📌 Daily Summary
● LIVE TRACKINGBitwise's Chief Investment Officer has offered insights into Bitcoin's recent price fluctuations, questioning whether the market is experiencing a temporary correction or entering a prolonged crypto winter. Meanwhile, market speculation intensifies around the Federal Reserve's potential for aggressive interest rate cuts under Kevin Warsh's anticipated leadership, as economists forecast significant shifts in monetary policy. In altcoin news, Russia has made announcements regarding XRP and two other cryptocurrencies, potentially influencing market dynamics. Additionally, Tether, the stablecoin behemoth, is diversifying its portfolio by venturing into the Bitcoin mining sector, signaling its growing involvement in the digital asset ecosystem. Lastly, Elon Musk's company is on the lookout for a cryptocurrency trading expert, stirring interest among investors as they anticipate a recovery in Bitcoin and altcoin markets, with predictions from market makers on the timing of this resurgence.
13:21
Bitwise CIO Matt Hougan said that the declines in Bitcoin and cryptocurrencies are not a correction but a severe crypto winter.
12:53
Economist Robin Brooks claims that Trump's nominee for Fed Chairman, Kevin Warsh, will cut interest rates by 100 basis points. Will Bitcoin rise?
12:21
The Moscow Exchange (MOEX) in Russia is planning to launch futures trading for Solana (SOL), Tron (TRX), and XRP. Here are the details...
12:05
Tether, the world's largest stablecoin issuer, has taken a significant step toward expanding its influence in the cryptocurrency infrastructure.
11:57
Elon Musk's AI company xAI has unexpectedly announced that it is looking for a cryptocurrency expert. Here are the details.
