Breaking : Fed Rate Cuts Confirmed as Bitcoin and Ethereum Prices Climbs To $63K and $2.7K Respectively
Bitcoin’s price went up to over $62,000, and Ethereum reached $2,700 after Jerome Powell, the Chair of the US Federal Reserve, mentioned that Fed rate cuts are likely coming soon, possibly in September. Powell’s comments during his speech at the Jackson Hole event on Friday …
A crypto trader who once made $25 million from Shiba Inu is now putting money into a new AI-driven cryptocurrency, CYBRO TOKEN, hoping for a 7000% return. This choice might mean for bullish for CYBRO token, showing that this new coin could grow a lot. …
Kamala Harris recently spoke in support of cryptocurrencies, but her comments have raised concerns because they don’t match the overall stance of the current government. Nate Geraci, President of ETF Store, pointed out that Harris’s words aren’t consistent with the government’s actions. While Harris seems …
On August 21, the bankrupt Mt. Gox Exchange sent out 13,265 BTC, worth about $784 million, according to Arkham Intelligence. Out of this amount, 12,000 BTC were sent to a new address, and 1,265 BTC went into a cold wallet linked to Mt. Gox Exchange. …
Bitcoin (BTC) reached $61,000 on Tuesday morning after spending the past week fluctuating between $56,000 and $58,000 this was due to massive Bitcoin ETF inflows. This upward push from $58,000 marked a strong recovery for Bitcoin, which had been under heavy selling pressure recently. The market …
Nigeria’s Securities and Exchange Commission (SEC) has made a key decision in the country’s cryptocurrency sector. For the first time, the SEC has issued a provisional license to Quidax, an African-founded cryptocurrency exchange. This license officially recognizes Quidax as a registered crypto exchange in Nigeria. This …
MicroStrategy’s new exchange-traded fund (ETF), MSTX, has been given the go-ahead from the U.S. Securities and Exchange Commission (SEC). This ETF, managed by Defiance ETFs, aims to deliver 175% of MicroStrategy’s daily stock return. It is the first of its kind to focus on just …
MetaMask has launched a new crypto debit card (the MetaMask Card), in partnership with Mastercard, now available to people in the European Union and the United Kingdom. This card allows users to turn their cryptocurrency into fiat directly from their MetaMask wallets, similar to how a …
On August 13, a crypto wallet that recently received $2 billion worth of Bitcoin (BTC) from the Mt Gox exchange’s trustee performed test transactions. This indicates they might be preparing to pay creditors. Analysts think the wallet is probably linked to BitGo, a major crypto …
Ethereum exchange traded funds (ETFs) have recently attracted a lot of interest, particularly from BlackRock. Over the past few months, BlackRock has shown strong interest in Ethereum (ETH), the leading altcoin. This has prompted other big names in the crypto space to also increase their holdings …