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RBI Report Highlights India’s Central Bank Digital Currency Development


India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The RBI is actively involved in developing CBDC initiatives to enhance cross-border payments...

SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes


The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced...

Economist Jim Rickards Highlights Gold’s Opportunity During Market Meltdowns


Jim Rickards, a U.S. economist and best-selling author of the book “Currency Wars,” has detailed the opportunity that gold presents during pronounced stock market drops. Rickards, who has predicted a tremendous rise in gold prices in the next two years, stated that strong hands expect gold to reach...

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market 


A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory...

UBS Executive Highlights AI’s Impact on Banking


UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...

EU–US Financial Forum Highlights Cooperation on Crypto Regulation


The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S. Department of the Treasury. During the forum...

Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights


Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin...

Analyst highlights three liquidity factors influencing the BTC price


Ki Young Ju, the founder and chief executive officer of CryptoQuant, has highlighted that there are a total of three liquidity factors that are affecting the price of Bitcoin ($BTC). These are stablecoins, fiat currencies, and spot ETFs. BTC is currently down to around $61,000, and there are rising...

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