Day September 18, 2024

Bitcoin Dips as Mt. Gox Repayment Shakes Market

Bitcoin prices dropped significantly after news emerged about repayments related to the infamous Mt. Gox hack. The repayment process, which involves distributing a large amount of Bitcoin to creditors, has caused a ripple effect throughout the cryptocurrency market, unsettling investors.…

Bitcoin Surges as Fed Opts for Massive Rate Cut

The U.S. Federal Reserve has decided to cut rates by 50 basis points. Image by TradingView.comThis is the first rate cut initiated by the world’s most important central bank in four years. The price of Bitcoin, the leading cryptocurrency, is currently sitting…