Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode. Source: https://cointelegraph.com/news/bitcoin-breakout-or-breakdown-analysts-weigh-in?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions
Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership provides Metaplanet access to SBI VC Trade’s tax-efficient corporate custody services and the ability to use bitcoin as collateral, supporting […] Source: https://news.bitcoin.com/sbi-vc-trade-and-metaplanet-team-up-for-advanced-bitcoin-trading-solutions/
USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130 million, pushing First Digital’s FDUSD into the fourth largest spot. Stablecoin Shakeup: USDE Slips to 5th, FDUSD Rises to […] Source: https://news.bitcoin.com/usde-drops-to-5th-place-among-stablecoins-as-fdusd-jumps-ahead/
Solana Meme Coin Factory Pump.fun Is the Fastest Growing Crypto App in History
Pump.fun has notched $100 million in revenue in just over seven months, making it the fastest-growing protocol by revenue growth in the cryptocurrency ecosystem—even as activity on the platform has slowed in recent weeks. The memecoin launchpad, which debuted in January, hit $100 million in revenue in 217 days, data from Dune Analytics shows. That’s 34 days less than it…
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has […] Source: https://news.bitcoin.com/coinbase-legal-chief-criticizes-secs-vague-position-on-ftx-plan-says-investors-deserve-way-better/
Trump’s platform favors crypto, but what about his inflationary policies?
Crypto single-issue voters back Trump in pursuit of deregulating the US crypto industry and probably boosting their wallets, but do they grasp the broader economic policies at stake? Source: https://cointelegraph.com/news/trump-crypto-inflation-policies-regulation?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635320810614&utm_campaign=rss_partner_inbound
Trump’s platform favors crypto, but what about his inflationary policies?
Crypto single-issue voters back Trump in pursuit of deregulating the US crypto industry and probably boosting their wallets, but do they grasp the broader economic policies at stake? Source: https://cointelegraph.com/news/trump-crypto-inflation-policies-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BNB Chain DEX volumes drop 24% in a week — Is BNB in trouble?
BNB price has struggled, but some investors claim Changpeng “CZ” Zhao’s release will pump BNB price even as network fundamentals worsen. Source: https://cointelegraph.com/news/bnb-chain-dex-volumes-drop-24-in-a-week-is-bnb-in-trouble?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Qatar Unveils 2024 Digital Assets Framework
Qatar has launched a new framework to regulate digital assets, aiming to create a secure and transparent ecosystem. The framework is expected to attract domestic and international players and support the development of a thriving financial services sector in Qatar. Building Foundation for Digital Assets Qatar has launched a comprehensive framework for creating and regulating […] Source: https://news.bitcoin.com/qatar-unveils-2024-digital-assets-framework/
Price analysis 9/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows. Source: https://cointelegraph.com/news/price-analysis-9-2-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound