As anticipation builds around the possibility of the first rate cut by the U.S. Federal Reserve in four years, BitMEX co-founder Arthur Hayes has offered his views on how such a decision could impact the cryptocurrency market. Speaking at Token2049 in Singapore on Sept. 18, Hayes delivered a keynote titled “Thoughts on Macroeconomics and Current […]
On Sept. 18, Alex Svanevik, CEO of the blockchain analytics company Nansen, shared his thoughts in an interview at Token2049 regarding the upcoming 2024 U.S. presidential election. Svanevik discussed the potential impacts of the election results on the future of cryptocurrency, both within the United States and internationally, depending on whether the next president is […]
A significant interest rate reduction by the U.S. Federal Reserve could benefit risk assets and the crypto market, contrary to some bearish predictions, according to the leader of a prominent crypto hedge fund. Joe McCann, the founder and CEO of Asymmetric, shared that the chances of a 25 or 50 basis point rate cut were […]
During a recent event on X, Donald Trump did not address World Liberty Financial — the new cryptocurrency initiative launched by his family — despite initial expectations. Eventually, details about the project’s token were shared by the team. On September 16, Trump participated in a discussion on X Spaces with crypto influencer Farokh Sarmad. This […]
Bitcoin faces potential downside pressure ahead of the upcoming U.S. interest rate decision, having recently fallen below the crucial $60,000 support level. Anticipated volatility for Bitcoin may lead to turbulent price movements as the Federal Reserve (Fed) prepares for its next interest rate announcement on September 18. Analysts at Bitfinex have highlighted that the decision […]
The small South Asian nation of Bhutan has emerged as a significant Bitcoin holder, reportedly surpassing El Salvador’s cryptocurrency reserves. On September 16, Arkham Intelligence, a blockchain analytics platform, identified a group of wallet addresses holding a total of 13,029 BTC, valued at around $758 million. This revelation marks the first public identification of Bhutan’s […]
After several months of decline, Bitcoin might be gearing up for a significant three-month rally, with some experts forecasting a surge past the $92,000 mark. Analysts suggest that Bitcoin’s price could be on the verge of a substantial rally based on historical patterns observed after previous halvings. Recently, Bitcoin tested a crucial support level on […]
Bitcoin (BTC) kicked off the trading week with a 3% decline, dipping below the $58,400 mark. Over the weekend, BTC managed to stay above $60,000, buoyed by positive U.S. economic data that triggered a rally late on Friday. Meanwhile, U.S.-listed Bitcoin exchange-traded funds (ETFs) saw significant interest, with net inflows exceeding $263 million, the highest […]
Former President Trump has been confirmed as “safe” after gunshots were reportedly heard “in his vicinity.” Steven Cheung, a spokesperson for Trump, released a statement on September 15, stating: “President Trump is safe following gunshots in his vicinity. No further details at this time.” Reports indicate that the former President was playing golf at the […]
Bitcoin has once again surpassed the significant $60,000 mark for the first time since August 30, and growing interest from institutional investors suggests this time might be different, according to a crypto market analyst. On September 13, crypto analyst Rajat Soni shared on X (formerly Twitter), “This time is different.” Soni highlighted that Bitcoin has […]