“Interest rate cuts may not mean what you think,” analyst warns

The US Federal Reserve (Fed) has cut its interest rate by 0.5 percentage points, bringing it to 5.0%. This is the first reduction since 2020 by the agency led by Jerome Powell. As reported by CriptoNoticias, bitcoin (BTC) and cryptocurrencies reacted with high volatility after the agency’s decision was announced. In contexts of lower interest … Read more

The first major token unlock is coming up in Celestia

On October 30th, the first major unlocking of Celestia tokens (TIA), the native asset of the modular network of the same name, will take place. In total, more than 100,000 units will be distributed. 181 million TIA between investors and main contributors of the projectrepresenting 17.68% of the total supply, equivalent to more than $1.1 … Read more

Polymarket to launch its own cryptocurrency

Key facts: According to sources, Polymarket aims to raise USD 50 million with this launch. Some Bitcoiners are critical of Polymarket’s initiative. Polymarket, the leading prediction market platform, is reportedly considering a token issuance valued at over $50 million. The information was given by the newspaper The Informationwhich is based on sources who preferred to … Read more

“Gold is heralding a black swan event for the global economy”

The fact that the price of gold has reached a new all-time high this week, trading above $2,600, seems to be heralding the occurrence of a black swan event, both for the cryptocurrency market and the global economy. This is stated by the analyst Cryptoinsightsuk, who in a message published on X draws attention to … Read more

“The risk of recession is low,” according to Coinbase

Key facts: US interest rate cut marks turning point for volatile assets. Bitcoin soared above $63,000 after rate cut The US Federal Reserve (Fed) has decided to cut interest rates by 0.5 points, bringing them to 5%. Markets reacted with high volatility after the announcement, although doubts remain as to what direction the economy of … Read more

CoinEx participates as Silver Sponsor in the European Blockchain Conference 2024

Key facts: The event will take place from September 25 to 27 in Barcelona, ​​Spain. CoinEx will host a keynote address on “The Critical Role of Exchanges in Web3.” CoinEx, a leading player in the cryptocurrency sector, is proud to announce its participation as a silver sponsor at the European Blockchain Conference 2024, one of … Read more

Where is Kaspa headed? Investors share their expectations

Kaspa (KAS), the cryptocurrency launched in 2021 that has gained popularity among miners, has generated growing expectations for its performance, despite its recent stagnation. In the last year, Kaspa has achieved a 260% increase in its priceIn September 2023, its price was $0.047, while it is currently around $0.16. With a market capitalization of $4 … Read more

Worldcoin marked its highest price in almost a month

Key facts: WLD’s tokenomics are one of the main negative points for its price. WLD is 85% away from its all-time high, above $10. Worldcoin (WLD) token, known for its identity verification system based on biometric data scanning, has hit its highest price in almost a month, consolidating a 20% increase over the past seven … Read more

The dollar disappears from trade between BRICS countries

Key facts: Using the dollar entails additional costs, a BRICS spokesman said. All countries in the bloc are willing to use cryptocurrencies. While the countries that make up the BRICS group (Brazil, Russia, India and South Africa) are developing their own payment system, international trade is using the dollar less and less. According to statements … Read more

Capital locked in SUI takes off and leaves Polygon behind

Key facts: Currently SUI has 1,300,000 daily active wallets. As of September 2024, SUI’s DEX volume has reached $510 million. The first layer (L1) Sui network surpassed $900 million in total value locked (Total Value LockedTVL), as reported by the development team. This increase implied an increase of 3,285% in this metric since the launch … Read more