1. BTC Market TrendFrom September 16 to September 18, the BTC spot price swung from $57,558.25 to $61,664.49, a 7.13% range.Key points from the Federal Reserve (Fed) FOMC Statement and Powell’s Press Conference on September 18FOMC Statement:1. Rate Decision: The federal funds rate was cut by 50 basi

East Asia's cryptocurrency market is experiencing rapid growth, primarily driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea is leading the charge with $130 billion in on-chain value, while Hong Kong is emerging

ETH price struggles to gain momentum as DApp volumes decline, keeping Ether hovering around the $2,250 support level.Source: www.inx.coEther has struggled to surpass the $2,450 mark for over two weeks, and the recent 17% decline in Ethereum's decentralized application (DApp) activity has raised conc

The Federal Reserve Initiates Rate Cut Cycle, Reduces Federal Funds Rate by 50 Basis PointsOn September 19, the Federal Reserve began a rate cut cycle, lowering the federal funds rate by 50 basis points to 4.75%-5.00%, the first reduction since March 2020. Chairman Powell emphasized the strength of

Analysts believe that Bitcoin's recent price movements may indicate the start of a journey toward new all-time highs.Source: www.dlnews.comBitcoin is currently trading 16% above its local low of $52,546, reached on September 6, leading analysts to suggest that this reversal may signal the beginning

US Lawmakers Advocate for Crypto Regulation Bill, Expected to Pass This YearU.S. Congressmen Patrick McHenry and Cynthia Lummis anticipate the crypto regulation bill will pass by year-end. Lummis, speaking at Georgetown University, highlighted the Senate Agriculture Committee's efforts, which could

Cathedra Bitcoin Inc. has announced a strategic shift, transitioning from a focus on Bitcoin mining to prioritizing the growth of its Bitcoin holdings. The company aims to increase its shareholders' Bitcoin per share, adopting a strategy similar to Microstrategy, which has gained recognition for its

1. BTC Market TrendFrom September 12 to September 15, the BTC spot price swung from $57,202.28 to $60,715.24, a 6.14% range.Important statements related to the Federal Reserve (Fed) and the European Central Bank (EBC) over the past four days:1) On September 12, the Fed Inspector General indicated th

According to a joint study by CMC Research and Footprint Analytics, Bitcoin's role in decentralized finance (DeFi) has evolved significantly, transitioning from its original use as a peer-to-peer currency to becoming a major player in the DeFi ecosystem. Technological advancements, including Rootsto

The Federal Reserve Kicks Off "Super Central Bank Week" with Powell Leading Monetary Policy Press ConferenceFormer New York Fed President Dudley suggested the Federal Reserve has reason to cut interest rates by 50 basis points this week. The Fed faces a choice between a 50 or 25 basis point cut, and