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Focus Shifts to Interest Rates, Bitcoin ETFs in 2024

Although Federal Reserve Chair Jerome Powell didn't explicitly state "mission accomplished" last week, that's essentially what the markets took in on Wednesday.

December 18, 2023

The Federal Open Market Committee (FOMC) meeting in December revealed 75 basis points of cuts anticipated in 2024, which caused the Dow to reach an all-time high and the 10-year yield to drop below 4% for the first time since late July.

The market euphoria eased a bit on Friday, but the Fed's pivot will drive markets for the rest of the year and next.

Stars Aligning for Crypto Bets

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What is the Fair Value of Bitcoin?

What is the Fair Value of Bitcoin?

According to two staff members of the European Central Bank, Bitcoin is still a harmful phenomenon with no inherent worth, even if it has been approved as an asset to be included in ETFs in the US. The OG cryptocurrency just crossed its two-year high today, sitting at $56,287

ETF Hype Pushes Ether to 2-Year Highs

ETF Hype Pushes Ether to 2-Year Highs

Anticipation for US spot crypto ETFs shifts focus to Ethereum, with investors eyeing Ether's outperformance over Bitcoin amid rising demand and potential legal challenges, despite regulatory hesitations and concerns over ecosystem centralization.