FTT is a token that has been rendered useless after the bankruptcy of the exchange. At the time of this publication, FTT leads the cryptocurrency’s weekly rise. The price of cryptocurrency exchange FTX’s FTT token saw a 94% increase in a single day, rising from $1.39 to $2.70. This phenomenon is attributed to speculation and … Read more
CZ highlighted one of his main projects, Giggle Academy. He said he will act as a mentor for new ventures. Changpeng Zhao, better known as CZ and former CEO of Binance, was released from US custody after serving a four-month prison sentence for deliberately violating US laws. Now, he is determined to continue entrepreneurship in … Read more
The price of gold has had a huge rise in 2024. According to technical analysis metrics interpreted by specialists from ‘The Kobeissi Letter’, this has taken gold to an “extreme” level that has been rarely seen in the history of gold trading. this precious metal. The aforementioned analysts they explain that The price of gold … Read more
Key facts: The influence of the main world financial power on bitcoin is undeniable. If hyperbitcoinization becomes a reality, it would upset the balance of economic power. Since its birth in the shadows of the 2008 financial crisis, bitcoin (BTC), the digital currency created by Satoshi Nakamoto, sparked a revolution: a decentralized economy, free from … Read more
The hegemony of the US dollar as the global reserve currency has been a pillar of the global financial system since the Bretton Woods agreement in 1944. However, the current trend suggests that its dominance could be at a crossroads, facing increasing pressure that, although still far from a definitive collapse, it points towards progressive … Read more
Key facts: The specter of deflation and economic recession haunts China. The government is preparing economic stimulus packages to face the crisis. China is showing eerily similar signs to the Great Recession of 2008. According to “The Kobeissi Letter,” a financial analysis newsletter founded by expert Adam Kobeissi, the Asian giant could be on the … Read more
Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, argued this week in an interview that bitcoin (BTC) should be treated as a commodity, equating it with traditional commodities such as gold and oil. “When you really understand bitcoin, it is difficult to see it any other way,” Lutnick commented.underscoring the nature of bitcoin as … Read more
Key facts: Kamala Harris is emerging as the winner in the bet, with 51% of the odds. The results broadcast by AP, Fox News and NBC on November 4 will settle the bet. More than $1 billion is at stake on Polymarket, a cryptocurrency betting platform, with the idea of predicting who will be the … Read more
Key facts: A day of high volatility is expected for bitcoin. Investors in bitcoin ETFs are piling up, waiting for a bullish October. Today at 12:30 PM (UTC time) the United States Personal Consumption Expenditure (PCE) Price Index will be released. This report is key to evaluating inflation in financial and economic power, so its … Read more
Key facts: This confirms that BNY Mellon can now offer custody of BTC and ETH, as anticipated. Gensler said there are entities presenting plans to custody digital assets. BNY Mellon received the green light from the Securities and Exchange Commission (SEC) to custody bitcoin (BTC) and ether (ETH) beyond exchange-traded funds (ETFs), SEC Chairman Gary … Read more