This reflects an influx of new participants into the market, signaling renewed interest and optimism for Bitcoin, according to Binance.

Coinbase has received regulatory approval to expand its cryptocurrency services into Argentina, where around 5 million users engage with crypto daily. This expansion aims to enhance economic freedom, a mission underscored by the completion of previous launches in Brazil. With a significant percentage of Argentinians viewing cryptocurrency as a remedy for economic challenges such as high inflation and transaction costs, Coinbase appoints Matìas Alberti, a fintech veteran, to drive its new operations.

The European Union is working on a digital euro to reduce reliance on the dollar and strengthen financial autonomy.