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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...

BRICS Meeting Highlights Shift to Local Currencies


BRICS Ministers of Foreign Affairs have emphasized using local currencies in trade, reaffirming economic resilience and financial sovereignty. At their meeting on Monday, the Ministers underscored the importance of the enhanced use of local currencies in financial transactions between the BRICS...

Hill highlights the role of tokenization in market efficiency at Hearing


Representative French Hill (AR-02) led the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion in a crucial meeting on June 5th, titled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.”...

Ripple highlights the building blocks of institutional DeFi on XRP Ledger


Ripple has published its vision and roadmap for institutional DeFi on the XRP Ledger. It essentially covers key functionalities, including, but not limited to, value transfer, issuance, credit, and exchange.  Several key innovations within the ecosystem are Automated Market Makers, Decentralized...

Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices


The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we think upcoming major catalysts may be regulatory...

Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink


This week read about: Meme Coin News: Market Highlights Base Chain Rising as Home for Meme Coins BRETT at the Top Among Base Meme Coins BONK Enables Email Login, Launches E-cards The post Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink appeared first on Cryptonews

Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China


The Bitcoin Asia 2024 conference highlights the recent launch of Hong Kong's spot Bitcoin ETFs, drawing significant attention from 5,500 attendees, especially investors across China’s mainland. The post Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China appeared first...

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