Traders are optimistic following Bitcoin's weekly close above a critical support level, interpreting it as a positive sign for the cryptocurrency.Source: shutterstock.comOn September 9, Bitcoin's price surged to approximately $57,500, marking a significant rebound from what was perceived as an exagg

1. BTC Market TrendFrom September 5 to September 8, the BTC spot price swung from $52,724.64 to $58,315.63, a 10.6% range. The fluctuations in Bitcoin last week were mainly driven by market concerns over Harris defeating Trump, the potential for the Democratic Party to continue governing the U.S. in

Fed Governor Waller: Data-Driven Support for Continued or Major Rate CutsFed Governor Waller announced that it's time to start a series of rate cuts this month, showing flexibility on the size and speed of reductions. He confirmed his support for multiple cuts if the data justifies them, and indicat

Corporate adoption of Bitcoin has surged in 2024, as highlighted in a report from River, a U.S.-based financial services company specializing in Bitcoin. The report underscores the increasing trend of businesses incorporating Bitcoin into their treasuries and projects that this trend will continue.

Economist and podcast host Suze Orman is expressing strong optimism about Bitcoin's future, though she believes that investing through Bitcoin ETFs is the best approach.Source: coinmarketcap.comIn a recent interview with CNBC, where she previously hosted the highly acclaimed Suze Orman Show from 200

Rushi Manche, the co-founder of Movement Labs, has announced that their Ethereum scaling solution is reaching 12,000 transactions per second (TPS) on its testnet.Source: watcher.guruMovement Labs aims to be the first fast Ethereum layer 2 solution, with Manche claiming that it can process nearly dou

World Leaders Sign Historic First Legally Binding AI AgreementGlobal leaders backed the European Commission's AI Convention, set for signing by the U.S., EU, and U.K. on September 5. This landmark treaty mandates AI systems to promote human rights, equality, and privacy, aligning with democratic val

Mastercard, the global payment leader, is expanding its support for non-custodial cryptocurrency wallets through a new partnership, allowing users to spend crypto while maintaining full control of their assets. This builds on a previous pilot program with the self-custodial MetaMask wallet and intro

1. BTC Market TrendFrom September 2 to September 4, the BTC spot price swung from $55,794.06 to $59,736.72, a 7.07% range. Over the past three days, significant statements from the Federal Reserve (Fed) and the European Central Bank (ECB) have been as follows:1) On September 4, Fed’s Bostic stated t

The European Parliament is gearing up to form a new European Commission, which will steer cryptocurrency policy in the European Union (EU) for the next five years. With elections happening worldwide, the EU is no exception. This autumn, the European Parliament will vote on a new commission, which wi