Blockchain

The US Federal Reserve announced an interest rate cut of 25 basis points on Wednesday (December 18), reducing its target range to 4.25 to 4.5 percent in its third reduction of the year. Policymakers also signaled that only two rate cuts are expected in 2025 versus the four originally forecast. …

Speaking to the Investing News Network, Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, reviewed gold’s impressive 2024 price performance and laid out where he sees the yellow metal going in 2025. While he sees further upside potential until about the end of January, ultimately he expects gold to move sideways …

Bitcoin hit a new record high of US$107,554 on Monday (December 16) following growing interest in the cryptocurrency as a potential reserve asset. The speculations were spurred by a statement from US President-elect Donald Trump about creating a strategic reserve for cryptocurrencies. “We’re going to do something great with crypto …

Speaking to the Investing News Network, Lawrence Lepard, managing director at EMA, voiced his thoughts on the outlook for gold and Bitcoin as the debt doom loop intensifies in the US. “I call it a doom loop — it’s a vicious circle in the wrong direction, which I believe will …

The cryptocurrency market is heading into 2025 on the heels of a bull run sparked largely by converted crypto advocate Donald Trump’s impending return to the White House. The president-elect has vowed to make the US the “crypto capital of the world,” and is stocking his cabinet with crypto-friendly picks, …