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Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point

Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years.The price of bitcoin was recently higher by 5% at $63,

Fortune on MSN · 1d

Magnificent Seven stocks are riding high again after Fed cut

If the Fed does fail to achieve a “soft-landing,” Nvidia, Tesla and others can be viewed as a potential defensive play for investors.

Reuters on MSN · 2d

Dollar slips in choppy trading as traders grapple with Fed's giant rate cut

Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, with money markets pricing in around a 65% chance of a 50 basis point (bp) cut.

MicroStrategy, Bitcoin

Inside Bitcoins · 22h

Bitcoin Price Prediction: MicroStrategy Buys Another $458M BTC As Experts Say This New ICO Might Be The Best Crypto To Buy Now

This comes as Michael Saylor’s MicroStrategy announced that it had purchased an additional $458 million worth of Bitcoin. After purchasing the 7,420 BTC, the company confirmed that it now holds a remarkable 252 BTC acquired at an average cost of $39,266.

Business Insider · 1d

MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B

The company purchased 7,420 bitcoin between September 13 and 19 for at an average price of $61,750.The firm upsized this week's convertible note

Bloomberg L.P. · 1d

MicroStrategy Raises $1 Billion to Buy Bitcoin, Redeem Notes

MicroStrategy Inc. said it raised $1.01 billion through the sale of convertible senior notes to purchase more Bitcoin and redeem higher yielding securities.

Donald Trump, Bitcoin

Hosted on MSN · 1d

Trump's crypto burger stunt draws increased attention to bitcoin

At the venue, Trump exhorted supporters to vote in November, and reminded the bitcoin community that he was committed to creating a more pro-crypto regulatory environment. For PubKey co-owner Thomas Pacchia,

Newsweek on MSN · 2d

Bitcoin Bump After Trump Uses Crypto to Buy Dinner

"It goes quickly and beautifully," the former president said, after buying beers and burgers with the cryptocurrency on Thursday.

Forbes · 5d

Trump’s Crypto Gamble Threatens Bitcoin Policy Progress

Trump's new DeFi project ties his name to crypto rather than bitcoin, threatening to confuse and alienate his supporters — both bitcoiners and his conservative base.

The Daily Hodl1d

‘Most Reliable’ Bitcoin Signal Flashing Green, According to Crypto Analyst Kevin Svenson – Here’s His Outlook

Analyst and trader Kevin Svenson is saying that a historically accurate signal is once again flashing bullish for Bitcoin ...

blockonomi2d

Bitcoin Will Hit $1 Million When This Happens – Here’s What Crypto Strategists Say

Crypto experts have made a bold prediction about Bitcoin’s future price. They believe a specific event could propel Bitcoin ...

‘Shock And Awe’—China Could Be About To Trigger A $1.4 Trillion Bitcoin And Crypto Price Earthquake

Economists are calling for China to unleash $1.4 trillion worth of "shock and awe" stimulus that could kick start the economy ...

Crypto Briefing1d

BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets

BNY Mellon may receive SEC approval to custody Bitcoin, potentially setting a precedent for other banks in the crypto space.

The Daily Hodl2d

Bitcoin on the Cusp of Breakout Into Parabolic Phase, Says Crypto Analyst – Here’s the Timeline

A cryptocurrency analyst and trader is saying Bitcoin (BTC) is on the verge of entering a bullish phase over the coming weeks ...

4don MSN

How To Cash Out Your Crypto or Bitcoin

Discover how to cash out Bitcoin and crypto so you can tap into capital gains, diversify your portfolio or achieve another ...

USA Today4d

Best bitcoin and crypto wallets for September 2024

Select bitcoin pairs even trade for free ... Supports a wide range of crypto projects. A well-reviewed mobile app for Apple and Android. Cons Binance.US exchange isn’t available in all 50 ...

CoinDesk on MSN2d

Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, ...

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