Bitcoin, Altcoin Sell-off As Global Tensions Lead Traders To Cut Risk
Key points: Bitcoin is attempting to find support near the $94,500 level, signaling a positive sentiment. Buyers will have to…
Tag: Cut
CoinDCX CEO Pushes for INR-Backed Stablecoins to Cut India’s $125B Remittance Costs
Key Takeaways: CoinDCX CEO Sumit Gupta calls for a regulated INR-backed stablecoin to accelerate India’s digital economy. He argues such…
BTC Eyes $120K Reclaim On CPI Print And Fed Rate Cut Odds
Key takeaways: July US CPI held steady at 2.7% year-over-year, boosting Fed rate cut bets to 93.9% for September. Key…
ECB makes 25 bps rate cut as inflation drops to three-year low
Key Takeaways ECB’s rate cut follows a significant drop in inflation to 1.8%. Further rate reduction anticipated by markets by…
Arthur Hayes Says the Fed Rate Cut Could Cripple Crypto Market
BitMEX co-founder Arthur Hayes has reiterated his stance on the incoming interest rate cut from the Federal Reserve, terming it…
XRP and This ETH Token Witness Inflows Ahead of Potential Rate Cut
Institutional investors are making their moves ahead of the US Federal Reserve’s potential rate cut in September, as inflation in…