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Bitcoin
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.
Vivek Ramaswamy Blasts SEC Chair Gary Gensler: ‘Regulations Need to Catch Up’
Presidential candidate Vivek Ramaswamy heavily criticized the lack of action of the U.S. Securities and Exchange Commission (SEC) and its chair, Gary Gensler, on the fraud cases in the crypto industry. Ramaswamy stated that regulations…
Latam Insights: El Salvador’s Bitcoin Portfolio Goes Black, Brazil Brings Digital Currency Talk to…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The portfolio of bitcoin investments of the Salvadoran government went into black numbers, Brazil…
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.
Stablecoin Supply Turning Positive and Rising Protocol Fees Among Key Narratives in 2023 — Study
During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK)…
Bitcoin, Ether, and Major Altcoins in Deep Red
Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.
Financial Giant Fidelity Discusses Spot Bitcoin ETF Application With SEC
Financial services giant Fidelity recently met with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. Like Blackrock, the world’s largest asset manager, Fidelity…
SEC Warns Crypto Investments Can Be ‘Exceptionally Risky’
The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete…
Report: 47% of Nigerians Engaged in Crypto-Related Activities
A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between…
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives…