Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K

September 18, 2024 Leave a Comment

Market participants were uncertain about the size of rate cut prior to the Fed meeting, laying the groundwork for volatility on the markets.

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Billionaire Changpeng Zhao pleaded guilty to enabling money laundering before president freed him last monthDonald Trump has said that he doesn’t know who Changpeng Zhao is despite pardoning the billionaire founder of cryptocurrency exchange Binance in October.The US president was asked in a 60 Minutes interview that aired on Sunday why he pardoned Zhao, who […]
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Trump pardons founder of Binance, world’s largest crypto exchange October 23, 2025
Changpeng Zhao pleaded guilty to failing to stop money laundering in 2023 and was sentenced to four monthsDonald Trump issued a pardon for the founder of the world’s largest cryptocurrency exchange on Thursday.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden administration in their war […]

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Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K

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