Your Daily Digest of Global Stories
Key facts: Standard Chartered believes there could be a temporary sell-off if Harris is elected. For Geoff Kendrick, executive of the bank, regulatory changes are a positive factor for BTC. British bank Standard Chartered has made projections on the price of bitcoin (BTC) for the end of 2024, suggesting that the digital currency could reach…
Key facts: India maintained its top position in the annual global cryptocurrency adoption report. Central and South Asia lead the 2024 Index, with seven of the top 20 countries located in Mexico continues to climb positions in the cryptocurrency adoption ranking, consolidating itself as the third country in Latin America with the highest use of…
Asset management firm Grayscale Investments has officially launched the Grayscale XRP Trust, a move that allows investors to increase their exposure to XRP, the cryptocurrency issued by Ripple. In a releaseGrayscale indicated that the fund is now available to eligible individual and institutional accredited investors. Also, that It works in a similar way to other…
Key facts: The company said the multiplicity of platforms and technologies creates a complex environment. Swift is a system used by 11,000 financial institutions and more than 200 countries. Global financial messaging system Swift aims to consolidate the bridge between traditional finance and the digital asset ecosystem. The company announced that is studying ways to…
Key facts: CbBTC is backed 1:1 by the bitcoin held by Coinbase. The wrapped BTC token will be available for trading on DEX with Coinbase Wallet. Coinbase, the largest cryptocurrency exchange in the United States, announced on Thursday, September 12, the launch of its wrapped bitcoin (BTC) token, called cbBTC, expanding the ways to use…
Key facts: The United States’ openness to mining contrasts with China’s semi-clandestine nature. The Czech Republic and Japan follow the two powers with 1% and 2% respectively. The United States is increasingly casting a larger shadow over China’s mining industry, which now accounts for 53% of the total Bitcoin hashrate. This narrowing of the gap…
All indications are that the stage is set for the US Federal Reserve (Fed) to announce a possible interest rate cut on September 18. For more than a year now, these rates have been the highest in two decades, and their adjustment could trigger high volatility in the financial markets. Bitcoin (BTC) would not be…
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $43 million yesterday, breaking a streak of two consecutive days of net capital inflows. According to data from the investment company SosoValueArk & 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) saw outflows of $54 million, while Grayscale’s Grayscale Bitcoin Trust (GBTC) saw…
The Worldcoin (WLD) token, known for its identity verification protocol based on biometric data scanning, continues its price decline on the market. Since its launch, it has aroused the interest of many, but Recent movements in its share price raise doubts about its future as a solid investment option. Currently, the price of WLD is…
Currently, moves are taking shape that could push the price of bitcoin (BTC) to higher levels. Two key factors are converging and They project a possible increase in the price of bitcoinwhich could also drag the entire cryptocurrency market into an uptrend. The first factor is related to BTC reserves on exchanges. These reserves have…
