The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.
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- Crunch
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Real-world attitude
Wall Street may have taken the lead in the bitcoin ETF arms race, but crypto natives are still holding their ground in the real-world asset space.
There’s now almost $1.5 billion tied up in tokenized funds buying US Treasurys and other public securities, a figure which has tripled over the past year and nearly doubled year-to-date.
BlackRock’s and Franklin Templeton’s funds, BUIDL and FOBXX, are the two biggest with $456 million and $348 million a pop from 13 and 419 token holders, according to RWA.xyz.
WisdomTree Prime’s government money market digital fund has otherwise attracted $5.5 million from 130 contributors.
(A $5-million minimum investment for BUIDL…
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FIT21 is the first bipartisan legislation of its kind to pass in either chamber of Congress, but is its dual-agency model workable?
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Bitcoin’s price is currently stable at around $69,000, supported by robust demand. Data from IntoTheBlock reveals a strong interest in the cryptocurrency within a specific price range, indicating a bullish sentiment among investors.
Between $66.9k and $68.9k, a significant demand zone has been identified where over two million addresses have collectively accumulated approximately 1.1 million BTC. This concentration of buying activity suggests that traders are optimistic about the future potential of Bitcoin, reinforcing its position as a favored asset in the crypto market.
The current stability in Bitcoin’s price, coupled with high trading activity, underscores the growing confidence in its value and resilience. As the digital currency maintains its stronghold above $68k, it continues to attract attention from both seasoned and new investors, signaling a positive outlook for its trajectory.
Roaring Kitty, one of the main orchestrators of the GME saga, could be on track to becoming the first GME billionaire if the pump continues.
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This episode explores how WeatherXM transforms weather data collection and forecasting using decentralized Web3 technology and the Internet of Things, making it more accurate, accessible and community-driven.
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The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens.
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The outcome of the elections will be a pivotal moment for the implementation of the MiCA regulatory framework and the approval of the first spot Ether ETF.
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The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim’s Binance account.
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Australia is set to enhance its financial landscape by launching its first Bitcoin exchange-traded fund (ETF) tomorrow. Managed by Monochrome Asset Management, the ETF, trading under the ticker IBTC on the Cboe exchange, charges a management fee of 0.98% and tracks the CME CF Bitcoin Reference Rate index. This initiative positions Australia as a leader in embracing cryptocurrency, following significant investment influxes into similar U.S. products earlier this year.
The decision to list on Cboe, ahead of the larger Australian Securities Exchange (ASX), which also plans to approve Bitcoin ETFs by the end of the year, taps into the growing global interest in regulated cryptocurrency investments. The U.S.’s earlier regulatory approval sparked substantial institutional and retail investments, setting a precedent that Australia is keen to follow.
With the introduction of a passive ETF, Australia simplifies Bitcoin investment and underscores its legitimacy as an institutional asset class. This move is expected to encourage further global acceptance and integration of Bitcoin into mainstream financial systems.