Jamaica’s largest bank casts doubt on CBDC coingeek.com 23 August 2024 10:22, UTC Jamaica’s National Commercial Bank (NCB), the only lender in the country currently offering a central bank digital currency (CBDC) wallet, says that its clients have been disinterested in the digital currency. Jamaica launched the JAM-DEX CBDC in late 2021 and made…
Bitfarms stock earns analyst praise after ‘transformational’ deal crypto.news 22 August 2024 20:19, UTC H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug….
Only 0.0028% of Americans would qualify for the unrealized capital gains tax that had Crypto Twitter up in arms this week crypto.news 22 August 2024 20:02, UTC Recent rumors swirling on X wrongly accused presidential candidate Kamala Harris’ of endorsing President Biden’s 2025 proposal for a 25% tax that includes unrealized capital gains. What’s…
Stocks dip as dollar gains and crypto stays stuck ahead of Fed rate cuts cryptopolitan.com 23 August 2024 01:58, UTC Stocks took a hit on Thursday, and the dollar gained strength as traders anxiously waited for the Federal Reserve to confirm that interest rate cuts are coming. It was a tough day across the…
SunPump tops Pump.fun in 24-hour memecoin revenue cryptobriefing.com + 1 more 23 August 2024 00:14, UTC SunPump generates $567,000 in a day, overtaking Pump.fun’s earnings. Key Takeaways SunPump generated $567,000 in revenue from 7,531 memecoins on a single day. SunPump’s daily earnings surpassed PumpFun’s by a significant margin. SunPump, a Tron-based memecoin generator, recently…
How the Upcoming Federal Rate Cut Could Propel Bitcoin and Transform the Crypto Stock Market en.coinotag.com 23 August 2024 00:50, UTC The anticipation of a Federal Reserve interest rate cut is creating ripple effects throughout the financial markets. Experts believe that a timely rate reduction could invigorate the cryptocurrency market, affecting investments and borrowing…
Former Senior White House Official’s Serious Call to the Fed: 50 Basis Points Rate Cut Urgently Needed en.bitcoinsistemi.com 22 August 2024 20:56, UTC Bharat Ramamurti, a former deputy director of the White House National Economic Council, called on the Fed to make a significant rate cut in September and criticized the central bank’s decision…
