PDAXScope: Bitcoin pumps as Fed hints interest cuts for 2024

(December 14) BTC and other top coins gain momentum as highly anticipated Fed hint on interest rate cuts for 2024; ‘Digital assets are commodities,’ CFTC chairman says. Check the latest news and updates in the crypto space today.

Crypto News: 

-> Crypto and mainstream markets rally after Fed foreshadows 2024 interest rate cuts

-> Bitcoin’s resilience shines amid price correction, eyes USD 44,000 breakout

-> SEC pushes deadline for decision on Invesco Galaxy spot Ethereum ETF to 2024

-> Cardano witnesses USD 1.5B whale transactions surge as ADA price shines green

-> FTX bankruptcy judge takes step to shorten timeline for customers' recoveries

-> Bitcoin likely trades ‘significantly Higher’ in next 18 months– analyst

-> JPMorgan says ETH will likely outperform BTC next year

-> US Senator Warren proposes stricter crypto regulations 

-> SEC meets with Blackrock, Fidelity, Franklin Templeton, and Grayscale to discuss spot Bitcoin ETF Applications

Finance Today

-> Sticking to growth targets vital—NEDA

-> ADB keeps PH growth forecasts unchanged for 2023 and 2024

-> Wholesale prices hold steady in October

NFT Updates

-> NFT market shows signs of recovery with increased trading volume

-> Jimmy Kimmel mocks Trump over mugshot NFT

-> Worldline sets sights on metaverse e-commerce market

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