Don’t Believe the Hype, the First Rate Cut Isn’t a Market Disaster
With a Fed rate cut looming, the markets are in selling mood. But history shows that the S&P tends to rally after monetary easing, which in turn should support risk assets lik...
OMFIF Survey Respondents Believe Substantial Level of Tokenization is Still Three Years Away
The Official Monetary and Financial Institutions Forum's digital assets report said that 92% of its respondents believe that financial markets will experience significant toke...
First Mover Americas: Bitcoin Reclaims $59K as Traders Anticipate 50-Bps Fed Rate Cut
The latest price moves in crypto markets in context for Sept. 17, 2024.
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.
Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.
Crypto Project World Liberty Financial, Promoted by Trump Family, Confirms Plan for Token
Officials and advisors to the project confirmed, during a much-anticipated two-hour-plus Spaces on X, that the non-transferable governance token will be available under an SEC...
UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform
Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will move away from mining business and will develop data centers instead.
Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance
The company just days ago announced the purchase of $1.1 billion worth of bitcoin, bringing its holdings to 244,800 tokens.
CZ Set to Be Released From Prison on September 29
The Binance founder is currently living in a halfway house in San Pedro, California.