Bank of England leaves rates unchanged amid rising inflation

Key Takeaways The Bank of England kept its interest rate at 4.75% as UK inflation rose to an eight-month high. Higher transportation and housing costs are significant contributors to the recent rise... Read more »

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Key Takeaways Bitcoin price fell under $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines amid market sell-off. Share this article Bitcoin fell close to 6%, trading under... Read more »

Fed expected to make third rate cut today—here’s what to know

Key Takeaways The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market instability is possible as the event looms. Share this... Read more »

PENGU token plunges 50% after airdrop as Pudgy Penguins NFT floor price tumbles

Key Takeaways PENGU token plummeted over 50% in value following its airdrop. The decline in PENGU token also led to a sharp drop in Pudgy Penguins NFT floor price. Share this article... Read more »

Fed signals one more rate cut in December, CME tool shows 96.9% probability

Key Takeaways The Federal Reserve is likely to implement a quarter-point rate cut in December with a 96.9% probability. Bitcoin has remained resilient and maintains trading levels above $100,000 amid monetary policy... Read more »

VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025

Key Takeaways VanEck forecasts Bitcoin reaching $180,000 in 2025, with the US potentially adopting it as a strategic reserve. The firm highlights Ethereum, Solana, and Sui as top-performing assets, alongside growth in... Read more »

Nasdaq expected to announce MicroStrategy’s inclusion in Nasdaq-100 today

Key Takeaways MicroStrategy is likely to be included in the Nasdaq-100 index, pending its classification as a technology company. ETFs tracking the Nasdaq-100 may need to buy MicroStrategy shares if included, impacting... Read more »

Nasdaq announces MicroStrategy’s inclusion in Nasdaq-100, what’s next?

Key Takeaways MicroStrategy, Palantir Technologies, and Axon Enterprise will join the Nasdaq-100 on December 23. MicroStrategy’s inclusion is expected to attract significant buying activity from ETFs tracking the Nasdaq-100. Share this article... Read more »

Australia’s big super fund allocates $27 million to Bitcoin: report

Key Takeaways AMP allocated $27 million to Bitcoin, marking Australia’s first super fund investment in the digital asset. The Bitcoin investment aims to enhance returns and manage risk as part of AMP’s... Read more »

US November CPI matches expectations, Fed rate cut likely ahead

Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are anticipating a quarter-point reduction in the federal funds rate at the upcoming... Read more »
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