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Bitcoin and Ethereum Price Prediction as Fed Interest Rate Decision is Announced – New Bull Market Starting?
31.1.2024
Bitcoin and Ethereum Price Prediction In the wake of the Federal Reserve’s latest decision to hold interest rates steady at 5.50%, the financial world turns its gaze to the potential impacts on major cryptocurrencies, notably Bitcoin and Ethereum. This stabilization of the federal funds rate...
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
31.1.2024
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook
New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report
31.1.2024
New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last Year’s Banking Fears Resurface as NYCB Faces...
Doom Kinda Runs On Human Bacteria Now, If You’ve Got 599 Years
31.1.2024
The determination to run 1993’s seminal shooter Doom on absolutely everything is one of humanity’s finest features. From tractors to pregnancy tests, if the technology exists, someone’s trying to install Doom on it. And you know what else is technically technology? Living organisms. Yes,...
Markets 'Too Optimistic' About Fed Rate Cuts: JPMorgan Asset Management
31.1.2024
"The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed," strategists said, explaining a potential for a decline in risk assets
Record-high Hash Rates and Mining Difficulty Pushed Miners to Sell BTC: Compass Mining
29.1.2024
Bitcoin miners were forced to liquidate a portion of their Bitcoin holdings to cover operational expenses due to the surge in hash rates and mining difficulty, according to data from Compass Mining. In its annual review of the Bitcoin mining ecosystem, Compass Mining highlighted that the older...
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
Pandoshi (PAMBO) Presale Phase 4 Is Rapidly Selling Out, Surpassing $2M
27.1.2024
  PAMBO, the native cryptocurrency of trailblazing blockchain project Pandoshi, is currently in its initial presale period. It’s being offered at discounted rates before eventual public exchange listings. Just weeks into its presale, Pandoshi has already raised over $2 million from high...
New Shiny Pokémon TCG Set May Have The Best Pull Rates Of All Time
25.1.2024
One of the great laments of the Pokémon TCG in 2023 was its return to brutal, unforgiving pull rates. After 2022’s Sword & Shield big finish, Crown Zenith, the Scarlet & Violet era ushered in the guarantee of a holo, but a vast diminishing in the chances of scoring anything better. Sets like...
UBS Predicts Gold Prices Will Rise 10% in 2024 Amidst Fed Policy Pivot
24.1.2024
UBS, a financial services company, predicts that 2024 will be fruitful for gold, forecasting a price increase of 10% over current market prices. According to UBS analysts, this price increase will be powered by a pivot in the current policy of the U.S. Federal Reserve, which is projected to start...
Bitcoin Price Prediction: BTC Plunges to $41,000; Fidelity ETF Delays Amid CBDC Threat
19.1.2024
In a dynamic turn of events, Bitcoin’s price plummeted to $40,930, marking a significant nearly 4% decrease as of Friday. This downturn comes amid a broader context of financial uncertainty, where the US Dollar is poised for a consecutive weekly rise due to subdued expectations for interest...
US Stocks, Bitcoin, and Gold Drop as Fed Plays Coy on Rates — Investors in Limbo
18.1.2024
The leading trio of U.S. stock indices — Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 — experienced a downturn on Wednesday afternoon. This decline coincided with a rise in 10-year Treasury yields, which jumped 0.98% to 4.102%. Concurrently, gold’s value...
Benjamin Cowen Bearish on Fed Rate Cuts – How Will Bitcoin Price React to the Fed’s Policy Shift?
16.1.2024
Bitcoin’s price may face pressure as analysts predict declines if the Fed begins cutting rates. Image by sasirin pamai, Vecteezy. The possibility of Federal Reserve rate cuts in the coming months has the crypto community divided on the potential impact on the Bitcoin price. While rate cuts...
5 Best Cryptos to Include in a Balanced Portfolio in 2024
16.1.2024
As investors shift back into risk-on assets in anticipation of rates cuts by the Federal Reserve, mainstream investors are increasingly looking for the best cryptos to buy 2024 as part of a balanced portfolio strategy. Market sentiment has shifted positive on risk-on assets like crypto following...
Dollar’s Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz
15.1.2024
According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because they give residents the “benefit of borrowing...
Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path
11.1.2024
In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach. Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More...
Fee War Intensifies: Bitcoin ETF Issuers Submit Updates Lowering Rates
10.1.2024
Source: Adobe / 24K-Production The spot Bitcoin exchange-traded fund (ETF) competition is heating up as major issuers including Fidelity submitted revisions to lower their fees. According to Bloomberg Intelligence ETF analyst James Seyffart, Fidelity lowered their fees to 0.25% from the previous...
U.S. 216K Jobs Adds in December Tops Estimates for 170K
5.1.2024
The closely watched report
Federal Reserve Expects Rate Cuts in 2024 But Path Remains Foggy, Minutes Reveal
3.1.2024
FOMC minutes point to rate cuts by 2024 but a foggy path ahead as the U.S. Federal Reserve stresses a data-dependent approach. Image by Fareed Mindalano, DALL-E 3. The U.S. Federal Reserve expects to begin cutting interest rates in 2024, according to the minutes from the Federal Open Market...
Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
2.1.2024
Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday