The United States lifts restrictions on banks' activities in the digital currency space
In a surprising move reflecting a significant shift in the United States' stance towards digital currencies, American banking regulators announced on Thursday the withdrawal of a set of documents and guidelines that required banks to exercise caution when dealing with digital assets and related activities. The Federal Reserve withdraws its supervisory letters
The cryptocurrency market is witnessing a remarkable recovery today
🔹 Aptos The price of Aptos (APT) has risen by about 2% to $5.34 What is the reason for the rise? - A decrease in economic uncertainty caused by escalating trade tensions between the United States and China and the imposition of tariffs - The participation of the Aptos project team in the Expo 2025 in Osaka, which has increased investor interest in the project and its innovation opportunities within the blockchain sector
🔹 Bitcoin Bitcoin has surpassed $94,000 for the first time in weeks with a rise of 9.75% over two days Reason for the rise - Easing tensions between #الولايات_المتحدة and #الصين - Recovery of global markets after Trump backed down from the idea of dismissing the Federal Reserve Chairman
🔹 The total market capitalization of cryptocurrencies surged to $2.95 trillion (+6.4%) thanks to the recovery of global markets
Do you expect the rise to continue? Share your thoughts with us! $APT $BTC
Is it really possible for a currency like XRP to reach 5800 dollars? 🤔
📉 Samson Mo, one of the leading Bitcoin advocates, said: "There is no way for XRP to be worth 5800 dollars… even if we remove the unit bias!"
💡 What does unit bias mean? It is a psychological effect that makes investors think that the 'cheap' digital currency (like XRP at 2 dollars) is a better opportunity than Bitcoin, which has surpassed 85,000 dollars, just because the former seems lower in price per unit.
Negotiations to list a new cryptocurrency linked to the dollar
Binance is also in talks to list a new cryptocurrency tied to the US dollar, launched by World Liberty Financial, a company associated with Trump, on its trading platform.