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Revolut plans to launch its own stablecoin. Rumors have emerged that the company is well into developing a stablecoin, and obtaining a banking license in the UK has only bolstered its position. A Revolut representative mentioned that the company is focused on expanding its cryptocurrency offerings while ensuring compliance with regulations to build trust in the crypto market. The stablecoin market, dominated by Tether (USDT) and Circle (USDC), is attracting more players, potentially driven by new crypto regulatory frameworks like the Markets in Crypto Assets (MiCA) in Europe. Revolut is aiming to enter this market due to increasing interest in stablecoins and evolving regulations across Europe.
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imagine that smell if Powell increase the interest rate 0.25 bp) $BTC
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BlackRock has released a report on Bitcoin for its clients, viewing it as an asset with unique characteristics that could serve as an effective means of diversification in the face of growing global instability. $BTC
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BlackRock and Microsoft plan to create a fund for artificial intelligence infrastructure. The group intends to raise $30 billion in initial capital and plans to attract up to $100 billion in the future, including through debt financing For AI sector its can be the good narrative!Ā I personally think AI its Pandora's box...nothing good for humanity. + I think bear market will start with some issues with AI. AI will crash the market.Ā $BTC
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Bank of America reports the first improvement in investor sentiment since June, according to a survey of fund managers with more than $632 billion in assets. ā Investor optimism is linked to expectations of a cut in the Fed's interest rate. ā Despite fears of a recession, most do not predict one in the next 12 months. ā 79% of fund managers believe in a āsoft landingā of the economy. ā Investors are increasing SHORT positions in Chinese stocks and LONG positions in gold. ā 42% believe the global economy will not grow next year. ā Investments in cyclical and commodity goods have reached a seven-year low. $BTC
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