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Republican Senator Cynthia Lummis has proposed a bill that would allow the U.S. to partially sell its gold reserves to invest in Bitcoin. The plan is for the U.S. to acquire 1 million BTC — about 5% of its total supply. At current market prices, such a purchase would cost approximately $90 billion.. 
On November 7, the Fed announced a 25 basis point cut in the interest rate, bringing it to a range of 4.5-4.75%, aligning with market expectations. This move marks the second consecutive reduction in 2024 following a period of sustained high rates. 
On November 5, voters across the U.S. will decide their next president in a contest that’s also attracting significant attention from the crypto sector. With Donald Trump and Kamala Harris running neck and neck, early results may be available as soon as the evening of November 6. 
BTC, ETH, and Altcoin Weekly Market Analysis
The U.S. presidential elections have sparked significant market activity, sending crypto prices soaring. With historic highs approaching, traders are asking: what’s next and where should they focus? Get insights in our technical analysis of BTC, ETH, SOL, ENA, TAO, RENDER, SEI, and APT. Trading Basics: The Power of Moving Averages
If you’re aiming to interpret market trends accurately, moving averages are your go-to tool. We explore how this vital technical analysis instrument can guide you in identifying trends and making informed trading decisions. Learn the practical application of various moving averages. 
On November 6, Dogecoin (DOGE), one of the first and most iconic meme coins, shot up by more than 20% as Donald Trump surged to the front in the U.S. presidential race. DOGE is now poised to challenge XRP for the #7 spot in the crypto market rankings. 
Expert Tips for Avoiding Scams and Phishing Attacks
In today's financial landscape, digital assets are playing an increasingly significant role, offering new opportunities but also presenting unique challenges. As the cryptocurrency market grows, so does the complexity of the risks associated with it. The importance of strong security measures has never been greater, especially as hackers and scammers continue to evolve their tactics. 