Rich Compass

Crypto News 07/10 | BTC Challenges ATH, Ant Will Add USDC to Its Network, Russian Crypto Surge


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We discuss major changes and new rules in the global crypto market. Bitcoin reached a new record high. This surge was driven by big investors buying, money flowing into Bitcoin funds, and news about possible lower interest rates. We also cover the growth of stablecoins. Examples include Ant Group planning to use USDC and Ripple's RLUSD performance. Governments are working to set rules for this fast-changing space. This includes the US SEC looking at different types of crypto funds and making clear rules for digital assets representing ownership. Europe and Australia also released new crypto guidelines. However, the market still has risks, like trading with borrowed money (high leverage).

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Disclosure:

1. The podcast episode is generated by AI. The sourced content was reviewed and curated by humans.

2. However, the content may contain errors; please verify independently. It is not investment or professional advice. Use at your own risk.

3. If signed up with my Bitget link, I may earn some commission from your trades, but this costs you nothing extra. Bitget pays my commission directly from the trading fees, so you still save the full 20%.

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Rich CompassBy Harold