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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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Anticipated Outcomes Following the Federal Reserve’s Interest Rate Cut
September 24, 2024The Federal Reserve’s recent decision to adjust interest rates has sparked a significant shift in the financial landscape, impacting various asset classes including stocks, cryptocurrencies, and commodities. This move has…
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Bitcoin’s (BTC) Price Reaction to Potential Interest Rate Cut on Wednesday: Predictions Revealed
September 16, 2024Bitcoin saw a decrease in price at the beginning of the week as the market gears up for the Federal Reserve’s anticipated rate cut. As of the latest update, BTC…
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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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Implications for Rate Cuts and Crypto Markets as Unemployment Hits 4%
June 8, 2024The U.S. unemployment rate has reached 4%, a key threshold that Federal Reserve Chair Jerome Powell had previously suggested could prompt rate cuts. Economic analyst Danielle DiMartino Booth has raised…
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Focus on Crypto Market Amidst Fed’s Rate Cut Dilemma: GDP & PCE Inflation
April 21, 2024The crypto market has experienced significant volatility in recent trading sessions, with major cryptocurrencies such as Bitcoin, Ethereum, Solana, and others seeing fluctuating performances. Despite this turbulence, investors celebrated the…
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Chief Economist at Goldman Sachs Predicts Rate Cuts Unlikely This Year
April 6, 2024Goldman Sachs Chief Economist Jan Hatzius has expressed confidence in the Federal Reserve’s plan to implement three interest rate cuts this year, despite recent comments from other Fed officials advocating…
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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…