Russian Deputy Foreign Minister Alexander Grushko has claimed that the European Union has suffered financial losses exceeding €1.5 trillion (approximately $ 1.58 trillion) due to sanctions imposed on Russia. Speaking in Moscow, Grushko described these sanctions as a “self-destructive” policy, criticizing the EU for making what he termed a costly political decision. He highlighted …
Ethereum on Track for $5,000 as Network Activity Surges: Cryptoquant Report
Ethereum may be heading for a breakthrough above $ 5,000, with Cryptoquant analysts pointing to a mix of tightening supply, climbing demand, and lively network activity as driving factors. Will Ethereum Break $ 5K? Cryptoquant Highlights Key Indicators According to Cryptoquant‘s December 2024 analysis, ethereum (ETH) is riding a wave of favorable trends, …
Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AI
A recent KPMG report shows a 14% decline in the number of active firms in Australia’s blockchain and cryptocurrency sector in 2024. M&A and Investment Activity Subdued in 2024 According to a recently released KPMG report, the number of active firms in Australia’s blockchain and cryptocurrency sector dropped from 85 to 74. This translates to […]
Binance Ranks as the Most Visited Crypto Site and 6th in Financial Services: Cloudflare Report
According to Cloudflare’s 2024 web traffic report, Binance is the most visited cryptocurrency platform. Binance Attracted the Most Web Visits in Crypto for 2024 Binance solidified its position as a dominant force in the digital assets ecosystem in 2024. According to Cloudflare’s latest report, Binance not only retained its title as the most visited cryptocurrency […]
US Treasury Acknowledges Bitcoin as ‘Digital Gold’ in Fiscal Report
The U.S. Treasury’s Fiscal Year 2024 Q4 Report describes how “digital assets have witnessed rapid growth albeit from a small base,” highlighting bitcoin’s “primary” function as a “store-of-value.” Treasury’s Bitcoin Remarks Ignite Conversations Among Enthusiasts On Saturday, enthusiasts on X buzzed over the Treasury’s comparison of bitcoin to “digital gold.” The report, crafted by the […]