Wednesday, December 18, 2024

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Wednesday, December 18, 2024

Fed delivers expected 25bps cut as investors speculate a Santa rally
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The FOMC today, as expected, lowered interest rates by 25 basis points. Committee members cited a commi...

Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook
Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve's hawkish 2025 outlook on inflation....

Synthetix launches multi-collateral perps on Base amid revamp
The DeFi protocol also launched an in-house perpetuals trading app....

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain
Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year....

Alleged SEC hacker allowed to travel for the holidays
A federal judge has given Eric Council Jr., who pleaded not guilty to compromising the SEC’s X account, permission to travel to North Carolina between Dec. 23 and 29....

XRP Price Ready To Run To $11 ATH? Alternative Larger Metrics Show The Answer
A crypto analyst has shared an XRP price chart, analyzing its action on the 4-hour timeframe while pinpointing key metrics of strength that suggest a possible rally. The analyst has predicted that XRP...

Solana meme coin Fartcoin hits $1 billion market cap
Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence. The post Solana meme coin Fartcoin hits $1 billion market cap appeared fir...

El Salvador secures IMF deal as Bitcoin acceptance turns voluntary
El Salvador secures IMF deal, adjusting Bitcoin policy to voluntary acceptance, focusing on fiscal reform and economic resilience. The post El Salvador secures IMF deal as Bitcoin acceptance turns vol...

Bitcoin ETFs surpass gold ETFs in AUM
Bitcoin ETFs surpass gold with $129 billion in assets. BlackRock's Bitcoin Trust leads, managing $60 billion in Bitcoin ETFs. The post Bitcoin ETFs surpass gold ETFs in AUM appeared first on Crypto Br...

SEC To Approve XRP And Solana Joint ETF? Analyst Says Yes
Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025. Cryp...

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