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- 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Crypto analyst says ATH is approaching for two altcoins
Cryptocurrency analyst Altcoin Sherpa highlighted two altcoins.
In a post on X, Altcoin Sherpa claimed that STX could rise above $1.73, which it has not reached for nearly two years. The analyst also pointed out that the asset could see its ATH level.
STX managed to briefly touch $1.73 and then pulled back again. The token reached its ATH level in December 2021 at $3.39.
The asset is trading at $1.68 at the time of writing.
Another cryptocurrency highlighted by the analyst was LDO.
Taking a look at the asset's chart, the trader suggested that LDO would rise above the $3.89 it reached in April 2022. The token had made an ATH of $7.30 in August 2021.
At the time of writing, LDOU is trading at $3.15, according to data from CoinMarketCap.
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