Cardano Founder Applauds SEC Approval of Grayscale’s ETF Conversion of GDLC Which Includes ADA

The post Experienced CEO Says, “The Effect of the Interest Rate Cut Will Emerge Over Time,” Reveals Bitcoin and Ethereum Price Forecast appeared on BitcoinEthereumNews.com. The interest rate cut announced by the FED yesterday did not have the expected impact on the cryptocurrency market. While the price of BNB reached an all-time high of $1,000, the prices of major cryptocurrencies like Bitcoin and Ethereum remained largely flat. Analysts say this suggests investors lack confidence that the Fed is truly shifting to a looser monetary policy path. Wave Digital Assets CEO David Siemer stated that he expects the effects of the interest rate cut to be seen over time, saying, “Bitcoin could rise to approximately $130,000 by the end of the year, while Ethereum could rise to $6,000.” However, experts say a single interest rate cut wasn’t enough to generate market excitement. “A rate cut is a tailwind, but it doesn’t create a paradigm shift in the market,” said Ira Auerbach, president of Tandem, a subsidiary of Offchain Labs, and a former Nasdaq executive. “The direction is in crypto’s favor, but a single move doesn’t determine the trend.” Stocktwits market strategist Tom Bruni, however, stated that investors had already priced in the news, interpreting the current stagnation as a sell-off. Galaxy manager Chris Rhine similarly argued that the interest rate cut was already priced in, and the market was focused on future directions. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/experienced-ceo-says-the-effect-of-the-interest-rate-cut-will-emerge-over-time-reveals-bitcoin-and-ethereum-price-forecast/

PANews reported on September 19 that Google (GOOG.O): In order to maintain its leadership in artificial intelligence, the patent system must evolve.

PANews reported on September 19th that Mega Matrix Inc. ( MPU ) announced it has accumulated approximately $ 6 million in ENA tokens , with an additional $ 3 million invested in the past week, totaling 8.46 million ENA tokens at an average cost of $ 0.7165 per token. The company stated it will continue to increase its holdings weekly based on market conditions, furthering its stablecoin governance token ( DAT ) reserve strategy. Mega Matrix , headquartered in Singapore, also operates the short video platform FlexTV .