Auto Added by WPeMatico

Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans

Over the past few weeks, there’s been a buzz of intrigue and speculation around World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr.…

Continue ReadingSpreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans

$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges

While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market…

Continue Reading$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges

Bitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading

On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million…

Continue ReadingBitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading

Report: Central Bank Gold Demand Surges in July Amid Rising Prices

Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World…

Continue ReadingReport: Central Bank Gold Demand Surges in July Amid Rising Prices

Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers…

Continue ReadingCrypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin…

Continue ReadingAcademic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

Venezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’

Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales…

Continue ReadingVenezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’

Google Trends Data Reveals Cooling Interest in Bitcoin Amid Market Uncertainty 

As bitcoin prices slipped under $60,000 in early September, the once-electric excitement around bitcoin seems to have dimmed, as reflected in Google Trends data. Back on Jan. 1, 2024, the…

Continue ReadingGoogle Trends Data Reveals Cooling Interest in Bitcoin Amid Market Uncertainty 

Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC…

Continue ReadingBitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded…

Continue ReadingLatam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes