Daily Crypto NewsEDITION #1119, 18 December

Fed?

Today, in 1958, the first communications satellite was launched. Thanks to these satellites, we can send each other profit screenshots, GIFs, and insults in crypto chats. Cheers to that!

Now, let’s get straight to the point — because we value your time. And time is Moni.

What’s up? 

Today, the Fed is holding a meeting where they’ll likely lower the interest rate by another 25 basis points.

Lowering the rate is a double-edged sword. On one hand, more money flows into the markets, boosting crypto prices. On the other, a stronger dollar hurts countries like Japan.

Overall, we see this: crypto will likely rise, but global economic instability is inevitable. Brace yourself for turbulent times and profit from the bull run while it lasts.

Meanwhile, inflows into ETFs keep coming:

BTC: $493.9 million

ETH: $144.7 million

Very, very good!

Other Important News:

– Who missed the PENGU airdrop yesterday? Grab it!

– Following TON, Arkham added Dogecoin to their platform.