Global

As the global cryptocurrency market continues its rapid expansion, a notable trend is emerging: the increasing demand for stable digital assets. Among these, tokenized versions of traditional financial instruments, such as US Treasurys, are capturing significant interest.

In a concerning revelation, Australia's competition watchdog, the Australian Competition and Consumer Commission (ACCC), has found that over 58% of cryptocurrency advertisements on Facebook either violate Meta’s policies or potentially promote scams.

On August 14, 2024, Crypto.com, a prominent Singapore-based cryptocurrency exchange, made headlines with its announcement of a groundbreaking partnership with the UEFA Champions League.

Bitcoin miners are showcasing renewed confidence in the cryptocurrency market despite recent challenges. Marathon Digital, a leading Bitcoin mining firm, has significantly increased its Bitcoin reserves, and the network's hashrate has soared to an all-time high.

XRP, the native token of the Ripple network, is currently navigating a precarious phase in its price trajectory. After experiencing significant volatility in recent months, XRP’s price is on the brink of a critical juncture.

Bitcoin surged past $61,000 during early Asian trading on Wednesday, marking a recovery from a recent price drop. As a leading asset in the crypto market, Bitcoin’s performance often signals broader trends.