Here are some of the current events in the crypto world:
1. Donald Trump Token: World Liberty Financial, a crypto project linked to Donald Trump’s family, is launching. The platform is planning to launch its own token, but the details have not yet been revealed.
2. Bitcoin Market: The number of addresses depositing funds on exchanges has fallen to a six-year low. At the same time, analysts predict a possible price increase to $60,000 after the expected rate cut by the US Federal Reserve.
3. DeFi and NFT: Lawmakers are urging crypto ATM operators to step up their fight against fraud. There is also an increase in investment flows into digital assets after a recent outflow of $1.2 billion.
4. Exchanges and Regulation: Crypto exchange Bybit has received temporary permission to operate from the Dubai regulator, indicating potential for growth in the UAE crypto market.
5. Hong Kong and Artificial Intelligence: Hong Kong plans to issue guidelines on the use of artificial intelligence in the financial sector, including cryptocurrencies, highlighting the importance of regulating the cryptocurrency market.