WAO ART

India is set to launch its first Bitcoin and Ethereum futures ETF through Torus Kling Blockchain IFSC, marking a significant step in the country's crypto landscape. The ETF aims to achieve $1 billion in assets under management within two years and will also track large-cap metaverse stocks.

Bitcoin (BTC) has recently broken through a significant resistance level, trading above $65,000 and showing a subtle positive trend. BTC's correlation with U.S. stocks has reached a two-year high, indicating it is increasingly moving in sync with traditional financial markets.

Australia's consumer watchdog, ACCC, is taking legal action against major supermarkets for misleading discounting practices. The Grocery Action Group (GAG) urges New Zealand's Commerce Commission to adopt similar scrutiny of local supermarkets, which dominate nearly 90% of the market.

Billionaire crypto investor Christian Angermayer has relocated from London to Switzerland due to concerns over potential tax increases on non-dom arrangements by the Labour government. The German-born businessman, who has lived in London for a decade, chose Lugano, Switzerland.

Over 92% of Bitcoin investors are currently in profit as the price surpasses $66k. A multi-year bearish head and shoulder pattern suggests a potential price correction could be imminent. Rising selling pressure indicated by increased net deposits on exchanges may lead to a market downturn.

Four Nigerian founders are revolutionizing Africa's crypto scene: Ruth Iselema (Bitmama) empowers women and raised $2.5M, Buchi Okoro (Quidax) got the first SEC license after a scam, Michael Adeyeri & Moyosore Sodipo (Busha) raised $4.2M with 50+ cryptos, and Uchenna Nnodum (Roqqu) offers 100+ cryptocurrencies.

Brazil's cryptocurrency demand has skyrocketed in 2024, with imports totaling $12.37 billion from January to August, surpassing the entire 2023 total of $12.3 billion. The increase includes both stablecoins and Bitcoin, driven by consumer demand fulfilled by trading companies and exchanges.