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🧐🪙 At the end of August, the first token tied to the euro will appear
In the European Union, the first stablecoin tied to the euro, which meets the requirements of MiCA, appeared. Luxembourg-headquartered European payments bank Banking Circle has launched the first MiCA-compliant crypto-asset regulated EURI stablecoin.
EURI is the first e-money token launched by Banking Circle and the first MiCA regulated stablecoin issued and backed by a bank in the EU. The stablecoin will be sold on the largest crypto exchange Binance from August 28. Later, EURI will appear on other exchanges as well.
In the European Union, the first stablecoin tied to the euro, which meets the requirements of MiCA, appeared. Luxembourg-headquartered European payments bank Banking Circle has launched the first MiCA-compliant crypto-asset regulated EURI stablecoin.
EURI is the first e-money token launched by Banking Circle and the first MiCA regulated stablecoin issued and backed by a bank in the EU. The stablecoin will be sold on the largest crypto exchange Binance from August 28. Later, EURI will appear on other exchanges as well.
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🚨 The Court of First Instance of Dubai recognized the legality of using cryptocurrency to pay wages in employment contracts
The case concerned an employee who claimed that his employer had failed to pay him wages, wrongful dismissal compensation and other benefits.
The employee's employment contract provided for a monthly salary in fiat money and EcoWatt tokens.
The dispute arose out of the failure of the employer to pay part of the employee's salary in tokens within six months.
The case concerned an employee who claimed that his employer had failed to pay him wages, wrongful dismissal compensation and other benefits.
The employee's employment contract provided for a monthly salary in fiat money and EcoWatt tokens.
The dispute arose out of the failure of the employer to pay part of the employee's salary in tokens within six months.
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Capital outflow from spot Ethereum-ETFs decreased to $98 million
✔️Negative dynamics in the American spot Ethereum-ETF sector is gradually slowing down.
✔️Net daily capital outflow decreased from $162.67 million to $98 million.
✔️In general, the Grayscale Investments product lost $1.72 billion.
✔️Negative dynamics in the American spot Ethereum-ETF sector is gradually slowing down.
✔️Net daily capital outflow decreased from $162.67 million to $98 million.
✔️In general, the Grayscale Investments product lost $1.72 billion.
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The US government transferred about 30,000 $BTC ($2 billion) to new wallets
It is assumed that 10,000 $BTC was directed to the institutional custodial service. They will probably be sold on the OTC.
Donald Trump previously stated that he would not sell confiscated BTC if he became president.
It is assumed that 10,000 $BTC was directed to the institutional custodial service. They will probably be sold on the OTC.
Donald Trump previously stated that he would not sell confiscated BTC if he became president.
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The prices of video cards will soar already in August - this is reported by the Taiwanese mass media.
NVIDIA will immediately reduce the production of gaming video cards by 50% - the culprit is neural networks, the company is preparing to release special cards for AI work.
If you wanted to update, you should do it now.
NVIDIA will immediately reduce the production of gaming video cards by 50% - the culprit is neural networks, the company is preparing to release special cards for AI work.
If you wanted to update, you should do it now.
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🧐🇺🇸Trump promises to make the USA the world leader in cryptocurrency
US presidential candidate Donald Trump, who has previously criticized cryptocurrency, has said he will make the country a global leader in cryptocurrency and introduce fairer regulation of the sector. Trump, in particular, is proposing the creation of a presidential advisory council on cryptocurrencies and a national bitcoin "reserve" using cryptocurrency currently held by the US government, which has been largely seized by law enforcement.
"If we don't adopt cryptocurrency and bitcoin technology, China will, other countries will. They will dominate, and we cannot allow China to dominate. They have already made too much progress," Trump said.
US presidential candidate Donald Trump, who has previously criticized cryptocurrency, has said he will make the country a global leader in cryptocurrency and introduce fairer regulation of the sector. Trump, in particular, is proposing the creation of a presidential advisory council on cryptocurrencies and a national bitcoin "reserve" using cryptocurrency currently held by the US government, which has been largely seized by law enforcement.
"If we don't adopt cryptocurrency and bitcoin technology, China will, other countries will. They will dominate, and we cannot allow China to dominate. They have already made too much progress," Trump said.
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🏎💸Ferrari allowed to buy cars in Europe for cryptocurrency
Previously, this option was only available to US residents. The company concluded an agreement with the BitPay service. It enables transactions in $BTC , Ethereum and USDC. Ferrari does not exclude the implementation of the initiative in a number of other countries where cryptocurrency can be legally used in payment transactions.
As part of the partnership, BitPay instantly converts cryptocurrency payments into traditional currency on behalf of Ferrari dealers, protecting them from price fluctuations and eliminating customer fees.
Previously, this option was only available to US residents. The company concluded an agreement with the BitPay service. It enables transactions in $BTC , Ethereum and USDC. Ferrari does not exclude the implementation of the initiative in a number of other countries where cryptocurrency can be legally used in payment transactions.
As part of the partnership, BitPay instantly converts cryptocurrency payments into traditional currency on behalf of Ferrari dealers, protecting them from price fluctuations and eliminating customer fees.
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💰 Elon Musk continues to believe in Bitcoin; according to official data, 9720 $BTC is stored on the Tesla account.
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Tesla presented its financial report for the II quarter of 2024. According to the document, Tesla did not sell or buy Bitcoin during this period. At the same time, the company's total revenue reached $25.5 billion.
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Tesla presented its financial report for the II quarter of 2024. According to the document, Tesla did not sell or buy Bitcoin during this period. At the same time, the company's total revenue reached $25.5 billion.
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Token2049
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The Fed meeting is today, ,
At the moment, the expectations are as follows:
⚫ ~64% - the rate will be reduced by 0.50%.
⚫ ~36% — the rate will be reduced by 0.25%.
Unexpectedly, the market expects a 0.50% decline, which is not fully priced in. Therefore, such a move by the Fed could trigger a short-term rise in the market. But 0.25%, given market expectations, could, on the contrary, lead to a short-term decline.
At the same time, former head of BitMEX Arthur Hayes said from the stage of Token2049 that the Fed will collapse the market by lowering the key interest rate.
What are your expectations?
The rate will be reduced by 0.25% —🔥
The rate will be reduced by 0.50% — 👍
Pause / raise —😱
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