UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro, British pound, and Australian dollar. UBS Forecasts Continued Weakening […] Source: https://news.bitcoin.com/ubs-predicts-further-weakening-of-us-dollar/
A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to withstand significant market events. Futures Market Stability Highlighted in New Report Despite Bitcoin Sell-Off The joint report from Block Scholes and Bybit […] Source: https://news.bitcoin.com/block-scholes-and-bybit-report-highlights-stability-in-crypto-derivatives/
Even artificial workers can’t escape the bureaucracy. Source: https://cointelegraph.com/news/anthropic-ceo-says-future-ai-hive-mind-corporate-structure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as a rebranding for the nation. […] Source: https://news.bitcoin.com/bukele-states-bitcoin-was-an-effective-rebranding-tool-for-el-salvador/
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value. Tokenized Bond Market Breaks $2 Billion Barrier, With Ondo, Blackrock, and Franklin […] Source: https://news.bitcoin.com/2-billion-milestone-reached-in-tokenized-treasury-bonds/
Scientists are using quantum algorithms to uncover new insights into how our brains learn and apply information. Source: https://cointelegraph.com/news/physics-fintech-quantum-ai-humans-better-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
For decades, loyalty programs have been a staple of customer retention strategies across various industries. From airline miles to hotel points, these programs have promised consumers a tangible return for their loyalty. But as the digital landscape evolves, a new breed of loyalty programs is emerging, particularly within the burgeoning world of crypto casinos and […] Source: https://news.bitcoin.com/forget-airline-miles-are-crypto-casinos-like-cloudbet-reinventing-the-rewards-game/
The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development—the launch of an “epic meme contest.” The news broke on the social media platform X, where the World Liberty Financial account shared, “To celebrate President Trump’s tweet about us yesterday, […] Source: https://news.bitcoin.com/trumps-world-liberty-financial-launches-epic-meme-contest-as-telegram-channel-hits-100k-members/
According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally, ultrasound.money data reveals that Ethereum’s issuance rate is currently inflationary, clocking […] Source: https://news.bitcoin.com/ethereums-gas-fees-remain-low-while-network-turns-inflationary/
While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and Seller Participation Increased This past week, NFT sales were rather […] Source: https://news.bitcoin.com/bored-ape-yacht-club-leads-the-weeks-priciest-nft-sale-despite-overall-market-dip/
