Bitcoin price trades just below the $60,000 psychological level today as financial markets anticipate the US Federal Reserve meeting involving decisions regarding interest rate cuts and the FOMC (Fede...
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US Fed’s 0.50% Rate Cut Fuels Crypto Market Rally Anticipation
The US Federal Reserve has initiated a 50 basis points rate cut, as decided in their latest FOMC meeting. This rate reduction aligns with market expectations and brings hope for a potential upswing in...
Solidus Ai Tech and SambaNova Systems Bring High Speed AI to Web3 World
Solidus Ai Tech has announced a ground breaking partnership with SambaNova Systems, a leader in artificial intelligence hardware, to revolutionize AI capabilities in the Web 3.0 landscape. This collab...
The HRF grants over $590K worth of Bitcoin to 20 crypto-oriented groups
The Human Rights Foundation announced its round of Bitcoin Development Fund grants. While the grant amount distributed to each awardee was not disclosed, the HRF disclosed that it awarded 1B Satoshi (...
BitGo Enters the Stablecoin Arena with USDS, Challenging Coinbase’s USDC Dominance
The competition in the stablecoin market is intensifying, with BitGo being the latest contender to enter the arena with its newly announced U.S. dollar-pegged coin. BitGo’s USDS is designed to focus o...
XRP Ledger Fixes Full History Node Failures with Rippled 2.2.3 Upgrade
XRP Ledger (XRPL) has swiftly responded to Full History (FH) node crashes by releasing Rippled 2.2.3, a vital update for fixing SQLite page size issues. The XRPL has issued a critical update to addres...
Ethereum Faces Setbacks Amid Rising Solana Competition, But Potential for Rebound Remains
Bitwise CIO Matt Hougan states that Ethereum’s popularity is currently waning. The ETH/BTC ratio has plummeted to its lowest levels in three years, falling below 0.04. Hougan suggests that this downtu...
Wintermute Debuts Multi-chain Prediction Market Ahead of US Election
Cryptocurrency market maker Wintermute said it will create a new prediction market specifically targeting the US election. The platform, dubbed “OutcomeMarket,” is set to launch next week across three...
Xandeum to Unveil Solana Scaling Solution and XAND Token at Breakpoint 2024
The blockchain storage layer Xandeum has announced that on September 20, 2024, it would make public its plan for growing Solana storage at Breakpoint 2024. Xandeum will also formally announce the laun...
Fed Cuts Rates—Bitcoin And Markets React With A Bang
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound inte...
Bitcoin Taps $61,000 As Federal Reserve Slashes Interest Rates for First Time in Four Years
The Federal Reserve just cut interest rates for the first time since March of 2020, fueling volatility in global markets. The move marks the central bank’s shift from fighting inflation to responding ...
Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin (BTC) Price Briefly Hits $61K
Cryptocurrency-related stocks also advanced on Wednesday after the rate cut. MicroStrategy (MSTR) was up 3.6% through the day, while shares of crypto exchange Coinbase (COIN) and investment firm Galax...
FACT: Will Shiba Inu Coin reach $1 during the next Bullrun?
The hype around finding cheap cryptocurrencies to buy is still going strong in the crypto community. However, it is essential to understand how feasible it is for cryptocurrencies to reach a specific ...
BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients
Asset manager BlackRock sent a 9-page document to its clients on Sept. 18 that portrays Bitcoin (BTC) as a “unique diversifier” for portfolios. The document highlighted the characteristics that make B...
Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty
The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in ove...
Ethena’s Twitter Account Issues Statement: Domain Account Managing Ethena’s Website Undergoes New Attack; Site Suspended, Protocol and Funds Secure.
Ethena’s official Twitter account recently issued a statement regarding a security incident involving their domain account, which manages their website. The company confirmed that the domain account c...
BlackRock Highlights Bitcoin’s Unique Investment Role
BlackRock, a dominant player in asset management, recently shed light on Bitcoin‘s distinctive qualities as a portfolio diversifier in a fresh report. With assets exceeding $10 trillion under its stew...
TapSwap Daily Codes & Today Code List – September 19, 2024
Maximize your earning on TapSwap with our up-to-date list of TapSwap daily codes! Binance has announced it will list Hamster Kombat on September 26th! What’s more, Binance users will be able to ...
Ethereum Layer 2 TVL Surges to $33.95 Billion, ETH Locked at All-Time High
Ethereum Layer 2 adoption has reached an all-time high of 14.65M ETH locked. The value of ETH locked has grown 109.61% over the past year. The total value locked in USD has reached $33.95 billion, mar...
MicroStrategy Announces New $875 Million Plan to Buy More Bitcoin (BTC)
Institutional Bitcoin Bull MicroStrategy announced that it will issue bonds to buy more Bitcoin (BTC). Revising its plan, MicroStrategy announced that it increased its planned bond sale to $875 millio...
Blum Daily Video Codes – September 19, 2024
If you want to earn additional Blum Points (BPs) each day, you’ve come to the right place. Learn how to get Blum daily video codes and earn 1,000+ additional points daily. Stay ahead in the crypto wor...
Department of the Treasury Sanctions Cambodian Senator Accused of Running Crypto Scams
The financial intelligence and enforcement agency of the U.S. Treasury Department is announcing sanctions against a Southeast Asian lawmaker and businessman. The Treasury Department’s Office of Foreig...
Hottest Tap2Earn and Meme Coins at Your Fingertips – Why Crypto Gem Hunters Are Flocking to ChangeNOW
In early 2024, the cryptocurrency market experienced what could be described as the “meme coin supercycle.” Meme-inspired projects not only captured the industry’s attention but also emerged as the mo...
GBP/USD rockets to a new yearly peak ahead of 1.3300
GBP/USD registers gains of over 0.80% following Fed’s cut. The Fed delivers a 50 bps rate cut as it grows confident that inflation will reach its 2% target. The Fed’s dot-plot projects the fed f...
The Untold Story of Telegram’s Founder
Pavel Durov AKA the “Russian Zuckerberg” is the creator of Telegram and the man who some say changed how we connect and communicate globally. Born in Leningrad, now St. Petersburg, Durov’s...
Ripple CLO Reflects On How Ripple Could Become The Most-trusted Source In Crypto Space Amidst ‘The Regulatory Cloud’
In the recent Financial Markets Quality Conference 2024, Ripple’s Chief Legal Officer, Stuart Alderoty spoke along with the high-ranking representatives of crypto giants like Robinhood, Grayscale, and...
Fed Chair Jerome Powell says he trusts his decision to cut rates by 50 bps
Jerome Powell, the man in charge of the Federal Reserve, has addressed the public directly moments after his decision to slash interest rates by 50 basis points. At the post-FOMC presser, Powell told ...
US Fed Meeting Propels Bitcoin Market as Powell’s Speech Looms
The financial markets are abuzz with anticipation as the US Fed meeting concludes today, bringing expectations of a significant interest rate cut. Investors are keenly watching Jerome Powell’s speech,...
Emerging Ripple (XRP) Alternative Priced Below $0.10 Expected to Skyrocket 3,800%
As the crypto market shifts gears quite often, investors are always searching for something new to invest in. Ripple’s dominance in the cross-border payment space has been challenged for quite some ti...
Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network w...
Neiro, Billy, Baby Doge Coin leads as Fed delivers jumbo rate cut
Cryptocurrencies rose after the Federal Open Market Committee slashed interest rates for the first time since 2020 and hinted that more cuts were coming. Meme coins like Neiro (NEIRO), Billy (BILLY), ...
Ethereum ETFs struggle: Is the market losing interest in ETH?
contributor Posted: September 18, 2024 ETH experienced weak demand amid Ethereum ETFs outflows, indicating investor disinterest. Open Interest tanked, but top traders went long, indicating a possible ...