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UBS Signals Silver’s Big Potential as Gold Takes Defensive Role

6.11.2024
UBS forecasts silver will outperform as it gains from economic growth and industrial demand, positioning it as a dual hedge and growth asset for investors. Why UBS Sees Silver Poised for a Breakout Amid Economic Shifts Global investment bank UBS published a note on Monday, outlining the distinct...

Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments

6.11.2024
A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar Network for Payments Leaders in fintech and digital assets announced Monday the launch of the Global Dollar Network, which they...

Markets Lean Away From Election Chaos, Betting Big on Fed’s Next Move

6.11.2024
Market optimism over an expected Federal Reserve rate cut is eclipsing election worries, with investors betting that reduced borrowing costs will bolster economic growth. Election Worries Sidestepped as Markets Bank on Fed’s Economic Lifeline, Green Says Concerns over the U.S. presidential election...

Bitcoin Grows as SatoshiDEX, the First Bitcoin DEX, Hits the Market

6.11.2024
PRESS RELEASE. Bitcoin shows high results at the start of Q4 with an average of 23.3% return showing a strong seasonal trend. It remains the best-performing asset and continues to capture the global attention of investors and market participants. “Bitcoin was almost the sole beneficiary, seeing...

Coinbase Derivatives to Launch Silver and Stellar Futures

6.11.2024
Coinbase Derivatives is expanding its portfolio of CFTC-regulated products with the introduction of futures contracts for silver (SLR) and stellar (XLM) in retail sizes on November 11. More Options for Retail Traders With Silver (SLR) and Stellar (XLM) Futures The latest addition to Coinbase...

Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash

5.11.2024
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex...

Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?

5.11.2024
Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges...

Bitcoin Pioneer Praises Milei’s Vision in Argentina

5.11.2024
Peter Todd, a Bitcoin pioneer recently accused of being Satoshi Nakamoto in HBO’s documentary “Money Electric: The Bitcoin Mystery,” has praised President Javier Milei’s vision for Argentina. At the sidelines of Labitcoinf, a Latam-focused crypto event, Todd stated that as...

Bitcoin Blasts Past $70K—Election Day Sees Crypto Frenzy Unleashed

5.11.2024
As of 12 p.m. Eastern on U.S. election day, bitcoin (BTC) remains steady above $70,000, currently priced at $70,283 per coin, reflecting a 3.8% increase over the past 24 hours. Despite Tuesday’s gains, bitcoin shows a 3.1% decrease across the past week. Presently, BTC trades constitute...

Coinbase Involved in Asset Listing Controversy: Sun and Cronje Speak

5.11.2024
Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong’s statements. Coinbase Allegedly...

Crypto Markets Brace for Election Shifts, Coin Metrics Reports

5.11.2024
In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics’ latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential...

Prediction Markets Give Trump the Edge on Election Day

5.11.2024
Recent numbers from prediction markets suggest that former President Donald Trump is holding a substantial edge over Vice President Kamala Harris. Battle for the White House Bettors have shown a consistent shift in support for Donald Trump in the 2024 U.S. election race, leaving Kamala Harris...

Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

5.11.2024
On Monday, spot bitcoin exchange-traded funds (ETFs) took a substantial hit, with investors pulling out a hefty $541.07 million. Bitcoin ETF Outflows Hit $541 Million on Monday, Ethereum Funds Follow in the Red The 12 spot bitcoin ETFs faced a rough trading day, shedding a hefty $541.07 million...

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