Search
Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
25.8.2024
The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strategist, Garry Evans, argues that even if rates are lowered, it won’t stop...
Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market
24.8.2024
Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01%...
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
23.8.2024
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
23.8.2024
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
23.8.2024
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates
Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut
22.8.2024
Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
21.8.2024
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism...
Justin Sun’s USDD Sidesteps DAO in 12K BTC Cut
21.8.2024
In a recent development, USDD, a stablecoin on the Tron network, removed roughly 12,000 Bitcoin (BTC) from its…
EigenLayer’s EigenDA touts 10x cut in data prices
19.8.2024
The data availability protocol is also introducing a "free tier."
Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin
19.8.2024
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
18.8.2024
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors...
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
17.8.2024
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment bank advises investors to prepare by adjusting...
CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
14.8.2024
On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market...
Why Bitcoin is still poised to break $74K before end of year
12.8.2024
Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns
Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
8.8.2024
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated...
Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss
7.8.2024
According to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them to return to profitability levels seen before the halving. To compensate for the revenue loss caused by the halving of Bitcoin’s block reward, miners are resorting to mergers...
Star Wars Jedi: Survivor Finally Comes To Last-Gen Consoles In September With A Price-Cut
6.8.2024
Star Wars Jedi: Survivor was an excellent action-adventure in a year full of decade-defining games. Now the 2023 GOTY contender is finally coming to last-gen audiences in September, letting PlayStation 4 and Xbox One players experience the second chapter in Cal Kestis’ unorthodox Jedi journey. Read...
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
6.8.2024
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align with the Federal Reserve’s targets on inflation...
Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows
1.8.2024
BTC price weakness fails to resolve the day after FOMC with Bitcoin liquidity grabs still the main talking point for traders
Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows
1.8.2024
BTC price weakness fails to resolve the day after FOMC with Bitcoin liquidity grabs still the main talking point for traders