According to Coingabbar (November 30), Bitcoin spot ETFs saw a net inflow of $320 million, while Ether ETFs in the U.S. set a new record with $332.9 million in daily inflows on Friday. This surge highlights growing investor confidence in cryptocurrency-focused ETFs.
New York’s top crypto regulator is reportedly close to approving a new stablecoin from Ripple, a leading cross-border payments company. This development could mark a significant step in Ripple's market expansion and innovation in digital payments.
Robert Kiyosaki, author of Rich Dad Poor Dad, has made waves with a bold Bitcoin prediction. In a cryptic post dated November 25, he suggested Bitcoin's price could soar to $500,000 by 2025, fueling discussions about the cryptocurrency's long-term potential.
A recent OMFIF survey revealed a sharp decline in central bank enthusiasm for CBDCs, with support dropping from 31% in 2023 to 13% in 2024. Instead, 47% of central banks favor interlinking instant payment systems like US FedNow for cross-border solutions. Stablecoins saw no support, while the US dollar continues to dominate as a safe haven amid geopolitical uncertainties.
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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