The post BoC’s Macklem raises prospect of big rate cuts appeared on BitcoinEthereumNews.com. Bank of Canada Governor Tiff Macklem said on Sunday that he has opened the door to accelerating the pace of interest rate reductions. Macklem further stated that policymakers could switch to 50 basis point (bps) moves should growth disappoint, per the Financial […]
How Term Structure and Fixed-Income Products Could Revolutionize DeFi, According to Former Deutsche Bank Expert Jerry
The post How Term Structure and Fixed-Income Products Could Revolutionize DeFi, According to Former Deutsche Bank Expert Jerry appeared on BitcoinEthereumNews.com. Term Structure introduces a decentralized fixed-income protocol aimed at enhancing peer-to-peer lending and borrowing through fixed interest rates. The project’s complexity often leads to it being overlooked, particularly due to its focus on advanced […]
Retail Adoption Could Propel Solana Liquid Staking to $18B and SOL Price to $160
The post Retail Adoption Could Propel Solana Liquid Staking to $18B and SOL Price to $160 appeared on BitcoinEthereumNews.com. Solana’s liquid staking could grow fivefold to $18 billion, driven by increased retail investor interest. Retail investors are attracted to the flexibility of liquid staking tokens, which allow them to use their assets in DeFi applications. […]
XAU/USD holds positive ground above $2,550, focus on Fed rate decision
The post XAU/USD holds positive ground above $2,550, focus on Fed rate decision appeared on BitcoinEthereumNews.com. Gold price trades in positive territory near $2,580 in Monday’s early Asian session. Firmer Fed rate cut expectations and persistent geopolitical risks continue to underpin Gold price. Slow momentum in Chinese economic activity might weigh on the precious metal. […]
Circle Accused Of Cashing In On Lazarus Group Cyberattack
According to blockchain investigator ZachXBT, Circle had been making money from transactions in line with the notorious North Korean hacking group Lazarus Group, a severe accusation lodged against the company. Related Reading: Trump Drops Major Clue On Crypto Project Launch Date The allegation comes after an incident in which Circle took more than four months […]
What’s Next for 1.04 Million BTC as Bitcoin Price Hits $60,000?
The post What’s Next for 1.04 Million BTC as Bitcoin Price Hits $60,000? appeared on BitcoinEthereumNews.com. Bitcoin’s price recently bounced back from the crucial support level at $53,980 and is now approaching the $60,000 mark. After hitting a low of $52,270, the cryptocurrency is showing strength, supported by favorable market conditions. Currently trading at $60,048, […]
ECB is not pre-committing to a particular rate path
The post ECB is not pre-committing to a particular rate path appeared on BitcoinEthereumNews.com. European Central Bank (ECB) Governing Council member and Central Bank of Ireland Governor Gabriel Makhlouf said on Friday that the ECB continues to operate in a “highly uncertain environment,” and will remain data-dependent when it comes to making future monetary policy […]
Bitcoin’s leverage at yearly high: Here’s what it means for BTC prices
The post Bitcoin’s leverage at yearly high: Here’s what it means for BTC prices appeared on BitcoinEthereumNews.com. The borrowed funds in BTC have hit a yearly high. The price continues to struggle around the $60,000 price range. Bitcoin [BTC] recently broke through its psychological barrier, entering the $60,000 price range. However, this milestone has brought […]
Crypto Experts Prefer New Gambling Coin Mpeppe Over Shiba Inu and Dogecoin Heres Why
The post Crypto Experts Prefer New Gambling Coin Mpeppe Over Shiba Inu and Dogecoin Heres Why appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with excitement as a new meme coin, Mpeppe (MPEPE), gains traction and threatens to outshine both Shiba Inu (SHIB) and Dogecoin (DOGE). While Shiba Inu (SHIB) and Dogecoin (DOGE) have established […]
China’s Retail Sales rises 2.1% YoY in August, Industrial Production up 4.5%
The post China’s Retail Sales rises 2.1% YoY in August, Industrial Production up 4.5% appeared on BitcoinEthereumNews.com. China’s Retail Sales rose 2.1% YoY in August from 2.7% in July, worse than the 2.5% expected. The nation’s Industrial Production increased 4.5% YoY in the same period versus 4.8% anticipated and 5.1% recorded previously. The official data was published by the National Bureau of […]