Bitcoin witnessed a remarkable surge, breaking the $66,000 barrier within just two hours following the Fed’s announcement, up from the day’s low of $60,976.
Author: Ravi Kumar
Ravi Kumar
Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com
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Ruslan Lienkha, Chief of Markets at YouHodler, shared his thoughts on the upcoming decision, its impact on financial markets, and how it may affect the Bitcoin and crypto market.
Giggle Academy aims to tackle significant global educational challenges, particularly focusing on regions with high illiteracy rates among adults, by providing free, grade 1-12 education to underserved children worldwide.
“Figure Technologies is capturing real benefits by employing blockchain in its lending and capital markets operations. It’s ironic that the largest crypto exchanges aren’t on blockchain–we aim to change that,” states Figure Markets CEO, Mike Cagney.
An IMF team is currently in Islamabad to discuss the release of the final $1.1B tranche. Meanwhile, the finance ministry’s premature verdict has sparked discontent, awaiting the IMF’s full review.
“The biggest challenge to crypto adoption is fraud. Merchants and consumers are reluctant to transact with digital currency in a business environment where crypto fraud is rampant,” states Merkle Science CEO, Mriganka Pattnaik.
Elixir’s journey from a $100 million valuation in October 2023 to a staggering $800 million in its latest Series B round reflects the burgeoning demand for efficient on-chain trading environments.
“At Bluwhale, wallet holders can take control of their digital profile and decide if they want to receive communication, and at the same time take a cut of the outreach spending.” states Bluwhale CEO, Han Jin.
“This initiative will pave the way for a more robust Web3 space, where AI and blockchain will unlock new possibilities and redefine what is possible in the digital domain,” states Ilan Rakhmanov, CEO and Founder of ChainGPT.
This milestone underscores a significant shift in the investment landscape, with Bitcoin and other digital assets increasingly being embraced by mainstream financial institutions.