Brazil Crypto Purchases Plummet 80% in July to $572 Million

Demand for crypto assets fell sharply in July, as the Central Bank of Brazil’s numbers indicate that crypto investments reached only $572 million. This represents an 80% month-on-month decline as exchanges adapt to new anti-money laundering rules announced by the central bank. Brazil’s Crypto Investments Recoil 80% as Regulatory Scrutiny Intensifies The Brazilian crypto industry […]

Bitcoin Price Outlook: Ran Neuner Predicts Potential Upswing

Bitcoin traders are currently navigating a precarious landscape as @cryptomanran’s Ran Neuner suggests potential price movement could be on the horizon. He warns of a probable correction after a strong upward trend, urging caution among investors. The market sentiment remains uncertain, with many sidelined, anticipating a significant pullback to deploy their capital. What Happened In […]

Binance Adds Monitoring Tag to 4 Tokens, Signaling Delisting Risk

Binance applied its Monitoring Tag to AVA (AVA), Gains Network (GNS), Scroll (SCR), and Towns Protocol (TOWNS) on September 4. The label places all four tokens under closer review. Traders reacted quickly. All four tokens dropped following the announcement. What Does the Binance Monitoring Tag Mean? Binance uses the tag to flag assets that are […]

PancakeSwap Encourages RWA Issuers to Quote Assets on SIH

PancakeSwap has announced a new initiative inviting real-world asset (RWA) issuers to quote their assets on the Shared Inventory Hook (SIH). This move, highlighted by the CryptoTwitter commentator @PancakeSwap, aims to enhance liquidity and capital efficiency within the DeFi space. The implications of this could be significant for RWA integration into decentralized finance, as it […]

‘Crypto’ regulation enters new phase in Russia, Thailand

Russia launches crypto rules, Thailand expands access to overseas derivatives as the G20 pushes for clearer digital asset regulations and global standards. The post ‘Crypto’ regulation enters new phase in Russia, Thailand appeared first on CoinGeek.

Bitcoin is Now Less Than 18 Ounces of Gold: BTC XAU Ratio in Focus

Bitcoin (BTC) is changing hands around $80,724, down 0.93% over the past 24 hours, a modest pullback, and certainly one that doesn’t dent the bigger story unfolding against gold. One Bitcoin now buys roughly 18.17 ounces of the metal, the richest ratio since January, per TradingView figures. There’s a number further down worth watching too […]