tl;dr

• Federal Reserve Governor Kugler says there is a strong chance at future rate cuts and that she voted strongly in favor of the 50bps cut; everything is data dependent• Premier League clubs have secured $170 million in crypto sponsorship deals for the 2024/25 season, filling the gap left by the ban ...

• Federal Reserve Governor Kugler says there is a strong chance at future rate cuts and that she voted strongly in favor of the 50bps cut; everything is data dependent
• Premier League clubs have secured $170 million in crypto sponsorship deals for the 2024/25 season, filling the gap left by the ban on gambling ads.
• Comcast experienced another data breach, affecting over 237,000 customers and exposing sensitive data, marking the second major breach in under a year.
• Traders are watching U.S. Consumer Price Index (CPI) data closely, as it could impact Bitcoin’s price movement, with inflation data influencing Federal Reserve rate decisions.
• Bitcoin ETFs saw inflows of over $235 million, led by Fidelity with $104 million, as renewed demand could drive Bitcoin’s price higher despite an early October slump.
• Crypto scammers are moving away from the TON blockchain due to a lack of high-value targets and are now targeting Bitcoin for more lucrative scams.
• A top analyst predicts Chainlink’s price could surge to $159.54 by Q2 2025 if its market cap reaches $100 billion, driven by Chainlink’s expanding ecosystem and role in the crypto space.
• Experts warn that Bitcoin ETF options could trigger a super cycle for Bitcoin, leading to increased volatility rather than curbing it, as demand for options continues to grow.

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 17 Oct 24
 17 Oct 24
 17 Oct 24