Posts published on August 23, 2024 go to media archive 2/4

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s…

Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech

In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic…

Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from…

Report From The DNC: Democrats Warm Up To Bitcoin And Crypto, But Offer No Policy Specifics

Bitcoin was not a big topic at the Democratic National Convention (DNC) this week. None of the speakers at the event uttered a word about the electronic cash system or other crypto assets from the event’s main stage at Chicago’s United Center. And…

Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge

Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during…

Render’s Trading Volume Up 41% As Investors Make A Move For New ICO at $0.001777

In a surprising turn of events, Render (RNDR) has seen its trading volume skyrocket by 41% over the past week. This surge comes as investors flock to capitalize on the latest Initial Coin Offering (ICO) for Mpeppe (MPEPE), currently priced at…

3 Cryptocurrency You Must Be Bullish With Heading Into September ICP, RENDER & MPEPE

As we approach September, the cryptocurrency market is showing signs of a potential breakout, with several altcoins poised for significant gains. Among them, Internet Computer (ICP), Render (RENDER), and Mpeppe (MPEPE) stand out as top contenders…

Base Dawgz Holders Mirgreate To Rival Meme Coin Currently Priced at $0.001777

As the meme coin market continues to evolve, investors are always on the lookout for the next big opportunity. Recently, Base Dawgz (DAWGZ) has captured significant attention, particularly due to its impressive presale performance, which has now…

Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929

Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and…

Bitcoin ETFs Extend Winning Streak as Ether Funds Slip Into Red

On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their winning streak for the sixth day in a row, amassing $64.91 million. Meanwhile, the nine spot ether ETFs experienced a modest outflow, losing $874,610. Bitcoin ETFs on a…