Author: Bitcoin.com
Binance has contributed $3 million to Spain’s Red Cross to support relief efforts following devastating floods in Valencia. Spanish Red Cross Receives $3M Donation from Binance to Aid Valencia Flood Victims In response to severe flooding that has impacted the Valencia region, Binance Charity, the philanthropic branch of the cryptocurrency platform Binance, has donated $3 […] Read the full article here
A judge ordered millions seized in a Kansas crypto fraud scheme be returned to defrauded investors, marking partial relief for victims of the bank collapse. Millions Lost, Millions Returned: DOJ Mandates Restitution for Defrauded Investors The U.S. Department of Justice (DOJ) announced on Monday that a federal judge in Wichita, Kansas, has ordered that millions […] Read the full article here
UBS forecasts silver will outperform as it gains from economic growth and industrial demand, positioning it as a dual hedge and growth asset for investors. Why UBS Sees Silver Poised for a Breakout Amid Economic Shifts Global investment bank UBS published a note on Monday, outlining the distinct roles of gold and silver in hedging […] Read the full article here
A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar Network for Payments Leaders in fintech and digital assets announced Monday the launch of the Global Dollar Network, which they described as “an open network designed to accelerate stablecoin usage […] Read the full article here
Market optimism over an expected Federal Reserve rate cut is eclipsing election worries, with investors betting that reduced borrowing costs will bolster economic growth. Election Worries Sidestepped as Markets Bank on Fed’s Economic Lifeline, Green Says Concerns over the U.S. presidential election are being overshadowed by optimism about a likely interest rate cut from the […] Read the full article here
The Monetary Authority of Singapore (MAS) is advancing tokenization in financial services by launching Project Guardian, a collaborative initiative involving major financial institutions to develop and commercialize tokenized assets, including fixed income and funds. Deepening Liquidity of Tokenized Assets The Monetary Authority of Singapore (MAS) has revealed plans to advance tokenization in financial services. The […] Read the full article here
Coinbase Derivatives is expanding its portfolio of CFTC-regulated products with the introduction of futures contracts for silver (SLR) and stellar (XLM) in retail sizes on November 11. More Options for Retail Traders With Silver (SLR) and Stellar (XLM) Futures The latest addition to Coinbase Derivatives which already includes bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), […] Read the full article here
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex Reserves to Reduce Risks Economists have assessed China’s standing in […] Read the full article here
Crypto investors have found their latest obsession in FreeDum Fighters (DUM), a cheeky political satire coin raking in serious cash during its presale. With over $420,000 already raised and experts predicting 10x gains, could FreeDum Fighters be the next big thing in PolitiFi? FreeDum Fighters Offers Up to 760% by Betting on AI Politicians FreeDum […] Read the full article here
Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain. […] Read the full article here