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Metaplanet Increases Bitcoin Holdings Following Fed Rate Cut, Sparking Optimism for October Rally.
October 1, 2024Metaplanet, known as Asia’s MicroStrategy, has recently made a significant move by purchasing Bitcoin following the rate cut by the U.S. Federal Reserve in September. With this development, Metaplanet’s stock…
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Will Bitcoin Rally be Triggered by US Job Data and Fed Rate Cut? Crypto Market Awaits Results
September 2, 2024The crypto industry is abuzz with anticipation for important events in the upcoming week, with a particular focus on the release of the US job data. This data is highly…
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Investors pull out $1.2 billion from crypto funds as expectations for Fed rate cut decrease
June 24, 2024Crypto products experienced their second consecutive week of outflows, totaling $584 million, contributing to a total outflow of $1.2 billion in the market. According to insights from asset management firm…
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Urgent FED Decision Imminent: Analysts Share Final Thoughts
June 12, 2024The unexpected turn in the US Consumer Price Index (CPI) has sent ripples through the crypto market, drawing the attention of analysts and investors alike. In May, the unadjusted CPI…
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Fed Chair Powell’s Live Speech: Potential Rate Cut on the Horizon? A Roundup of the Major Headlines
April 3, 2024Federal Reserve Chairman Jerome Powell recently delivered an update on the economic outlook during a speech at the Stanford Graduate School of Business, highlighting the importance of a cautious and…
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Analyst Suggests Fed Rate Cuts are Crucial for Understanding Bitcoin’s Market Trends
March 29, 2024On March 28, renowned crypto analyst and Into The Cryptoverse CEO Benjamin Cowen raised a compelling question about the current Bitcoin market cycle: Is it following a traditional pattern or…
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Market Predicts Fed Rate Cut Unlikely as US Inflation Rises
March 12, 2024Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept…