Listen "Fed Rate Cut Creates Volatility as Solana ETFs Surge and European Bitcoin Reserve Race Begins"
Episode Synopsis
On today's episode: The Federal Reserve cut interest rates by twenty-five basis points but Chair Jerome Powell's hawkish comments triggered major crypto market volatility, with Bitcoin and Ethereum ETFs seeing over five hundred million dollars in outflows. Meanwhile, Solana's debut spot ETFs shattered records with eight hundred million in first-day inflows, Western Union announced a major stablecoin launch on Solana, and France unveiled plans to accumulate two percent of Bitcoin's total supply as a national reserve. We also cover institutional moves including Mastercard's pursuit of Zero Hash for up to two billion dollars, Consensys' IPO plans with JPMorgan and Goldman Sachs, and regulatory developments shaping the crypto landscape. Bitcoin is currently trading at one hundred ten thousand one hundred eight dollars, Ethereum at thirty-eight hundred ninety-three dollars, and Solana at one hundred ninety-two dollars. Let's dive into the biggest stories from the cryptoverse.
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