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Crypto News

ECB Prioritizes P2P And Online Payments In The Development Of The Digital Euro

The European Central Bank (ECB) recently said that the first phase of the development of its central bank digital currency will focus on e-commerce and person-to-person payments before moving to the remaining use cases. According to the rollout approach for the digital euro document, peer-to-peer and e-commerce payments do assume seniority in the sequence of use case rollout for the digital euro in the first release, followed by other contexts.

Finbold - 1280 ngày trước

Developer Confirms Plans To Launch New "Holli" Test Network Later This Year

A well-known Ethereum (ETH) developer has announced that the establishment of a new testnet "Holli" for the smart contract platform is scheduled to go live later this year. Tim Beiko, an ETH engineer, claims in a lengthy post that the introduction of the new testnet Holli will benefit stakers, miners, validators, and node operators. Beiko continues by pointing out that the Ethereum Foundation has already addressed concerns with stakers and client developers with earlier testnet launches.

The Daily Hodl - 1280 ngày trước

Web3 Lead Thinks Adidas Will Target Token-Gated Shoe Drops

Adidas may soon incorporate a crypto into its Web3 plans even as Erika Wykes-Sneyd, the lead for Web3 at Adidas, discussed at NFT Paris with her reasons being that there are no obstacles preventing users from using fiat currencies to buy the sneakers and clothing they desire. She also said that users will be granted access to their preferred sneaker drops which is in line with the greater business strategy of Adidas and both Web3 tech.

Decrypt - 1280 ngày trước

IMF Board Provides Advice For Creating Successful Crypto Policy

The International Monetary Fund (IMF) released the results of its executive board members' debate on a paper titled Elements of Successful Policy for Crypto Assets saying that members can build a complete, consistent, and coordinated policy response to crypto assets. Also, noting that the document lays out a regulatory framework that may help members develop such a response. Safeguard monetary sovereignty is the first part of the framework by the IMF.

Bitcoin News - 1280 ngày trước

FATF Approves A Plan For Implementing Global Cryptocurrency Standards

The Financial Action Task Force, or FATF, said that its members have agreed on a plan of action to drive rapid global implementation of international regulations regarding cryptocurrencies. The FATF stated that its plenary, which includes representatives from more than 200 countries, convened in Paris and reached agreement on a roadmap to increase application of FATF Standards on virtual assets and virtual asset service providers.

cointelegraph - 1280 ngày trước

Bitwise Asset Management CIO Predicts Record-Breaking Next Crypto Bull Market

Matt Hougan, the chief investment officer of the cryptocurrency fund Bitwise Asset Management, is upbeat about the future of the markets for digital assets. Hougan says he is "epically positive" on the next three years in a recent interview, despite the fact that there will undoubtedly be some bumps in the road. Hougan predicts that the next bull cycle for the cryptocurrency markets will be historic.

The Daily Hodl - 1280 ngày trước

Crypto Innovation Lab Opened In Greece Thanks To JPMorgan's DeFi Platform

Jamie Dimon, CEO of JPMorgan Chase, has repeatedly likened the most popular crypto to a Ponzi scheme but the American banking giant is making progress in the crypto market. According to a LinkedIn post by the platform's Head of Blockchain Launch and Onyx Digital Assets, Tyrone Lobban, JPMorgan's decentralized finance division Onyx is creating an Innovation Lab in Athens, Greece, with initial focus on building blockchain-related capabilities.

Finbold - 1281 ngày trước

Robert Kiyosaki Explains His Bitcoin Gamble and Claims That His Investment Has Increased 300%

In addition to the precious metals gold and silver, Robert Kiyosaki, author of Rich Dad Poor Dad, asserts that he believes in the long-term worth of Bitcoin (BTC), saying that the value of Bitcoin is long-term sustainable.As Bitcoin reached $24,000, his investment saw a 300% increase while the price of one bitcoin is around $23,902 at the moment. Kiyosaki forecasted that BTC and precious metals would have enormous rallies in the coming years.

The Daily Hodl - 1281 ngày trước

Tencent To Provide Asian Markets With Metaverse-Building Services

One of the largest Chinese IT firms, Tencent, has shown its cards with regard to the direction of its metaverse plan. The business declared that its cloud division would concentrate on providing "metaverse-in-a-box" services to its clients. This action seeks to make it easier for Tencent clients to create virtual worlds. Businesses in the gaming, media and retail industries use the Tencent tools to create and develop these metaverses.

Bitcoin News - 1281 ngày trước

Coinbase Is Negotiating To Establish A Crypto Exchange Under Federal Regulation

Following the collapse of FTX and the ensuing extensive market collapse, regulatory scrutiny of the crypto industry has increased, and it has been reported that Coinbase and IEX are working together to address the underlying issue and establish a regulated crypto trading platform. The leadership of the publicly traded crypto exchange and the stock exchange have indeed started negotiations to create a global approved digital asset marketplace.

Finbold - 1281 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1075 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1075 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1075 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1075 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1076 ngày trước