Bitcoin Faces Potential Economic Headwinds Amidst Rate Cuts
Bitcoin's stability is at risk with upcoming economic shifts and Fed rate cuts.
BrianBitcoin's stability is at risk with upcoming economic shifts and Fed rate cuts.
BrianThe Financial Services Commission (FSC) in South Korea issued a notice emphasising the obligation for investors in digital assets to receive interest on their deposits into exchanges by July 2024. Notably, the guidance excludes nonfungible tokens (NFTs) and central bank digital currencies (CBDCs) from this regulation.
JoyThey have opened a data room for potential buyers to begin their due diligence
OthersUnited States interest rates are touted to grow less than expected, which has got crypto markets onto a slightly more positive sentiment.
BitcoinistEuropean Central Bank policymakers appeared increasingly worried that high inflation could become entrenched.
OthersCrypto prices immediately came crashing down after the Fed announced they are increasing interest rates during an economic summit.
BitcoinistThe Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and would continue to “respond forcefully, as necessary” to inflation.
OthersThe FOMC announced a 75-bps rate hike on Sept. 21. BTC fell by 6.45% right after the announcement.
BeincryptoEthereum has seen more interest in recent days. Most of it has come from the price decline of the digital ...
BitcoinistBitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital ...
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