Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analyst...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Bitdeer Reports 1,355 Bitcoin Mined In September While Building AI Capacity
TL;DR: Bitdeer says its September Bitcoin production reached 1,355 BTC, highlighting the miner’s expanding hash rate alongside sep...
Swell Freezes swETH and rswETH Withdrawals Until It Corrects Their Exchange Rates
Holders of Swell‘s swETH and rswETH cannot deposit or withdraw through the protocol after the team said at 2:39 a.m. ET Friday it...
XRP Wallets Hit Record 8.24 Million as Network Growth Accelerates
XRP Ledger’s wallet count has reached 8.24 million, extending its climb through months of price volatility. Santiment paired the m...
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Bitcoin Magazine Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike U.S. investors quickly reversed course on Thurs...
KBC Group adds roughly $5.9 million in Strategy shares to its Bitcoin bet
KBC's investment strategy highlights growing institutional interest in crypto, but also underscores the risks of concentrated expo...