Will 50 Bps Fed Rate Cut Send US Economy To Recession?

Gold proponent Peter Schiff sees the possibility of the latest Interest rate cut by the US Federal Reserve fueling recession and even inflation. He described the latest interest rate cut of 50-basis-point as the Fed Reserve giving in to the market. Schiff believes that the situation with the inflation makes …

The Impact of Wars on the Forex Market

The foreign exchange market, commonly known as Forex or FX, is the world’s largest and most liquid financial market. Trillions of dollars are traded daily, with currencies exchanged for commerce, investment, and speculation. While Forex is influenced by various factors, wars, and geopolitical conflicts stand out as significant catalysts for …

US Lawmakers Slam SEC Chair Gary Gensler Over Airdrop Securities Classification

Two prominent U.S. lawmakers, House Majority Whip Tom Emmer and House Financial Services Committee Chairman Patrick McHenry, have raised concerns over the Securities and Exchange Commission’s (SEC) approach to classifying airdrops as securities. In a letter dated September 2024, they addressed SEC Chair Gary Gensler, questioning the agency’s stance on …

Microsoft & BlackRock Partner to Launch $30B Infrastructure Fund

BlackRock is gearing up to introduce an ambitious investment fund exceeding $30 billion, in collaboration with Microsoft. The fund is aimed at developing data centers and energy projects to support the expanding demands of artificial intelligence (AI) technology. Moreover, the partnership represents one of the largest investment vehicles ever created …

5 Things That Hint Bitcoin Price Will Hit $70k Soon

Several happenings and upcoming Bitcoin news could cause the Bitcoin price to reach $70,000 soon enough. These developments provide optimism amid BTC’s stagnant price action as they will likely reverse the bearish outlook that many investors currently have toward the flagship crypto. Five Things That Could Spark The Bitcoin Price …

Donald Trump’s World Liberty Financial Launched: Key Features and Token Overview

The DeFi industry is at its peak, with hundreds of millions of followers benefiting from it. And now ex-President Donald Trump has stepped into this world with World Liberty Financial. Regardless of many people’s speculation, it is more than a political campaign to win over crypto voters. The ex-president had …

SUI Price Soars As USDC Issuer Circle Makes Game Changing Announcement

Circle has announced its decision to launch its USD Coin (USDC) on the Sui network, a move that has promptly propelled the price of Sui (SUI) cryptocurrency. This initiative marks a continuation of USDC’s expansion across multiple blockchain platforms, now totaling sixteen with the addition of Sui. Circle Announces USDC …

Binance Breaks Silence Amid WazirX-Liminal Dispute Allegations

In an unprecedented turn of events, crypto exchange colossus Binance on Tuesday denied any links to WazirX or Zanmai and Zettai in the wake of users’ stolen funds on the Indian exchange. Notably, the globally leading CEX called on the Indian exchange to hold responsibility for exploited funds, stating clear …

Bring your Crypto to Life: Use Cryptocurrencies for all of your everyday purchases with CoinsBee

In a world that’s becoming increasingly digital, the way we shop for and give gifts is evolving too. Digital gift cards have emerged as one of the most practical and popular gift options. They’re not only flexible and customizable but also instantly available, making them the perfect choice for last-minute …

Why You Should Join a Crypto Community in 2024

According to Bankrate, the total value of crypto is more than $2 trillion globally. And yet, it’s always changing. Staying ahead in crypto trading can feel overwhelming with so many trends emerging in 2024. One solution is joining a crypto community, where platforms like Whop connect you with fellow traders …