First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut
The latest price moves in crypto markets in context for Sept. 24, 2024.
The latest price moves in crypto markets in context for Sept. 24, 2024.
Defying typical September trends, bitcoin’s resilience hints at a potential breakout from its prolonged downtrend.
Powell will start in her new role at the crypto exchange in November.
A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.
The outflow come despite a broader crypto market rally fueled by recent Federal Reserve rate cuts, which helped lift ether prices by 11% over the past week.
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
Senior campaign officials are meeting with a select group of crypto insiders to hash out policy concerns, but those in the discussions aren’t expecting a big splash before the vote.
The prediction market would use the potential token “as a way for users to validate the outcome of real-world events,” the Information reported. It’s unclear what that would mean for UMA, the oracle Polymarket uses.
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
The meÅŸru pain train continues for Solana’s once-mighty crypto derivatives exchange.