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Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts

[Sep 30, 2024 10:00 PM] Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.

Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

[Sep 29, 2024 9:30 PM] Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs. 

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

[Sep 28, 2024 2:45 PM] In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures…

Bitcoin Set For Biggest September Gains In A Decade: Here’s Why

[Sep 28, 2024 6:30 AM] Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors. Reasons Behind Bitcoin’s Impressive September Gains Historically…

Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated

[Sep 27, 2024 3:30 PM] Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456…

Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally

[Sep 26, 2024 7:40 AM] The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

[Sep 25, 2024 7:30 PM] In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors…

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience

[Sep 25, 2024 5:21 PM] Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the…

The Fed Pivot is Finally Here

[Sep 25, 2024 3:19 PM] Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto community, says Andre Dragosh, head of research Europe, CoinShares.

U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels

[Sep 25, 2024 12:10 PM]

Lawmakers Question SEC Over Disruptive Crypto Custody Rules

[Sep 24, 2024 11:20 PM] Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question…

Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming

[Sep 24, 2024 7:16 PM] Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the curve and is “in a little bit” of a panic…

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

[Sep 23, 2024 11:16 PM] UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for…

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

[Sep 23, 2024 7:05 PM] Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s…

Bitcoin leads $321M crypto inflows following Fed rate reduction

[Sep 23, 2024 10:33 AM] Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported.

Bitcoin poised for potential rally as FTX payout looms and Fed shifts

[Sep 23, 2024 9:49 AM] The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks.

Gold hits new high as Bitcoin rallies to month high at above $64K

[Sep 23, 2024 6:10 AM] Gold has gained more than 5% in two weeks, reaching a record high driven by rate cuts and geopolitical tension.

Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles

[Sep 22, 2024 6:29 PM] Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent interview with Kitco, the current financial trends indicate that the…

Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030

[Sep 21, 2024 11:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to…

JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

[Sep 21, 2024 12:30 AM] JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job…

Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

[Sep 20, 2024 10:00 PM] According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding priceâ€

Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon

[Sep 20, 2024 12:01 PM] With both assets leading the market, here's a closer look at the factors driving their remarkable performance.

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

[Sep 20, 2024 2:30 AM] Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage…

JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

[Sep 19, 2024 11:30 PM] JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us…

A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500

[Sep 19, 2024 5:30 PM] Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s…

Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

[Sep 19, 2024 2:00 PM] Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the…

Fed rate cut may be politically motivated, will increase inflation — Arthur Hayes

[Sep 19, 2024 6:22 AM] The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris. 

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’

[Sep 18, 2024 11:30 PM] Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising…

Bitcoin price attempts to turn the tide after Fed’s 0.5% rate cut

[Sep 18, 2024 6:50 PM] Bitcoin price rallies to $61,000 after the US Federal Reserve cuts rates by 50 basis points for the first time since 2020.

Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty

[Sep 18, 2024 6:29 PM] The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state…