Circle introduces USDC in Brazil and Mexico via local payment systems

[ad_1] Key Takeaways USDC can now be accessed directly using Brazilian Reais and Mexican Pesos. Integration with PIX and SPEI speeds up transactions in Brazil and Mexico. Share this article Circle announced... Read more »

Gold breaks all-time high as Bitcoin surges 7% in September in face of economic decline

[ad_1] Key Takeaways Central banks and institutions are significantly increasing gold buying as the economic outlook worsens. The declining US Dollar Index has made gold more attractive to foreign investors, boosting demand.... Read more »

Crypto products see $321 million in inflows, Ethereum funds lag

[ad_1] Key Takeaways Digital asset investment products saw $321 million inflows following Fed’s dovish stance. Ethereum experienced its fifth consecutive week of outflows, totaling $29 million. Share this article Crypto products saw... Read more »

Bitcoin nears major breakout as it approaches 200-day moving average

[ad_1] Key Takeaways Bitcoin’s approach to the 200-day MA could signal a new bullish trend. Minimal liquidations indicate cautious trading and limited downward pressure. Share this article Bitcoin has been trying to... Read more »

Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

[ad_1] Key Takeaways TrueX introduces a stablecoin-centric trading platform, aiming for minimal slippage between various stablecoins. The exchange secures $9 million in seed funding and collaborates with major crypto investors and companies.... Read more »

Fed makes aggressive 50 bps cut amid recession fears

[ad_1] Key Takeaways The Fed’s rate cut to 4.75%-5.00% reflects rising economic concerns. Major banks increase recession probabilities following the Fed’s decision. Share this article The Federal Reserve cut interest rates by... Read more »

Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut

[ad_1] Key Takeaways Bitcoin and S&P500 both increased following the Fed’s rate cut. The crypto market cap increased by over 3% in the last 24 hours. Share this article Bitcoin (BTC) experienced... Read more »

Bitcoin enters ‘bull pennant’ breakout as S&P 500 hits all-time high

[ad_1] Key Takeaways Bitcoin’s bull pennant pattern suggests a potential rally with a target of $158,000 by 2025. The S&P 500 reaching a record high coincides with bullish signals for Bitcoin. Share... Read more »

Bank of Japan maintains interest rates at 0.25% after core inflation firm to 2.8%

[ad_1] Key Takeaways BOJ keeps rates at 0.25% following a 2.8% rise in CPI. US Federal Reserve cuts rates by 50 basis points, contrasting BOJ’s policy. Share this article The Bank of... Read more »

BingX pledges to reimburse users after security breach

[ad_1] Key Takeaways BingX suffered a security breach targeting its hot wallet. The exchange commits to fully reimbursing affected users using its own funds. Share this article BingX, a Singapore-based crypto exchange,... Read more »