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What Do Fed Rate Cuts & Election Aftermath Mean for Markets?

A bullish surge and promising liquidity signals encourage optimistic outlook!

Author

Austin Hodge
November 08, 2024 • Read Time: 13 minutes

The Federal Reserve’s decision to trim rates by 25 basis points has sent a jolt through the financial markets, catapulting Bitcoin to an unprecedented all-time high of $76.7K. This dramatic surge mirrors the positive after-effects of Trump’s fresh term, promising bold economic & pro-crypto strategies. As traditional institutions make moves, will we see a corresponding influx of liquidity amidst the bullish outlook? What's next for the crypto world in this era of economic and financial revolution?

Let's dive in!

  • Fed slashes interest rates by 0.25% as Bitcoin hits $76.7K, buoyed by Trump's economic policies. — Read More

  • El Salvador's leader discusses Bitcoin strategy with Trump. — Read More

  • Economists predict euro could slide to match US dollar if Trump is re-elected. — Read More

  • Powell likely to remain Fed Chair until 2026 under Trump's presidency, despite their rocky history. — Read More

  • African farmers find new financial solutions with Blockchain and crypto transforming their access to markets and financing. — Read More

  • Crypto.com launches a new 'Level Up' rewards program with added service integration. — Read More

  • Detroit will accept crypto payments for taxes and city fees via PayPal by mid-2025 becoming the largest US city to do so. — Read More

  • UBS's blockchain solution, UBS Digital Cash, enhances cross-border payment efficiency and security for clients. — Read More

  • Deutsche Bundesbank partners with Singapore's Project Guardian to enhance asset tokenization and cross-border financial collaboration. — Read More

  • China's central bank introduces a digital yuan card, enabling both online and offline transactions with dynamic QR codes. — Read More

  • SDAO, KEY token-holders approve merger creating Singularity Finance, a Layer-2 AI tokenization ecosystem. — Read More

  • Italy’s economy minister mulls revising proposed 42% crypto capital gains tax after intra-party opposition, signaling growing crypto adoption in the country. — Read More

  • Blockchain is emerging as a solution for secure elections amid declining trust in traditional systems. — Read More

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Galaxy Digital Eyes AI Amid Bitcoin Mining Revenue Drop

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UK Lords Back Digital Assets Property Bill

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US Elections Boost Crypto Industry Hopes

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California Strips BlockFi of Lending License After Bankruptcy

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African Payment System Gains Support Amid Viability Concerns

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Boerse Stuttgart Digital Teams Up with Fenergo for Streamlined Crypto Compliance

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Swiss Central Bank Views Bitcoin as 'Niche Phenomenon'

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