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Fed Maintains Target Range for Funds Rate between 5.25-5.50% amid Tightening Monetary Policy to Lower Inflation to 2%
By Steve Muchoki
• 3 mins read
Fed chair Jerome Powell and the rest of the committee are convinced of slower economic growth in the coming quarters amid softening labor market conditions.
Hong Kong-based Crypto Exchange Hashkey Launches Trading Application for Retail Users after Recording Huge Growth
By Steve Muchoki
• 3 mins read
Hashkey opened its retail crypto trading services in mid-August this year and has seen its trading volume scale to over $100 million in October.
Circle Announces Closure of Individual Consumer Accounts on November 30
By Steve Muchoki
• 3 mins read
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts.
Solana Blockchain Nodes Now Available to DeFi and Dapp Developers on AWS Repository
By Steve Muchoki
• 3 mins read
The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts.
Bernstein Research: Bitcoin Spot ETF Approval by January 10 Next Looks Highly Likely
By Steve Muchoki
• 3 mins read
With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if.
VanEck Strategy Advisor: El Salvador to Easily Turn to ‘Singapore of Americas’
By Steve Muchoki
• 3 mins read
Having adopted Bitcoin alongside the United States dollar as the legal tender two years ago, El Salvador has attracted significant capital investment through tourism and immigration compared to its neighbors.
Matrixport: Bitcoin Price Could Hit $125K by December 2024 Fueled by Heightened Institutional Demand
By Steve Muchoki
• 3 mins read
The report by Matrixport revealed that the fifth Bitcoin bull market officially began on June 22, 2023, with further gains anticipated amid momentum gain.
Former FTX Boss SBF Testifies in New York Court Presided by Judge Kaplan
By Steve Muchoki
• 3 mins read
With the jury absent, SBF told the court that the interactions between FTX officials through different messaging channels like Signal were deleted and he never discussed a $13 billion hole with Caroline Ellison.
Crypto Hangs in Limbo as Market Awaits Further Developments
By Steve Muchoki
• 5 mins read
The Bitcoin halving, an event that takes place once every four years and cuts the reward for mining Bitcoin transactions in half, could also pave the path for a new bull run.
Former FTX Boss Expected to Testify on His Trial, Attorney Confirms
By Steve Muchoki
• 3 mins read
Sam Bankman-Fried will be pushing to clear his name after his former colleagues made many revelations that could lead to his imprisonment for more than 100 years if the jury finds him guilty.