Friday, June 14, 2024
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Major Bank Predicts Significant Interest Rate Cuts – Blockchain News, Opinion, TV and Jobs

Strategists at UBS Investment Bank are forecasting massive interest rate cuts by the U.S. central bank, and this is seen as bullish for Bitcoin. The decreasing inflation, according to UBS, makes it possible for the U.S. central bank (Federal Reserve) to begin reducing interest rates as early as March. This

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Significant whale movements stir up XRP and Bitcoin market

An unknown wallet recently transferred a staggering amount of XRP tokens to centralized exchanges Bitstamp and Bitso.  According to the latest market data revealed by blockchain tracker Whale Alert, a massive 50 million XRP tokens were moved, attracting the attention of investors and traders worldwide. The unknown wallet (4wf7enWPx…5XgwHh4Rzn) initiated a series

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The G20’s Crypto Hand-Wringing Is Not Significant

So, let’s assume that we get some firm statements from the group in support of the Financial Stability Board’s (FSB’s) latest policy recommendations, published in July. That’s very likely, since the recommendations don’t actually say anything interesting. There’s a smattering of “authorities should have the appropriate powers,” apply regulation, cooperate

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