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Litecoin has been on a mini-run, with its price soaring above $73 for the first time since July, marking the first notable breakout from Bitcoin and other altcoins. Litecoin has shown significant volatility since the beginning of the year, with its value experiencing rapid growth and sharp declines. Litecoin, often referred to as the “silver” to the “gold” of Bitcoin, has been a consistent player in the cryptocurrency space since its creation in 2011. our data. LTC witnessed a sharp rally, recording a sharp jump from $64 to over $73 for the first time since July. As mentioned by Santiment…
Freedom Factory has announced the launch of dGEN1, a mobile device designed to make on-chain cryptocurrency transactions more accessible.Scheduled to ship in spring 2025. dGEN1 is positioned as an everyday carry (EDC) device that allows users to interact with decentralized applications (dapps) without the need for third-party intermediaries or hidden fees.“Cryptography is no longer limited to desktop and browser applications, on-chain is now seamless,” Marcus Haas, CEO of Freedom Factory and co-creator of dGEN1, said in a statement shared with Decrypt. mentioned in. He explained that by integrating Ethereum at the operating system level, dGEN1 “removes the friction and complexity…
Stablecoin growth in the U.S. market has stalled as regulatory delays have concentrated activity on non-U.S. exchanges, reflecting challenges to the country’s leadership in the digital asset space. Through 2023, US-regulated exchanges saw a steady increase in stablecoin trading due to the increasing global adoption of digital currencies. However, in 2024, this trend reversed, with more stablecoin activity occurring on non-US exchanges. Experts believe that this change does not indicate a sharp decline in US market participants, but rather a rapid increase in the use of stablecoins outside the US. Emerging markets drive stablecoin adoption as US risks losing global…
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has grown from $1.5 billion to more than $40 billion in market capitalization in just four years. Co-founder and executive chairman Michael Saylor attributes this rapid growth to the company’s approach to integrating Bitcoin with traditional financial markets.”MicroStrategy is opening up new markets and issuing securities backed by digital capital,” Thaler said in a recent interview with the New Zealand Herald. He said the company’s “investors are pro-Bitcoiners” and that “if you’re a Bitcoiner, you think Bitcoin is going to go up forever with some volatility (…). So if you want…
Singapore’s DBS Bank has introduced blockchain-driven banking services with tokenization and smart contract capabilities for institutional investors.On October 18, the leading financial institution said the DBS token service is designed to enhance transaction banking and improve operational efficiency for institutional customers.DBS Token ServiceAccording to the bank, the DBS token service enables real-time 24/7 payment settlement using the bank’s proprietary permissioned blockchain, which is compatible with Ethereum Virtual Machine (EVM).The solution also integrates DBS’s core payments engine with payment networks from various industries. Smart contracts allow financial institutions to manage funds according to pre-set conditions for increased security and transparency.Permissioned blockchain…
Cover image (via U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. In a recent tweet, MicroStrategy Chairman Michael Saylor highlighted what may be the biggest future regret for crypto…
Prominent community commentator CryptoTank has warned that there is no chance that XRP will ever trade below $1 again, claiming that a “big event” is on the horizon. CryptoTank conveyed this sentiment in a post about X today, encouraging market participants to continue accumulating more XRP tokens. He placed a bullish outlook on major upcoming events surrounding payments company Ripple. First, he pointed out that Ripple Chairman Chris Larsen and CEO Brad Garlinghouse will speak at the Federal Reserve Board meeting on Tuesday, October 22nd. As previously revealed by Crypto Eli, a respected figure in the community, Ripple executives will…
Investors are looking for Dogecoin’s next big rival as speculation increases over Donald Trump’s possible creation of the Department of Government Efficiency (DOGE). Dogecoin’s popularity has skyrocketed with a flood of mentions of “DOGE” and “DOGE” on social media. The price of this coin has increased by 10% in the past 24 hours and is currently trading at $0.1332. While Dogecoin is back in the spotlight, smart investors are looking at other cryptocurrencies that could be strong competitors. In this article, we will focus on four Dogecoin rivals that you should consider adding to your portfolio. 4 Dogecoin rivals to…
DBS Bank, Singapore’s largest assets under management (AUM) bank, is introducing a suite of services to facilitate blockchain-based banking for its institutional clients. The product, called DBS Token Service, will incorporate new features such as smart contracts and tokenization into the bank’s existing services. This move, especially the smart contract feature, will allow institutional investors to control the use of their funds under predefined conditions, with a focus on increasing security and transparency. Additionally, the token service will help facilitate real-time payments by connecting DBS’s EVM-compatible permissioned blockchain with several payment infrastructures. DBS Exec highlights service features In a statement…
Anthony Pompliano, CEO of Professional Capital Management, attributes the growth of the crypto market to broader global and sector-focused factors, but the US presidential election rejects the idea that it plays an important role. What happened: Appearing on CNBC Squawk Box on Thursday, Pompliano tied this growth to the increased adoption of stablecoins. Pompliano, who will be the headline speaker at Benzinga’s “Future of Digital Assets” event on November 19, said market conditions favor assets like Bitcoin BTC/USD, which is up 60% this year. He pointed out that Contrary to popular belief, he does not link Bitcoin’s rise to elections…