Search
CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting
28.9.2024
In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction...
Fed’s dovish move to slash $625M in interest income for stablecoins
27.9.2024
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
26.9.2024
Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday
Financial institutions are experimenting with Bitcoin-backed lending: Ledn
25.9.2024
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
Financial institutions are experimenting with Bitcoin-backed lending: Ledn
25.9.2024
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
The Fed Pivot is Finally Here
25.9.2024
Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto community, says Andre Dragosh, head of research Europe, CoinShares
Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points
25.9.2024
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms...
Warhammer 40K Super Fan Henry Cavill Shares His Review Of Space Marine 2
24.9.2024
When he’s not busy appearing for a cameo on Deadpool & Wolverine, noted nerd Henry Cavill has often been spotted painting Warhammer 40,000 miniatures or playing on his PC gaming rig. Recently, the movie star combined both hobbies and sat down to play Warhammer 40K: Space Marine 2. His verdict?...
2024’s Most Absurd Platformer Is On Sale Right Now
24.9.2024
I’ve written off most of the humor in games. Maybe tons of it is funny to the millions of players outside of myself, but most of it misses the mark for me. Instead, I often find humor in the random conversations me and my friends have when we play games together, or the shenanigans we sometimes...
UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
24.9.2024
UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that...
How To Find All 3 Endings In Silent Hill 2 Tribute Hollowbody
23.9.2024
Hollowbody is a short survival horror game that takes you on a panicked run through what’s left of 22nd-century England, 60 years after a terrorist attack infected its west coast with an unknown biological agent. As smuggler Mica Holloway, you have less than 20 hours to find your partner Sasha...
Bitcoin leads $321M crypto inflows following Fed rate reduction
23.9.2024
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported
Bitcoin leads $321M crypto inflows following Fed rate reduction
23.9.2024
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported
Gold hits new high as Bitcoin rallies to month high at above $64K
23.9.2024
Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension
Bitcoin is pinned below $65K but several market structure-altering factors are at play
22.9.2024
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory
Plucky Squire Problems, PS5 Pro Love, And More Spicy Takes
21.9.2024
It’s another week which means we’ve got more takes, because that’s what we do here at Kotaku. We love the retro-themed PS5 Pro, have some problems with The Plucky Squire, weighed in on the Space Marine 2 controversy, and spent seven hours with Dragon Age: Inquisition. Check out all of our opinions...
JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
21.9.2024
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms...
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
20.9.2024
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already...
Is Bitcoin price going to crash again?
20.9.2024
Bitcoin’s failure to hold $64,000 could be an early sign that a price reversal is beginning
Ethereum open interest hits 20-month high — Is this bullish or bearish for ETH?
20.9.2024
Ether’s futures open interest jumps to a 20-month high, but leverage demand remains balanced