Global

Venezuela’s government has imposed restrictions on various online services, including the cryptocurrency exchange Binance and the social media platform X, following unrest over disputed presidential election results.

Bitcoin (BTC) is currently navigating a period of consolidation following a recent downside correction. After failing to maintain momentum above $62,500, BTC has retraced below $60,000 and is now stabilizing around the $58,500 support zone.

The cryptocurrency market has experienced explosive growth in recent years, drawing both retail and institutional investors. As digital assets gain mainstream acceptance, new investment vehicles have emerged to cater to varying investor profiles.

BlackRock’s iShares Ethereum Trust (ETHA) is on track to become the first U.S. spot Ethereum exchange-traded fund (ETF) to achieve $1 billion in net inflows. Launched just three weeks ago, ETHA has already attracted approximately $901 million in net capital, according to data from Farside Investors.

The Federal Reserve Bank of Boston’s President Susan Collins recently suggested that the central bank might consider easing interest rates soon. This potential shift, with cuts possibly beginning on September 18, could significantly impact financial markets, sparking a bullish trend.

Charles Hoskinson, the founder of Cardano, has recently voiced strong criticisms regarding Vice President Kamala Harris and her potential impact on the U.S. cryptocurrency industry. Hoskinson's remarks highlight ongoing concerns about the Biden-Harris administration's stance on crypto regulations and its implications for the industry.