The Fed’s interest rate decision, a crucial one for Bitcoin and altcoins, will be announced today. While it’s generally accepted that the Fed will cut interest rates, there’s speculation about whether it will implement a surprise 50 basis point cut. While the Fed’s interest rate decision is eagerly awaited, analysis firm QCP Capital said that
A peculiar but revealing market is getting serious traction on Myriad: Will Fed Chair Jerome Powell wear a purple tie during the September FOMC press conference? As of now, the crowd overwhelmingly believes yes. But it’s not just about fashion—this prediction market taps into deeper symbolism around the Fed’s public identity. According to a recent
Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth
MoneyGram, the ubiquitous send and receive cash network for retail customers, has made U.S. dollar-pegged stablecoins and blockchain settlement rails the digital backbone of its revamped mobile app, the company said on Wednesday. Customers in the Latin American country of Colombia, where MoneyGram has an extensive retail network of over 6,000 locations, will be the
Bitcoin traded at $116,236 as of 14:04 UTC on Sept. 17, up about 1% in the past 24 hours, holding above a key level as markets await the Federal Reserve’s policy announcement. Analysts’ comments Dean Crypto Trades noted on X that bitcoin is only about 7% above its post-election local peak, while the S&P 500
BTC is facing a decision, as the price hovers almost perfectly between two liquidation zones. Positions have accrued at the $115,000 and $118,000 levels, with traders left to decide which positions to attack. BTC may go through added volatility in the next few hours based on accrued short and long positions. BTC traded at $116,353,
U.S. stocks were largely flat at the open on Wednesday as Wall Street awaited the Federal Reserve’s decision on interest rates and as Nvidia stock slipped following reports that China had banned local companies from buying the chipmaker’s semiconductors. Summary Dow Jones Industrial Average, S&P 500 and Nasdaq were largely flat on Wednesday morning. Wall
X account @SaniExp, which belongs to the founder of the Timechain Index explorer, has published data showing that a dormant BTC wallet was activated after staying in hibernation for 6 years. However, it was set up 13 years ago, according to the tweet, – the time when Satoshi Nakamoto’s shadow was still around, so to
Layer-1 network Mavryk said it raised $10 million in a strategic investment led by financial derivatives provider MultiBank Group to expand its real-world asset (RWA) tokenization plans. Mavryk Network and MultiBank have an existing partnership to tokenize over $10 billion worth of real estate in the United Arab Emirates through the latter’s RWA platform. The
In a significant development for corporate Bitcoin adoption, BTC Inc. and Strategy Inc. (Nasdaq: STRF/STRC/STRK/STRD/MSTR) have announced a five-year renewal of their strategic partnership for the Bitcoin for Corporations (BFC) initiative. The partnership aims to accelerate global corporate Bitcoin adoption through 2030, with BFC currently representing 38 member companies that collectively hold 69% of all