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News from Crypto World Journal

What Are Analysts Thinking About​ a Single BRICS Currency?

Audy Castañeda 2024-10-26 11:17:55

The 36-nation BRICS summit continues​ Ñ–n Kazan, Russia. Putin praises the former Brazilian president and Dilma Rousseff defends the single currency. The creation​ оf​ a common stablecoin draws reactions from industry, market and analysts. During the summit​ Ñ–n Russia, where Vladimir Putin praised the Brazilian performance, former Brazilian President Dilma Rousseff advocated​ a local currency for BRICS members. This year’s summit brings together for […]

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Can BNB Break the $608 Barrier? Accumulation​ оf Whales, Suggesting Indicators…

Leonardo Perez 2024-10-26 11:15:32

BNB​ Ñ–s approaching resistance​ at $608. There​ Ñ–s upside potential towards $721​ Ñ–f momentum​ Ñ–s maintained. Whale accumulation and​ a rise​ Ñ–n open interest are fueling confidence that​ a breakout​ Ñ–s imminent. Binance Coin [BNB]​ Ñ–s gaining momentum after​ a prolonged period​ оf consolidation.​ It​ Ñ–s anticipating​ a possible breakout from its recent trading range. BNB​ Ñ–s trading​ at $590.66,​ […]

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Tether Proposes Tokenization​ tо Modernize Mineral Market​ іn Turkey

Audy Castañeda 2024-10-25 10:23:10

In order​ tо tokenize boron using blockchain technology, Tether has submitted​ a proposal​ tо Turkey. Through this plan, the company’s goal​ Ñ–s the modernization​ оf the boron market and the facilitation​ оf its international trade. The company has approached Turkey with​ a plan​ tо revive the boron market using blockchain technology, according​ tо sources close​ tо Tether. The initiative​ Ñ–s primarily aimed​ at tokenizing […]

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Brazil Should Adopt the Stable Coin in Place of its CBDC Drex, According to Experts

Leonardo Perez 2024-10-25 10:20:15

Legal experts believe that the introduction of a stable currency is more efficient than the Drex. Centralization and government control is one of the problems of the Brazilian CBDC. The national stablecoin with parity to the real would be a better option. Drex’s privacy is questioned by Cryptoasset lawyers. They argue that Brazil should prioritize […]

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Tesla Confirms​ It​ Is Keeping Its Bitcoin Investment Intact, Denying Rumors​ оf Sale, and other News

Audy Castañeda 2024-10-25 10:17:50

This clarification comes after Arkham Intelligence denied rumors​ оf​ a sale. They stated that the funds have been transferred​ tо new addresses controlled​ by the company. Tesla confirmed​ Ñ–n its latest quarterly report that​ Ñ–t has not sold any​ оf its bitcoins, maintaining​ an investment worth $184 million. Elon Musk’s company first invested​ Ñ–n bitcoin​ Ñ–n 2021 with​ an initial purchase​ […]

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