Lummis unveils the BITCOIN Act to establish strategic BTC reserve for the US
Following her announcement of a historic proposal to supercharge the US dollar and pay down the national debt by establishing...
Month: August 2024
Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC
Federal Reserve Chair Jerome Powell suggested on Wednesday that the central bank might reduce interest rates at its upcoming September...
Tether’s $5.2 billion H1 profit sets new high as US treasury holdings surpass Germany
Tether Holdings announced a record-breaking net profit of $5.2 billion for the first half of 2024. according to its recently...
Fidelity launches competitive Bitcoin ETP on London Stock Exchange
Fidelity International has launched the Fidelity Physical Bitcoin ETP on the London Stock Exchange for professional investors, according to a...
Ethereum sees first monthly consecutive losses since August 2023 amid new ETFs
Quick Take Bitcoin As July comes to a close, Bitcoin has finished approximately 6% higher, hovering around $66,000, nearly offsetting...
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research...
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency...
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest...
Tether Posts $5.2 Billion Profit in First Half of 2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its...
