The decision was largely expected, though it could dampen hopes among crypto and stock investors for an upcoming rate cut.
While crypto investors shoulder substantial losses over the past day amid the market retracement, renowned Bitcoin bull Michael Saylor took to X to reassure enthusiasts that Bitcoin remains the essential asset they cannot afford to overlook. In his words, “Bitcoin is for the money you can’t afford to lose.” Saylor’s commentary comes amid Bitcoin’s price The post “Bitcoin is Money You Can’t Afford to Lose,” Saylor Reassures Amid $56K Retest appeared first on Coin Edition .
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
Bitcoin price drops as Fed interest decision looms. Fed maintains rates; inflation data exceeds expectations. Continue Reading: How Does the Fed Interest Decision Affect Crypto?
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization.
Jack Dorsey's Block is reportedly under investigation for compliance issues, including with its Bitcoin business.
Bitcoin has started the month of May with another downward move, so far touching the $56,480 level after an already red April. The breakdown coincides with several whales – known and unknown – sending massive amounts of coins to crypto exchanges, presumably to sell on the open market. Initially spotted by blockchain tracking firm Lookonchain, The post Billionaire Whale Deposits Over $147,980,000 in Crypto to Kraken As Bitcoin (BTC) Kicks Off May With More Red appeared first on The Daily Hodl .
TokenUnlocks data revealed some 19 crypto projects are scheduled to release at least $10 million worth of coins into circulation this month.
TokenUnlocks data revealed some 19 crypto projects are scheduled to release at least $10 million worth of coins into circulation this month.
A Shiba Inu whale recently dumped colossal amounts of SHIB tokens to Coinbase, one of the world’s leading CEXs. The massive amount of SHIB offloaded promptly ignited a bearish sentiment among crypto market enthusiasts globally, as SHIB price noted a pullback today, May 1. Crypto market participants continue to speculate over the dog-themed meme token’s The post Shiba Inu Coin: Analyst Predicts SHIB Price Could Hit $0.00007 Despite Dump appeared first on CoinGape .