The Federal Open Market Committee (FOMC) convened on Wednesday, March 20, 2024, announcing a decision to maintain the federal funds rate unchanged for the foreseeable future. Emphasizing a cautious approach, the committee stressed its reluctance to lower the target rate until there is a notable assu

Amid Bitcoin's decline to the lower end of the $60,000 territory, market sentiments have swiftly turned bearish, coinciding with spot Bitcoin ETFs recording their highest daily net outflows.Source: www.bloomberght.comFarside Investors, a U.K.-based investment management firm, reported that spot Bitc

SEC Aims to Classify Ether as a SecurityThe United States Securities and Exchange Commission (SEC) is probing companies with subpoenas, focusing on their efforts to classify Ether as a security. These subpoenas demand documents and financial records linked to their transactions with the Ethereum Fou

The Saudi Arabian government is currently exploring the idea of establishing a $40 billion investment fund dedicated to advancements in artificial intelligence (AI). This monumental fund, which could potentially launch in the latter half of the year, aims to become a major force in the global AI lan

Overview:Catch up the highlights from March 1 to March 15, 2024. Over the past fortnight, Bitcoin prices have once again surged to new highs, signaling a strong resurgence in the cryptocurrency market. During this period, FameEX has continued to offer its platform users a wider selection of premium

With a 20% decline in ETH price over the last week, futures data indicates that investors still have faith in the bullish trend.Source: money.comBetween March 3 and March 13, Ethereum's price surged by 20%, reaching a double top formation of around $4,100. However, after facing rejection for the sec

Globe's Biggest Pension Fund Considers Diversifying with Bitcoin InvestmentThe Government Pension Investment Fund (GPIF) of Japan, recognized as the world's largest pension fund, is considering Bitcoin for investment diversification. Facing evolving challenges, GPIF has initiated a five-year researc

1. Market TrendFrom Mar. 14 to Mar. 17, the BTC price swung from $64,533.00 to $73,777.00, a 14.32% range. Recently, BTC has experienced a noticeable pullback at the daily level, reaching as low as around $64,500. In the short term, a BTC correction is inevitable, with a significant amount of profit

The Dubai International Financial Centre (DIFC), a premier financial hub in the Middle East, Africa, and South Asia (MEASA) region, has made a significant stride in the fintech sector by enacting a groundbreaking Digital Assets Law. This innovative legislation marks a comprehensive overhaul of the D

Bitcoin's price has rebounded to the $68,000 mark following a sharp decline. The intensity of the upcoming rally will decide if the consolidation phase has ended.Source:www.trthaber.comBitcoin experienced a turbulent week, soaring to a fresh record peak of $73,777 before swiftly retracting all gains