Global #Cryptocurrencies

In a significant call for change, Zhu Guangyao, a former senior finance official in China, has urged the government to reconsider its strict ban on cryptocurrencies.

Japan is currently navigating a challenging economic landscape marked by rising prices and subdued consumer spending. In response, Prime Minister Shigeru Ishiba is proposing a strategy centered on increasing wages to stimulate economic activity.

With the U.S. presidential elections approaching, Senator Cynthia Lummis of Wyoming has taken a strong stance against the Securities and Exchange Commission (SEC) and its regulatory methods concerning cryptocurrencies.

On September 27, the US spot Bitcoin ETF market experienced a remarkable surge, registering an inflow of $494.27 million. This influx marks the seventh consecutive bullish day for Bitcoin ETFs, indicating a strong resurgence of investor confidence in the cryptocurrency market.

The cryptocurrency market is experiencing a notable upswing, with almost all top cryptocurrencies showing positive growth in the last 24 hours. Bitcoin and Ethereum have increased by 3.3% and 2.0%, respectively, while BNB, Solana, XRP, and Dogecoin have seen gains of 2.3%, 5.4%, 0.6%, and a striking 9.4%.

Despite a 2021 ban on cryptocurrency trading, China's over-the-counter (OTC) crypto market continues to flourish. A new report from Chainalysis reveals that these platforms have seen significant inflows of $20 billion per quarter on average through June, totaling $75.4 billion for the nine months.

The price of gold has reached a historic milestone, surpassing $2,660 per ounce after experiencing a remarkable increase of over 30% this year.

The recent approval by the SEC for options trading on BlackRock’s IBIT ETF marks a pivotal moment in the cryptocurrency landscape. This long-anticipated regulatory green light opens up new avenues for market participants and may significantly alter the dynamics of trading in Bitcoin and potentially Ethereum in the near future.

Turkey's cryptocurrency market is experiencing significant growth, driven by a population increasingly seeking alternatives to traditional banking amidst rising inflation.

Lucerne Cantonal Bank (LUKB) has made history by becoming the first traditional Swiss bank to offer deposit and withdrawal services for cryptocurrencies.

The 13th edition of Blockchain Life 2024 in Dubai takes place on October 22-23. Learn more and buy a ticket: https://blockchain-life.com/ Over 10,000 attendees from 120 countries gather in Dubai in anticipation of the bull run.

In the evolving landscape of cryptocurrency, stories of dormant wallets suddenly coming to life capture the imagination of both investors and enthusiasts. Recently, a wallet that originally received its coins through mining on January 30, 2009, made headlines after transferring its holdings.