Alexandre Drabowicz, CIO at Indosuez Wealth Management, highlights gold’s significant potential as a hedge by 2025, noting its dramatic price increase over decades. He also emphasizes the underestimated opportunities in China and the need for a sector rotation in the US market, advocating for investments in smaller and medium-sized companies. Despite subdued sentiment in Europe, selective stock-picking remains promising.
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0 posts last weekChiliz Socios.com Receives Regulatory Approval to Operate in Malta
Chiliz’ Socios.com has received in-principle approval from the Malta Financial Services Authority to operate as a crypto service provider, marking a significant milestone for the platform. With around 100 employees in Malta, Socios.com aims to enhance its presence in Europe while adhering to regulatory standards. The platform has also secured approvals in Italy, Spain, and Indonesia, positioning itself ahead of the EU’s Markets in Crypto-Assets Regulation set to take effect in 2025.
read moreBluesky Gains One Million Users in Three Days After X Ban in Brazil
Bluesky has gained 1 million new users in just three days following Brazil’s ban on Elon Musk’s platform, X. The surge in registrations came after a Supreme Court ruling that suspended X due to Musk’s refusal to appoint a legal representative. As a result, Bluesky reported a 15-fold increase in daily traffic, reflecting a significant migration of users seeking alternatives.
read moreLatin America’s Economic Outlook: Navigating Global Megatrends and Domestic Strengths
Latin America faces global megatrends including the energy transition, demographic shift, digital transformation, and geopolitical fragmentation. The region must navigate challenges such as the shift to renewable energy, aging population, digital inclusion, and geopolitical risks, while leveraging opportunities for economic growth and stability. Strengthening macro-financial frameworks and embracing reforms have positioned Latin America to address these global trends and enhance resilience in the face of evolving economic dynamics.
read moreEthereum NFT Market Faces Significant Decline Amid Bitcoin Dominance
The Bored Ape Yacht Club (BAYC) experienced a significant drop in floor price, reflecting a broader decline in the Ethereum NFT sector, while Bitcoin-based NFTs, particularly the Bitcoin Ordinals, have seen increased dominance in the market. Despite the downturn, select Ethereum NFTs continue to attract substantial investment, as evidenced by the recent multi-million dollar sales of rare CryptoPunks. These sales injected some vitality into the struggling Ethereum NFT market, sparking speculation about the buyers’ identities.
read moreEthereum’s Rise: Spotlight on Spot ETF Approval Prospects in May
The spotlight shifts to Ethereum as the focus turns to the upcoming spot Ethereum ETF, with Coinbase supporting Grayscale’s proposal. S&P Global raises concerns about ETF approval potentially impacting Ethereum’s concentration risk, while the derivatives market shows growing institutional interest in Ether. The industry awaits potential ETF approvals in April-May, with skepticism surrounding the SEC’s stance on Ether ETFs.
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