The Fed cut interest rates; bitcoin reacts with high volatility

Key facts: The FOMC set a 0.50% cut in interest rates. Markets, including Bitcoin, initially reacted bullishly. The Federal Reserve (Fed), the central bank of the United States, has just published the decision of the Open Market Committee (FOMC), its body in charge of monetary policy. It set a cut in interest rates by 0.5%, … Read more

“Bitcoin is a unique diversifying asset”

Key facts: The firm’s CEO, Larry Fink, had called bitcoin “digital gold.” The report indicates that some investors view BTC as a “safe haven.” BlackRock, the world’s largest asset manager, highlights that bitcoin (BTC) “is a uniquely diversifying asset,” although it is still in its early stages of adoption as a global means of payment … Read more

“There is room for a bullish rally with the rate cut, but…”: Daniel Muvdi

With the Federal Reserve (Fed), the US central bank, expecting to cut interest rates, the market’s eyes are on the market. But that’s not all that matters to investors. “What could affect the market will not be the rate cut itself, but the effects of a possible recession,” stands out renowned trader Daniel Muvdi. The … Read more

“RWAs will save the cryptocurrency market”: Win Investments director

Key facts: Jaremtchuk says that people are increasingly trusting RWA over other cryptocurrencies. At Win Investments, they see a week-by-week growth in player token users. Although historically investments in huge industries such as football, for example, have been areas that only select entrepreneurs and investors could access, tokenization is changing this reality. Valentin Jaremtchuk, co-founder … Read more

The future of cross-chain exchanges

Key facts: With Fusion+ users have control over their assets, unlike CEXs. To try Fusion+ you need to manually enable the feature in the 1inch dApp. 1inch’s cross-chain solution, designed with security in mind, enables seamless token swaps between multiple blockchains, ensuring robust asset protection. Called Fusion+, it is an innovative enhancement to 1inch’s intent-based … Read more

Revolut to launch its own stablecoin: report

Key facts: According to the company, they are “quite advanced” in creating the stable cryptocurrency. They want to take a compliance-first approach to become a “safe harbor.” Revolut, the $45 billion London-based fintech, is in the final stages of developing its own stablecoin, according to sources close to the company. This decision aligns with Revolut’s … Read more

Google helps write code on Ethereum

Google, in collaboration with Google Cloud, today launched a service called Blockchain RPC (Remote Procedure Call or Remote Procedure Call). This tool aims to allow users to web3 developers interact with data on-chainspecifically with the Ethereum (ETH) blockchain, without having to manage your own node infrastructure. The RPC protocol is a technology that grants developers … Read more

Spain tightens rules for confiscating cryptocurrencies from tax debtors

The Spanish Council of Ministers approved, in a first round, a draft law that requires a series of changes to the tax laws that apply to the cryptocurrency sector. This, as part of the process of transposing the country’s laws to the new European Union (EU) directives. The proposed law, which establishes reporting obligations on … Read more

Bitcoin is on a bullish streak in the near term: Willy Woo

Key facts: The market remains on the lookout for a possible rate cut in the US. “Current demand and supply for bitcoin are neutral and bearish,” Woo says. Professional analyst and trader Willy Woo has shared his vision on the near future of bitcoin (BTC), anticipating a rise in its price in the short term. … Read more

BlackRock and Microsoft team up to invest in artificial intelligence

BlackRock and Microsoft, along with other institutions, have created the Global AI Infrastructure Investment Partnership (GAIIP). This partnership seeks to raise up to $100 billion to invest in artificial intelligence (AI) infrastructure, primarily in the United States. Investments will focus in the construction and expansion of data centers to meet the growing demand for computing … Read more