Key facts: The recent drop in US interest rates is a positive catalyst for bitcoin. There are several factors that would drive the growth of cryptocurrencies, in general. The latest macroeconomic movements in the United States have sparked optimism in the bitcoin (BTC) and cryptocurrency sector. Sebastian Serrano, CEO of the Ripio exchange, believes that … Read more
SUI, the native cryptocurrency of the eponymous network, has seen a significant rise in price and is one of the best-performing digital assets in recent weeks. The bullish momentum is driven by an increase in the activity of its ecosystem and the implementation of a technological update. As reported by CriptoNoticias, Grayscale, a digital asset … Read more
On Tuesday, September 24, French bank Société Générale, through its cryptocurrency arm, SG Forge, signed an agreement with Bitpanda, an Austrian cryptocurrency trading platform, to launch the EUR CoinVertible stablecoin. This stablecoin, managed by the French entity, will comply with the European Union’s MiCA regulations, making it the first regulated stablecoin of its kind in … Read more
Swedish authorities, specifically the Swedish Police Authority and the Financial Intelligence Unit (FIU), have classified certain bitcoin (BTC) and cryptocurrency exchanges as “professional money launderers” following an analysis of services provided by illegal and unlicensed providers. This statement stems from the observation that these platforms have “criminal links and allow several people and criminal networks … 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: 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