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Goldman Sachs wants to invest in Bitcoin and Ethereum
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path. Solomon made the statement during a Reuters event on Tuesday. His comments come as Bitcoin hit over $100,000 last week, driven by optimism about crypto’s […]Cryptopolitan
Dec 11, 2024
U.S. Treasury yields remain largely unchanged as CPI rises to 2.7%
U.S. Treasury yields remained largely unchanged Wednesday as investors embraced the rising CPI data. The consumer inflation figures are pivotal for investors and could pave the way for the Federal Reserve to cut interest rates next week.Cryptopolitan
Dec 11, 2024
Will the FED cut rates tomorrow? Here’s what the inflation data is pointing to
A FED economic report, expected to be released on December 12, could highlight stalled progress in curbing inflation in the United States. Economists are uncertain whether the data will dissuade the Federal Reserve from implementing a widely expected interest rate cut during its policy meeting next week. According to recent updates from Trading Economics, the […]Cryptopolitan
Dec 11, 2024
Fortnite enters its FPS era with Ballistic mode
Fortnite’s new Ballistic mode, launched in its early access period, is turning it into a traditional shooter game. According to a Forbes report, the new Fortnite Ballistic mode competes with Call of Duty-type genres, not to mention players have also started calling it “CODnite” or “FortCOD” on X. FORTCOD 🔥👀 — 81 Real (@real_818) December […]Cryptopolitan
Dec 11, 2024
BNB and SUI Breaks Out of Consolidation, Rallying to Catch Up With This Altcoin Explosive Gains
After a long-standing consolidation for Binance (BNB) and Sui (SUI), both top cryptocurrencies are reflecting a triumphant victory over consolidated patterns. Binance has bolstered its new bullish formation with a new token called MOVE, signaling as one of the top altcoins to watch. On the other hand, Sui network has been on a development journey […]Cryptopolitan
Dec 11, 2024
US inflation climbs to 2.7%, putting the Federal Reserve in a bind
Inflation in the United States accelerated in November, with consumer prices rising 2.7% over the past year. Monthly, the consumer price index (CPI) increased by 0.3%, according to the Bureau of Labor Statistics (BLS). Core inflation, which excludes volatile food and energy prices, held steady at 3.3% annually and 0.3% monthly. These figures came in […]Cryptopolitan
Dec 11, 2024
Bitcoin leverage eases as exchange-held USDT balances surge
CryptoQuant data has revealed new insights into the prevailing state of the Bitcoin market. The data points out that leverage in Bitcoin is easing, and the USDT balances held in exchanges are surging. The data gives a possible impression that cascade liquidation risk could be reduced as USDT collateral rises.Cryptopolitan
Dec 11, 2024
Can Adobe lead in AI? Investors await market results in ‘make-or-break’ situation
Adobe Inc. is short on time to persuade investors that it can keep up with artificial intelligence, which is running away as the next big trend in technology markets. According to a recent Bloomberg report, Adobe’s stock has fallen 8.3% this year. The company is lagging behind the broader software sector, which is up more […]Cryptopolitan
Dec 11, 2024
Aptos turned into one of the most successful L1 with 1800% growth
Aptos is one of the chains that has seen its fortune change the most in 2024 as it has made the best of the bull market. Just as L1 tokens and platforms were slowing down, Aptos managed to draw in all the elements it needed to become a growth leader. It is one of the […]Cryptopolitan
Dec 11, 2024
NEAR and LTC Registers Over 60% Monthly Gain: New DeFi Coin Aims for 100X Price Rally Amid Bull Market
The current bull cycle appears to be far from over considering the sustained bullish momentum across the crypto market. Notably, top cryptocurrencies like Near protocol (NEAR) and Litecoin (LTC) have made quite some progress in the past month with both registering over 60% price surge. However, established altcoins are not the only beneficiary of the […]Cryptopolitan
Dec 11, 2024
Bitget prepares for MiCA compliance with proposed Europe regional hub
As part of its strategic growth in the EU, crypto exchange and Web3 business, Bitget is considering establishing its European regional hub in Lithuania. The resolution sets out to unify the region’s crypto asset regulation in conformity with the EU’s Markets in Crypto-Assets (MiCA) framework. Hon Ng, Bitget’s Chief Legal Officer, explained his goal asserting, […]Cryptopolitan
Dec 11, 2024
