Coindesk
Crypto News Source: coindesk.com
First Mover Americas: Bitcoin Drops Below $60K Ahead of Expected Fed Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source link
Australia to Prioritise Wholesale CBDC Over Retail
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.Source link
Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise
The Ethereum blockchain has the most active developers, the most active users and a market cap that is five times larger than its nearest competitor, the report said.Source link
Fed Rate Cut Could Crash Crypto Markets, But Era of Central Banks is Over: Arthur Hayes
A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained.Source link
Bitcoin Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut
Traders betting on Fed fund contracts are pricing in a 65% implied probability of rates cut to a 4.5-5% range. PLUS: Circle announces partnership with PolymarketSource link