Crypto News by GeorgeG

#ETH #RWA 🥳 Visa, in collaboration with banks, is tokenizing assets on the Ethereum blockchain! The initiative involves the development of the "Visa Tokenized Asset Platform." Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) will launch its pilot RWA project in partnership with Visa in 2025. Crypto News by GeorgeG

🤔 Opinion: If the current cycle mirrors the patterns of the previous two (2015 and 2018), we can expect to see a new BTC peak around October 2025, according to analyst Ali Martinez. Crypto News by GeorgeG

"Only 43% of players in Hamster Kombat will receive the AirDrop (first season) – original 2,300,000 people have already been banned for fraud." Crypto News by GeorgeG

#Rumors 🧐 #SOL Franklin Templeton is rumored to be planning the launch of a mutual fund on the Solana blockchain – (SolanaFloor) Franklin Templeton currently manages assets exceeding $1.3 trillion. Crypto News by GeorgeG

⚡️ Trading for the #CATI token has officially started! Crypto News by GeorgeG

🎮 #SOL Play Solana is set to release a portable gaming device called "PSG1" (Play Solana Gen1) – announcement. Crypto News by GeorgeG

🇩🇪 Institutional clients of Commerzbank will be able to buy BTC and ETH through the bank’s app (source: coindesk). Commerzbank is one of the largest German banks (TOP-2). Crypto News by GeorgeG

⚡️ Jerome Powell (Chairman of the Federal Reserve): ✔️ The economy remains generally strong. ✔️ The labor market continues to cool, which is a significant step forward compared to the beginning of this year. ✔️ Today's decision reflects growing confidence that labor market stability can be maintained. ✔️ Consumer spending remains steady. ✔️ Inflation has noticeably decreased but remains above our target level. ✔️ The labor market is not a source of increased inflationary pressure. ✔️ We expect stable GDP growth. ✔️ Inflation risks have diminished. ❗️ The risks of worsening conditions in the labor market (employment) have increased. ✔️ Our forecasts are not a plan or decision. ✔️ We will adjust the Federal Reserve's monetary policy as necessary. ✔️ If the labor market situation worsens, we can respond. ❗️ We can lower interest rates faster or slower, or pause if appropriate (depending on the economy). ✔️ Most Federal Reserve governors supported today’s 50 basis point cut, but there was strong debate.

🥳 #ETN is now available on KuCoin, RocketX, and Uniswap! Electroneum – a payment app with its own Layer-1 blockchain, available in 190 countries and integrated with the freelancer service AnyTask. Audience: Over 4,000,000 users. Key advantages: ▫️Speed (5-second transaction processing). ▫️Low fees. ▫️Native mobile app. ▫️Support for third-party dApps + planned integrations with Ethereum, Solana, BNB, and Fantom. ▫️Over 300,000 Electroneum transactions on AnyTask. Website: link Crypto News by GeorgeG

🐃 Bank of America notes improved investor sentiment for the first time since June (fund manager survey) The surveyed managers oversee assets worth $632 billion+. ▫️ Optimism in the markets is driven by expectations of a Fed rate cut. ▫️ Recession remains a key concern, but respondents don't expect it within the next 12 months. ▫️ 79% of fund managers predict a "soft landing." ▫️ Respondents are actively increasing SHORT positions in Chinese stocks and LONG positions in gold. ▫️ 42% of fund managers believe the global economy will NOT grow over the next 12 months. ▫️ Investment in cyclicals and commodities is at a seven-year low. ▫️ 6 out of 10 respondents think the current Fed monetary policy is "too restrictive." Crypto News by GeorgeG

🥳 #USDC Bank transfers in USDC are now available in Brazil and Mexico – The stablecoin has been integrated into the national payment systems PIX (Brazil) and SPEI (Mexico). – This integration allows for easy and fast conversion of Brazilian reals (BRL) and Mexican pesos (MXN) into USDC. Crypto News by GeorgeG

🇦🇪 Bybit exchange has been granted a provisional license to operate in Dubai Crypto News by GeorgeG

😳 There’s a 59% chance that the Federal Reserve will cut rates by 50 basis points this week… The #Fed meeting will take place on September 18 (2:00 PM EST). Crypto News by GeorgeG

🇺🇸 Peter Schiff has started endorsing Donald Trump. He stated, "At the very least, the attempt to take down Donald Trump is already a strong reason to vote for him + electing Kamala Harris as President of the US will lead to higher inflation." Crypto News by GeorgeG

❗️🇺🇸 #AXS, #FIL, #ATOM, #SAND, and #MANA are now classified as securities... The SEC has updated its lawsuit against Binance. Crypto News by GeorgeG

🤔 Deutsche Bank: "American Investors Believe in Cryptocurrency, but Not in Stablecoins" -Less than 1% of U.S. consumers view cryptocurrency as just a fad. -Only 18% of respondents expect stablecoins to thrive, while 42% expect a decline in this market. -One-third of consumers predict Bitcoin (BTC) will be below $60,000 by the end of the year. 12% to 14% expect BTC to rise above $70,000. -Over half of the respondents view cryptocurrency as an important asset class and method of payment. -65% see cryptocurrency as a replacement for cash. -More than 50% fear a collapse of the crypto market within the next two years. The survey was conducted among 3,600 consumers in the U.S. and Europe.

🏦 #Sol Zodia Custody will offer institutional access to Solana staking. Zodia Custody is a subsidiary of Standard Chartered. Crypto News by GeorgeG

🔶 Hamster Kombat is Officially Launching on Binance Launchpool! Get ready to farm $HMSTR starting September 19th and ending September 26th, with listing on Binance happening the same day.