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It’s time for our weekly digest.
Here are some of the most significant stories from the past few days that you should have in your sights:
🔸Visa analysts have determined that USDC has surpassed USDT in terms of monthly transaction volume.
🔸Elon Musk has reached an agreement to launch autonomous driving functionality in China, causing Tesla shares to rise by 16%.
🔸After the halving, BTC miners' revenues have sharply fallen to the level of early 2023.
🔸US Congress members have introduced a bill to tax staking.
🔸In Q1 2024, Tether earned $4.52 billion.
🔸The SEC has been investigating Ethereum’s security status since 2023.
🔸Apple is in talks with OpenAI to use their AI technologies in the iPhone.
🔸VanEck has identified $175 billion in BTC, or 15% of the total supply, on the balance sheets of states and public and private companies.
🔸On the first day of trading, the volume of cryptocurrency ETFs in Hong Kong was only $12 million.
🔸Microsoft signed deal to invest over $10 billion in renewable energy for data centers.
Friday stock market news:
🔸 EUR is up against USD by 0.002% at 1.0742.
🔸 GBP is up against USD by 0.22% at 1.2560.
🔸 Dow Jones is up by 0.64% at $38,629.
🔸 Crude Oil is up by 0.18% at $79.09.
🔸 Gold is down by 0.07% at $2,308.
Take this news into account when planning your next trading session.
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