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Circular Solutions Advisors (CSA) and Plastiks have teamed up to address growing concerns about transparency in recycling activities. By leveraging blockchain technology, the partnership aims to provide verifiable data to companies reporting recycling results, thereby increasing trust and preventing false claims. The collaboration was officially announced at the World Recycling Congress in Rome. Addressing the need for transparency in recycling As recycling claims come under increasing scrutiny, the ability to provide accurate and transparent data has become essential. The partnership between CSA and Plastiks combines recycling expertise with blockchain technology to improve the reliability of recycling reporting. The goal is…
XRP could finally overcome its underperformance woes if it can replicate the bull run engineered by Binance Coin (BNB) from 2020 to 2021. The market has continued to give crypto assets the opportunity to outperform dominant positions during what investors call the bull run phase. Some assets are taking advantage of this phase to push up price levels that are unlikely to return in the future. XRP underperformance in 2020 However, some companies have not been able to take advantage of market movements during such periods on specific occasions. For example, XRP took advantage of the 2017-2018 bull market to…
The world of cryptocurrencies is growing in search of the next big thing, and often you need to choose the right one, even if it hasn’t been tokenized by all market players. Ripple (XRP) and Cardano (ADA) are among the top contenders, but they may not achieve the explosive growth that other early-stage projects promise. IntelMarkets (INTL) is one of the emerging stars that has already attracted huge investments. The post-election rally could already feature a hot cryptocurrency on Intel Market, which has already sold more than $1.5 million in advance sales. Ripple (XRP): Uncertainty amid SEC drama Ripple (XRP)…
Insights on the XRP Ledger provide a bullish outlook. Price movement charts quickly dashed these expectations. Ripple (XRP) was still in the consolidation phase. Although the price stuck to the $0.52 support level, the whale activity did not push prices higher. The news that Whale withdrew 52 million XRP worth $28.67 million from Bybit did not help sentiment or spark any bullish momentum. In other news, Elon Musk, CEO and founder of Tesla and SpaceX and owner of X (formerly Twitter), was asked about the adoption of XRP by financial institutions. XRP Ledger showed promising statistics Source: XRP/USDT on TradingView…
Major cryptocurrencies also joined stocks in a broad decline on Wednesday as the market lost the momentum seen earlier in the week. Cryptocurrency +/- Price Rise (Recorded at 9:15pm EDT) Bitcoin BTC/USD -1.54%$66,584.09 Ethereum ETH/USD -4.50%$2,515.92 Dogecoin DOGE/USD -1.84%$0.1384 What happened: Bitcoin plummeted to $65,188 during trading hours, before recouping its losses overnight. Ethereum fell below $2,500 for the first time in almost 10 days, hitting an intraday low of $2,463. Over the past week, Bitcoin’s dominance has steadily increased at the expense of Ethereum and other altcoins. Total cryptocurrency transactions in the past 24 hours exceeded $277 million, the…
Wall Street Subway Station Getty Images Investor exposure to the S&P 500 is at its highest since mid-2023, according to Citi strategists. They said exposure levels at the time had slid by 10% in subsequent months. “Such an expansion in the market certainly increases positioning risk,” they said. As exposure to the S&P 500 index increases, the market is showing warning signs of a potential decline in stock prices, Citi said. Strategists said long positions in the S&P 500 are currently at their highest level since mid-2023. At the time, the level of exposure to the benchmark index fell by…
The Chainlink and SWIFT integration has reached production readiness, allowing financial institutions to adopt blockchain without overhauling their infrastructure. This collaboration will facilitate blockchain payments, tokenized asset payments, and CBDC transactions, accelerating the adoption of blockchain in traditional finance. As previously reported by CNF, Chainlink and SWIFT have teamed up with MAS to promote interoperability of digital assets, following Chainlink’s move last year. Currently, the Chainlink and SWIFT integration has reached the production stage. This represents an important development for blockchain adoption in traditional finance, as it allows financial institutions to incorporate blockchain functionality without completely overhauling their infrastructure. As…
Bitcoin prices are rebounding from 10-day lows as traders try to gauge short-term direction amid a “liquidity hunt” after reaching near-all-time highs last week.The asset traded relatively flat on the day at around $67,500, after falling to just $65,160 on Thursday, according to CoinGecko data. This comes as the price of Bitcoin topped $69,000 on Sunday, leaving the asset’s all-time high set on March 14 at just over $73,700.This has led some experts to speculate that this week’s decline in assets may have been short-lived.Ryan McMillin, chief investment officer at crypto fund manager Merkle Tree Capital, said: “We don’t necessarily…
The academy’s curriculum includes diplomas and courses in blockchain development, global trading, and crypto asset management. Featuring more than 14 expert facilitators, the academy is integrated into UCAB’s research and drives innovation beyond traditional bias. On October 23, 2024, Universidad Católica Andres Bello (UCAB) in Venezuela launched the Blockchain, Trading and Cryptography (BT&C) Academy. This new initiative is located at UCAB’s Montalban campus and is designed to provide extensive training in cryptocurrency and blockchain technology. The Academy aims to integrate both theoretical knowledge and practical skills in these rapidly evolving fields. The BT&C Academy was founded under the leadership of…
Ethereum, the world’s largest smart contract platform, is expanding after years of improvements. However, it doesn’t scale the way most decentralization purists would like. The network seeks to accommodate all users, but currently primarily relies on off-chain solutions using rollup technology to process more transactions and reduce the load on the mainnet. . Ethereum layer 2 boom As a result, Layer 2 platforms have boomed. According to L2Beat, all of these off-chain solutions that extend Ethereum manage $37 billion worth of assets. The largest of these is Arbitrum, which manages more than $13 billion. Despite the boom, the issue of…