Global #Cryptocurrencies

In a notable shift in monetary policy, global central banks—excluding the Bank of Japan—are easing their approaches to increase liquidity in financial systems.

The Financial Supervisory Commission (FSC) of Taiwan is set to initiate a pilot program for cryptocurrency custody, as reported on October 8.

In a groundbreaking development for blockchain technology and legal systems, Cardano has successfully hosted Argentina’s first legally enforceable smart contract.

In a recent statement, analyst Kendrick shared his bold predictions regarding the future of cryptocurrencies based on the outcome of the upcoming presidential election.

Canary, a new firm co-founded by former Valkyrie Funds executive Steven McClurg, has recently expressed optimism regarding the evolving regulatory landscape for cryptocurrencies.

Recent trends indicate a significant pivot among Chinese investors as they increasingly turn their attention from cryptocurrencies back to the nation’s stock market.

As the cryptocurrency market continues to navigate turbulent waters, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are experiencing significant pressure on their key support levels.

Crypto experts from Gamdom have identified the five fastest-growing cryptocurrencies for 2024, emphasizing the importance of increasing adoption, high trading volumes, positive market sentiment, and scarcity as key indicators of a coin's potential.

In an era where digital assets are increasingly shaping the financial landscape, the proposal for a National Bitcoin Reserve has begun to attract significant attention from both sides of the political aisle.

As October dawned, analysts and investors were filled with optimism, expecting a repeat of the historical bullish trend known as “Uptober.” However, this optimism was quickly overshadowed by shocking market movements, leading some observers to dub the month “Rektober.”

On Tuesday, Robinhood Markets Inc. (NASDAQ: HOOD) announced a significant enhancement to its crypto services in the European Union, allowing users to transfer over 20 different cryptocurrencies—including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC)—to and from the app.

On September 30, Ohio made a significant move towards integrating digital currencies into its financial operations with the introduction of a bill that would permit the acceptance of Bitcoin and other cryptocurrencies for state taxes and administrative fees.