The recent 0.50% interest rate cut by the US Federal Reserve (Fed) has had a direct impact on the price of bitcoin, marking a 6% increase, its highest level since late August. This move by the Fed breaks with the aggressive monetary policy that has been in place since March 2020The agency’s decision, which was … Read more
Since 2009, Bitcoin (BTC) has captured the attention of investors for its characteristics that make it a safe haven asset. These include its inherent scarcity and its ability to operate outside of traditional financial systems. However, Bitcoin is still in its early stages of adoption as a global means of payment or store of value. … Read more
Jerome Powell, chairman of the Federal Reserve (Fed), the central bank of the United States, was optimistic about the economy today, after announcing a cut in interest rates. “Our economy is strong overall and has made significant progress toward our goals over the past 2 years,” express. Inflation has been falling in the economic powerhouseas … Read more
Key facts: For Gensler, airdropping is like giving away shares in a company. Lawmakers call for clarity from SEC on how it regulates crypto assets. The U.S. Securities and Exchange Commission (SEC) has made it clear that it considers cryptocurrency airdrops to be securities offerings and that companies distributing them could therefore be subject to … Read more
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
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported inflows of more than $186 million and accumulated four consecutive days with incoming capital flows, the best streak so far in September. The good performance of financial instruments based on the digital asset occurs in view of the possibility that the United States Federal Reserve … Read more
Key facts: Rates in the United States are expected to fall to 5.25%. A larger-than-expected rate cut could be bearish for markets, analysts say. The day that the markets have been waiting for, including the Bitcoin (BTC) and cryptocurrency markets, has arrived. Today, the FOMC, the body in charge of monetary policy of the Federal … Read more
The former president and presidential candidate presented his new cryptocurrency platform on September 16: World Liberty Financial. A project that is run by his sons Donald Trump Jr. and Eric Trump and that, apparently, generated more disappointment than enthusiasm among investors. According to the information that was offered to the media and shared in a … Read more
Key facts: “Now is the time to move quickly with rate cuts,” politicians say. Senators warn that delays in rate cuts have “threatened” the economy. US Senators Elizabeth Warren, Sheldon Whitehouse and John Hickenlooper sent a letter to Federal Reserve Chairman Jerome Powell urging an immediate 75 basis point reduction in interest rates. “Now is … Read more
Trouble is mounting at the U.S. Securities and Exchange Commission (SEC) as, in an unusual twist, its chairman Gary Gensler and four other commissioners are set to appear before the House Financial Services Committee on Tuesday, September 24. That fact is quite an event, if you take into account that For the first time in … Read more