The Federal Reserve’s Interest Rate Decision
Interest Rates are Slashed: The Federal Reserve announces its first interest rate cut, signaling a shift in economic strategy.
Crypto Markets React: Bitcoin and Ethereum saw notable dips, reflecting investor caution amidst the rate cut anticipation.
Market Sentiment: While some expect a short-term volatility, others are banking on a bullish trend as liquidity potentially increases.
The Fed’s First Cut: Navigating the Economic Lands…
Cryptocurrency’s Absence in Trump-Harris Debate
Cryptocurrencies were notably absent from the Trump-Harris presidential debate.
Topics like abortion, immigration, inflation, and Ukraine dominated the discussion.
Bitcoin’s price fell below $57,000 following the debate.
Kamala Harris seemed to gain favor among crypto enthusiasts post-debate.
The Crypto Silence in the Presidential Debate
During the first presidential debate of 2024 between Donald Trump and Kamala Harris, cryp…
Bitcoin ETFs break 8 day outflow streak and record $28M in net inflows
Bitcoin ETFs have indeed broken an 8-day streak of outflows by recording net inflows of approximately $28 million. This shift comes after a period where these ETFs experienced significant outflows, totaling around $1.2 billion, marking a notable turnaround in investor behavior towards Bitcoin ETFs. Here’s a brief overview based on the information available up to September 10, 2024:
Recent Performance: After a prolonged period of outflows,…
Tokocrypto Gains Trading License in Indonesia
Tokocrypto, a Binance subsidiary, has secured a Physical Crypto Asset Trader (PFAK) license in Indonesia.
This makes Tokocrypto the third exchange in Indonesia to receive such a license, enhancing its credibility and operational scope.
The platform’s user base has surged to over 4.5 million, with a 138% increase in monthly trading volume in 2024.
Tokocrypto’s Milestone: A New Era for Crypto Trading in Indonesia
Tokocrypto, backe…
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