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Markets
Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate
The market cap of altcoins rose 5.7% after the central bank announced it would lower interest rates by 50 basis points. Bitcoin’s market cap rose only 4.4%.
Iggy Azalea to Release Online Casino Motherland in Boost for MOTHER Token
The online casino and gaming platform will be released in November.
Cat-Themed Memecoins Emerge as Preferred Risk On Bets With 40% Surge in a Week
Cat-themed tokens have emerged as a new cohort alongside dog-themed Dogecoin and Shiba Inu, among the biggest gainers in the 2020-2021 bull run.
Bitcoin Nears $64K as BTC Futures Attract Billions; BoJ's Hike Pause Bumps Risk Assets
The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July.
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
Market participants were uncertain about the size of the rate cut prior to the Fed meeting, laying the groundwork for market volatility.
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Libeara's Head of Business Development Says
The Fed is likely to cut rates on Wednesday, starting the so-called liquidity easing cycle.
Bitcoin's Rise Over $61K Could Signal Local Top, Binance Volume Indicates
Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.
Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX
TrueX says it caters to rising client demand for truly secure segregation between execution and custody.
Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise
The Ethereum blockchain has the most active developers, the highest number of active users and ether has a market cap that is five times larger than its nearest competitor, the report said.
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
