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Key Events of the Week in DeFi and Cryptocurrency

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by Giorgi Kostiuk

2 years ago


As the DeFi and cryptocurrency space rapidly evolves, staying informed about the latest events and trends is crucial. Our weekly recap offers a concise yet comprehensive view of the most significant news and trends.

Binance Secures Regulatory Approval in Argentina

Binance has received regulatory approval in Argentina by registering in the country's Virtual Asset Service Providers registry. This achievement enables Argentine users to access the full range of Binance's cryptocurrency services. This marks Binance's 20th regulatory milestone globally.

Coinbase to Delist Stablecoins in Europe

Coinbase announced its intention to remove non-compliant stablecoins from its European platform, including Tether's USDT, to align with the EU's new regulations. Users in the European Economic Area must convert unauthorized stablecoins by December 30.

HBO Documentary on Bitcoin Creator

A new HBO documentary, 'MoneyElectric: The Bitcoin Mystery,' promises to reveal the identity of Bitcoin's elusive creator, Satoshi Nakamoto. Directed by Emmy-nominated filmmaker Cullen Hoback, the film is set to premiere on October 8, 2024.

These events emphasize the importance of swiftly responding to changes in the DeFi and cryptocurrency world as the industry continues to advance rapidly.

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Analysts Warn of Potential Bitcoin Correction Following Fed Meeting

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Analysts warn that Bitcoin may face significant corrections following the Federal Reserve's upcoming meeting and potential leadership change.

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Ethereum Surpasses 190 Million Holders, Leaving Bitcoin Behind

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Ethereum is nearing 190 million holders, significantly surpassing Bitcoin's 59.1 million wallets, indicating a growing adoption gap.

user avatarElias Mukuru

Bitcoin Coinbase Premium Gap Turns Negative After 20-Day Positive Streak

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The Coinbase Premium Gap for Bitcoin has shifted to negative for the first time in 20 days, indicating a change in buying and selling behavior among American investors.

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Digital Asset Sector Sees Positive Net Capital Inflows

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The digital asset sector has experienced a significant shift with positive net capital inflows for the first time since December, with combined monthly netflows into Bitcoin, Ethereum, and stablecoins surging to a positive value of $3 billion.

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Bitcoin Options Market Shifts with IBIT Dominance

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Jeff Park discusses the impact of IBIT options on Bitcoin's volatility and potential price movements.

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Market Analyst Predicts Bitcoin Upside Before Potential Crash

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Market analyst Michael van de Poppe forecasts another strong upside move for Bitcoin before a significant downturn.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.