DeFi - Crypto News And Market Updates

Illustration showing traditional banks and crypto networks merging into a unified digital asset ecosystem

Digital Asset Investment Products See $321M Inflows Following FOMC’s 50bp Rate Cut

September 23, 2024 Gonzalo

Digital asset investment products saw $321M inflows after the FOMC’s 50bp rate cut, fueling optimism and boosting total assets under management by 9%.

DeFi TVL Reaches 1-Month High, Leading Protocols Surge

September 23, 2024 Gonzalo

DeFi TVL hits one-month high at $87.3B, led by Lido and Aave. Top protocols see gains amid crypto market recovery. TVL still 50% down from ATH.

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Bitcoin RSI Signals Potential $85K Price Target by Year-End

September 22, 2024 Gonzalo

Bitcoin’s weekly RSI hints at an $85K price target by year-end, while analysts warn $61K is a key level to hold for further bullish momentum.

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Is a Kamala Harris Presidency Best for Crypto Prices?

September 21, 2024 Gonzalo

A Harris presidency may drive Bitcoin growth due to economic uncertainty, while a Trump win could favor broader crypto market expansion, says VanEck.

Canada’s Central Bank Steps Back from Digital Currency Exploration

September 19, 2024 Gonzalo

The Bank of Canada is stepping back from developing a digital currency, focusing instead on global payment trends as other nations advance CBDC projects.

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Binance Halts Nigerian Licensing Amid Detained Executive, Legal Disputes

September 19, 2024 Gonzalo

Binance delays Nigerian licensing, demanding executive’s release and resolution of legal disputes before joining SEC regulatory framework for crypto exchanges.

Illustration of Robert Kiyosaki with Bitcoin coins, symbolizing the wealth gap and alternative assets.

Robert Kiyosaki: Bitcoin, Gold, Silver to Soar as Fed Cuts Rates

September 19, 2024 Gonzalo

Robert Kiyosaki predicts Bitcoin, gold, and silver prices will soar as the Fed cuts rates, urging investors to shift from “fake assets” to real investments.

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Revolut Sizes Up Entry Into the Stablecoin Market

September 18, 2024 Gonzalo

Revolut is reportedly developing a stablecoin to enter the $171 billion market, a move that could reshape the fintech giant’s crypto strategy.

Circle Activates USDC in Brazil and Mexico to Revolutionize Cross-Border Payments

September 17, 2024 Gonzalo

Circle expands USDC usage in Brazil and Mexico, enabling direct local currency conversions and faster cross-border payments through PIX and SPEI systems.

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Bybit Secures Provisional Approval for Crypto Operations in Dubai

September 16, 2024 Gonzalo

Bybit receives provisional approval from Dubai’s crypto regulator VARA for a VASP license, marking a significant step in its global expansion efforts.