Breaking news! Giant Bank Starts Spot Transactions for Bitcoin and Ethereum.
There was a hot development in the cryptocurrency world today. Standard Chartered, a pioneer among global banks, is preparing to open a trading desk for #Bitcoin and #Ethereum , according to sources familiar with the matter, as reported by Bloomberg. This move makes Standard Chartered the first major financial institution to step into spot cryptocurrency trading.
Sources, who requested anonymity due to the sensitivity of the information, stated that the crypto trading desk to be established is approaching operational readiness and will be integrated into the bank's existing FX trading unit. The unit, which is expected to be headquartered in London, will place Standard Chartered in a strategic location within the global financial hub where significant crypto trading activity already takes place.
The meaning of this initiative for the cryptocurrency world can now be considered as a sign that they are being adopted within traditional finance.
With Standard Chartered's decision to establish a crypto trading desk, many institutional and individual investors who have not yet entered the field will now be introduced to cryptocurrencies. Despite this positive development, Bitcoin has fallen to the level of $ 63,600.
Kiyosaki: “I hear too many excuses not to buy Bitcoin”
Robert Kiyosaki, author of the book Rich Dad Poor Dad, stated that he encountered too many excuses when encouraging people to buy Bitcoin. The author made important suggestions.
Robert Kiyosaki, who frequently recommends Bitcoin, gold and silver, attracted great attention with his post on X. Addressing investors, Kiyosaki commented, "Don't be one of the losers."
Kiyosaki reiterates Bitcoin recommendation Kiyosaki stated that he encountered too many excuses while giving Bitcoin advice and that he was disappointed by these excuses.
The famous author stated that the most common excuse of investors is "#Bitcoin is too expensive." According to Kiyosaki, although BTC is at a high level, it is not as high as its destination. “I'm just repeating my rich dad's lesson about investing,” the author commented.
Kiyosaki said that everyone dreams of buying #BTC at $ 10, but those days are behind us. The author recommends not to look at the price and says, “Your profit is made when you buy, not when you sell.” said.
Kiyosaki, who previously gave buying advice on Bitcoin, gold and silver, repeated his opinion. The famous name stated that investors should purchase #BTC as much as their budget.
Bitcoin analyst Willy Woo commented on Kiyosaki's post. Woo stated that BTC's run will end when everyone invests, and only 4.7 percent of people have invested yet.
Woo stated that people should continue buying #BTC until everyone invests. According to the Bitcoin analyst, this behavior is just one of the strategies of venture capitalists.
BREAKING: SAUDI ARABIA ENDS 80-YEAR PETRODOLLAR DEAL WITH U.S.�
How awesome would it be if Saudi would accept $BTC 👇 What are your thoughts on Saudi Arabia ditching
Saudi Arabia’s decision to end the petrodollar agreement marks the beginning of a significant shift in global economic dynamics. This move can reshape the landscape of global economic in terms of reserve currency 💴
� Saudi Arabia has also joined Project #mBridge , a collaborative initiative exploring a digital currency platform shared among central banks and commercial banks. This project aims to facilitate instant cross-border payments and foreign-exchange transactions using distributed ledger tech
🔗 Project This decision signifies a significant departure from the petrodollar system, which was established in 1972 when the US decoupled its currency from
🌐 Broader Implic By choosing not to extend this contract, Saudi Arabia is now free to sell oil and other goods using various currencies such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There is also speculation about the potential use of digital currencies like Bitcoin for transact
🔄 Shift in P The original deal set up joint commissions for economic cooperation and addressed Saudi Arabia's military needs. American officials hoped it would incentivize Saudi Arabia to increase oil production and strengthen economic ties with Arab countr 🔍 Backg
💡 Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, according to media reports. This historic agreement, initially signed on June 8, 1974, played a crucial role in establishing US global economic domina - Saudi can now use other currencies like RMB, Euros,
- Deal allowed Saudi oil sales in US dollars on - Saudi Arabia ends 80-year petrodollar deal with the
Is He the biggest unfortunate losser in the known history of Crypto????
1. Stefan Thomas, early adopter of #Bitcoin was awarded with 7002 Bitcoins ( Worth hundrads of millions today) in 2011 for an animated video regarding crypto currency.
2. As the time passed, he came to see his Bitcoins stored in an Iron key, USB hard drive; he had forgotten the password.
3. The iron key provides with only 10 guesses before it encrypts contents permanently.And he is left with only 2 guesses today. #LessonToBeLearnt :
a. We all proud ourselves on the decentrality and independence of crypto. No doubt, it is indeed one of the greatest attribute of cryptocurrency but it is double edged sword as well.
b. We need to understand the value of protecting and conserving the passkeys, so we don't have to come across such devastating situations.