In this post: At a time when Bitcoin (BTC) and Ethereum (ETH) were seeing their highest levels of open interest, the announcement of a second possible probe into Tether, Inc. triggered yet another market-wide fall. While USDT dropped little lower to $0.99, within its typical range of volatility, the majority of coins and tokens fell. […]

In this post: For the first time, Tether’s stablecoin USDT has surpassed a $120 billion market valuation, marking a significant milestone that may indicate optimism for the larger cryptocurrency market. Tether’s website, which provides real-time data on USDT’s supply, was updated on October 20. The stablecoin crossed the $120 billion market cap threshold for the […]

In this post: The largest digital asset, Bitcoin (BTC), saw a significant pause to its optimistic outlook for regaining the $70,000 mark.In the past day, the price of Bitcoin fell by more than 2%, returning to the $67,000 range.But BlackRock, the financial behemoth, took advantage of the situation and immediately purchased the dip. Over the past day, the total value of the cryptocurrency market fell by about 2.5 percent to $2.33 trillion. Well known cryptocurrencies like Solana (SOL) and Ethereum (ETH) saw declines of 1.37% and 3.25%, respectively. BlackRock purchases 4869 more Bitcoins According to the statistics, BlackRock purchased 4869 Bitcoin during the decline, which is roughly equivalent to $328 million.The massive investing firm has continued to amass wealth.It increased Bitcoin by 8% last week and purchased 16,975 BTC in total, which is roughly worth $1.17 billion. Boosted by ETF inflows and confidence about US regulatory developments, Bitcoin jumped nearly $70,000 on Monday.Political factors are at work, with the election scheduled for November 5th.Bitcoin is a possible “Trump trade” since Republican nominee Donald Trump has adopted a pro-crypto position.Kamala Harris, the vice president, has pledged to back more transparent crypto laws. At the same time, Arkham revealed that a 2009 old whale had sold $9.68 million worth of Bitcoin. This whale extracted thousands of BTC starting just only 5 days after the first block was produced. 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗔𝗡𝗖𝗜𝗘𝗡𝗧 𝟮𝟬𝟬𝟵 𝗪𝗛𝗔𝗟𝗘 𝗦𝗢𝗟𝗗 $𝟵.𝟲𝟴𝗠 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 We’ve been tracking an ancient Bitcoin whale who mined thousands of BTC, starting only 5 days after the first block in 2009. He’s now […]

In this post: According to a Nikkei Fintech journalist, Japan is expected to launch a central bankdigital currency (CBDC) in 2030. Many find the news divisive, with some hoping for a Ripple adoption viewing the possible transfer as a boost to their bags and others viewing it as little more than a drastic corruption of money. The longstanding “cash is king” culture in Japan is beginning to reject coins and paper money, as anyone who has lived there in recent years can observe. With restaurants refusing to serve actual yen, the idea has started to gain traction in major cities like Tokyo, but it could quickly spread across the country in tandem with international political movements. The subject of cryptocurrency, stablecoins, and CBDCs (central bank digital currencies) is always brought up when discussing going paperless. For his part, Japanese journalist Shinichi Morikawa at Nikkei Fintech thinks Japan might be barreling right into adoption within the next half-decade. Journalist from Nikkei: Following Europe’s example, Japan may embrace CBDC Regarding CBDCs (Google translation), Morikawa stated at a recent fintech-focused event in Tokyo: “The EU’s initiative will serve as a catalyst, and after 2028, when the introduction is anticipated to begin in the EU, it is likely to begin in Japan in 2030.” With a fundamental statement in 2020 and an update titled “Central Bank Digital Currency Experiments Progress on the Pilot Program” in April 2024, the Bank of Japan (BOJ) has been releasing its stances on central b1ank digital money for a while. Some cryptocurrency enthusiasts, particularly those who support assets like XRP, are thrilled by this news and its potential.1 Hopes for a CBDC bag-pump among XRP fans Hype and halftruths abound, despite the fact that Ripple, a massive digital asset infrastructure firm, is in fact collaborating with banks in Japan and throughout the world in order to produce stablecoins and use their XRPL ledger as the basis for government projects. For instance, in recent months, a bothersome/ scam that spreads misleading information about XRP acceptance in the land of the rising sun has been widely circulated on social media. Because of the current climate, where Ripple CEO Brad Garlinghouse is constantly complimenting Japan’s crypto infrastructure and Yoshitaka Kitao, president and CEO of banking behemoth SBI Holdings (a member of Japan’s CBDC forum), has declared:”Ripple Labs, a US company that uses blockchain technology to develop a next-generation remittance system, has us as its largest external shareholder.” Additionally, there are active and continuing CBDC talks at the business and political levels in Japan; next week, the Japan Blockchain Association (JBA) will address global CBDC trends. All of this appears to be good news for the bank accounts of many XRP holders. But becoming wealthy isn’t the only thing to think about. Japanese opposition to economic privacy invasion and CBDC According to one Japanese-speaking BOJ watcher on social media, “CBDCs would have an authoritarian element, allowing the central bank to directly control individuals’ buying and selling, and could easily use AI algorithms to block certain people or goods from purchasing.” […]

In the aftermath of the recent $43 million hack at BingX, the cryptocurrency community is urgently seeking more robust security solutions. As exchanges scramble to reinforce their defenses, an innovative partnership between EasyMM, a leading market maker, and ARGOS, an AI-powered identity verification platform, is emerging as a potential game-changer in the fight against cyber […]

Their Pioneer Program offers funding, mentorship, and Lisk’s Layer 2 technology to support groundbreaking blockchain innovations. KEY Difference, one of the oldest blockchain ecosystems, has partnered with Lisk on the expansion of its L2 ecosystem. The partnership will focus on bringing new Web3 startups to market through targeted technological and marketing assistance. Together, KEY Difference […]