Fed Cut Doesn’t Scare Bitcoin, Which Holds Its Ground—Investor

Fed Cut Doesn’t Scare Bitcoin, Which Holds Its Ground—Investor

Kevin O’Leary pushed back on what many traders are betting on, saying he does not expect the US Federal Reserve to cut rates in December and that such a move would not rock Bitcoin’s price. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says The well-known investor/entrepreneur said he is not investing as if the Fed will ease policy, and he thinks Bitcoin will likely drift within 5% of its current level. Fed Cut Odds Skyrocketing According to the CME FedWatch Tool, markets are now pricing in an 89% chance of a December rate cut, a big swing from just weeks....


Related News

FTX Disaster Doesn’t Scare Cathie Wood’s ARK As They Double Down On Coinbase ...

FTX, with all the bad publicity attached to the beleaguered crypto exchange, is sending shivers down the spines of investors and traders. Many people in the crypto space are now bracing for more bad news to come out of the Binance-FTX drama. Now, Wednesday’s rapid decrease in the share price of cryptocurrency trading platform Coinbase Global […]

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto ...

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors ...

Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a Financial Product South Africa’s impending cryptocurrency regulations as well as the central bank’s decision to regulate cryptocurrency as a financial product is welcome as long as this....

Idaho Dept. of Finance Releases Investor Advisory on Digital Currency

The number of states that have so far made public comment (or have otherwise already issued some sort of consumer/investor alert) on digital currencies is growing rapidly. Most recently, we saw that California and New Mexico officials were warning the public of potential risks, and now we can add the "Potato State" to the list. Idaho's Department of Finance on Tuesday released a guidance entitled It pays to know what's in your e-Wallet, which aims to inform citizens of the states of potential dangers one may encounter upon investing in a digital currency like bitcoin. And what better way....

Dragons.tl Presents Tug Desk, A Combat Game Featuring Sheep and Dynamite

The game, which features sheep and dynamite as two unusual components, requires players to use them to combat with each in a sincere and patient manner. As elaborated by Dragons.tl’s dedicated guide, both the players use explosives to scare off a sheep standing between them in a play field. Therefore, the one who manages to use his entire dynamite, or move the sheep towards his competitor’s end line, wins the game. An excerpt from the wiki page: “You start with 50 pieces of dynamite (you can see the amount you have left under your name), and can use them to scare the sheep toward your....