The $2.99 floor held on repeated defenses, leaving price boxed between $2.99 and $3.05 while ETF deadlines and rate speculation loom. Source: coindesk.com (Read Full Article)
“Bank of Canada Cuts Interest Rates by Quarter Point, Setting New Overnight Rate at 2.5 Percent”
The Bank of Canada has decreased its interest rates by a quarter point, bringing the target for the overnight rate to 2.5 percent. The Bank Rate is now 2.75 percent and the deposit rate is 2.45 percent. This decision comes after the Bank maintained rates for three consecutive meetings. [Original Post] Generated by DMK News Bot
India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report
The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said. Source: coindesk.com (Read Full Article)
MetaMask Confirms $30M Rewards Program, Links to Future Token
MetaMask’s rewards initiative aims to boost activity on Consensys’ Linea network and integrate its mUSD stablecoin. Source: coindesk.com (Read Full Article)
Fasset Wins Malaysia License to Launch First Stablecoin-Based Islamic Digital Bank
Approval lets Fasset offer full-service, Shariah-compliant digital banking backed by stablecoins Source: coindesk.com (Read Full Article)
Bitcoin Breaks $126K, What For XRP, ETH, ADA as Shutdown Fears Keep Bulls in Control
Exchange balances have fallen to a six-year low of 2.83 million BTC, with 170,000 withdrawn in the past month, signaling coins moving off exchanges and into longer-term storage. Source: coindesk.com (Read Full Article)
HumanoidExo Turns Human Motion Into Data That Teaches Robots to Walk
The new system uses a wearable exoskeleton to record human motion and teach humanoid robots complex, full-body skills. Source: decrypt.co (Read Full Article)
FOMOing into Bitcoin? Check Out These Bullish BTC Plays Favored by Analysts
Bitcoin has surged to record highs above $126,000, consistent with the bullish seasonality. Source: coindesk.com (Read Full Article)
Uniswap, Aave Lead DeFi’s Fee Rebound to $600M as Buybacks Take Center Stage
Protocols are trying to make token design matter again and are actively routing value back to holders. Source: coindesk.com (Read Full Article)
VanEck Sees Bitcoin Reaching Half of Gold’s Market Value—But When?
VanEck forecasts Bitcoin could capture half of gold’s $26 trillion market cap, though analysts say such valuations could take years. Source: decrypt.co (Read Full Article)