Analysts Sound The Alarm: Fed Rate Cut Hopes May Backfire On Crypto
Market confidence over a possible Federal Reserve rate cut has pushed crypto prices higher in recent days, but analysts warn that the mood could flip quickly. Related Reading: No Crypto In Office? Pennsylvania Lawmakers Push New Ban According to Santiment, social chatter around the words “Fed,” “rate,” and “cut” has hit an 11-month high, a […]
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Japan-based Metaplanet has added more Bitcoin to its reserves this week, spending over $11 million to acquire 103 BTC. The company confirmed the move in a recent disclosure, stating the purchase was executed at an average price of $113,491 per coin. Related Reading: Analysts Sound The Alarm: Fed Rate Cut Hopes May Backfire On Crypto […]
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate. Bitcoin (BTC) has rebounded by 20% to almost $22,500 since Sep. 7. But bull trap risks are abound in the long run as Elon Musk and Cathie Wood sound an alarm over a potential deflation crisis.Cathie Wood: "Deflation in the pipeline"The Tesla CEO tweeted over the weekend that a major Federal Reserve interest rate hike could increase the possibility of deflation. In other words, Musk suggests that the demand for goods and services will fall in the United States....
Crypto crime in Hong Kong has soared to its highest level ever. In the first half of this year, almost 500 crypto crimes were recorded in the former British colony, with one user losing out to the tune of $16 million. Total losses for the 496 cases came in at HKD$214 million ($27.5 million), making […]
With the US, Asia and MENA accelerating, Switzerland must balance stability and innovation or risk fading in the global fintech race. Last week crypto and Web3’s most influential figures gathered at the CV Summit in Zurich, Switzerland. At the summit, known as Switzerland’s most reputable fintech event, a variety of important topics were addressed, but […]
Multiple state authorities shared concerns about the upcoming crypto market structure legislation and its impact on their ability to prosecute fraudsters in crimes related to digital assets. Related Reading: Thailand To Expand Crypto ETF Lineup Beyond Bitcoin In Early 2026 – Report State Regulators Sound The Alarm Over Crypto Bill Regulators from Alabama to Montana […]