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US Stocks Plunge as Inflation Concerns Intensify; European Central Bank Continues Rate CutsUS stocks experienced a significant sell-off overnight, with the Dow Jones Industrial Average falling over 200 points, a 0.53% decline

Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation

Celo: A Decentralized Financial Future Built for the UnbankedCelo is a platform that aims to enable global payments with cryptocurrency for anyone, using their mobile phone. To achieve this ambitious goal, Celo relies on decentralized application (dApp) developers to build solutions

China's Central Bank Stimulus Plan Boosts Financial Markets, Bitcoin Breaks $64,000, Poised for Strongest September on RecordFinancial markets have regained optimism following the release of China's comprehensive stimulus plan. Data from Bitpush shows Bitcoin fluctuating near $63,200, subsequently breaking through the $64,000 resistance level

Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the PackDuring the first half of 2024, global central bank gold purchases reached a record high of 483 tons, driving gold prices to unprecedented levels. This staggering figure represents a 5% increase from the previous record of 460 tons set in the first half of 2023, with central bank gold purchases in the second quarter alone surging 6% year-on-year to 183 tons

Bitcoin Spot ETFs Continue to Attract Investment: Institutional Investors Increase Exposure, Morgan Stanley Becomes First Wall Street Bank to Recommend ThemThe second quarter of this year witnessed a surge of capital flowing into Bitcoin spot ETFs, which debuted in January, as more traditional investors embrace the asset class. This trend is evident in the latest data from regulatory filings, revealing increased participation from hedge funds, pension funds, and banks

November 7, 2023: The global money market has recently experienced a round of intense turbulence, with Bitcoin prices once again reaching historic highs. At the same time, central banks around the world have announced strengthening regulatory measures for digital currencies

In the current bear market atmosphere, Ethereum and Bitcoin are struggling together, but this has not stopped people from making bullish predictions about digital assets.The recent bullish forecast comes from British multinational bank Standard Chartered Bank, which believes that Ethereum prices may climb to a higher level of $8000

According to Standard Chartered Bank, the price of Ethereum blockchain's native cryptocurrency, Ethereum (ETH), may rise from around $1600 to $8000 by the end of 2026.We believe that Ethereum's established dominant position in smart contract platforms, as well as its emerging applications in gaming and tokenization, may push ETH to the level of $8000 (five times the current price of $1600) by the end of 2026, "said Geoffrey Kendrick

The co founders of BitMEX recently stated that if the central bank continues to raise interest rates, the price of Bitcoin ($BTC) may soar.In the latest blog article, Hayes challenged the traditional view of linking Bitcoin prices to interest rates, pointing out that the economic models adopted by central banks and governments are no longer applicable to the current new environment

Titanium Media App reported on July 10th that Standard Chartered Bank expects Bitcoin to rise to approximately $50000 per coin by the end of this year and may reach $120000 per coin by the end of 2024.

Standard Chartered Bank predicts that Bitcoin may reach $50000 this year and $120000 by the end of 2024. The bank predicts that the rise in Bitcoin prices may encourage Bitcoin "miners" to hoard more Bitcoin supplies