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Basis News (Page 2)

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience

Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut,... Read more

Posted by bitcoin.com 2 months ago

Bitcoin finds support near active realized price level mirroring early 2021 bull run

Research by _checkonchain analyst, Checkmate, and dpuellARK highlights a refined approach to evaluating Bitcoin’s active realized price, offering a more... Read more

Posted by cryptoslate.com 2 months ago

Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points

The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased... Read more

Posted by bitcoin.com 2 months ago

Bitcoin Strength Continues on U.S, China Easing; Floki Bot Crosses Trading Milestone

BTC broke $64,000 in late U.S. hours Tuesday as traders pushed the chances of a second consecutive 50 basis point... Read more

Posted by coindesk.com 2 months ago

Goldman CFO: FED’s Big Rate Cut Signals U.S. Economy’s Soft Landing

The postGoldman CFO: FED’s Big Rate Cut Signals U.S. Economy’s Soft Landingappeared first onCoinpedia Fintech NewsGoldman Sachs CFO Denis Coleman... Read more

Posted by coinpedia.org 2 months ago

Bitcoin surges past $64k as expectations for monetary easing rise

Bitcoin continued its upward trajectory late Tuesday, surpassing $64,000 as traders anticipate further monetary easing measures from central banks around... Read more

Posted by invezz.com 2 months ago

Caroline Ellison sentenced to 24 months in prison for her role in FTX collapse

Caroline Ellison, the former chief executive of Alameda Research and ex-girlfriend of disgraced crypto entrepreneur Sam Bankman-Fried (SBF), received a... Read more

Posted by cryptoslate.com 2 months ago

Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow

Traders Tuesday pushed expectations of a second consecutive 50 basis point rate Fed rate to 60%.... Read more

Posted by coindesk.com 2 months ago

Bitcoin could continue to consolidte under $65,200 in the near term – Bitfinex

Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation... Read more

Posted by cryptoslate.com 2 months ago

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a... Read more

Posted by bitcoin.com 2 months ago

Ether Outperforms BTC After Fed Rate Cut, Suggests Bullish Sentiment

The postEther Outperforms BTC After Fed Rate Cut, Suggests Bullish Sentimentappeared first onCoinpedia Fintech NewsEthereum has outperformed bitcoin since the... Read more

Posted by coinpedia.org 2 months ago

Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes

BitMEX co-founder Arthur Hayes believes the Federal Reserve slashed interest rates by 50 basis points to boost Kamala Harris’ presidential... Read more

Posted by dailyhodl.com 2 months ago

Bitgert, Solana, and Ethereum: Price Predictions for 2024—Which Will Soar?

Bitcoin has outperformed stocks since post US Fed Rate cut to 50 basis points. But the true hero is not... Read more

Posted by themerkle.com 2 months ago

SUI, TIA, FTM, TAO, SEI prices soar as altcoins react to Fed rate cut

The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the... Read more

Posted by invezz.com 2 months ago

JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis... Read more

Posted by bitcoin.com 2 months ago

Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted... Read more

Posted by bitcoin.com 2 months ago