Author: cointechies
Important points The Fed is expected to cut interest rates by 25 basis points, to a range of 4.25% to 4.5%. Market volatility may increase as the event approaches. Share this article The Fed is scheduled to announce its interest rate decision at its meeting on Wednesday. Economists widely expect the Fed to cut interest rates for the third time in a row, lowering the federal funds rate to its target range of 4.25% to 4.5%.A further 25 basis point cut would bring the total rate down by 1 percentage point since September. The Fed first cut interest rates by…
XRP has risen over 10% since Ripple launched the RLUSD stablecoin. XRP investors have posted nearly $1.5 billion in profits in the past 24 hours following recent price increases. XRP is struggling near the $2.58 resistance level as investors maintain the $4.75 target. Ripple (XRP) rose 3% on Wednesday as investors saw significant profit-taking following the launch of the RLUSD stablecoin. Whales are absorbing selling pressure from profit-takers as XRP struggles near the $2.58 resistance level. XRP investors realize $1.48 billion in profits after RLUSD launch Ripple confirmed in an X post on Tuesday that its RLUSD stablecoin has gone…
Introducing Samuel Edim, nickname – HIM-buktu. A Web3 content writer, journalist, and aspiring trader, Edyme is extremely versatile. With a flair for words and a keen eye for trends, he has written for numerous industry insiders, including AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s foray into the cryptocurrency world is straight out of a movie. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that uses cryptocurrencies as payment got him in. Rather than retreat, he became wiser and more determined, parlaying his experience into more than three years of insightful market analysis. Before…
Scheffler, McIlroy Beat DeChambeau, Koepka to Win $10M and ‘The Crypto.com Showdown’ Bleacher Report
Bitcoin prices fell slightly on Wednesday after hitting an all-time high of $108,353 the previous day. Ethereum price is facing a rebound from the $4,000 level, suggesting a short-term correction. Ripple price has fallen slightly after retesting the $2.66 level, suggesting a rebound in cards. Bitcoin (BTC) price fell slightly during Wednesday's Asian session. Ethereum (ETH) and Ripple (XRP) followed in the footsteps of BTC and fell slightly. Technical indicators and price trends for all coins point to a possible short-term correction in the cards. Bitcoin bulls are showing signs of exhaustion Bitcoin price hit a new all-time high of…
Aayush Jindal is a well-known name in the world of financial markets, whose expertise spans over 15 illustrious years in the field of Forex and Cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors around the world, guiding investors through the complexities of modern finance with his keen insight and keen chart analysis. I will guide you. From an early age, Aayush showed a natural talent for deciphering complex systems and unraveling patterns. Driven by his insatiable curiosity to understand market dynamics, he embarked on a journey…
The highly anticipated PENGU token fell over 50% shortly after it was airdropped to NFT holders. The token has fallen nearly 60% in the past 24 hours. This decline was reflected by a sharp drop in the Pudgy Penguins NFT floor price, which fell from 33 ETH to 16 ETH. One trader is said to have made US$13.7 million (A$21.6 million) by flipping 5.3 million PENGU tokens in less than 20 minutes. Oh, boy. This is certainly not pretty. The PENGU token, the highly anticipated token from the Pudgy Penguin collection, has been through a roller coaster this week, crashing…
Bitcoin, Ethereum combo fund to lead ‘wave’ of crypto ETFs in 2025: Analysts Cointelegraph
Check out the latest information in Spanish. Ethereum price failed to settle above the $4,000 zone. ETH is correcting its gains and may struggle to break above the $3,820 support zone. Ethereum started a downward correction from the $4,100 zone. The price is trading below the 100-hour simple moving average at $3,980. On the hourly chart of ETH/USD (data feed via Kraken), the pair has broken below the key bullish trend line with support at $3,940. If the price fails to break above the $2,820 support zone, the decline may continue. Ethereum price falls again Ethereum price struggled to sustain…
Ethereum briefly crossed the USD 4,000 mark (again), but traders sold off and the coin was once again left hanging just below the resistance level. Nevertheless, inflows to spot ETFs have surged over the past two weeks, with net inflows to Ether funds exceeding USD 2 billion. Juan Leon, senior investment strategist at Bitwise, predicts that this is a harbinger of an Ethereum breakout in 2025. He believes that the Ethereum network has the best chance of gaining significant market share in the rapidly growing tokenization industry. That is a long time ago. Well, he's actually 12 months old. Ethereum…