Crypto News: Rate Cuts Coming, BTC, Pavel Durov, SOL, Fetch.AI & MORE!
Published: 2024-08-26
Status:
Available
|
Analyzed
Published: 2024-08-26
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Federal Reserve is expected to implement a rate cut and pivot in September, with the market debating whether it will be 25 or 50 basis points.
"it seems like it's all but guaranteed we're going to have a uh cut and a pivot in September and now the question is well how many are we going to be 50 basis points or 25 basis points"
Pending
Interest rate futures indicate a 60% chance of a 25 basis point Federal Reserve rate cut and a 36% chance of a 50 basis point cut, with markets leaning towards the smaller cut.
"the interest rate Futures markets are currently pricing in about a 36% chance of a 50 basis point okay and um you know 60 something of a 25 basis point cut so it seems like the markets are kind of like angling towards a 25 basis point cut"
Pending
A senior policy advisor for Kamala Harris's campaign stated that she plans to support policies aimed at expanding the crypto industry.
"there are she does plan to support policies to expand the crypto industry now this is according to an Aid senior campaign adviser for policy to the Harris campaign"
Pending
According to a campaign advisor, Kamala Harris will support policies for emerging technologies, including crypto and blockchain.
"she's going to support policies that ensure that emerging Technologies and that sort of Industry so whatever you guys you know AI you know crypto you know blockchain whatever you got stuff yeah she'll do something for you guys I'm sure"
Pending
Top Democrats in the Senate, including Chuck Schumer, are reportedly looking to pass legislation related to stablecoin regulation within their current term.
"some top Democrats in the Senate are getting on board with this kind of stuff CH Chun Schumer has has pretty much said was that at the was that at the Round Round Table yeah he was there he was he sort of said that he wants to get this done in this in you know in this term"
Pending
The endorsement of Trump by RFK Jr. suggests that crypto may remain on the agenda if Trump wins the election, potentially through RFK Jr.'s inclusion in his administration.
"Trump has made these Pro crypto noises and that's great but obviously actions speak louder than words will he forget about the crypto industry if when he gets into the White House so I guess the idea that RFK Jr might be a part of his administration if he becomes president suggests that crypto may stay on the agenda"
Pending
The Bitcoin options market shows a significant open interest in call options with strike prices above $70,000 and $80,000, suggesting speculation that Bitcoin's price could reach these levels by the election date, possibly due to a Trump victory.
"the majority of the strikes are above 70,000 70,000 80,000 and Beyond so it's interesting to see that you know obviously polym Market's one way to view to place a bet on the potential election but another thing is to see what's going on when the options markets and it looks like people think that we could potentially be above 70 80,000 um at the um you know at that time which could only mean you know markets ring because of a win from Trump"
Pending
The arrest of Pavel Durov and potential curbs on Telegram raise questions about the future adoption potential of TON coin, given its historical integration with the platform.
"the question then is okay well what does this what does this mean for the adoption potential of ton coin if there's going to be potential curbs on telegram will you know what what's the what's telegram going to look like depending on what happens with with marble and all that and how close you know how close is that relationship of ton coin to Telegram"
Pending
Based on Brazil's timeline for a spot Bitcoin ETF, a Solana ETF in the US might be three years away.
"if Brazil introduced a spot Bitcoin ETF in 2021 that would suggest we've got three years to wait three years yeah so they are three years until the uh until the Solana ETF"
Pending
The UAE has legalized salary payments in cryptocurrency.
"the UAE legalizes salary payments in crypto"
Pending
A Dubai court has recognized cryptocurrency as a valid form of salary payment.
"Dubai Court recognizes crypto as valid salary payment"
Pending
Tether is launching a stablecoin pegged to the UAE Dirham (AED).
"tether is launching an AED a Durham a Durham Peg stable coin as well"
Pending
Russia is reportedly planning to launch its own state-backed cryptocurrency exchange that will support BRICS currencies for international trade.
"Russia is reportedly planning a crypto its own sort of I think state-backed crypto exchange that will support various brics currencies and crypto of course"
Pending
By 2025, central banks may begin accumulating cryptocurrency, according to the Bank for International Settlements (BIS).
"next year we'll also have the potential for central banks to stack um crypto um 2025 when the bis said that they could start stacking crypto"
Pending
According to an article quoting Ben Cowen, Bitcoin's dominance could potentially rise back to 70%.
"Ben Cowen will be delighted about well I mean this article I think from coin Telegraph actually quotes Ben doesn't it it quotes Ben it's right realized the Mr Bitcoin dominance himself is making the news right and it's so what Bitcoin he's saying that Bitcoin could go back up to 70% again"
Pending
Ben Cowen predicts Bitcoin dominance could reach 60% by the end of the year, but fall significantly in 2025, potentially signaling the start of an altcoin season.
"he said that basically it's going to could go up to 60 by the end of this year but next year he sees it falling a lot um in 2025 and that's obviously well when altcoin do when Bitcoin Domino starts falling it's Alin coin dominance picking up um or altcoin season potentially a precursor to altcoin season"
Pending
A decline in Bitcoin dominance towards the end of the year could signal the beginning of an altcoin season.
"if Bitcoin dominance does start falling towards the end of the year well you know then we can altcoin season baby"
Pending
Cardano's Chang hard fork, a governance upgrade, is scheduled for Tuesday, transferring control of the blockchain from Input Output Global (IOG) to ADA holders.
"tomorrow on Tuesday we have a crypto specific thing it is cardano's uh Chang hard Fork um this has been eagerly anticipated by the cardano community as I'm sure you can imagine it's mainly a governance upgrade so control of the blockchain is going to move from input output Global iog and it's going to move over to adaah Holders"
Pending
Nvidia's earnings report on Wednesday is a significant event for the stock market, with a focus on the company's performance and its outlook on AI.
"Wednesday we've got the uh obviously as we mentioned the Nvidia earnings right this is a massive event for the stock markets right it's um obviously everyone's focused on this because not only for what it means for nvidia's you know the earnings for the company itself but what they're going to do around say around Ai"
Pending
The Personal Consumption Expenditures (PCE) index, the Federal Reserve's preferred inflation measure, will be released on Friday.
"Friday it is uh the pce the personal consumption expenditures index that is the fed's uh favorite preferred uh measure of inflation"
Pending
South Korean Blockchain Week begins on Sunday, and it is expected that Sui may make some announcements during the event.
"and then on Sunday it is the career blockchain week right yeah that begins so this is going to be obviously uh this could be a few announcements I know the sui potentially making some announcements there"
Pending