Bitcoin eyes new high as China joins Fed with pandemic-level stimulus

Key Takeaways China’s $140 billion stimulus could drive Bitcoin to surpass $70,000. Bitcoin’s technical breakout suggests a potential rally to new all-time highs. Share this article Bitcoin appears positioned for a potential... Read more »

CELO jumps 25% after project gains endorsement from Vitalik Buterin

Key Takeaways Celo’s transition to Ethereum L2 marks a significant network enhancement. Major stablecoins like USDC and USDT have expanded their presence on Celo in 2024. Share this article CELO, the native... Read more »

Solana could hit 50% of Ethereum’s market value, predicts VanEck

Key Takeaways Solana’s transaction efficiency far surpasses Ethereum, offering a 3000% increase in processing speed and drastically lower fees. VanEck’s analysis suggests a significant market cap rise for Solana, potentially reaching 50%... Read more »

Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

Key Takeaways TrueX introduces a stablecoin-centric trading platform, aiming for minimal slippage between various stablecoins. The exchange secures $9 million in seed funding and collaborates with major crypto investors and companies. Share... Read more »

Gold breaks all-time high as Bitcoin surges 7% in September in face of economic decline

Key Takeaways Central banks and institutions are significantly increasing gold buying as the economic outlook worsens. The declining US Dollar Index has made gold more attractive to foreign investors, boosting demand. Share... Read more »

Bitcoin nears major breakout as it approaches 200-day moving average

Key Takeaways Bitcoin’s approach to the 200-day MA could signal a new bullish trend. Minimal liquidations indicate cautious trading and limited downward pressure. Share this article Bitcoin has been trying to push... Read more »

Crypto products see $321 million in inflows, Ethereum funds lag

Key Takeaways Digital asset investment products saw $321 million inflows following Fed’s dovish stance. Ethereum experienced its fifth consecutive week of outflows, totaling $29 million. Share this article Crypto products saw $321... Read more »

Fed makes aggressive 50 bps cut amid recession fears

Key Takeaways The Fed’s rate cut to 4.75%-5.00% reflects rising economic concerns. Major banks increase recession probabilities following the Fed’s decision. Share this article The Federal Reserve cut interest rates by 50... Read more »

Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut

Key Takeaways Bitcoin and S&P500 both increased following the Fed’s rate cut. The crypto market cap increased by over 3% in the last 24 hours. Share this article Bitcoin (BTC) experienced a... Read more »

Polymarket users outperform economists in predicting US rate cut

Key Takeaways 54% of Polymarket users correctly predicted the 50 bps Fed rate cut, outperforming 92% of economists. The crypto market value grew by 3.7% following the rate cut, while equities markets... Read more »
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