The rapid rise of AI-driven meme coins like SLOP highlights the volatile and speculative nature of the crypto market, driven by digital trends.
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BlackRock Bitcoin ETF records $329 million net inflows despite market retreat
Institutional interest in Bitcoin ETFs remains strong, potentially stabilizing the market amid geopolitical uncertainties and economic shifts.
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Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now conducts 95% of its foreign trade in national currencies due to these sanctions. Putin emphasized BRICS nations’ […]Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control. His comments were well-received by XRP supporters, highlighting the growing importance of crypto in shaping future financial […]2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal
Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid. The Ripple legal chief also reaffirmed XRP’s non-security status despite the appeal. 2 Outcomes: Ripple’s Stuart […]Sui Launches SuiHub Dubai, Its First Global Hub To Drive Web 3.0 Innovation
October 21, 2024 – Dubai, United Arab Emirates SuiHub Dubai is the first in a global series of hubs designed to support blockchain developers and entrepreneurs. The center is located in Expo City Dubai, a key tech hub in the region, to foster collaboration and innovation. Ghaf Studios and Sui aim to provide resources and […]
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BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of BRICS, potentially introducing a new “partner states” category, reflecting the group’s growing global influence. Key discussions […]Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins
Widely followed crypto analyst Michaël van de Poppe says that AAVE, the native token of the top lending platform on Ethereum (ETH), is set for bluer skies. According to Van de Poppe, AAVE is in the midst of a trend shift after its clear break of the $150 mark, which he says opens up the […]
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JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests rethinking strategies as carry trade returns are expected to diminish […]Latam Insights Encore: Brazil Can Lead the Way to Full BRICS De-Dollarization
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the recent movements by Brazil to further push de-dollarization within BRICS and how this might affect the trading framework of the entire bloc. Latam Insights Encore: Brazil Called to Lead […]