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DBS Bank, Singapore’s largest lender, takes an important step into the future of finance with the launch of its new ‘DBS Token Services’ platform, which integrates tokenization and smart contract capabilities into the bank’s existing banking services. I did. This will enable financial institutions to conduct transactions more efficiently, securely and transparently, the bank said in an announcement on Friday.DBS Token Services leverages a permissioned blockchain compatible with the Ethereum virtual machine to enable instant, real-time payment settlement 24/7. This eliminates the need for intermediaries and significantly reduces transaction times. Additionally, smart contracts allow financial institutions to manage the use…

Bitcoin price is approaching the $70,000 resistance level, and a solid close above this mark could start a bull run that retests the ATH. Ethereum price is approaching a downtrend line, and a close above it would signal further upside. Ripple price is consolidating near the 200-day EMA of $0.552. A higher close suggests a possible recovery. Bitcoin (BTC) is approaching a resistance level around $70,000. A solid close above this mark could spark a rally that retests all-time highs. Ethereum (ETH) is approaching a downtrend line, with a breakout and close indicating a potential upside. Ripple (XRP) is also…

The legal battle between Ripple and the SEC takes a new turn when the US regulator finally files a Form C two weeks after filing the notice of appeal. Bitwise also updated its S-1 registration with the SEC for approval of its XRP ETF application. Ripple (XRP) has been on the headlines in recent days for a variety of reasons, from its recent Form C filing by the U.S. Securities and Exchange Commission (SEC) to Bitwise’s XRP ETF update and possible IPO launch. It’s been lively on the line. This article reviews some of this news with a detailed report.…

Cryptocurrency prices today continue to provide great optimism to investors around the world. Bitcoin (BTC) price remained above $68,000 today. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP prices rose between 3% and 7% during the day. At the same time, Apecoin (APE) emerged as the day’s top gainer, surging nearly 50%. Additionally, the global cryptocurrency market capitalization increased by 1.23% to $2.37 trillion. Furthermore, the total market value increased by 57.91% from the previous day to $65.76 billion. Here is a quick summary of some of the top cryptocurrencies by market capitalization and their price changes as of today, October…

Bitcoin rose 0.8% on October 21, hitting a three-month high of $69,400. This is the highest level since July, and the world’s largest cryptocurrency is up 18% since October 10th.Bitcoin hit its highest since July at $69,487 in early trading, before closing up 0.5% at $69,100. The world’s largest cryptocurrency rose 9.6% last week and is up more than 8% in the month so far.“Things are looking pretty good for Bitcoin here,” IG market analyst Tony Sycamore told Reuters, adding that it could continue to rally.According to a report from Bloomberg, Bitcoin remained near the $70,000 level, with smaller tokens…

Vitalik Buterin has warned that the large stakes that dominate Ethereum pose risks of centralization and transaction censorship. Proposed solutions include staking caps and inclusion lists to keep Ethereum decentralized and prevent value extraction. In October, two organizations, Beaver and Titan, were responsible for creating nearly 90% of Ethereum’s blocks, raising concerns about centralization within the network. Ethereum co-founder Vitalik Buterin has sounded the alarm on this issue, warning that such control by large shareholders increases the risk of network attacks and transaction censorship. Despite the recent update on Ethereum accumulation by CNF, which is expected to increase by around…

Many Wall Street analysts were even more bullish on the three stocks last week ahead of their quarterly earnings reports. The U.S.-listed stocks include Meta Platforms, Asian e-commerce giant Sea Ltd., and mining company Barrick Gold. CNBC Pro screened stocks in the MSCI World Index that received price target increases from Wall Street analysts over the past seven days. These stocks are also expected to report quarterly results over the next few weeks. Metaplatform Twelve equity research analysts have raised their price targets on the company behind Facebook, Instagram, and WhatsApp in the past seven days. The median price target…

Written by Lei WeeSINGAPORE (Reuters) – Asian stocks bounced back and forth in positive territory on Monday, weighed down by falling Chinese stocks, but Bitcoin hit a three-month high as “Trump trading” continued to rise.Gold has once again hit record highs in the wake of the Middle East conflict and the extremely close US presidential election, with the yellow metal expected to remain popular amid global uncertainty.Optimism over the Chinese government’s package of stimulus measures first announced in late September has turned to caution in recent days as investors focus on details of further fiscal support from policymakers. are.China lowered…

Major cryptocurrencies maintained their bullish momentum over the weekend, raising expectations for new all-time highs. Cryptocurrency Rise +/- Price (Recorded at 8:45pm EDT)Bitcoin BTC/USD+1.26%$69,123.24Ethereum ETH/USD +3.79%$2,744.10 Dogecoin DOGE/USD +0.96%$0.1444 What happened: Bitcoin rose above $69,000 late in the evening, a level not seen since the first week of June. The world’s largest cryptocurrency rose 8.9% in October, a month that has historically averaged gains of more than 21%. Ethereum soared to $2,750, its highest level since the August meltdown. The second-largest cryptocurrency soared nearly 12% last week. In the past 24 hours, 56,654 traders were liquidated, bringing the total amount…

Irish-American fintech company Stripe has acquired stablecoin platform Bridge for $1.1 billion, marking the crypto industry’s largest acquisition. The deal has reportedly been in an “advanced stage” since at least October 17th. TechCrunch founder Michael Arrington argued in a recent X post: 1.1 billion dollars. ” This transaction has been completed. $1.1 billion https://t.co/J7ppK4uHw0 — Michael Arrington 🏴‍☠️ (@arrington) October 20, 2024 Founded by former Coinbase executives Sean Yu and Zach Abrams, Bridge provides software tools to help businesses accept stablecoin payments. Abrams was head of consumer at Coinbase and founder of Evenly, a P2P payments company that was eventually…