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According to a trader, Bitcoin’s current price indicates anticipation of two Federal Reserve rate cuts in 2024

According to a trader, Bitcoin's current price indicates anticipation of two Federal Reserve rate cuts in 2024

Bitcoin (BTC) is poised to build on Wednesday’s increase, hovering near $70,800, while ether (ETH) is trading above $3,500, as the market continues to digest higher-than-expected U.S. CPI data and slowing outflows from the Grayscale Bitcoin Trust (GBTC). “Despite a hawkish CPI report and robust inflation figures, Bitcoin demonstrated resilience, experiencing only a slight retracement … Read more

Memecoin Joe Boden, Based on Solana, Rises Above $1 as Traders Conjecture About Possible Trump Mention

Memecoin Joe Boden, Based on Solana, Rises Above $1 as Traders Conjecture About Possible Trump Mention

President Joe Biden’s memecoin, Jeo Boden, domiciled in Solana, achieved a new high on Monday, breaking through the $1 threshold for the first time before plunging and settling at roughly $0.817. Over the last week, the cryptocurrency increased by over 170%, and over the last month, it increased by over 400%. On the future of … Read more

AMID CHARGES OF SELF-VOTING, THE SUSHISWAP TREASURY VOTE STARTS A CONTROVERSY

AMID CHARGES OF SELF-VOTING, THE SUSHISWAP TREASURY VOTE STARTS A CONTROVERSY

The debate surrounding the decentralized finance (DeFi) platform, which comprises most of the SushiSwap community, is around the potential capabilities of its treasury. But things have gotten out of hand, with the voting process—which began on April 3 and will end on Friday—becoming the center of an intense debate.  Dynamics of SushiSwap voting and accusations … Read more

Coinbase submits petition to SEC explaining that staking is not securi

Coinbase submits petition to SEC explaining that staking is not securi

Coinbase, a cryptocurrency exchange with headquarters in the United States, made the proactive decision to speak out about crypto staking after it recently caught regulators’ notice. The corporation reasons why staking cannot be categorically categorised as securities in its appeal to the Securities and Exchange Commission (SEC). Coinbase released the “Petition for Rulemaking” on March … Read more

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