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20 Dec 2024

FOMC Sends Markets Tumbling

An expected 25 basis point rate cut sends markets tumbling... but that's not all that happened this week!
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FOMC Sends Markets Tumbling
Markets tumble despite an expected 25 basis point rate cut. FTX announces it will begin repayments in Q1 2025. The SEC approves the first mixed BTC and ETH ETFs, and Craig Wright dodges prison time. In Trending Topics, Coinbase and BiT Global lawyer up, and the IMF pressures El Salvador to reign in BTC activities.
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