“Typically, rate cuts are perceived as bullish catalysts for risk assets,” they wrote. “A 25 basis point rate cut would likely mark the beginning of a standard rate-cutting cycle, which could lead to long-term price appreciation for BTC as recession fears ease. Such a move would signal the Fedʼs confidence in the economyʼs resilience, reducing the likelihood of a severe downturn.” Original
Day: September 3, 2024
Why the SEC Is Wrong About NFTs
The SEC’s Wells notice against OpenSea showed once again how regulators are overreaching in interpreting the law, says Edward Lee, a professor at Santa Clara University School of Law, and the author of “Creators Take Control.” Source
SUI Price Analysis; Top Analyst Dives Into SUI Future Potential and More
Este artículo también está disponible en español. The cryptocurrency market has always been a roller-coaster ride, and Sui (SUI) is no exception. Over the past week, SUI has experienced a significant drop, with a staggering 23% loss as market panic grips investors. Despite the strong developments within its ecosystem, SUI’s short-term performance appears to be clouded by fear, uncertainty, and doubt (FUD). However, amidst this turmoil, Mpeppe (MPEPE) is emerging as a potential contender for those seeking gains in the volatile crypto space. Mpeppe (MPEPE): Crypto Markets Favorite Meme While…
Ethereum ETF Couldn’t Save ETH From Falling, ETH Whales Search For New 100X Dreams
Este artículo también está disponible en español. The cryptocurrency market has been anything but kind to Ethereum (ETH) lately. Despite the highly anticipated launch of Spot Ethereum ETFs, which many believed would bolster the asset’s price, Ethereum continues to struggle, casting doubts on its short-term potential. As the price of ETH remains trapped in a bearish trend, large investors, or “whales,” are beginning to seek out new opportunities for massive returns—enter Mpeppe (MPEPE), a rising star in the crypto space. Mpeppe (MPEPE) Captures the Attention of Ethereum Whales As Ethereum’s…
Institutional DeFi Needs a BUIDL Moment
Tokenized securities have been hailed as the next-big-thing in crypto since 2018, but the market saw relatively little adoption for years. The value proposition of tokenized securities was obvious, and most platforms had KYC-AML capabilities, but that wasn’t enough to be taken seriously by institutions. During that time, companies like Securitize added institutional-ready capabilities such as broker-dealers, transfer agents, and onboarding institutions, all of which led to BlackRock gaining conviction for the space. BUIDL built on the institutional blocks laid by Securitize, like its transfer agent and broker-dealer capabilities. Source
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend. Original
Meme Coin Prices Recover as Top Crypto Expert Predicts 10x Returns for New Crypto All-Stars Token
Meme coins are in the spotlight today, rallying after an extended period in the red. Thanks to this revival, several new coins are beginning to gain traction. The most prominent is Crypto All-Stars (STARS) – with one crypto expert even suggesting it could 10x in price after listing on exchanges. Meme Coins Roar Back to […] Source CryptoX Portal
XRP Whale Investors Discover New Gambling Token To Gain New Profits
Este artículo también está disponible en español. The world of meme tokens is a dynamic one, where investors are constantly on the lookout for the next big opportunity. In recent developments, investors in Ripple (XRP) have started doubling down on a new cryptocurrency that is positioned to deliver significant returns: Mpeppe (MPEPE). This strategic shift is driven by the potential that Mpeppe (MPEPE) holds, promising high staking rewards and a robust future in the rapidly evolving crypto casino space. XRP Investors Look For Alternatives Ripple (XRP) has been a well-known…
Bitfarms sells 60% of August Bitcoin production ami rising network difficulty
Bitfarms sold over 60% of August Bitcoin production amid rising network difficulty. Canadian Bitcoin (BTC) miner Bitfarms announced that it sold nearly 63% of the Bitcoin it mined in August, amounting to 147 BTC out of the 233 BTC generated during the month. In its August 2024 update, the Toronto-based company highlighted the sale as part of its ongoing focus on active treasury management amid the “increase in average network difficulty.” The sale generated approximately $8.8 million in revenue, contributing to Bitfarms’ liquidity while allowing the company to grow its…
Facing Up to Crypto’s Gen Z Stigma
Students should be among the earliest adopters of Web3, but they’re currently not using the technology, says Benjamin Sturisky, research analyst at Delphi Digital and president of Gator Blockchain. Source