Key facts: Bitcoin ETFs marked their fourth consecutive day of positive money flows. There is a lot of optimism for the third quarter, which begins in less than a week. Bitcoin (BTC) has been trading around $63,000 for the past week, though it has shown some momentum recently. Over the past three days, its price … Read more
As the price of gold continues to reach new all-time highs, positive expectations for its future are strengthening. “Longer term, investors should expect gold to continue to act as a hedge against broader market volatility and uncertainty,” comment VanEck. Founded over 70 years ago, this American firm manages investment funds in multiple assets, including precious … Read more
With the new changes coming to the Telegram mobile messaging app, the Toncoin (TON) market could be impacted. Pavel Durov, co-founder and CEO of Telegram, announced this week that he is now Users’ IP addresses and phone numbers may be disclosed to authorities. This is in case there are any possibilities of violation of its … Read more
Key facts: Politicians and banks around the world are being called upon to do more to increase CBDC adoption. The proposal includes offering profits and even making their use mandatory through new laws. By implementing a series of strategies aimed at preventing people from rejecting central bank digital currencies (CBDC), the International Monetary Fund has … Read more
Key facts: Global central bank liquidity has fallen to its lowest level since 2020. As liquidity dries up, traditional financial markets face more challenges. Over the past two years, the balance sheets of the world’s major banks have seen an estimated 25% decline. This is one of the lowest levels of bank reserves since 2020 … Read more
Key facts: Tom Emmer calls Gensler “the most destructive chairman the SEC has ever had.” Patrick McHenry criticises the lack of clarity in regulations, and calls for precise definitions. As expected, the five commissioners of the US Securities and Exchange Commission (SEC) appeared before the House Financial Services Committee today. It was a hearing in … Read more
Key facts: The new deadline for an SEC decision is November 10, Bitcoin ETF options were approved last week. The U.S. Securities and Exchange Commission (SEC) has decided to postpone its decision on the proposal to list and trade options on an ether (ETH) ETF (exchange-traded fund). It was announced today, September 24, 2024, that … Read more
Bank of New York Mellon (BNY Mellon), the oldest bank in the United States, announced its plan to implement custody services for bitcoin (BTC) and ether (ETH), specifically for exchange-traded fund (ETF) investors. This development represents a milestone in the adoption of cryptocurrencies by traditional financial institutions. The BNY Mellon’s decision is based on a … Read more
The developer team behind bonk (BONK), a memecoin on the Solana network, has revealed plans to launch an exchange-traded product (ETP) in the United States. During an event called Solana Breakpoint, BONK’s main contributor Nom None, advancement“We are proud to announce that we are working with an incredible team to launch the first BONK-based ETP.” … Read more
Key facts: They now have the funds necessary to operate without any problems until the end of this year. They will implement a savings method to accumulate reserves and avoid the same situation in the future. Mi Primer Bitcoin, the El Salvador-based nonprofit dedicated to Bitcoin (BTC) education, announced that it has overcome its financial … Read more