Author: cointechies

U.Today – Cryptocurrency markets are buzzing with anticipation ahead of the Federal Reserve's decision and Chairman Jerome Powell's comments later this week. The last meeting of the US Federal Reserve of the year is scheduled for this week. Tuesday and Wednesday's Federal Open Market Committee will be of particular interest to investors who are eagerly anticipating this year's final interest rate decision. Other economic data will be released throughout the week, including November retail sales and weekly new jobless claims on Tuesday, and third-quarter gross domestic product growth on Thursday. As of Monday, the market had priced in a 97%…

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Miami, Florida, December 16, 2024, Chainwire Floki will make his mark on the 2024 World Tennis League (WTL), one of the world's most exciting mixed-gender exhibition tennis tournaments. This year's event, to be held at Abu Dhabi's Etihad Arena from December 19th to December 22nd, is set to combine world-class tennis with live music and attract millions of fans around the world. The 2024 WTL includes Alina Sabalenka, Iga Swiatek, Jasmine Paolini, Casper Ruud, Nick Kyrgios, Simona Halep, Stefanos Tsitsipas, Paula Badosa, Andrei Rublev, Elena Rybakina, and Caroline. Garcia, Mira Andreeva, Jordan Thompson, Sumit Nagal, Alexander Shevchenko and Denis Shapovalov.…

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Ethena Labs has announced the launch of a new stablecoin USDtb backed by BlackRock’s BUIDL token. Ethena’s risk committee proposed adding USDtb as a backing asset for the USDe stablecoin. ENA has risen more than 120% in the past 30 days and could hit new all-time highs. Ethena Labs on Monday announced the launch of the USDtb stablecoin, backed by BlackRock's BUIDL fund in partnership with Securitize. ENA witnessed a rapid rally following the announcement as the token heads towards new all-time highs following a rise of over 120% last month. ENA temporarily rebounds as USDtb goes live on various…

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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…

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Important points Pudgy Penguins launches PENGU token, Binance announces spot trading and airdrop. The total supply of Pengu tokens is set at 88.88 billion, which will be heavily allocated to the community, NFT collections, and the Pudgy Penguins team. Share this article Pudgy Penguins, the second largest NFT collection by market capitalization, has announced the launch of its PENGU token tomorrow. tomorrow. $pengu. pic.twitter.com/80LHuf9vZj — Pudgy Penguins (@pudgypenguins) December 16, 2024The official Pudgy Penguins X account posted a video showcasing a Pudgy Penguin holding a token engraved with a penguin symbol representing the new PENGU token.Following this announcement, Binance shared…

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Important points FTX will begin making distributions to creditors on January 3, 2025, subject to court approval. 98% of creditors under FTX's plan will receive at least 118% of their claims. Share this article According to a press release on Monday, FTX plans to begin making distributions to creditors on January 3, 2025, following court approval of its Chapter 11 reorganization plan.The company plans to begin making the first payments within 60 days of the effective date, subject to KYC and other distribution requirements. This initial distribution will be limited to a specific group of creditors (a “convenience class”) defined…

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U.Today – Hit new highs after falling slightly as markets expected the Federal Reserve to lower interest rates later this week. Bitcoin price recently rose 1.41% to $103,926, after reaching a record high of $106,554 in the early trading session on Monday, according to CoinMarketCap. Investors expect the Fed to cut interest rates this week at its two-day policy meeting, which ends on Wednesday. MicroStrategy shares rose on Monday, ending more than 5% higher in premarket trading, according to CNBC data. In 2024, MicroStrategy stock rose 547% as Bitcoin prices reached all-time highs, significantly outpacing the S&P 500's 26.9% rise.…

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