El Salvador has reached a staff-level agreement with the International Monetary Fund (IMF) for a $1.4 billion Extended Fund Facility (EFF) arrangement. The 40-month deal aims to address the country’s fiscal challenges while supporting economic reforms and long-term growth. El Salvador’s IMF Deal Includes Bitcoin, Tax, and Fiscal Reforms As… Listen ⇢

Darius Baruo Dec 19, 2024 04:20 BitMEX announces the upcoming listing of USUALUSDT perpetual swaps, offering traders up to 50x leverage. The new trading pair will be available on December 19, 2024. BitMEX, a leading cryptocurrency exchange known for its leverage trading offerings, has announced the impending launch of a… Listen ⇢

The Federal Reserve has cut interest rates by 25 basis points yesterday in a widely expected move, yet markets crashed after its Chair Jerome Powell suggested a potential easing of the interest rate-cutting cycle next year. Powell’s comments led to a wide sell-off in risk assets across both the cryptocurrency… Listen ⇢

Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, in a press release sent to Bitcoin Magazine. 700,000,000 satoshis (7 BTC) currently worth $706,000 at the time of writing, is being granted across 20 different projects around the world focusing on technical education for… Listen ⇢

Este artículo también está disponible en español. The broader crypto market experienced a pronounced downturn following yesterday’s Federal Open Market Committee (FOMC) meeting, held on December 18. After the US Federal Reserve delivered a 25-basis-point rate cut as anticipated, it also signaled fewer cuts in 2025 than previously expected. In… Listen ⇢

Dubai, United Arab Emirates, December 19th, 2024, Chainwire Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities.  The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only… Listen ⇢

Late Wednesday (U.S. hours), Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, took to the social media platform X to comment on the Fed’s announcement and its impact on the crypto market. On Wednesday, the Fed announced the decision of the Dec. 17-18 meeting of its Federal… Listen ⇢

Binance.US has announced plans to reintroduce USD services in early 2025, signaling a major operational shift after a prolonged period of restricted banking access. The move, which comes amid growing optimism about potential changes to US crypto policies, marks a pivotal moment for the exchange following a tumultuous year. Binance.US… Listen ⇢

Prominent crypto market commentator and former BitMEX CEO Arthur Hayes predicts a “harrowing dump” in the digital assets market around President-elect Donald Trump’s inauguration. However, Hayes adds that the anticipated market crash will likely be followed by a strong bullish trend reversal. Hayes Warns Against Overblown Expectations From Trump Renowned… Listen ⇢