
Federal Reserve Cuts Rates by 25 Basis Points amid Economic Easing, BTC Hits Record High
The US Federal Reserve reduced its interest rate by 25 basis points on Thursday, in a decision did not exactly come as a surprise.
The US Federal Reserve reduced its interest rate by 25 basis points on Thursday, in a decision did not exactly come as a surprise.
Following Donald Trump’s decisive election, crypto mining stocks like Marathon Digital, Riot Blockchain, and Hut 8 Corp experienced pre-market rallies.
Coinbase executives, including CEO Brian Armstrong, have approved trading plans to sell 5 million COIN shares, valued at roughly $900 million.
Coinbase dominance in the North American crypto market has significantly dropped as Crypto.com continues to gain more ground.
The notable success rate for MicroStrategy through its Bitcoin strategy has attracted more global companies seeking to follow the same route.
Truflation has introduced a fitness-inspired index that blends corporate performance and physical wellness, offering investors a fresh perspective on evaluating businesses.
Political developments have triggered substantial investments in the digital asset market, with Bitcoin benefiting the most, attracting $419 million in investments.
The latest purchase brings Ark’s total holdings in Coinbase to approximately $67 million, representing 7.43% of the fund’s value.
With over 10% gains in September 2024 so far, Bitcoin price has beaten the average 5.6% returns in September over the past decade. Global rate cuts to will benefit Bitcoin amid huge liquidity pump.
The market correlation between US stocks and crypto has grown in the past few weeks and is now topping 0.67.
World Liberty Financial will sell non-transferrable WLFI tokens, which “are pure governance tokens, only providing the right to make proposals and vote on matters related to the platform.”
Hong Kong aims to stay ahead in fintech by issuing AI guidelines, seeking both innovation and stability.
The expansion marks a significant step in the company’s efforts to enhance its financial services across the region.
Throughout this year, the performance of Coinbase stock has been a really turbulent one.
Monochrome’s proposed ETF is a timely intervention. It comes at a time when global interest in Ethereum has lifted up.