Today’s Top Crypto News – Wednesday 7/27/22

Crypto Traders Split on Upcoming Fed Rate Hike’s Impact on Bitcoin – CoinDesk

“The Fed has raised rates by 150 bps since March, injecting volatility into asset markets. Yet some analysts expect BTC to stay resilient after Wednesday’s hike.”

IMF Says Bitcoin Crash Hasn’t Harmed Global Financial Stability – Decrypt

“Despite the massive sell-off, “spillovers to the broader financial system have been limited so far,” the IMF said.”

Cathie Wood sells Coinbase shares amid insider trading allegations – Cointelegraph

“Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.”

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