🔵 #Bitcoin (BTC) briefly surpassed $43,000 but later dropped again.
🔵 The US #Federal Reserve's decision to maintain interest rates provided some stability to cryptocurrency prices. #FED
🔵 Other major cryptocurrencies like #Ethereum (ETH), #Dogecoin (DOGE), #Solana (SOL), #Ripple (XRP), and #Litecoin (LTC) experienced minor losses.
🔵 The SATS (1000SATS) token had the highest gain, jumping over 5 percent in 24 hours.
🔵 Jupiter (JUP) was the biggest loser, with a 24-hour dip of over 60 percent.
🔵 The overall global #cryptomarket cap was $1.51 trillion, showing a 24-hour decrease of 8.43 percent.
🔵 The US #Federal Reserve's decision to maintain interest rates provided some stability to cryptocurrency prices. #FED
🔵 Other major cryptocurrencies like #Ethereum (ETH), #Dogecoin (DOGE), #Solana (SOL), #Ripple (XRP), and #Litecoin (LTC) experienced minor losses.
🔵 The SATS (1000SATS) token had the highest gain, jumping over 5 percent in 24 hours.
🔵 Jupiter (JUP) was the biggest loser, with a 24-hour dip of over 60 percent.
🔵 The overall global #cryptomarket cap was $1.51 trillion, showing a 24-hour decrease of 8.43 percent.
#Bitcoin maintains stability post-#Fed decision; resilient with only a 2.2% dip, contrasting broader market decline. #CryptoNews
Despite Fed's unchanged interest rates, traditional assets dip; Bitcoin's marginal drop highlights its robust position.
https://coinpedia.org/news/bitcoin-holds-steady-as-fed-signals-no-rate-cut-other-assets-feel-the-heat/
Despite Fed's unchanged interest rates, traditional assets dip; Bitcoin's marginal drop highlights its robust position.
https://coinpedia.org/news/bitcoin-holds-steady-as-fed-signals-no-rate-cut-other-assets-feel-the-heat/
CoinPedia
Fed Rates Hold Steady: Bitcoin Price Unimpacted as Other Assets Bleed
The world held its breath as the Fed announced its decision... would interest rates rise or fall? But Bitcoin has proven its resilience following the
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" Trump Plans to Dismiss FED Chair Powell if Elected in 2024 Presidency "
#FED #Trump #USElections #Cryptonews
Source: @FOXNews
🟦 Former President Donald Trump, speaking to Fox News on Friday, reiterated his decision not to appoint Jerome Powell for another term as the head of the Federal Reserve if he wins re-election in November.
🟦 Trump accused Powell of attempting to lower interest rates with the intention of benefiting President Joe Biden's political standing.
🟦 In an interview with Fox Business Network's "Mornings with Maria" program, Trump explicitly stated that he would not retain Powell when his term expires in 2026.
🟦 This statement by Trump underscores his firm stance against Powell and suggests ongoing disagreements over monetary policy decisions and their potential political implications.
#FED #Trump #USElections #Cryptonews
Source: @FOXNews
🟦 Former President Donald Trump, speaking to Fox News on Friday, reiterated his decision not to appoint Jerome Powell for another term as the head of the Federal Reserve if he wins re-election in November.
🟦 Trump accused Powell of attempting to lower interest rates with the intention of benefiting President Joe Biden's political standing.
🟦 In an interview with Fox Business Network's "Mornings with Maria" program, Trump explicitly stated that he would not retain Powell when his term expires in 2026.
🟦 This statement by Trump underscores his firm stance against Powell and suggests ongoing disagreements over monetary policy decisions and their potential political implications.
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Jerome Powell, speaking on 60 Minutes tonight, acknowledged that the US government's finances are in trouble.
He said the debt is increasing faster than the economy, which is not sustainable. Powell also pointed out that we're borrowing from future generations. The projected national debt in 30 years is a staggering $144 trillion.
#CryptoNews #Crypto #blockchain #FED #Powell #Finance #Economy
He said the debt is increasing faster than the economy, which is not sustainable. Powell also pointed out that we're borrowing from future generations. The projected national debt in 30 years is a staggering $144 trillion.
#CryptoNews #Crypto #blockchain #FED #Powell #Finance #Economy
🔵 Key Events This Week
#Cryptonews #Cryptocurrency
1️⃣Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)
2️⃣January #CPI #Inflation data - 13 February (Tuesday)
3️⃣ US Retail Sales data - 15 February (Thursday)
4️⃣ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)
5️⃣ January #PPI Inflation data -16 February ( Friday)
6️⃣ Total of 8 #Fed speaker events this week
#Cryptonews #Cryptocurrency
1️⃣Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)
2️⃣January #CPI #Inflation data - 13 February (Tuesday)
3️⃣ US Retail Sales data - 15 February (Thursday)
4️⃣ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)
5️⃣ January #PPI Inflation data -16 February ( Friday)
6️⃣ Total of 8 #Fed speaker events this week
Top #CryptoNews In Last 12 Hours
1️⃣#Fed's Christopher Waller says #cryptocurrencies are growing quickly and might challenge dollar dominance, but it's unlikely due to the popularity of U.S. dollar #stablecoins.
2️⃣Joe Burnett, a manager at a #Bitcoin financial company, suggests #Binance MicroStrategy should join S&P 500, needing $3.7B more market cap; could boost Bitcoin exposure in portfolios.
3️⃣Galaxy Digital's research indicates #Bitcoinhalving in April could cause 20% #mining power shutdown due to the reduced block rewards, impacting profits.
4️⃣#Uniswap Foundation plans to launch Uniswap v4 in Q3 2024 after #Ethereum's #Dencun upgrade in March 2024.
5️⃣Mad Lads' Backpack Exchange hit $300M trading in 24 hours, propelled by exchange popularity and #Solana #blockchain potential.
6️⃣#VeChain's price surged 35% in 24 hours,leading among top #cryptocurrencies, Positive sentiment, AA implementation, MWC 2024 event fuel momentum. Analysts predict further growth.
1️⃣#Fed's Christopher Waller says #cryptocurrencies are growing quickly and might challenge dollar dominance, but it's unlikely due to the popularity of U.S. dollar #stablecoins.
2️⃣Joe Burnett, a manager at a #Bitcoin financial company, suggests #Binance MicroStrategy should join S&P 500, needing $3.7B more market cap; could boost Bitcoin exposure in portfolios.
3️⃣Galaxy Digital's research indicates #Bitcoinhalving in April could cause 20% #mining power shutdown due to the reduced block rewards, impacting profits.
4️⃣#Uniswap Foundation plans to launch Uniswap v4 in Q3 2024 after #Ethereum's #Dencun upgrade in March 2024.
5️⃣Mad Lads' Backpack Exchange hit $300M trading in 24 hours, propelled by exchange popularity and #Solana #blockchain potential.
6️⃣#VeChain's price surged 35% in 24 hours,leading among top #cryptocurrencies, Positive sentiment, AA implementation, MWC 2024 event fuel momentum. Analysts predict further growth.
🚨 Be Alert🚨
#CryptoNews #crypto #FED #FOMC
Today, the Federal Reserve's FOMC meeting minutes are due to be released at 7:00 PM UTC. There's been a lot of volatility in the #cryptomarkets lately.
#Ethereum, a popular #cryptocurrency, has surpassed the $3,000 mark, marking a significant milestone not seen since May 2022.
Unexpectedly high inflation data for January could potentially delay plans for the Fed to ease monetary policies. Some analysts anticipate the possibility of interest rate cuts by July in response to these developments.
#CryptoNews #crypto #FED #FOMC
Today, the Federal Reserve's FOMC meeting minutes are due to be released at 7:00 PM UTC. There's been a lot of volatility in the #cryptomarkets lately.
#Ethereum, a popular #cryptocurrency, has surpassed the $3,000 mark, marking a significant milestone not seen since May 2022.
Unexpectedly high inflation data for January could potentially delay plans for the Fed to ease monetary policies. Some analysts anticipate the possibility of interest rate cuts by July in response to these developments.
#Bitcoin surges towards $69,000, nears previous all-time high amid anticipation of key economic events. #Crypto #FED
Traders await #Federal Reserve communications and economic data releases, predicting potential impact on Bitcoin's trajectory.
https://coinpedia.org/news/key-reasons-why-bitcoin-price-will-surge-beyond-70k-this-week/
Traders await #Federal Reserve communications and economic data releases, predicting potential impact on Bitcoin's trajectory.
https://coinpedia.org/news/key-reasons-why-bitcoin-price-will-surge-beyond-70k-this-week/
CoinPedia
Will Bitcoin Price Breach $70,000? Key Week Ahead for the Crypto Market!
If there ever was a noteworthy display of resilience and upward momentum, it's this! Bitcoin is swiftly nearing levels not witnessed in the past two
• #Bitcoin achieves a record high surpassing $71,209 on #Coinbase.
🔵 Factors driving the surge include
• Increased investment in new spot Bitcoin exchange-traded funds (#ETFs) and anticipation of interest rate reductions by the US Federal Reserve.
#FED #BitcoinETF #ATH #CryptoNews
🔵 Factors driving the surge include
• Increased investment in new spot Bitcoin exchange-traded funds (#ETFs) and anticipation of interest rate reductions by the US Federal Reserve.
#FED #BitcoinETF #ATH #CryptoNews
#Bitcoin's price plunges to $66,690 with market cap at $1.30 trillion amid increased trading volume. #Cryptomarket
US #Fed Rate Cut uncertainty triggers market volatility; $821M #crypto holdings liquidated, offering buying opportunity.
https://coinpedia.org/news/here-are-the-4-key-reasons-why-bitcoin-eth-bnb-xrp-doge-price-crash/
US #Fed Rate Cut uncertainty triggers market volatility; $821M #crypto holdings liquidated, offering buying opportunity.
https://coinpedia.org/news/here-are-the-4-key-reasons-why-bitcoin-eth-bnb-xrp-doge-price-crash/
CoinPedia
Crypto Market Crash Today: Is This a Buying Opportunity?
Bitcoin, the leading digital currency, experienced a sudden drop, falling to $66,690 within a single day. This decline dragged its market value down to
Top #CryptoNews in The Last Week
1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024
2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow
3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security
4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain
5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria
6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th
7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted
8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)
9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024
2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow
3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security
4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain
5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria
6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th
7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted
8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)
9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
Key Dates for #Crypto in June 2024
#CryptoMarket #CryptoNews
🔵US Consumer Price Index (#CPI) : Jun. 12, 2024 at 08:30 AM E.T
🔵US Producer Price Index (#PPI) : June 13, 2024, at 8:30 A.M. ET
🔵United States #Fed Interest Rate Decision : June 12 at 18:00 GMT.
🔵 Official Launch of #Ethereum: June 30, (2015- 9 Years back)
#CryptoMarket #CryptoNews
🔵US Consumer Price Index (#CPI) : Jun. 12, 2024 at 08:30 AM E.T
🔵US Producer Price Index (#PPI) : June 13, 2024, at 8:30 A.M. ET
🔵United States #Fed Interest Rate Decision : June 12 at 18:00 GMT.
🔵 Official Launch of #Ethereum: June 30, (2015- 9 Years back)
Why Did the #Fed Hold #InterestRates Steady?
What Does It Mean for #Bitcoin’s Future?
#Cryptomarket #Crypto #CryptoNews $BTC
Don't Miss This Interesting Article 👇
https://coinpedian.substack.com/p/whats-next-for-bitcoin-price-as-fed
What Does It Mean for #Bitcoin’s Future?
#Cryptomarket #Crypto #CryptoNews $BTC
Don't Miss This Interesting Article 👇
https://coinpedian.substack.com/p/whats-next-for-bitcoin-price-as-fed
Substack
What's Next for Bitcoin Price as Fed Keeps Interest Rates Unchanged?
Can Bitcoin Soar Amid Fed's Hawkish Tone?
🚨Key Events This Week🚨
🔵(18-06-2024) Tuesday: Release of May Retail Sales Data
🔵(19-06-2024) Wednesday: Stock Market Closed for Juneteenth(National Holiday)
🔵Speculation: Market events in El Salvador and China hint at a possible #Bitcoin rally
🔵(20-06-2024) Thursday: June Philly Fed Manufacturing Index to be announced
🔵(21-06-2024) Friday: S&P US Manufacturing/Services PMI data and May Existing Home Sales Data to be released
🔵#FED Activity: 10 scheduled FED speaker events throughout the week
Prepare for a busy week! 🚀🚀
#Crypto #CryptoNews #Cryptomarket $BTC
🔵(18-06-2024) Tuesday: Release of May Retail Sales Data
🔵(19-06-2024) Wednesday: Stock Market Closed for Juneteenth(National Holiday)
🔵Speculation: Market events in El Salvador and China hint at a possible #Bitcoin rally
🔵(20-06-2024) Thursday: June Philly Fed Manufacturing Index to be announced
🔵(21-06-2024) Friday: S&P US Manufacturing/Services PMI data and May Existing Home Sales Data to be released
🔵#FED Activity: 10 scheduled FED speaker events throughout the week
Prepare for a busy week! 🚀🚀
#Crypto #CryptoNews #Cryptomarket $BTC
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Check out US Treasury Secretary Janet Yellen with a 'Buy #Bitcoin' sign in the background, claiming the Federal Reserve is as transparent as a jellyfish in a fishbowl! 🤣 😂
hey, do you think the Fed really transparent? Comment👇👇👇
#CryptoNews #Cryptomarket #Crypto #FED $BTC
hey, do you think the Fed really transparent? Comment👇👇👇
#CryptoNews #Cryptomarket #Crypto #FED $BTC
Top #CryptoNews of Past 12 Hours
1️⃣ Matthew Sigel stated that launching a spot #SolanaETF depended on the 2024 presidential election outcome.
2️⃣ In June, #Fed officials saw improving inflation, held off rate cuts, noted cooling economic growth.
3️⃣ The U.S. #CFTC confirmed Bitcoin, Ethereum, OHM, ad Klima as commodities, regulating their futures trading.
4️⃣ #Uniswap team moved 2.359M UNI ($20.2M) to Coinbase Prime, holding 6.64M UNI ($56.77M) now.
5️⃣ On July 3, #Bitcoin spot ETFs had $20.4495M outflow; GBTC outflow was $26.9947M.
6️⃣The Russian government is exploring legalizing #stablecoins for international transactions to streamline cross-border payments.
1️⃣ Matthew Sigel stated that launching a spot #SolanaETF depended on the 2024 presidential election outcome.
2️⃣ In June, #Fed officials saw improving inflation, held off rate cuts, noted cooling economic growth.
3️⃣ The U.S. #CFTC confirmed Bitcoin, Ethereum, OHM, ad Klima as commodities, regulating their futures trading.
4️⃣ #Uniswap team moved 2.359M UNI ($20.2M) to Coinbase Prime, holding 6.64M UNI ($56.77M) now.
5️⃣ On July 3, #Bitcoin spot ETFs had $20.4495M outflow; GBTC outflow was $26.9947M.
6️⃣The Russian government is exploring legalizing #stablecoins for international transactions to streamline cross-border payments.
Top Reasons for $BTC Price Dump?
🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.
🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.
🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.
🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.
🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level
🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.
🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.
🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.
🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.
🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.
🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.
🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level
🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.
🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.
Top #CryptoNews This Week
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
Will September Rate Cuts by #FED Ignite a #Bitcoin & #Altcoins Bull Run?
Want to Know How Altcoins Responding to Bitcoin's Market Movements?
Must Read This 👇👇#Cryptomarket
https://coinpedian.substack.com/p/top-three-altcoins-to-buy-this-week
Want to Know How Altcoins Responding to Bitcoin's Market Movements?
Must Read This 👇👇#Cryptomarket
https://coinpedian.substack.com/p/top-three-altcoins-to-buy-this-week
Substack
Top Three Altcoins To Buy This Week
Will Bitcoin's Resurgence Influence the Altcoin Market?
Key Events Sheduled For This Week
#Crypto #Cryptonews
1️⃣ #Fed Chair Powell Testifies -(July 9th) -Tuesday
2️⃣ #Binance Vs SEC Hearing ( July 9th ) - Tuesday
3️⃣ June #CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday
4️⃣ June #PPI Inflation data - Friday
5️⃣Total of 9 Fed speaker events this week
#Crypto #Cryptonews
1️⃣ #Fed Chair Powell Testifies -(July 9th) -Tuesday
2️⃣ #Binance Vs SEC Hearing ( July 9th ) - Tuesday
3️⃣ June #CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday
4️⃣ June #PPI Inflation data - Friday
5️⃣Total of 9 Fed speaker events this week