News & Trends

Updates on cryptocurrency, digital assets, fintech, digital payments, and the global financial ecosystem.

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Tether Denies Investigation Rumors Amid Bitcoin Surge

Cryptocurrency, News & Trends /

A U.S. investigation into Tether, the issuer of stablecoin USDT, has been denied publicly.According to the Wall Street Journal, federal prosecutors in Manhattan are investigating possible anti-money laundering (AML) violations involving Tether.In the report, unnamed sources suggested USDT might have been used for illicit purposes.The company has categorically denied these allegations, emphasizing its commitment to […]

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CPI Report Hints at Favorable Conditions for Bitcoin and Crypto Investors

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The most recent Consumer Price Index (CPI) data, dated October 10, 2024, reveals that consumer prices in the United States increased by 2.4% in September, slightly exceeding market estimates of 2.3%. While this is a slight improvement above August’s 2.5%, it maintains a cooling trend that has persisted since inflation peaked at 9.1% in June

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A chart displaying a significant drop in cryptocurrency prices, with red downward arrows indicating market volatility.

Crypto Market Drops: How Geopolitical Tensions Are Shaping Bitcoin’s Next Move

Cryptocurrency, News & Trends /

Cryptocurrency Market Volatility: Bitcoin and Altcoins Experience Significant Decline The cryptocurrency market recently faced a significant decline in the value of Bitcoin and other digital assets, causing concern among investors. Bitcoin dropped from its record high of $64,000 to over $61,000, as at Wednesday, 2nd October, 2024 resulting in a $100 billion loss in market

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 Crypto Market Updates For September 2024

Cryptocurrency, News & Trends /

What happened to crypto in september? Last week, after the Federal reserve committee made a significant rate cut, Bitcoin rose to around $63,000, climbing from weeks of hovering near $60,000. While this decision has cleared some uncertainty about monetary policy, upcoming U.S. elections are expected to keep markets unpredictable until November. In other Bitcoin news,

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A chart displaying a significant drop in cryptocurrency prices, with red downward arrows indicating market volatility.

Federal Reserve Committee Drops Interest Rates During September FOMC Meeting

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On Wednesday, September 18th, 2024, the Federal Reserve dropped interest rates for the first time since the COVID-19 epidemic, lowering benchmark rates by half a percentage point to offset a probable labor market slowdown. Amid slowing job growth and inflation, the Federal Open Market Committee voted to drop its main overnight borrowing rate by 50

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What are we expecting from the FOMC meeting in September ?and Last weeks CPI report

Cryptocurrency, News & Trends /

The Consumer Price Index (CPI) report from last week caused a shift in the financial markets and served as another reminder of just how intertwined the economy is. However, what impact does news about inflation have on the cryptocurrency market and the US dollar’s value? Because it affects market mood and monetary policy, inflation news

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The Consumer Price Index (CPI) versus Bitcoin: “Will the News of Today Cause a Sell-Off or Rally?”

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Bitcoin fans, get ready for an exciting afternoon! The CPI report for today at 1:00 PM can be the spark that sends Bitcoin prices skyrocketing or plummeting. However, why is the market anticipating this? A robust economy is typically correlated with a healthy labor market, but recent employment data has investors concerned. Do not panic;

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Latest Insights in the Market: Q2 2023 Cryptocurrency News Roundup

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Do you know that the cryptocurrency market has grown significantly due to new traders and investors entering the crypto space daily to leverage the market’s potential? I know you are wondering how, because of the DIPs that happen But it is essential to know that you may not fully understand the activities in this emerging

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10 Things To Know About Steam Gift Cards and it Uses In 2023

Gift Card, News & Trends, Trade /

Kindly be aware that Steam Wallet Gift Card can only be activated on Steam. Steam, developed by Valve Corporation, is a popular digital distribution platform for video games and other software. Steam gift cards have become a go-to choice for gamers and enthusiasts alike, allowing them to purchase games, downloadable content (DLC), and various other digital items. If

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What’s the connection between NFT and cryptocurrency?

Cryptocurrency, News & Trends /

Virtual assets are fast becoming as popular as physical assets. Currently, there are two major types of virtual assets, which are cryptocurrency and non-fungible tokens (NFTs). Although both of these assets have their unique advantages and disadvantages, we can say that they are connected in some way. So, what’s the connection between NFT and cryptocurrency?

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