The post Breaking: Fed Cuts Key Interest Rate By 25 BPS, QE to Start on Dec 1; What’s the Impact on Crypto Bull Run? appeared first on Coinpedia Fintech News The Federal Reserve has bent its knee to President Donald Trump’s request, amid the ongoing United States Government shutdown, which has lasted nearly 30 days.
The post Bitcoin Drops Below $110K After Fed Cut, Traders Accuse Binance of Manipulation appeared first on Coinpedia Fintech News The Bitcoin price today dropped suddenly below $110,000, falling by over 4% in a single day. The sharp move came right after the Federal Reserve announced a 25 basis point rate cut, lowering interest rates
The post Despite Lagging 42% Behind the Bitcoin Rally, Ethereum Is Set to Dominate the Next Market Cycle—Here’s Why! appeared first on Coinpedia Fintech News The crypto market is witnessing heightened volatility ahead of the upcoming FOMC decision, with Bitcoin consolidating near local highs and Ethereum trading at a steep discount. While BTC continues to
The post Mastercard Bets Big on Stablecoin Market Via Potential Acquisition of Zerohash Valued at Near $2 Billion appeared first on Coinpedia Fintech News Mastercard Inc. (NYSE: MA) is eyeing to expand the stablecoin market through an intended acquisition of Zerohash. According to persons familiar with the matter, Mastercard intends to purchase the crypto and
Bitcoin price remained under pressure on Wednesday morning as investors waited for key events like the Federal Reserve interest rate decision and talks between Donald Trump and Xi Jinping. BTC was trading at $112,538, down from this week’s high of $116,200. Bitcoin price pulls back ahead of Fed decision The BTC price has dropped in
Shiba Inu price has transitioned from one of the most popular meme coins to a fallen angel. The SHIB token was trading at $0.00001013 on Wednesday, down 70% from its November high and 78% from its 2024 highs. This price has also dropped by over 88% from the all-time high. Shiba Inu price plunge has
Joby Aviation stock price jumped to $16.95 after the eVTOL company announced a new partnership with Nvidia, the biggest company in the world. It has now jumped by 250% from its lowest level this year, bringing its market capitalization to over $13.75 billion. Joby Aviation and Nvidia partnership The main reason why the JOBY stock
The Schwab US Dividend Equity (SCHD) ETF remained in a tight range this week as it continued to underperform other tech-heavy indices like the S&P 500 and Nasdaq 100. This article highlights whether the SCHD ETF is a good fund to buy. Why the SCHD ETF is underperforming the stock market The SCHD ETF has
Chipotle Mexican Grill stock price has plummeted in the past few months, moving from a record high of $68.86 in January to $40 today. This crash has brought its market capitalization from $97.1 billion to $52 billion. This article explains why the CMG stock may crash after publishing its earnings today. Chipotle stock price technical
Nvidia stock price jumped to a record high on Tuesday, bringing its market capitalization closer to the $5 trillion market capitalization. It has jumped by over 47% this year and by over 28,000% in the last decade. NVDA stock price has thrived because of the ongoing demand for its chips from companies training AI models.