Bitget secures Bitcoin license to expand operations in El Salvador

Bitget has secured a Bitcoin Service Provider license from El Salvador’s Central Reserve Bank, allowing it to offer various Bitcoin-related services in the country. The company is also pursuing a Digital Asset Service Provider license to expand its offerings and plans to establish a local team to support the region's digital economy. This move aligns with El Salvador's proactive approach to crypto adoption, further solidifying its status as a global digital asset hub.

XRP search interest surges as price rallies following US elections

Ripple's XRP has surged in popularity, achieving a Google Trends score of 100, its highest ever, following a significant price rally that saw it break above $2.60. However, interest appears to be waning as the price stabilizes between $2.35 and $2.39, with a recent drop in trading volume. Despite this, upcoming developments like the planned RLUSD stablecoin and potential ETFs are keeping investor interest alive.

plus wallet enhances security and rewards in decentralized finance solutions

MetaMask has enhanced the cryptocurrency landscape by partnering with Venmo, allowing U.S. users to buy crypto seamlessly through MoonPay. Meanwhile, Uniswap is achieving record trading volumes of $38 billion monthly on Ethereum Layer-2 networks, reflecting growing interest in decentralized finance.Plus Wallet emerges as a leading solution, offering cross-chain compatibility and robust security features like encryption and two-factor authentication. Its "Swap to Earn" program and referral incentives further attract cryptocurrency enthusiasts.
16:00 16.12.2024

anticipating a crypto rally as 2024 approaches and year-end strategies unfold

As 2024 approaches, the financial landscape shows resilience, with consumer spending expected to boost market sentiment despite potential global tensions. The Santa Claus rally, historically a positive period for stocks, may also benefit cryptocurrencies, especially given the current bull market. Traders are encouraged to accumulate their conviction assets before year-end, anticipating a strong finish to the year.

End of Year Trading Results Show 31.45 Percent Profit Despite Challenges

In the latest trading update, a long trade on the Australian dollar against the US dollar faced challenges, nearing a stop loss but ultimately closing with a loss. Despite some negative trades earlier in the year, the overall performance for "Trade of the Week" concluded with a 31.45% return on investment, achieving 21 winning trades against 20 losses while risking only 2% of capital per trade.

sandoz group stock shows signs of potential trend reversal

Sandoz Group AG Sponsored ADR (SDZNY) has recently experienced an 8.8% decline, but a hammer chart pattern suggests a potential trend reversal as buying interest emerges. Analysts are optimistic, with a 0.4% increase in the consensus EPS estimate over the past month, indicating stronger future earnings.

sandoz group stock shows signs of potential trend reversal and growth

Sandoz Group AG Sponsored ADR (SDZNY) has shown signs of a potential trend reversal after an 8.8% decline, marked by the formation of a hammer chart pattern, indicating reduced selling pressure. Analysts are optimistic, with a 0.4% increase in the consensus EPS estimate and a Zacks Rank #1, suggesting strong future earnings potential. This combination of technical and fundamental indicators positions SDZNY as a compelling buy opportunity.

Hedera and Chainlink partnership enhances DeFi with secure data integration

Hedera has integrated Chainlink's data feeds and Proof of Reserve, enhancing the security and transparency of decentralized finance (DeFi) and tokenized assets. This collaboration allows developers to access reliable offchain data, ensuring accurate market asset prices and real-time collateral verification, fostering trust and operational efficiency. The partnership also promotes interoperability and standardization within the blockchain ecosystem, positioning Hedera as a competitive platform for decentralized applications.

Dow Jones Gains Ahead of Fed Meeting as Super Micro Shares Plummet

The Dow Jones Industrial Average rose 0.1% as markets anticipated a Federal Reserve meeting, while Super Micro Computer plummeted 10% after being removed from the Nasdaq 100. Notable stocks included Palantir, MicroStrategy, and Axon, with earnings reports from Darden, Nike, and FedEx expected this week.

trump's proposed executive order could reshape us crypto regulation on day one

President-elect Trump is urged to issue an Executive Order on his first day in office to halt investigations and prosecutions of crypto companies unless there are credible allegations of fraud or national security threats. This action aims to restore regulatory clarity and encourage innovation in the U.S. crypto market, which has been hindered by aggressive enforcement actions under the current SEC leadership. By doing so, Trump could position America as a leader in the global crypto economy.
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