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Bitcoin gains as Fed hints at potential rate reduction


Bitcoin has crossed the 42k-dollar market after the US Federal Reserve decided to maintain the interest rate at 5.5%. The call was interesting, given that the job market and growth rate have slowed down. The Fed noted that inflation has eased despite exceeding its 2% target. Experts suspect these...

Bitcoin Price Prediction: FOMC Optimism & Spot ETF Buzz Lift BTC to $42,750


The digital currency landscape is abuzz as Bitcoin’s price soars to $42,777, marking a significant 4% increase on Thursday. This rally is buoyed by a wave of optimism following the Federal Reserve’s latest FOMC meeting, which indicated a dovish stance on future rate hikes, and sparked...

Investors Believe the US Fed Will Pause Rate Hikes + More News


Morgan Beller. Source: Bloomberg Technology Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Investors Believe the US Fed Will Pause Rate Hikes – Bitfinex Analysts Bear Market Applies...

Financial Giant ING Expects Fed to Cut Rates From Second Quarter Onwards


Financial giant ING has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. “We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025,” ING’s chief international economist detailed, noting that U.S. economic data...

3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive — Study


Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 339 out of 738 games failed, translating to a failure rate of 45.9%. 2020...

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