A major transformation is shaking up Ethereum, making the global supply of crypto ETH deflationary. Decoding it!
A mysterious "whale" has been buying bitcoins without counting since the beginning of the month. This is an unmistakable sign.
While Chinese growth is faltering, Beijing is not hesitating to open the floodgates of fiscal and monetary stimulus in order to try to boost its battered economy. With credit easing, early distribution of local borrowing quotas, and massive issuance of government bonds, the Middle Kingdom is multiplying unprecedented expansionary measures. Objective: to regain vigorous growth by 2024.
Things are heating up between Venezuela and Guyana right now. The reason? NicolĂĄs Maduro wants to reclaim Essequibo, a territory awarded to the British in 1899 following a âpartialâ decision by the judges of the time. Burdened by massive inflation, Venezuela needs to find other alternatives to get its economy back on track. And if that means the annexation of 2/3 of Guyana, where there are oil and other mineral resources, so be it.
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With the resurgence of the crypto market, supported by the approaching Bitcoin halving, investors are targeting the most interesting projects. The WECAN initiative, led by Swiss crypto company Wecan Group, is certainly one of them. As evidence, it has attracted a wave of savvy investors in an oversubscribed pre-sale at 115%, surpassing $1.8 million. Focus on the unique characteristics of the WECAN token, which will surely make it one of the top utility tokens of 2024.
Everything is going according to plan for Standard Chartered Bank, which reiterated its April forecast that Bitcoin would reach $100,000 by the end of 2024.