.

Bitcoin might appear a useless, speculative, and wasteful technology for the uninformed. But by digging into its fundamentals it’s not difficult to realize the tremendous potential and the number of use cases.

Disgraced biotech entrepreneur and hedge fund manager Martin Shkreli has published a finding that appears to prove who the real person behind the pseudonym <a href="https://cryptonews.com/tags/satoshi-nakamoto/">Satoshi Nakamoto</a> is.&nbsp;

Crypto investor, trader and content creator Scott Melker, also known as The Wolf Of All Streets, joined the new Crypto Trading Secrets podcast for an interview with host Benjamin Pirus. During the conversation — which was recorded on Nov. 29 — Melker gave his opinion on numerous topics, including what he looks for on Bitcoin’s (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>) price chart to tell him it is time to start contemplating a bull market transition. “It’s usually a multimonth process,” Melker said of asset bottoms. “It can take even longer than that.”

The Fed raised interest rates by <a href="https://twitter.com/gurgavin/status/1603102538181623808">50 basis points</a> (bps) following the Dec. 14 Federal Open Market Committee (FOMC) meeting. This brings the Federal Funds Rate to <a href="https://twitter.com/cfromhertz/status/1603102832952999936">4.25-4.5</a>%.

The price of Bitcoin nosedived today—along with U.S. stocks—on news that the Federal Reserve approved a smaller interest-rate hike than previous ones this year, but signaled plans to keep raising rates next year to combat high inflation.

The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007.