The crypto market continues to move and today we have key news that is shaping the global agenda. Here are the most important points 👇
📉 Market and Macro
Bitcoin on alert ⚡: indicators suggest a possible bearish shift, while traders look to the FED's Jackson Hole symposium.
BTC recovers 🔄: rose above $114K, while ETH surged more than 4%.
Powell and interest rates 💵: the FED anticipates that there are no reasons for cuts, which cools market euphoria.
In Asia, institutional investors are rotating towards ETH and projects with real adoption, leaving behind the retail 'altseason'.
🛠️ Innovation and Ecosystems
MetaMask + Stripe 💳: the new stablecoin mUSD arrives, promising to revolutionize payments within web3.
SWIFT tests XRP and HBAR 🌐: the global financial network is testing these blockchains to improve cross-border payments.
BlockDAG 💡: raises over $379M in its presale, positioning itself as a competitor to Ethereum, NEAR, and Polygon.
⚖️ Regulation and Politics
🇺🇸 U.S. advances in crypto regulation: Senator Lummis seeks to pass a key law before Thanksgiving.
🇬🇧 The United Kingdom sanctions Russian crypto networks, including firms in Kyrgyzstan, to curb financial evasion.
🇨🇳 China analyzes yuan-backed stablecoins 🏮 to strengthen its global financial influence.
🚨 Scandals and Controversies
😱 Million-dollar fraud: victim loses $91M in BTC in a fake tech support scam.
🐘 Trump Coins in free fall: the tokens $TRUMP and $MELANIA lose between 88% and 98% of their value, although the Trump family has already pocketed millions.
📊 Conclusion
The crypto ecosystem is experiencing a day full of movements:
🔹 Bitcoin with bearish signals.
🔹 Innovation with MetaMask, Stripe, and SWIFT.
🔹 Increasingly strict regulations in the U.S., China, and the United Kingdom.
🔹 And as always, scams and controversies that remind us of the importance of investing cautiously.
👉 What do you think? Do you believe that regulation will provide more confidence or hinder innovation?
