Global #cryptocurrency

Hong Kong-based IDA Finance is set to integrate Chainlink’s blockchain services into its forthcoming HKDA stablecoin, which will be backed by the Hong Kong dollar.

Peter Schiff, a renowned economist and vocal Bitcoin critic, has made a surprising statement. In a recent tweet, Schiff humorously proposed that Michael Saylor, the CEO of MicroStrategy and a prominent Bitcoin advocate, should purchase the 69,370 Bitcoin that the U.S. government is preparing to sell.

Alchemy Pay, a leading crypto payment solution, has announced a groundbreaking integration with Samsung Pay, allowing users to execute fiat-to-crypto transactions effortlessly.

As of October 9, 2024, Bitcoin (BTC) has experienced a notable correction, testing the $61,850 zone after struggling to maintain momentum above the $65,000 mark.

As of 2024, Bitcoin continues to navigate a complex market environment, characterized by both challenges and opportunities. While its price has experienced fluctuations, the underlying fundamentals remain strong, suggesting a promising future for the world's largest cryptocurrency.

As Ethereum approaches the psychological $2,500 mark, traders are keenly observing its potential to break through this significant resistance level. While the cryptocurrency has shown some upward movement recently, questions linger regarding its momentum, particularly in light of relatively low trading volumes.