Bitcoin Faces Potential Economic Headwinds Amidst Rate Cuts
Bitcoin's stability is at risk with upcoming economic shifts and Fed rate cuts.
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أهم فرص التداول اليوم لازواج العملات والذهب الاربعاء 31 يناير 2024
31/01/2024 16:26
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South Korea Excludes NFTs and CBDCs from Mandatory Interest for Digital Assets
The Financial Services Commission (FSC) in South Korea issued a notice emphasising the obligation for investors in digital assets to receive interest on their deposits into exchanges by July 2024. Notably, the guidance excludes nonfungible tokens (NFTs) and central bank digital currencies (CBDCs) from this regulation.
JoyUS Regulators Start Soliciting Interest for Signature Bank Bids
They have opened a data room for potential buyers to begin their due diligence
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United States interest rates are touted to grow less than expected, which has got crypto markets onto a slightly more positive sentiment.
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European Central Bank policymakers appeared increasingly worried that high inflation could become entrenched.
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Crypto prices immediately came crashing down after the Fed announced they are increasing interest rates during an economic summit.
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The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and would continue to “respond forcefully, as necessary” to inflation.
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The FOMC announced a 75-bps rate hike on Sept. 21. BTC fell by 6.45% right after the announcement.
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Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital ...
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Bitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital ...
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