Eswatini releases design for digital lilangeni tokenized retail CBDC
The tiny kingdom, formerly known as Swaziland, is looking at better domestic accessibility and cross-border trade with a proposed CBDC. Go to Source
Month: October 2024
Justin Sun elected Prime Minister of Liberland micronation
Liberland was founded by Czech libertarian politician Vít Jedlička on April 13, 2015, in an area located between Croatia and Serbia. Go to Source
Bitcoin price fell 24%+ the last time this metric turned negative — Will it happen again?
Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming? Go to Source
USDT Faces Downward Pressure as Investors Pivot to Stocks in China
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the announcement of … Read more
Crypto ETFs Take Center Stage: Nearly Half of Charles Schwab Investors Eye Digital Assets
A recent survey conducted by American financial powerhouse Charles Schwab revealed that nearly half of the respondents (45%) are gearing up to invest in cryptocurrency exchange-traded funds (ETFs). Millennials Lead the Crypto ETF Charge, Expert Puzzled by Schwab’s Slow Move Charles Schwab, a major player in the finance world, rolled out a new asset management … Read more
SEC sues Cumberland DRW for unregistered crypto dealer activities
Cumberland allegedly had $2 billion worth of unregistered crypto dealing since 2018. Go to Source
US election outcome won’t stop Bitcoin from hitting $100K: Dan Tapiero
Crypto adoption is gaining speed no matter who wins the US presidential race in November, the venture fund founder said. Go to Source
Trump Takes Significant Lead Over Harris in Polymarket Odds for 2024 Election Win
On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at 43.7%. This shift in favor of Trump has been observed since around Oct. 5, approximately … Read more
Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets. Go to Source
Bitcoin retraces to $59K amid altcoins stagnant with ‘regulatory hurdles’
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren’t seeing price spikes due to “regulatory hurdles.” Go to Source