XWay

JUST IN: 🇺🇸 President-elect Trump appoints Elon Musk and Vivek Ramaswamy to lead Department of Government Efficiency (DOGE).

A potential Trump administration might boost the crypto industry by promoting clearer regulations and pro-crypto policies, possibly advancing crypto ETFs and stablecoin legislation. The impact, however, will depend on specific regulatory appointments and policy actions.

📌 MARKET OVERVIEW 09.11 📍Notable news: Norway's central bank backs the EU's MiCA crypto regulations and is exploring a CBDC to improve cross-border payments and stability, focusing on privacy and regulatory alignment.

Anthropic and Palantir have teamed up to supply AI intelligence tools for U.S. defense, combining Anthropic’s Claude models with Palantir's secure AWS-based platform to improve decision-making in national security.

📌 MARKET OVERVIEW 08.11 📍Notable news: BlackRock’s Bitcoin ETF recently attracted over $1 billion in new investments as Bitcoin's price nears record highs. This surge reflects growing investor interest in cryptocurrency ETFs amid rising prices.

JUST IN: #Bitcoin records another ATH of $76,679, its fourth one this week 🚀

Other proposals focus on stablecoin regulations, anti-money laundering, and protections for blockchain development.

Key legislation includes the Financial Innovation and Technology for the 21st Century Act, which aims to create a regulatory framework for digital assets, and the CBDC Anti-Surveillance State Act, preventing the Federal Reserve from issuing a consumer CBDC.

As the 2024 U.S. elections near, digital assets are a focal point in political discussions, prompting calls for clear regulations.

SafePal launched its Mini Wallet App on Telegram, enabling users to open Swiss crypto-friendly bank accounts and link them to a Visa card. A digital Mastercard is also planned for release later this year to enhance blockchain compatibility.

So far we've uncovered more than 20 examples of the FDIC telling banks to “pause” or “refrain from providing” or “not proceed” with offering crypto-banking services. The public deserves transparency, not an agency that’s working behind a bureaucratic curtain. 2/3

Russia is expanding BTC mining, AI facilities in BRICS countries with BitRiver to strengthen economic alliances and reduce reliance on the U.S-centric financial system. The project taps into unused energy for BTC mining and may inspire other BRICS nations to adopt same strategies

📌 MARKET OVERVIEW 31.10 📍Notable news: MicroStrategy announced a three-year plan to raise $42 billion—half from equity and half from fixed-income securities—to buy more Bitcoin as a reserve asset for higher BTC returns.

Kamala Harris and Donald Trump are actively seeking support from the cryptocurrency community. Harris aims to implement clearer regulations and favorable policies for digital currencies, while Trump is leveraging the strong pro-crypto sentiment within his voter base.

📌 MARKET OVERVIEW 30.10 📍Notable news: Memecoins like Dogecoin and Shiba Inu saw significant price increases, with the total market cap rising 20% from $53.4 billion to $64.2 billion. Daily trading volume for memecoins surged over 800%, indicating renewed trader interest.

📌 MARKET OVERVIEW 30.10 📍Notable news: Visa has partnered with Coinbase to allow users with eligible Visa debit cards to make instant crypto deposits and withdrawals.

📌 MARKET OVERVIEW 29.10 📍 Notable news: Bitcoin’s price rose recently, driven by strong inflows to U.S. Bitcoin ETFs, reaching new all-time highs in ETF holdings at $66 billion.

Peter Thiel's fund has invested $67.7 million in Infinex, a new NFT marketplace. This funding will support Infinex's development, aiming to enhance user experiences and provide more efficient trading options for digital assets.

📌 MARKET OVERVIEW 29.10 📍 Notable news: Bitfinex analysts believe Bitcoin could reach a new all-time high after the upcoming U.S. election, citing favorable market conditions and the "Trump trade" narrative.

📌 MARKET OVERVIEW 28.10 📍 Notable news: Vitalik suggested that community representatives should stake ETH instead of continuously selling it. The Ethereum Foundation is also considering issuing some grants in the form of staking.