Author: cointechies
Morocco To Launch First Legal Crypto Framework With IMF, World Bank Support CCN.com
Written by Michael S. Darby and Ann Safir NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. central bank would not get involved in the government's efforts to stockpile large amounts of bitcoin. “We are not allowed to own Bitcoin,” Powell said in a press conference after the Fed's recent two-day policy meeting, adding that while policymakers cut interest rates as expected, they will continue to do so in the coming months. This suggests that the direction of monetary policy is more uncertain. As for the legal issues surrounding Bitcoin holdings, Powell said, “That's something…
Here’s how the crypto market reacted to the Fed’s 0.25% cut crypto.news
Check out the latest information in Spanish. Bitcoin prices experienced a sharp drop on Wednesday, briefly falling below the $100,000 milestone, as cautious expectations for the US Federal Reserve's interest rate cuts dampened crypto investment. At one point during Wednesday's trading session, the leading cryptocurrency on the market fell as low as $98,760, but has since recovered to six-digit levels. Other cryptocurrencies such as Ethereum (ETH) and Dogecoin (DOGE) also faced significant declines. Fed's cautious interest rate cuts cause market uncertainty The Fed's decision to lower borrowing costs for the third time in a row softens the outlook for future…
If you had invested $6,000 in Bitcoin, the world's largest cryptocurrency, almost 10 years ago, you would have been a millionaire by now. Bitcoin and the cryptocurrency sector have overcome all odds not only to survive, but to thrive. The token recently surpassed $107,000. Several other cryptocurrencies are also doing well, with market capitalizations growing to over $100 billion. One is XRP (XRP -1.90%)currently the fourth largest cryptocurrency sector with a market capitalization of over $140 billion. Anyone who invested in XRP 10 years ago could be a millionaire today. But what about now? Can XRP make you a millionaire…
Bitcoin is the first cryptocurrency that introduced the world to the concept of digital assets and decentralized cash. Bitcoin has existed as a concept for 40 years, but in 2009 it made the digital currency a reality. Over time, Bitcoin's history has had its highs and lows, leading to major milestones in its history. Bitcoin is probably the most popular cryptocurrency with the most volatile trading history with large rallies and large crashes. At the moment, the price of Bitcoin has reached the $100,000 level, indicating sporadic growth of the cryptocurrency. This is one of the notable Bitcoin milestones that…
Check out the latest information in Spanish. Sentiment towards Ethereum (ETH) has hit its lowest level in a year as the second-largest cryptocurrency by market capitalization struggles to regain the $4,000 level. Despite investor sentiment, some analysts are suggesting that the altcoin king is about to start a bullish move towards new highs. Related books Ethereum sentiment falls to its lowest level in a year Ethereum’s social sentiment has hit its lowest level in a year as the cryptocurrency struggles to convert resistance at $4,000 into support, according to crypto analyst Ali Martinez. According to the post, this indicator reached…
What Happened in Crypto Today: Trump Might Crash Crypto? Yahoo Finance
Aave price was hovering around $343 on Thursday after correcting more than 6% this week. Due to the recent decline, total liquidations were $5.13 million, with 84% coming from long positions. The AAVE NPL indicator has shown a significant spike, suggesting that holders are realizing profits and increasing selling pressure. AAVE price is hovering around $343 on Thursday after correcting more than 6% this week. Due to the recent economic downturn, total liquidations reached $5.13 million, of which 84% were from long positions. Aave's Network Realized Profit and Loss (NPL) indicator has shown a significant spike, suggesting selling pressure is…
Ronaldo is an experienced cryptocurrency enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity that quickly turned into a deep passion to understand the intricacies of this breakthrough technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved deep into the world of cryptocurrencies, exploring its various aspects, from blockchain fundamentals to market trends and investment strategies. His tireless inquisitiveness and effort to stay on top of the latest trends has…