Blockchain technology has gained attention as a possible solution for securing elections and improving transparency. With rising concerns about election fraud, hacking, and low voter turnout, finding a way to make voting more secure and accessible is crucial. Blockchain voting […] The post Blockchain and the Future of Voting: Secure and Transparent
Sources Suggest Revolut May Be Developing Its Own Stablecoin
Fintech giant Revolut is reportedly gearing up to launch its own stablecoin, according to sources familiar with the matter.
Crypto Exchange Volumes Reach Highest Levels Since May, Top Performer Gains Over 560%
Although August was one of the worst months for Bitcoin (BTC) price this year, retail investor activity on leading centralized exchanges rebounded significantly. Reaching nearly $910 billion, August volumes hit their highest levels since May 2024. However, it’s worth noting that this is still over 50% less than the record-breaking March when
Australian S&P/ASX 200 Index Hits All-Time High
As seen on the S&P/ASX 200 chart (Australia 200 on FXOpen), today’s candle surpassed the 8200 level, marking a new all-time high. Positive sentiment was driven by: → The Federal Reserve’s decision to cut interest rates, which led to a surge in volatility and set historical records for gold prices (XAU/USD), the S&P 500 index […
BlackRock Bitcoin ETF inflows in September Reach $7 Million
BlackRock’s iShares Bitcoin Trust (IBIT) saw a slow month in September, with net inflows of just $6.76 million. This comes despite a nearly 5% increase in Bitcoin prices, a factor that usually boosts fund inflows. Source: https://www.cryptometer.io/news/blackrocks-bitcoin-trust-secures-260m-amid-record-etf-inflows/ IBIT’s performance varied […] The
Dollar Trades Mixed After Fed Rate Cut
The Federal Reserve surprised the market yesterday by cutting the dollar rate by 0.5%, with expectations that a similar reduction might occur by the end of the year. The dollar initially dropped sharply following the announcement but then partially recovered after comments from Jerome Powell. The Fed Chair stated that the current decision would not
Exclusive: Ex-CEO of Admirals Launches DEX White Label Solution on Solana
In the first half of this year, Victor Gherbovet, who previously collaborated with the FX/CFD broker Admirals for over a decade, decided to launch his own software-as-a-service (SaaS) technology company, FirstByt. Now, as Finance Magnates exclusively learned, the company is introducing a white-label solution for firms looking to launch their own de
Donald Trump Treats Supporters to Burgers, Pays in Bitcoin
Donald Trump made a gesture to the crypto community on September 18, buying burgers for supporters and paying with Bitcoin (BTC).
Fed Cuts Interest Rates by 0.5%
As we have frequently noted, a rate cut by the Federal Reserve seemed inevitable. Market participants debated whether the reduction would be 0.5% or 0.25%, and those predicting a 0.5% cut were proven correct. According to Bloomberg, a narrow majority of 10 out of 19 committee members supported the 50-basis-point cut. Seven members favoured an [&hel