With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch tool. Market […] Source: https://news.bitcoin.com/fed-rate-decision-looms-as-market-predicts-25bps-cut-with-87-probability/
Digital asset manager Grayscale today launched a new trust giving investors exposure to XRP, the seventh biggest cryptocurrency by market cap and the coin created by the founders of payments platform Ripple. In a Thursday announcement, Grayscale said that it believed the asset had the “potential to transform the legacy financial infrastructure.” The trust will allow investors to buy shares…
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers. Source: https://cointelegraph.com/news/anchorage-bitgo-joining-coinbase-custody-21shares-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ParaFi Capital will tokenize part of its $1.2 billion portfolio using the Avalanche blockchain and tokenization platform Securitize. Source: https://cointelegraph.com/news/parafi-capital-tokenize-1-2-billion-fund-securitize?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Scambaiter Kitboga reveals how to outsmart fraudsters in an exclusive Cointelegraph interview. Source: https://cointelegraph.com/news/scambaiter-kitboga-tips-outsmarting-scammers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Eve Online creator CCP Games announced Thursday that its upcoming survival-centric blockchain game, previously referred to as Project Awakening, will launch as Eve Frontier instead—and that it’s being built within the Ethereum ecosystem. Eve Frontier, as it has been rebranded, is an on-chain space simulation game that players will be able to mold and expand as they see fit—and they…
The capital city of the country of Georgia boasts a small but vibrant crypto community that aims to put the country on the map. Source: https://cointelegraph.com/magazine/crypto-is-used-for-payments-in-georgia-not-to-get-rich-tbilisi-crypto-city-guide/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain […] Source: https://news.bitcoin.com/etoro-restricts-us-crypto-trading-to-3-cryptocurrencies-following-sec-1-5m-fine/
According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful. Source: https://cointelegraph.com/news/judge-allows-kalshi-to-list-us-elections-bets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience. Source: https://cointelegraph.com/news/bitcoin-price-0-dollars-black-swan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
