The post Federal Reserve Holds Rates Steady, Uncertainty Remains Over Future Cuts appeared on BitcoinEthereumNews.com. Bitcoin dropped 2% to $65,122, following the Fed’s latest monetary policy meeting, rate cuts are still expected eventually, but uncertainty is growing. Bitcoin dropped 2% to $65,122, ahead of the monthly close following the Fed’s latest monetary policy meeting. The […]

The post BlockDAG Dev Release 83: X1 App User Onboarding Module Testing & Blockchain Explorer As CEO Interview Triggers Interest appeared on BitcoinEthereumNews.com. BlockDAG’s latest Dev Release 83 marks significant progress in its mobile application and blockchain explorer. The update emphasizes user onboarding module testing, addressing key issues to enhance user experience, and preparing the […]

The post BlockDAG’s Team Reveal & AMA Session Boost Transparency & $63.9M Presale – Injective Prediction & Notcoin Trading Updates appeared on BitcoinEthereumNews.com. In a recent interview, CEO Antony Turner discussed the groundbreaking advancements and strategic vision driving BlockDAG forward. Following an AMA session with the CEO and team, which provided clear and transparent insights […]

The post We need greater confidence on inflation appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference. Key takeaways “Longer-term inflation expectations appear well anchored.” “As labor market has cooled, […]

The post Bahamas unveils DARE 2024 law to restore crypto hub status post-FTX appeared on BitcoinEthereumNews.com. The Bahamas Securities Commission has announced the passage of new crypto legislation nearly two years after FTX’s collapse. The Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) aims to provide regulatory clarity for the country’s digital assets industry […]

The post Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash appeared on BitcoinEthereumNews.com. Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds […]

The post Tether announces record profit of $5.2 billion for H1 2024 appeared on BitcoinEthereumNews.com. Tether has some big news. They’ve raked in a whopping $5.2 billion net profit for the first half of 2024. This announcement was part of their Q2 2024 assurance opinion, verified by BDO, an accounting firm.  The report claims that […]

The post Fed holds interest rate steady at 23-year high, possible rate cut coming September appeared on BitcoinEthereumNews.com. Key Takeaways Fed’s rate hold aligns with expectations, Bitcoin price shows minimal immediate reaction. Market anticipates September rate cut, potentially boosting crypto investment sentiment. The Federal Reserve announced today that it will keep its benchmark interest rate […]

The post EU AI Act comes into effect — Here’s what to expect appeared on BitcoinEthereumNews.com. The European Union’s AI Act takes effect on Aug. 1. It introduces significant regulations for artificial intelligence through phased implementation and key compliance obligations. The European Union’s Artificial Intelligence Act officially takes effect on Aug. 1, following its publication […]

The post Attentive to risks on both sides of dual mandate appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference. Key takeaways “The labor market has come into better balance.” […]