The future of physical cash is at stake as more and more countries look at ways to abolish its use. In Brazil, the discussion about Drex, a digital currency planned by the Central Bank, is gaining momentum, as is support for the project. However, one congresswoman has decided to join the fight and try to prevent the implementation of Drex as a CBDC.

This is Federal Deputy Julia Zanatta (PL/SC), who created Bill No. 3,341/2024. According to the deputy, the PL does not aim to prevent the progress of Drex, but rather to prevent the extinction of paper money. With this, digital currency would not have a monopoly as a means of exchange in Brazil.

Binance has revealed plans to end pre-market trading for Scroll and begin spot trading soon, sparking optimism about SCR price action.
Published by
Coingape Team
Updated October 18, 2024 | 08:34:45 UTC

Binance Expands Trading Offerings for Scroll, SCR Price Gains Ahead?
Highlights

Binance has revealed new spot trading pairs for Scroll (SCR).
The exchange has notified users that pre-market trading of the token is about to end.

Google News CriptoFacil
A busy week is shaping up in the United States, with several economic reports and speeches from the Federal Reserve (Fed) on the radar. Cryptocurrency markets are already facing some volatility this Monday (14), with Bitcoin rising almost 4% to US$ 64,900. This volatility could intensify in the coming days.

During this week, investors will focus on retail sales and industrial production data. These data often serve as thermometers of economic conditions and possible inflationary trends.

Bitcoin erased its weekly losses on Friday, 11, as investors assessed inflation data in the United States, awaited announcements of more stimulus by the Chinese government and monitored the US election scenario.

Bitcoin rose 5.72% in the last 24 hours until 4 pm, to US$62,882.00, according to Binance. At its highest in 24 hours, the cryptocurrency touched US$62,973.47. During the week, the digital currency accumulated a gain of around 0.12%. Ethereum, in turn, gained 3.83%, to US$2,446.13, in one day. And it rose 0.24% in the week.

The Top 10 cryptocurrencies had a mixed performance this Wednesday (09), but the appreciations stood out. On the negative side, Bitcoin (BTC) registered losses of 0.6% and is still far from seeking new highs. According to CoinGecko, one BTC opened the day worth US$ 62,047.
On the other hand, Bitcoin has come out of the negative field within the weekly period and has now accumulated gains of 1.4% in the last seven days. Ethereum (ETH) remains stable at US$ 2,430, with a slight increase of 0.1%, while the seven-day result continues with a drop of 0.6%.

Bitcoin hits $90,000 under Trump, drops to $40,000 under Kamala, says Bernstein
The current administration of Joe Biden, with Kamala Harris as vice president, has been widely criticized by the cryptocurrency industry, which complains about regulatory pressure. Donald Trump has shown himself to be in favor of the sector, having even spoken at the Bitcoin 2024 conference.

Analysts at global research and investment firm Bernstein have made a bold prediction about the impact of the US presidential election outcome on the price of Bitcoin.

In an interview with EXAME, Coinbase's regional director for the Americas spoke about the exchange's expectations for the last quarter of 2024.

This year's US presidential election is expected to have the "greatest impact" in the history of the cryptocurrency market. This is what Fabio Plein, regional director for the Americas at Coinbase, said in an exclusive interview with EXAME. The person responsible for the exchange's operations in Brazil also spoke about expectations for the last quarter of the year.

HomeCryptocurrenciesWhale Money Abandons Solana and Toncoin for $0.03 Token with 8000x Expectation

Cryptocurrency investors have started to shift away from established coins like Solana (SOL) and Toncoin (TON) amid increased market volatility as the Middle East war unfolds. Investors, including prominent whales, are now looking for alternative opportunities.

One of the most promising alternatives is a pre-sale token currently priced at $0.0344. It is gaining attention for its potential for extraordinary returns, with projections suggesting it could skyrocket by an astonishing 8000x.

Pepper (PEPPER)
The friendly Pepe the Frog, one of the most well-known memes on the internet, has become a cryptocurrency, Pepe coin. Although the meme first appeared in 2005, in April 2023, the cartoon was the face of one of the most meteoric rises in currency history.

It comes in the wake of the popularity of meme coins, which bring together communities engaged in spreading the word. Memes are images that are widely shared on the internet around the world. They are simple drawings, whose meanings can be different depending on the culture in which they are installed.