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Crypto Investments Soared Post Powell’s Speech – CoinShares
crypto Investment Inflows Skyrocket Last week, the crypto investment landscape witnessed a remarkable surge in capital inflows, marking the highest influx in five weeks, as per the latest CoinShares’ Digital Asset Funds Weekly Report released on Aug. 26. The report unveiled that investment products related to digital assets attracted a total of $533 million in…
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Bitcoin Hits $64K After Powell’s Speech, Targets Bigger Gains in Bull Market Euphoria
bitcoin‘s recent surge to over $64,300 was fueled by Federal Reserve Chair Jerome Powell’s hints at potential interest rate cuts, leading to increased investor optimism. The market responded positively, with bitcoin breaking through resistance and climbing nearly 5% in the last 24 hours. This bullish trend extended to other major cryptocurrencies, including ethereum, Solana, Dogecoin,…
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Will Bitcoin Surge After Powell’s Speech Rocks Markets?
Anticipating Market Shifts: Powell’s Upcoming Speech and Its Impact As investors closely watch the Federal Reserve’s next move, the anticipation around Chair Jerome Powell’s upcoming speech intensifies. The markets are already factoring in the potential for a rate cut, with CME Group data suggesting a 75% probability of a 25 basis point reduction in September…
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Powell’s Jackson Hole Speech Sparks Buzz: Will BTC Surge After Expected Rate Cuts?
In the evolving landscape of digital currencies, bitcoin (BTC) remains a topic of fervent discussion and speculation. Despite having made a commendable recovery from the early August dip that momentarily saw its valuation plummet below $50,000, bitcoin‘s current standing at approximately $60,800 still significantly lags behind the all-time high of about $73,500 recorded in March.…
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Weekend Recap: Blockchain Gaming Wins Big, Trump’s Speech Insights & More
The Dynamic World of Tech and crypto: A Whirlwind of Events The world of technology and cryptocurrency is always buzzing with news that can both intrigue and surprise us. From notable departures in the tech sector to the excitement of the mixed martial arts (MMA) arena, and even to the realm of politics where opinions…
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Six Bitcoin Suggestions from Samson Mow for Trump’s Speech in Nashville
Revolutionizing America’s Economy with bitcoin: Six Bold Ideas In the bustling world of cryptocurrency and economic innovation, one name stands out for making waves with thought-provoking proposals: Samson Mow, the CEO of JAN3. With a keen eye on the future of finance, Mow has brought to the table six intriguing ideas aimed at transforming the…
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Kama Token Surges 40% After Kamala Harris Announces Bitcoin 2024 Speech
The Surge of Kama token: A Political and Financial Phenomenon The financial world is abuzz with the recent surge of the Kama token, which witnessed an impressive 40% increase within a mere 24 hours, now valued at $0.035. This spike in interest and investment comes amid speculation surrounding Kamala Harris’ potential participation in the upcoming…
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Implications of Chair Powell’s Federal Reserve Speech on Bitcoin’s Future
How Monetary Policy Influences the Crypto Market: A Deep Dive into Jerome Powell’s Testimonies The intricate relationship between cryptocurrency and global monetary policy is becoming increasingly fundamental to understanding market movements. With Jerome Powell, the Chair of the Federal Reserve, scheduled to address Congress, the crypto world is poised on the edge of its seat.…