Crypto News - 14 June 2024

Crypto News - 14 June 2024

Jun 14, 2024

This week the Federal Reserve voted unanimously to hold its benchmark interest rate range at 5.25%-5.50%, remaining unchanged for the seventh consecutive meeting and despite the FOMC saying they expect three rate cuts this year back in March, they now expect a single rate cut in 2024.

Wednesday saw over $100m in Bitcoin ETF inflows however that was offset heavily by over $200m outflows yesterday with Fidelity’s FBTC fund seeing its second largest net outflow day since it debuted in January of this year. Altcoins saw the biggest drop this week with our dippers chart showing red across the board.

If you are a MTL token holder remember to make sure you have your MTL on an exchange or wallet that supports the upcoming snapshot and airdrop on June 24 and 26 respectively. For more information on this please read the MTL migration guide.

Have a friend that would like Metal Pay? If you invite them to use Metal Pay and they verify their account you could win Bitcoin! Simply send help@metalpay.com an email with your friends full-name and once they are verified you are in the draw! Learn more here.


Experience swift, secure crypto trading with Metal Pay. Benefit from the lowest fees, easy card purchases, and dedicated 24/7 human support. Simplify your digital asset transactions with us.

Metal Pay is a service of Metallicus, Inc., a licensed provider of money transfer services (NMLS ID: 2057807).
All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.’s licenses. © 2024 Metallicus, Inc.

License issued to Metallicus by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency. All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.'s licenses and/or the applicable law depending on the jurisdiction.

Experience swift, secure crypto trading with Metal Pay. Benefit from the lowest fees, easy card purchases, and dedicated 24/7 human support. Simplify your digital asset transactions with us.

Metal Pay is a service of Metallicus, Inc., a licensed provider of money transfer services (NMLS ID: 2057807).
All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.’s licenses. © 2024 Metallicus, Inc.

License issued to Metallicus by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency. All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.'s licenses and/or the applicable law depending on the jurisdiction.

Experience swift, secure crypto trading with Metal Pay. Benefit from the lowest fees, easy card purchases, and dedicated 24/7 human support. Simplify your digital asset transactions with us.

Metal Pay is a service of Metallicus, Inc., a licensed provider of money transfer services (NMLS ID: 2057807).
All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.’s licenses. © 2024 Metallicus, Inc.

License issued to Metallicus by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency. All money transmission is provided by Metallicus, Inc. pursuant to Metallicus, Inc.'s licenses and/or the applicable law depending on the jurisdiction.