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PDAXScope: Bitcoin pumps as Fed hints interest cuts for 2024

PDAXScope Crypto News

(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

DISCLAIMER: PDAX would like to reaffirm that the statements in this article do not constitute financial advice. PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems.  Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.  

External links are provided for convenience and for informational purposes. They are not statements of PDAX and PDAX bears no responsibility for the accuracy, legality or content of said links.

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

The Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels: 

Email: consumeraffairs@bsp.gov.ph; 

Webchat: http://www.bsp.gov.ph (click webchat feature); 

Facebook: https://www.facebook.com/BangkoSentralngPilipinas; 

Direct Line: (02) 5306 2584 / (02) 8708 7087;

 Trunk Line: (02) 8708 7701 loc. 2584;  or 

SMS: 21582277 (for Globe subscribers only). 

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.

About PDAX

PDAX is a BSP-licensed exchange where you can trade Bitcoin, Ethereum, and other cryptocurrencies directly using PHP!

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