China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $ 653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel and textiles, further enhancing their global influence after expanding its …
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession fears are easing. UBS advises investors to hold onto risk assets, citing […]
Bitcoin Betting Is Launching an Unstoppable DeFi App for Sports Betting and Prediction Markets With No KYC
Bitcoin Betting is launching its cutting-edge DeFi app, designed for sports betting and prediction markets. The app targets semi-professional sports bettors who value privacy, high limits, great odds and peace of mind, knowing that their funds are secure and can always be withdrawn within seconds on the Ethereum blockchain. With no KYC requirements, identity management […]
QCP Capital: Middle East Tensions Hit Bitcoin Harder Than Traditional Markets
In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market. According to QCP’s researchers, the market response has been muted in tradefi, but risk assets and digital currencies like bitcoin (BTC) faced more substantial losses. QCP Researchers Analyze Crypto Market […]
Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets
Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. One expert believes play-to-earn games can serve as a bridge to mass crypto adoption by leveraging the popularity of gaming and introducing users to the […]