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@phonepe

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Key Points: S&P 500 futures show slight gains, continuing Thursday's rebound despite major indexes being down for the week. NYSE rally shows strong upside volume, but new 52-week lows still outnumber highs on both exchanges. Bitcoin surges past $60,000 as cryptocurrencies rebound from earlier sell-off, despite recent market volatility. Gold prices dip amid rate cut speculation, heading for largest weekly decline since early June. Oil prices decrease slightly but are set for weekly gain due to geopolitical tensions and positive U.S. data.
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The launch on the Stellar blockchain post-MiCA of the EU stablecoin in the market As anticipated, the new quadro normativo of the European Union, known as MiCA (Markets in Crypto-Assets Regulation), is progressively coming into force according to the scheduled timeline. The first series of regulations, active from July 1st, focuses mainly on stablecoins and their issuers. These new directives have cleaned up the market from operators unable to meet regulatory requirements, creating a favorable environment for stablecoins pegged to local currencies. This has led to an increase in the confidence and interest of investors in these digital currencies.
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