... Bitcoin, or Proof-of-Stake staking, as with the new Ethereum), issuance volume (some cryptocurrencies have a fixed supply, like Bitcoin, while others do not), and purpose (payment coins, utility tokens for accessing services, stablecoins pegged to the dollar, etc.). Nevertheless, they all share the use of blockchain and cryptography and independence from national borders: sending a transfer in cryptocurrency can be done directly from one person to another anywhere without intermediaries. This makes ...

... restricting the export of Russian diamonds. RIA Novosti RBC Despite India not officially joining these sanctions, fears of secondary sanctions and pressure from Western partners have led to a decrease in the volume of Russian diamond imports. Restrictions on dollar transactions: Sanctions have complicated the use of U.S. dollars in transactions for Russian diamonds, hindering deals between Russian exporters and Indian importers. This has resulted in reduced trade volumes, as companies faced challenges in ...

... the British pound and UK financial markets. 13:30 GMT: Canada – GDP for Q3 2024 Canada will publish its GDP data for the third quarter. This report will provide insights into the country's economic health. Strong GDP growth may bolster the Canadian dollar and impact trade relations with the United States. Central Bank Speeches: European Central Bank (ECB): Joachim Nagel: President of the Deutsche Bundesbank and ECB Governing Council member, is scheduled to speak. His remarks may provide insights ...

... institutional investments. The immediate goal for Ethereum is a confident breakout above $4,000, supported by the deflationary mechanism of ETH issuance and increased usage of the network. Tether (USDT) – ~$1, the leading stablecoin. USDT is pegged to the US dollar 1:1 and provides high liquidity in the crypto market, remaining the primary tool for capital storage between trades. Tether's issuer is expanding its presence in regulated markets, highlighting the growing demand for reliable "digital dollars" ...

... crucial barometer of business sentiment in Germany. A reading above expectations could bolster the euro, reflecting confidence in the European economy. Conversely, a weaker result might exert downward pressure on the euro, potentially benefiting the U.S. dollar. 13:30 GMT: United States – Chicago Fed National Activity Index for October This index provides insights into overall economic activity in the U.S., encompassing metrics like industrial production, employment, and consumption. A positive reading ...