The Federal Reserve is signaling the first interest rate cuts in years and this development is roiling global markets. The crypto market is certainly feeling the pinch as well. Amahle Nkosi, writing from Johannesburg, explores how these potential rate cuts could impact Bitcoin and altcoins, offering a balanced perspective for...
Ethereum (ETH) is currently trading around $2,500. That’s an incredible show of resilience even in the face of hawkish jawboning from Federal Reserve Chair Jerome Powell. The cryptocurrency is up 3%, propelled by optimism over a peaceful resolution between Israel and Iran. This optimism has cushioned ETH from fears expressed...
The U.S. Federal Reserve’s recent decision to pause interest rate increases is an encouraging sign. This decision has sent shockwaves throughout all financial markets, including the crypto market. The crypto market initially responded with relative silence, with minimal movement in price. This decision may have significant long-term repercussions on the...
Visit Sarah—an example of how the economy works for a low-income individual. Sarah is a single mother who works two jobs at minimum wage. Gas prices are through the roof, groceries are crazy, and it’s like running a marathon in toothpicks every month. She’s not thinking about Bitcoin or the...
Bitcoin (BTC) was the best performer among the large alternative cryptocurrencies at early Monday so BTC re-approached $87,200 as the dollar index crashed to a three-year low. Speculation that former President Trump will replace Federal Reserve Chairman Jerome Powell is fueling the increase. As a consequence, the speculators are shorting...
