Investors Believe the US Fed Will Pause Rate Hikes + More News

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By BitcoinWiki News

Key Takeaways:

– Investors believe the US Fed will pause rate hikes with a 78 percent likelihood of an interest rate cut by the end of 2024
– Bitcoin reached a new year-to-date high of over $41,646 on December 4
– The Sandbox and Warner Music Group announced a new gaming experience for hip-hop fans
– Bitget launched the TraderPro program to identify elite traders without investing real money
– Folks Finance became the first platform to offer tokenized gold and silver, powered by Algorand


Section 1: Investors Believe the US Fed Will Pause Rate Hikes – Bitfinex Analysts
In this section, the article discusses the latest Bitfinex report, which indicates that financial markets are leaning towards a potential interest rate cut by the US Federal Reserve. The report also mentions that Bitcoin has reached a new year-to-date high.

Section 2: Bear Market Applies ‘Fruit-Fly Crypto-Founder’ Filter, Says NFX’s Morgan Beller
Morgan Beller, a general partner at NFX, talks about how the bear market has filtered out certain types of crypto founders from the market, leaving only those who genuinely care about solving real problems and are not just looking to capitalize on the market trends.

Section 3: The Notorious B.I.G. Lives On in the Metaverse
This section discusses the launch of a new experience in a decentralized gaming virtual world called “Breakin’ B.I.G.” This game is designed as a tribute to the late rapper The Notorious B.I.G. and incorporates elements of his life and music into the virtual experience.

Section 4: Bitget Revales TraderPro Program with Zero Investment, Dual Profit-Making Reward
Crypto exchange Bitget has launched the TraderPro program, which allows users to become elite traders and earn rewards without investing real money. The program is divided into two phases, and traders who stand out will be highlighted and labeled with special badges.

Section 5: European DeFi Platform Starts Offering Tokenized Gold and Silver
The article talks about how the decentralized finance company Folks Finance has become the first platform to offer digital gold and silver to a wider audience. These tokens are backed by physically secured gold and silver, bringing traditional financial assets into the DeFi space.

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