On the Sep. 30 episode of CoinDesk Spotlight podcast, Litecoin creator Charlie Lee reflected on his crypto journey. He explained why he sold all of his litecoins in 2017 (adding nothing new to his past statements) and emphasized his deep belief in Bitcoin. He admitted that creating Litecoin cost him "a lot of headache" and didn't bring much money. But did he say he regretted creating it?


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
