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Bank of Korea to Launch CBDC Payment Trial in Supermarkets

[Sep 22, 2024 8:30 AM] South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants…

Solana Jumps 10% As Fed Eases Rates, Analysts Eye Even Higher Gains

[Sep 22, 2024 2:00 AM] The fifth largest cryptocurrency by market cap, Solana (SOL), has once again come into the limelight since it saw a significant breakout in its price recently. The token rose by over 10% amid the Federal Reserve rate cuts, once again drawing the…

Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell

[Sep 21, 2024 8:00 PM] Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis…

Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?

[Sep 21, 2024 1:30 AM] As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly…

FATF Urges India to Strengthen Virtual Asset Regulation

[Sep 21, 2024 1:30 AM] India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised…

US Company Settles Salvadoran Coffee Purchase With Bitcoin

[Sep 20, 2024 11:10 PM] According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this…

Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

[Sep 20, 2024 9:30 PM] The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the…

Analyst Predicts A Solana Price Crash To $80 If This Happens

[Sep 20, 2024 2:30 PM] Veteran crypto analyst, Peter Brandt has unveiled a new bearish forecast for Solana (SOL), predicting a massive price crash to new lows around $80. Despite this grim outlook, there remains a potential for a price recovery as other analysts foresee…