Heading towards a bull market? China's large-scale easing helps boost bitcoin's outlook to $70,000.
1. The Fed's rate cut combined with China's central bank's large-scale stimulus has boosted global liquidity, triggering market frenzy this week. 2. After two months of weakness, the price of bitcoin has risen by 10% in the past month, boosting investors' confidence.
After the surprise rate cut, Federal Reserve officials are pushing for a "steady loosening" of the monetary floodgates.
①Mussalem told the media that the US economy may react "very strongly" to overly loose financial conditions, which will stimulate demand and extend the time needed to bring inflation back to 2%; ② He acknowledged that the US labor market has cooled down in recent months, but given the low layoff rate and overall strong economy, he remains optimistic about the prospects.
Shares of Crypto-related Stocks Are Trading Higher Amid Strength in Bitcoin, Which Has Gained Amid Upbeat Market Sentiment, Net Inflows to Bitcoin Spot ETFs and the Fed's Recent Rate Cut.
Robinhood Markets Analyst Ratings
MercadoLibre Analyst Ratings
Here's How Much $1000 Invested In MercadoLibre 15 Years Ago Would Be Worth Today
Watching Robinhood; Hearing Investors Business Daily Names Stock As New Buy
Udemy Stock Drops as Morgan Stanley Downgrades to Underweight
Is Kamala Harris Headed For A 'Crypto Reset'? Advocates See 'Encouraging' Signs But Here's Where It Gets Tricky
Latest cryptos news | Optimism spreads! Bitcoin rises above the 0.065 million mark; Bloomberg: Bitcoin expected to achieve one of the largest September gains ever.
Donald Trump Jr.: willing to spend a lot of money to have Harris explain encryption and blockchain technology, but cannot use a teleprompter; the correlation between bitcoin and global liquidity is stronger than that of gold and stocks.
"Black Swan Fund" founder: US stocks, gold, and digital currency may experience a flash crash, timing will be before the end of the year.
Spitznagel predicts that by the end of this year, the global market may suffer an "impact" due to economic slowdown. The Fed's lowering of borrowing costs should make investors concerned and consider more about the trend of stock prices next year. Bonds may be a safe haven.
Global interest rate cuts catalyze, bitcoin moves towards its best September ever.
This month, bitcoin has risen by more than 10%. Analysis believes that the failure to "decisively" break through $65,000 may indicate that bitcoin will enter a weak period.
About the heavyweight interest rate pricing benchmark! The "third figure" of the Federal Reserve announced the establishment of a new institution.
①New York Fed President Williams announced on Thursday that the New York Fed will establish an institutions composed of private market participants to oversee the usage of interest rate benchmarks or reference rates in the entire financial market; ②This institution will be named the Reference Rate Usage Committee (RRUC), with the first meeting scheduled for October 9th.
SEC Charges DraftKings With Fair Disclosure Violation: What To Know
Robinhood, Revolut Said To Explore Launching Own Stablecoins; Revolut Says It Plans To 'Further Grow' Crypto Product Suite
'Bye-Bye Bloom: Fidelity Plans to Shutter Savings App Launched 2 Years Ago' - Barron's
DraftKings Analyst Ratings
Fubo Launches Multiview Beta Feature On Select Roku Devices, Expected To Launch On Additional Roku Devices In The Coming Weeks
100 billion US dollars in tax credits! Harris wants to "revitalize American manufacturing"
Harris stated that she will provide funding for the future 100 billion US dollar tax relief over the next ten years by increasing taxes on American companies' overseas income, including biotechnology, aviation, ai, quantum computing and other cutting-edge industries, as well as traditional industries such as iron and steel.
Latest cryptos news | Bitcoin and Ethereum are both rising; Harris reiterates support for cryptos, some options traders bet that Bitcoin will touch 0.1 million US dollars by the end of the year
Deribit: A $5.8 billion bitcoin quarterly options expiration may cause market volatility.