Fri, Nov 15, 2024 2:42 PM
Buy Ipca Laboratories; target of Rs 1765: Sharekhan
A Flip by Shubhangi Gupta
The recent surge in Bitcoin (BTC) prices could well last into 2025 and see it reach highs of $180,000, said Matthew Sigel, head of digital assets research at VanEck. During a recent interview with CNBC Squawk Box, Sigel drew uncanny similarities between the digital currency's ongoing post-election rally and that of its aftermath from the 2020 presidential election.
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The potential deployment on a Bitcoin layer 2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem. Aave is gauging the interest of its community for deployment on Bitcoin layer-2 network Spiderchain.
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The EBA, Europe’s regulatory agency in charge of addressing weaknesses in banking sector, published two sets of guidelines, including a specific guide for PSPs and crypto-asset service providers (CASPs). On Nov. 14, the EBA released guidelines that specify what PSPs and CASPs must do to comply with the European Union’s and national restrictive measures regimes when transferring funds or crypto.
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