New lending norms from the VFN allow Dutch residents, particularly single parents and renters, to borrow significantly more money for purchases like cars and heat pumps, driven by updated sustainability lists and rising disposable incomes.
Dogecoin’s price surged by 5% following the launch of the Grayscale Dogecoin Trust ETF. The memecoin broke through key resistance levels, leading analysts to speculate if this marks the start of a new bullish phase.
After weeks of declines, the crypto market shows signs of recovery with modest gains, though bitcoin struggles while ethereum and XRP lead the upside. Positive US economic data supports the market sentiment.
The European Central Bank has issued a stark warning about the risks posed by the rapidly growing stablecoin market, citing potential capital flight from eurozone banks and the threat of a ‘digital bank run’ that could trigger a global financial crisis. However, industry figures counter that stablecoins, with their full reserve requirements, could actually enhance financial stability.
Bitcoin is attempting a recovery towards the $90,000 mark after recent heavy losses, but while selling pressure eases, derivatives traders are largely betting on further declines.
Over 300 American families of October 7 attack victims have sued Binance, alleging the exchange knowingly facilitated over $1 billion in crypto transactions for Hamas, Hezbollah, and other designated terrorist organizations.
Analyst Kaleo suggests the market is bottoming out, drawing parallels to the 2020 Covid-era crash. He anticipates a potential ‘Santa Rally’ for Bitcoin and stocks if the pattern repeats.
The Dutch Authority for the Financial Markets (AFM) is warning about the rise of AI-powered financial fraud. Criminals are using deepfakes and hyper-personalized scams to deceive investors on a massive scale, making fraudulent schemes more convincing than ever.