Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.
Central Bank news
The Financial Intelligence Unit of Nepal has identified growing crypto-related fraud despite a trading ban and proposed transaction monitoring, awareness campaigns and stricter regulations.
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200.
Bitcoin traders are reducing their risk exposure as Donald Trump’s winning odds slide for the upcoming US election.
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.