Category: News
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BTC price slips from $60K as Bitcoin traders brace for FOMC 'fireworks'
Bitcoin price volatility begins with hours to go until one of the most eagerly anticipated Fed rate decisions in recent years. Bitcoin (BTC) dipped at the Sept. 18 Wall Street open as crypto markets anticipated the US Federal Reserve interest rate decision.BTC/USD 1-hour chart. Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed a 1%…
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Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says
The Fed is likely to cut rates later Wednesday, starting the so-called liquidity easing cycle.
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CleanSpark doubles down on Bitcoin mining with new Mississippi acquisitions
CleanSpark has intensified its Bitcoin mining efforts by acquiring two new sites near Clinton, Mississippi. On Sept. 17, the Bitcoin miner revealed that the new sites were purchased for $5.775 million and can support 16.5 megawatts. According to the firm, the locations will house S21 Pro miners, providing a combined operating hash rate of roughly…
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Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first
Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez. Venezuelan opposition leader María Corina Machado‘s proposal to include Bitcoin (BTC) in the country’s national reserves appeals to both Venezuelans and Bitcoin supporters alike. However, there’s a lingering distrust in the country’s political system and uncertainty over…
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The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline
Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, co-founder of Swarm Markets.
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Cash is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of those surveyed said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC, the bank’s survey showed.
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ICP-Based Bitcoin Token ‘ckBTC’ Will Bridge to Cosmos Through Osmosis
Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos.
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Bitcoin’s Rise Over $61K Could Signal Local Top, Binance Volume Indicates
Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.
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US losing edge in crypto due to SEC’s ‘scorched earth’ tactics, Robinhood exec says
Robinhood’s Chief Legal Officer Daniel Gallagher criticized the US Securities and Exchange Commission’s (SEC) approach to crypto regulation in written testimony submitted for a Sept. 18 hearing before the House Financial Services Subcommittee on Digital Assets. Gallagher detailed Robinhood’s efforts to comply with SEC regulations, citing over a dozen meetings and calls over 18 months.…
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CoinDesk 20 Performance Update: UNI Drops 4.7%, Leading Index Lower
All but two assets were trading lower as the index dropped 1.6%