Crypto

Source: Coin Tegraph The USDt issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit. Read Full Article

Source: Bitcoinist The world’s largest meme coin, Dogecoin (DOGE) could see even more heated competition from its primary rival, Shiba Inu (SHIB). According to Shiba Inu’s lead marketer, Lucie, SHIB could potentially surpass Dogecoin, especially with Tesla Chief Executive Officer (CEO), Elon Musk’s support for DOGE. This fierce competition would be driven by the potential…

Source: Coin Tegraph The perpetual futures DEX has set up a foundation and will announce the details of an airdrop next month. Read Full Article

Source: Coin Tegraph The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number.  Read Full Article

Source: Coin Tegraph Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining, and self-custody, according to Galaxy Research. Read Full Article

Source: Bitcoinist Samara Asset Group, a publicly listed German investment firm, has announced plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance. The capital raise is aimed at expanding the company’s investment portfolio and significantly increasing its Bitcoin holdings, positioning it to potentially rival Michael Saylor’s MicroStrategy. $32.8…

Source: Coin Tegraph Bitcoin rallied to $66,300 today, but definitive proof of a structural trend change remains in question.  Read Full Article

Source: Coin Tegraph While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown. Read Full Article

Source: Bitcoinist Bitcoin is at a pivotal turning point following the Federal Reserve’s interest rate cut over three weeks ago. Holding strong above the $60,000 mark, BTC is making strides toward new highs as the entire crypto market anticipates a potential rally in the coming weeks.  This optimistic sentiment is fueled by various indicators, including…

Source: Coin Tegraph Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow. Read Full Article