Four years on from the start of the COVID-induced global financial crisis, the global economy stands at a pivotal moment, characterized by moderate inflation and low unemployment yet overshadowed by uneven growth and escalating debt in advanced economies. Recent data from the G20 nations paint a complex picture of economic health, raising questions about the The post Bitcoin advances timeline to replace fiat as the global reserve currency appeared first on CryptoSlate.

Global economic data released today shows slowing growth across major economies, potentially impacting crypto markets and building the longer-term case for Bitcoin. Purchasing Managers’ Index (PMI) figures from Australia, Japan, and the Eurozone indicate contractions or weakened expansions in both manufacturing and services sectors. Global economic slowdown highlights the long-term case for Bitcoin As economies The post Latest data reveals global economic downturn, building stronger case for Bitcoin appeared first on CryptoSlate.

Bitcoin’s recent price movements have shown increased volatility, with $272 million in liquidations over the past 24 hours, reflecting broader market trends and trader behavior. Over the past 48 hours, Bitcoin fell from $62,000 to a low of $60,000, marking a roughly 3% decline. Following this drop, Bitcoin saw a slight recovery to $61,400 before The post Crypto market liquidates $272 million in 24 hours as Bitcoin drops to $60k appeared first on CryptoSlate.

The UK’s Financial Conduct Authority (FCA) and the Bank of England have officially launched the next phase of their Digital Securities Sandbox (DSS), enabling firms to explore distributed ledger technology (DLT) and tokenized securities within traditional financial markets. The DSS, which will be operational until December 2028, provides a structured environment for testing and implementing The post UK believes trial to embrace digital securities can protect ‘market integrity’ appeared first on CryptoSlate.

The Cryptocurrency Open Patent Alliance (COPA) has joined forces with Unified Patents to protect the crypto community from patent trolls, launching a new Blockchain Zone aimed at challenging patents held by non-practicing entities (NPEs) that could threaten the open-source ecosystem. According to Unified Patents, this initiative seeks to deter NPE activity in the crypto sector, The post COPA takes on fight against ‘patent trolls’ to protect open source developers after Wright win appeared first on CryptoSlate.