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Bitget Now Supports Bank Transfers in Vietnam via QR Codes
25.11.2024
Bitget has announced its integration of bank transfers in Vietnam through QR codes, making it the first exchange to adopt this payment method. This new feature allows users to deposit Vietnamese Dong (VND) and withdraw funds seamlessly, enhancing accessibility to the crypto market. By utilizing...
Russia Cautious on Tokenizing Real-World Assets
25.11.2024
The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While tokenization has the potential to increase liquidity for real-world assets, among other...
Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States
25.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore a proposal by Max Keiser that would make El Salvador a pioneer in nation-state debt issuance to purchase bitcoin. Latam Insights...
SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
25.11.2024
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk testified on Oct. 3 and reimbursed the SEC $2,923...
New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn
25.11.2024
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other banks or currencies, could heighten risks...
China Unearths Massive Gold Veins That Could Reshape Global Markets
25.11.2024
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been...
Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan
25.11.2024
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings. Cantor Fitzgerald’s Crypto Strategy: A Pivotal Moment for Bitcoin’s Future...
JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal Reform
25.11.2024
JPMorgan has warned the Elon Musk-led Department of Government Efficiency (DOGE) will face significant hurdles, citing Congress’ control over spending. Elon Musk’s DOGE Sparks Debate as JPMorgan Casts Doubt on Its Feasibility JPMorgan Chase released a report on Nov. 22, evaluating the newly formed...
Sony’s Soneium Might Be the Answer to Mass Web3 Adoption
25.11.2024
If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in...
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets
24.11.2024
In the past week, the crypto market has been buzzing with action, with bitcoin smashing its way to a new all-time high of $99,800 per coin on Thursday. Data reveals an intriguing dynamic during this period: while the Coinbase premium climbed, South Korea experienced a discount in BTC prices...
Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA
24.11.2024
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, Max Keiser floats an idea to allow El Salvador to acquire more bitcoin, Argentine President Javier Milei meets President-Elect Trump, and the popularity...
The Impact of Recent Elections on US Crypto Policy: Coin Center Shares Insights
24.11.2024
The recent U.S. elections could significantly shape the regulatory landscape for cryptocurrencies, according to Coin Center, a nonprofit focused on policy issues in the sector. Coin Center Analyzes Post-Election Crypto Policy Shifts In a detailed analysis by Peter Van Valkenburgh, Coin Center’s...
French Users Reportedly Blocked From Polymarket Predictions Market
24.11.2024
Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that Polymarket is now inaccessible to French users...
$500M WBTC Burned in the Wake of Coinbase’s Delisting Move
24.11.2024
Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On Nov. 16, the WBTC supply on Ethereum was recorded...
Bitcoin ETFs Set New Records in Brazil
24.11.2024
The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched on B3, reached all-time highs, with a net asset...
Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
24.11.2024
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate...
Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal
24.11.2024
Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains...
Ron Paul Keen to Restore ‘Sanity’ With Musk in Trump’s Government Efficiency Drive
24.11.2024
As President-elect Donald Trump assembles his transition team, much attention is swirling around the newly established Department of Government Efficiency, or D.O.G.E. Pro-freedom advocate and former congressman Ron Paul recently shared that Elon Musk had approached him for help with D.O.G.E. Paul...
2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum
24.11.2024
As bitcoin catches its breath on the sidelines, a wave of digital currencies is charging ahead, making big moves. Meanwhile, the infamous Altcoin Season Index is climbing, signaling exciting times for traders who love the chaos of alternative crypto markets. Bitcoin Takes a Breather as Altcoins...
Ripple CEO Predicts US Crypto Boom, 76% of KOLs Shilled Worthless Meme Coins, and More — Week in Review
24.11.2024
Ripple CEO predicts US crypto boom, study shows 76% of KOLs promoted worthless meme coins, Coinbase CEO strongly endorses D.O.G.E., and more in this Week in Review. Week in Review Ripple CEO Brad Garlinghouse forecasted a major U.S. crypto boom, driven by potential regulatory shifts from...