Author: NBTC
The two-day meeting where the FED will hold behind closed doors and make the interest rate decision has now started. The decision will be shared with the world tomorrow at 21:00 Turkey time (UTC +3) and half an hour later, FED President Jerome Powell will give a speech. There is a strong expectation that Wednesday’s interest rate decision will be in the direction of “keeping interest rates constant”. So what are the latest situation and expectations? For nearly a year, FED policymakers have consistently stated during their meetings that there will be no immediate changes to the benchmark interest rate.…
Zignaly, a social investment company that permits investors to track expert traders, has started an exclusive partnership. As per the platform, it is joining forces with LinqAI. LinqAI is a prominent platform that creates AI instruments and workflows to cater to all types of business environments. The platform took to its official X account to offer insights into this partnership. 🤝 PARTNERSHIP: @linq_ai x #Zignaly – $LNQ treasury is now supercharged by Zignaly’s #ZScore Powered Fund Managers! 📈$LNQ treasury commits 100,000 USDT to Zignaly’s top-tier Fund Managers, with plans to exponentially scale this investment as our partnership deepens.… https://t.co/cczRdsFnXA pic.twitter.com/mszcbyQTMC…
On July 26, a coalition of Democratic officials, congressional candidates, and party leaders addressed an open letter to Jaime Harrison, Chair of the Democratic National Committee (DNC), and prospective presidential candidates. The letter, signed by over 20 lawmakers and candidates, emphasizes the critical need for the Democratic Party to adopt a forward-looking approach to digital assets and blockchain technology. The letter highlights the transformative potential of digital assets for American innovation, economic growth, and financial inclusion. The signatories, including prominent leaders such as Senate Majority Leader Chuck Schumer and Speaker Emerita Nancy Pelosi, argue that recent legislative support for pro-digital…
New York, NY — Republic, a leading name in Web3 advisory and investment, has announced an exciting new partnership with Immutable, a pioneer in Web3 gaming. This collaboration aims to transform the landscape of game development by offering top-tier support to game studios building on Immutable’s platform, focusing on advanced tokenomics and player engagement strategies.—The strategic partnership between Republic and Immutable is set to revolutionize how game studios design and implement their tokenomics. Republic Crypto Advisory will bring its expertise to the table, providing comprehensive advisory services covering every aspect of token development, from initial design to market liquidity. This…
Since April, Bitcoin’s price has ranged between $59,000 and $74,000, but historical trends suggest a potentially bullish July. Seasonal cycles, such as profit-taking around tax season in April and May, and increased demand in December, can influence cryptocurrency prices, leading to predictable changes. Bitcoin (BTC) bulls may have reason to cheer in the coming weeks as possible seasonal cycles boost prices of the largest cryptocurrency after months of declines and rangebound trading. BTC has traded between $59,000 and $74,000 since April, weighed down by billions in sales, upcoming selling pressure, outflows from exchange-traded funds (ETFs), and peak negative sentiment among…
Ethena Labs has launched the USDe token on the Bybit exchange, offering traders a unique opportunity to earn up to 20% Annual Percentage Rate (APR) on their holdings. The daily distribution of rewards ensures users can leverage their holdings without any minimum requirement, potentially offsetting funding costs. The platform’s growth is also evident with its Total Value Locked (TVL) surpassing $3.6 billion, marking a significant footprint in the decentralized finance ecosystem. Discover how Ethena Labs is revolutionizing collateral management with USDe on Bybit, enhancing capital efficiency and offering up to 20% APR rewards daily. Ethena Labs Unveils USDe on Bybit…
On their second day in the U.S. markets, Ethereum ETFs traded close to $1 billion. The spot ether ETFs saw about $951 million in cumulative trading volume on Wednesday, following $1.054 billion on their debut day, as reported by Yahoo Finance and The Block Pro Research. The Grayscale Ethereum Trust (ETHE) led the pack with $492 million, making up around 52% of the total volume. BlackRock’s iShare Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) followed with $256 million and $113 million, respectively. On Tuesday, the ETFs saw $106.7 million in net inflows and amassed over $10 billion in assets…
Intercontinental conflicts are poised to test whether Bitcoin is truly “digital gold” in the eyes of those living in cryptocurrency-savvy regions. Noelle Acheson, author of the book “Crypto is Macro Now”, suggests that controversial elections in Venezuela and fears that the conflict in Gaza will spread to Lebanon could significantly affect the price of Bitcoin. Acheson noted that geopolitical instability typically drives investors into “safe” assets such as gold, which has risen 1% since July 26. “Citizens of both Venezuela and Lebanon are very familiar with crypto as a payment mechanism and store of value,” Acheson wrote, noting that despite…
Grayscale adds VeChain to its investment consideration list, boosting its market credibility. Grayscale’s endorsement of VeChain could drive institutional and individual investor interest. VeChain’s strategic partnerships and growth prospects align with Grayscale’s diversified investment approach. Grayscale is a digital asset management company constantly searching for lucrative investment opportunities. Recently, the company added VeChain (VET) to their list of assets under consideration. 🚀 Big News! @Grayscale, the top crypto asset manager, has spotlighted #VeChain as a hot contender for future investment products! 🌟 Real-world utility is breaking through and shining bright! 📈👏https://t.co/KiZJ5uiPhy pic.twitter.com/1sGsqO6zLV — Collin Brown (@CollinBrownXRP) July 19, 2024 Why…
NASHVILLE — Former U.S. President Donald Trump took the stage at the Bitcoin Conference Saturday, saying the U.S. must take a leadership position in crypto as the Republican candidate moved to tighten his grip on the increasingly powerful crypto voting and fundraising bloc. “If we don’t do it, China will do it,” he said, speaking in a packed hall before over 3,000 attendees in Nashville. Crypto is “the steel industry of 100 years ago, you’re just in your infancy,” he said. “One day it probably will overtake gold. … There’s never been anything like it.” He arrived at Nashville’s Music…