Collective Shift
Welcome to the Collective Shift podcast, where we aim to help you save time and get ahead in the world of cryptocurrency. In each episode, we cover the latest crypto developments and trends, discussing important headlines and introducing exciting new projects. We understand that crypto can be overwhelming, which is why we strive to provide clear and concise information to help you make informed decisions. So join us as we delve into the intersection of finance and tech, and learn how you can use crypto to stay ahead of the curve.
Collective Shift
U.S. Rate Cuts; Busy September Awaits & Altcoin Updates
Join Matt and Nick as they cover the Federal Reserve's plan to cut rates, the arrest of Telegram’s co-founder and what it means for TON, Marathon becoming a new buyer of Bitcoin (BTC), and more.
Key Takeaways
- Crypto rallied after the U.S. central bank all but confirmed it’d cut rates in September. It remains unclear whether the cuts will be 25 basis points or 50 basis points.
- Telegram’s co-founder and CEO, Pavel Durov, was reportedly arrested by French authorities, crashing the price of TON. While Telegram has not been involved in TON for a few years, the market still treats TON as if it is Telegram’s cryptocurrency. This is unlikely to change any time soon. Therefore, events related to Durov may affect price in the short term.
- September will feature a number of key events, including the first presidential debate between Trump and Harris (Sep. 10) and the Fed’s rate cut (Sep. 18).
- Among the altcoin updates covered: Solana ETF application setback and ARB staking vote goes live.