Your Daily Digest of Global Stories
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…
Bitcoin (BTC) price correlation with gold has reached its highest level in six months. This shows that both assets are behaving similarly, which is different from the performance of Ethereum’s cryptocurrency, ether (ETH). Precisely, The correlation between gold and bitcoin reached a score of 0.75, something not seen since Marchaccording to market intelligence platform IntoTheBlock….
Sky, the decentralized finance platform (DeFi) formerly known as MarkerDAO, appears to have backtracked on its plan to remove the Wrapped Bitcoin (WBTC) cryptocurrency as collateral for users to obtain loans, following clarifications from BitGo CEO Mike Belshe. The executive spoke out on an issue that had caused a stir in the Sky community: Justin…
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…
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…
Key facts: The ETH cryptocurrency remains above $2,600 for now. ETH ETFs have not performed as well as many had hoped. Ethereum’s cryptocurrency Ether (ETH) ETFs saw a net outflow of nearly $80 million on Monday, marking their largest withdrawal of capital since late July. This event highlights the challenges faced by financial instruments based…
Key facts: GameShift offers solutions for network-based gaming, such as wallets and payment systems. Google Cloud aims to leverage GameShift’s non-custodial invisible wallets. The technology giant Google announced Google Cloud’s partnership with Solana Labs, the Solana (SOL)-based product development company, with the aim of boosting the video game industry on this network. According to the…
Key facts: Ston.Fi, the leading decentralized exchange on TON, dominates the market. The gaming ecosystem on Telegram is driving this growth of TON. The Open Network (TON) has captured the attention of the cryptocurrency world following a notable increase in activity on its decentralized exchanges (DEX). This boom, driven by the increasing adoption of the…
On October 30th, the first major unlocking of Celestia tokens (TIA), the native asset of the modular network of the same name, will take place. In total, more than 100,000 units will be distributed. 181 million TIA between investors and main contributors of the projectrepresenting 17.68% of the total supply, equivalent to more than $1.1…
With the interest rate cut in the United States last week, Bitcoin (BTC) has experienced a rebound. However, at the moment, it has not managed to break through a key technical zone, which is crucial for the increase to continue. “BTC remains below the critical high of August 25 at USD 65,200,” it highlights in…
