EPISODE · Sep 19, 2024 · 16 MIN
Fed Cuts Rates, Trump Flips on Bitcoin, and SUI Skyrockets 36%
from RARE BITS · host beatbroker
Ethereum Whale Makes $13.1M Move as Google Cloud Enters Web3 Arena Summary: The Federal Reserve's 50 basis point rate cut propelled Bitcoin to $60,900, while SEC Chair Gensler doubled down on warnings to crypto exchanges. SUI token surged 36% to $1.18, attracting investor attention. Donald Trump made headlines by purchasing burgers with Bitcoin during a campaign stop. Google Cloud launched a blockchain RPC service, signaling increased Web3 adoption. An Ethereum whale bought 5,660 ETH worth $13.1 million, despite bearish market sentiment. Benjamin Cowen predicts Ethereum may be nearing its bottom against Bitcoin. Meanwhile, Doodles partners with Spin Master for Rubik's Cube's 50th anniversary, and the Catizen Telegram game faces backlash over its upcoming CATI token launch on TON. HOW CAN I SUPPORT YOU ASK? SUBSCRIBE:RARE BITS PODCAST WATCH: RAREBITS LIVE YOUTUBE READ: RARE BITS SUBSTACK Follow on X: BEATBROKER RARE BITS LIVE GET SOME MERCH RARE BITS GEAR:RARE BITS MERCH
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Fed Cuts Rates, Trump Flips on Bitcoin, and SUI Skyrockets 36%
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