On “Markets Daily”, Kaiko Research Analyst Adam Morgan McCarthy shares his outlook on the overall crypto market under the influence of a potential Fed interest rate cut and the upcoming U.S. election. Plus, the significance of liquidity as an indicator. This content should not be construed or relied upon as investment advice. It is for […]
“CoinDesk Daily” host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July. Plus, Singapore is investigating seven people for offering Worldcoin services, and India and Nigeria top the world in terms of grassroots crypto adoption. #cryptocurrency
According to data from Kaiko, BTC’s cumulative trading volume amounted to $2.87 trillion from January to August. That’s nearly 20% higher than the volume of $2.424 billion registered in the first eight months of 2021 and the highest since 2012. CoinDesk’s Jennifer Sanasie presents the “Chart of the Day.” #cryptocurrency #digitalfinance #finance #bitcoin #cryptoSubscribe to
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The U.S. jobs report from last Friday seems to have set the stage for the Federal Reserve to start cutting interest rates but 10x Research warns that the supposedly bullish liquidity easing cycle may not be great for crypto if the Fed cuts rates by 50 basis points. CoinDesk’s Jennifer Sanasie presents the “Chart of
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