Scaramucci Predicts a Rate Cut-driven, US Clarity-fueled Bitcoin Surge

Scaramucci Predicts a Rate Cut-driven, US Clarity-fueled Bitcoin Surge

Hedge fund manager Anthony Scaramucci is forecasting a new all-time high for Bitcoin, as the market benefits from a combination of interest-rate cuts and increased clarity around US regulation on cryptocurrency once the presidential election is in the rearview mirror. “We are expecting pro-cryptocurrency, Bitcoin, stablecoin legislation early in the next congressional term in the […]

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 Dalio Downplays Fed’s Next Move as Investors View China’s Economic Risks

Dalio Downplays Fed’s Next Move as Investors View China’s Economic Risks

(Bloomberg) — The size of the Federal Reserve’s expected interest-rate cut this week isn’t likely to make much difference to global investors still nervous about the risks from China’s economic slowdown, participants said at a recent regional forum. Ray Dalio, founder of Bridgewater Associates, said the Fed’s move “doesn’t make a difference” over the longer […]

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 Spot Bitcoin ETFs See Record Surge of $186.7 Million Net Inflows; Ether ETFs Suffer Continued Outflows

Spot Bitcoin ETFs See Record Surge of $186.7 Million Net Inflows; Ether ETFs Suffer Continued Outflows

Spot Bitcoin exchange-traded funds in the United States recorded a 13-fold increase in net inflows on September 17, while spot Ether ETFs continued to suffer outflows for the second consecutive day. Data from SoSoValue showed the 12 spot Bitcoin ETFs net inflows of $186.76 million, a staggering 1360% increase from the prior day’s $12.9 mln. […]

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 CKB’s Momentum Despite Recent Gains Fades

CKB’s Momentum Despite Recent Gains Fades

CKB, the native token of Nervos Network, has emerged as one of the biggest gainers in the top 100 cryptocurrencies, with a rally of 140% in the last one month. The token added 19% in the last 24 hours and changed hands at $0.018-the highest level since June. The market capitalization of CKB stood at […]

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 SquidGrow Crypto Drops 18% as Major Coins look to make Gains

SquidGrow Crypto Drops 18% as Major Coins look to make Gains

At writing, SquidGrow has lost 18% off its September 15 high and trades just above the $0.028 mark. Migrated from Binance Smart Chain to a new Ethereum network contract just recently, the meme coin shed to lows of $0.025-an all-time low, which represents an 18% drop from its all-time high of $0.034. That notwithstanding, it […]

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Crypto Market Analysis: Would Altcoins Rally As Bitcoin Struggles?

The last few weeks have seen high volatility levels within the cryptocurrency market. Bitcoins and Ether, which are two of the most dominating cryptocurrencies based on market value, lost 1.7% and 11.8% in value, respectively. In such an environment, altcoins have been on an upward trajectory and increasing in dominance. Cryptocurrency analyst Michael van de […]

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