Category Archives: All news

Could Solana (SOL) Price Drop 8% Despite Grayscale Solana Trust? Solana (SOL) has been on a downward spiral with a 10.61% decrease in the last week, despite the recent announcement of the Grayscale® Solana Trust (the ‘Trust’) beginning to trade on OTC Markets. While some investors are selling Solana (SOL), others are buying Collateral Network[Read more…]

A Unified Call for Responsible AI Development: EU Politicians and Tech Executives Express Concerns A group of twelve European Union (EU) politicians have signed an open letter, led by EU Parliament member Dragoș Tudorache, calling for the safe and responsible development of artificial intelligence (AI). The letter, shared on Twitter on April 16, urges European[Read more…]

The UAE’s Securities and Commodities Authority (SCA) Starts Accepting Licensing Applications for Virtual Asset Service Providers The federal financial regulatory agency of the United Arab Emirates (UAE), the Securities and Commodities Authority (SCA), has announced that it will begin accepting licensing applications from firms that wish to offer virtual asset services within the country. The[Read more…]

FTX Philanthropic Donations: Impacts and Challenges for Recipients University-affiliated research initiatives received more than $13 million in grants from FTX Future Fund, with several students getting $100,000 in grants. The collapse of the FTX exchange and its subsidiaries in November 2022 also led to the shutdown of its philanthropic arm, FTX Future Fund. The philanthropic[Read more…]

Injective Unveils Cascade: The First Interchain Solana SVM Rollup Injective, a decentralized exchange and layer-2 protocol, has announced the release of Cascade, the first-ever Solana Sealevel Virtual Machine (SVM) rollup for the inter-Blockchain Communication (IBC) ecosystem supported by Cosmos. This new integration will bring the SVM into the broader Cosmos ecosystem, a decentralized network of[Read more…]

Labuan, Malaysia, April 4th, 2023, Chainwire

On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies. 
The Next Evolution in Crypto
Cerus Markets is proud to introduce Non-Deliverable Crypto contracts (NDC’s) as the most advantageous and innovative way to trade cryptocurrencies. For the first time ever, traders can now invest in cryptocurrencies versus the world’s largest companies such as TSLA, AAPL, GOOG, equity indexes like the DOW and DAX, and even versus commodities including Gold, Silver, and Crude Oil- all with zero fees. NDCs also provide investors with up to 100:1 leverage and the ability to go long and short any cryptocurrency.
About Cerus Markets
Established in 2022, Cerus Markets Limited is authorized and regulated by the Labuan Financial Service Authority, Malaysia. Cerus is a multi-asset broker that offers over 200 instruments paired with cryptocurrencies through its innovative product – Non-Deliverable Crypto contracts (NDC’s). Follow us for the latest crypto news!
Cerus Markets believes in empowering traders of all levels with easy and affordable access to the market. Their platform stands out from traditional brokers by not charging entry fees and allowing trading of a wide range of digital assets starting from just $50.
Moreover, traders can benefit from leverage up to 100:1 and a 100% bonus on their first deposit, further enhancing their trading experience.
Visit cerusmarkets.com to learn more about Cerus Markets and its offerings.           No spam, no lies, only insights. You can unsubscribe at any time.

Contact
Marketing DirectorVeronica ImashevaCerus [email protected]
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

USD’s dominance in global trade is facing major challenges amid the changing geopolitics and developments around the US banking system.
Many investors are betting on Bitcoin to emerge as the global currency of the world in the future.

Amid the changing dynamics of global geopolitics and the current macro developments in the US financial system, the US Dollar is facing imminent threats to its everlasting hegemony in the global financial world. In the aftermath of the Russia-Ukraine war, US’s economic rival China has been working with Russia to push the use of the Yuan in global trade.
It’s also joined hands with key American allies and oil partners like Saudi Arabia in bypassing the US Dollar and making oil purchases directly in the Yuan. CNN released a report explaining how the USD’s dominance seems to be on a declining trend recently.

If the US dollar’s global supremacy erodes, America will face a reckoning like none before.
A surprising segment on CNN.
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pic.twitter.com/1r8msosckh
— Wall Street Silver (@WallStreetSilv) March 27, 2023

As these key developments unravel in the global financial industry, finance enthusiasts are curious as to what will be the replacement for the USD. Crypto enthusiasts believe that the USD’s eroding supremacy is likely to provide a boost to decentralized digital assets.Follow us for the latest crypto news!
As we move towards a multi-polar world many believe that Bitcoin could be the currency of the globe in the future. Backed by decentralized blockchain technology, Bitcoin (BTC) facilitates faster cross-border transactions at low costs.
Bitcoin’s Role in Global Finance
Over the last few years, the adoption of Bitcoin worldwide has accelerated over time. Not only retail players, but big financial institutions and even corporates are seeking exposure to Bitcoin and maintaining BTC reserves.
Although Bitcoin continues to be a very volatile asset class, it’s slowly emerging as a hedge to traditional finance. The performance of Bitcoin against the recent banking crisis in the US and Europe has been a testament to its hedge status.
As the banking crisis unfolded this month sending jitters across global markets, Bitcoin continued to gain strength. The Bitcoin (BTC) price is already up by more than 70% year-to-date outperforming almost every asset class right from equities to Gold. Bitcoin’s resilience during the banking crisis has attracted the attention of investors across the globe.
Although Bitcoin has rallied to $28,000, the liquidity for the world’s largest crypto has dropped to a 10-month low. Speaking to Bloomberg, Conor Ryder at Kaiko said:           No spam, no lies, only insights. You can unsubscribe at any time.
Liquidity on US exchanges and USD pairs in particular have been hardest hit thanks to the banking fears. It looks as if a big reason for the latest price rally in BTC was due to illiquidity, when depth is low, there is less support to not only the downside but also the upside as well.
On the other hand, institutional demand for Bitcoin and other cryptocurrencies also remains strong. Nasdaq, the 52–year-old exchange operator is awaiting approval from NYDFS to secure a license to offer custodial solutions to crypto clients.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.