One of the strengths highlighted by Bloomberg this week is Bitcoin’s recent movement back above its weekly moving averages after crossing below the 50-day, marking its biggest gain in 16 months. This significant upward momentum is a strong indicator of renewed investor confidence, suggesting the potential for continued growth in the market.
Japan’s finance regulator, Hideki Ito, emphasized the need for"cautious consideration" before approving crypto-linked ETFs, citing concerns about their long-term contribution to wealth creation for Japanese people, despite the global trend of easing regulations on such financial products.Fasttoken is gaining traction due to its energy-efficient Proof-of-Stake mechanism and user-friendly tools for decentralized applications .
Following a $247 million drop in value between August 4 and 8, Jump Trading's recent large transfers of Ether to exchange hot wallets have sparked scrutiny among crypto investors amid a broader market selloff and regulatory uncertainties. Please consider carefully the fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS . Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.
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