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Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom


Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices...

Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction


On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently...

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports


The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the...

Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates


Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that...

UBS Predicts Further Weakening of US Dollar


UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro...

Netflix's Next Big Event Is A Uh...Hot Dog Eating Contest


Competitive eating legends Joey Chestnut and Takeru Kobayashi are set to face each other for the first time in 15 years live on Netflix. Apparently, the streaming giant would rather spend money on this instead of [insert your favorite Netflix show that was canceled too soon here].Read more

Skibidi Toilet Halloween Costumes Are Now A Thing


It’s nearly September, so that means it’s time to start thinking about the best holiday of them all: Halloween. And this year, Spirit Halloween is offering kids the chance to dress up as a Skibidi Toilet. So, uh, be ready for that on Halloween night. Read more

You Can Finish Star Wars Outlaws In 15 Hours, But Here's Why You Shouldn't


If you’re playing an open-world Ubisoft game, you can rest assured it’s going to take some time to complete. So it’s no surprise that Star Wars Outlaws—the very first open-world Star Wars title (no, MMOs don’t count)—is an extremely long game filled with tons to see and do. That goes doubly...

7 Things To Know Before Starting Gorgeous RPG Visions Of Mana


Visions of Mana is a vibrant and charming role-playing game that harkens back to the classics many of us grew up enjoying, providing hours of enjoyable exploration, character customization, and storytelling. If you’re diving into this new adventure in the Mana franchise, here are some tips for your...

New Predator Movie Filming Now With Prey's Director Returning


The next installment in the Predator franchise, Predator: Badlands, has quietly been filming with Prey director Dan Trachtenberg once again leading the film. And now, thanks to a new report, we know a bit more about this next Predator film. Read more

How To Beat Fortnite's Latest Marvel Quest, Heroes Assemble


Fortnite’s latest story mission is now available. It continues the tale surrounding the evil plans of Doctor Doom, following on from gathering items for Hope last week, and rewards you with some XP upon completion. This guide will detail everything you need to know about completing these quests...

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