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Top Coin Desk News

Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
49% Center coverage: 293 sources

Cryptocurrency · United StatesMetaplanet (3350), the largest bitcoin (BTC) treasury company in Japan, said it established two subsidiaries — one in Japan and one in the U.S. — and bought the bitcoin.jp domain name as it strengthens its commitment to the largest cryptocurrency.Bitcoin Japan Inc., will be based in Tokyo and manage a suite of bitcoin-linked media, conferences and online platforms, including the internet domain and Bitcoin Magazine Japan.The U.S. unit, Metaplane…See the Story
Metaplanet Sets Up U.S., Japan Subsidiaries, Buys Bitcoin.jp Domain Name
100% Center coverage: 1 sources