Key facts: Markets are pricing in cuts like those in past recessions, the agency says. Analysts are predicting a rate cut of just 25 basis points. BlackRock Investment Institute has issued a note stating that the US Federal Reserve (FED) will not follow market expectations regarding interest rate cuts. Although markets are pricing in deep … Read more
Key facts: Despite the poor performance of ETFs, the price of bitcoin remained largely unchanged. Investors are awaiting a possible rate cut in the US. Since the launch of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States, it has been said that they have a great influence on the price of the digital asset. … Read more
Coinkite, the wallet manufacturer bitcoin-only Coldcard recently announced that it has carried out an update to its firmware for the Mk4 model and the Q model. Among other improvements, Coinkite wallets increased the signature speed for sending bitcoin by 15% on average compared to the previous version of the firmware. According to Coinkite: “The improvement … Read more
Key facts: To date, El Salvador holds about 5,800 BTC. Bhutan acquired more than 8,000 bitcoin in a matter of a year. Bhutan, a town near the Himalayas, has accumulated more than 13,000 bitcoin (BTC) over the past three years. The sum, disclosed by the analysis firm Arkham Intelligence, is more than double the amount … Read more
Key facts: The US saw inflows totaling USD 416 million, Coinshares reported. Bitcoin was the main inflow, with USD 436 million invested in it. Last week marked a turning point for bitcoin (BTC) and cryptocurrency investment products, with a total of $430 million in capital inflows, CoinShares reports. This move ends two negative weeks that … Read more
Key facts: After three years, KryptoVault closed its facilities in the town of Stokmarknes, Norway. The BTC mining center had an annual consumption similar to that of 3,200 households in this region. Following the closure of a bitcoin (BTC) mining facility in a town in Norway, Citizens will pay 20% more in electricity ratesThis is … Read more
Nervos Network (CKB), the native cryptocurrency of the eponymous layer 2 network on top of Bitcoin, leads the weekly rise of digital currencies within the top 100 by market capitalization. The increase in the price of the asset occurs after its development team will announce the launch of the test network Fiber Network, a decentralized … Read more
Key facts: DeFi returns could top 5%, says Bernstein. The interest rate cut could be 0.25% or 0.50%. With a potential interest rate cut by the US Federal Reserve (Fed) on the horizon, Ethereum could stand to gain from this economic adjustment. In this case, decentralized finance (DeFi), where the Ethereum network leads the way, … Read more
Who will win the US presidential election? There is a tough competition between former President Donald Trump and current Vice President Kamala Harris. Both are claiming their respective victories. Some surveys show Kamala Harris leading, while some show Trump ahead. It cannot be said right now who will win, but Use18’s poll rating tracker has … Read more
Key facts: For the firm, investors are leaning towards traditional safe haven assets. Bitcoin is 20% below its all-time high. The price of an ounce of gold reached a new all-time high (ATH). It surpassed the $2,582 barrier in an adverse context for financial markets, including bitcoin (BTC) and cryptocurrencies. For CryptoQuanta data provider firm … Read more