Crypto News
Crypto Liquidations Top $200 Million as Ethereum, Bitcoin Fall
Both Bitcoin and Ethereum are down 12% over the past 30 days, although there are some hopeful signs, according to experts and analysts.Source link
IMF Advises US to Keep Interest Rates Steady Through Late 2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks, we agreed that the Fed should keep policy rates at the current level untilSource link
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s case is unsupported by the facts or the law, and that the Commission lacks the very authority it is seeking toSource link
Miner ‘Capitulation’ Signals Bitcoin’s Price May Have Bottomed: CryptoQuant
Bitcoin’s hash rate is declining, much like it was in December 2022—after which it surged 4X in 15 months.Source link
Bitwise Updates Ethereum ETF Filing as US Listings Near
With minimal revisions asked of applicants, a prominent analyst said Ethereum spot ETFs could be trading by now.Source link