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Adesina Ajayi, a Nigerian blockchain expert, highlighted the potential of blockchain to drive economic growth. The experts who are spearheading efforts to expand blockchain education and solutions across Africa and global markets said this in a statement shared on Tuesday. Mr. Ajay emphasized the importance of blockchain technology by stating: It is a tool that can revolutionize industry, create wealth, and foster economic growth. My mission is to help people, especially Africans, understand how they can use blockchain to their advantage. ” The blockchain expert has successfully trained over 2,000 professionals in Nigeria through his Blockchain Academy, bridging the blockchain…

Kraken customers can now re-stake their already staked ETH on the Ethereum network and earn additional rewards through projects on decentralized finance protocol EigenLayer.Kraken said in a statement on Tuesday that the new feature aims to expand investors’ access to on-chain yield-generating opportunities and make restaking “more accessible to a wider range of customers.” said.Staked, a subsidiary of Kraken and EigenLayer operator, has been appointed as a validator for restaked ETH. Users participating in restaking can keep their rewards in Kraken or exchange them for fiat or other cryptocurrencies.Kraken’s features come at a time when restaking is experiencing significant growth.…

Paradigm recently announced a $20 million investment in crypto infrastructure company Ithaca. Ithaca is a startup focused on expanding research and development and building commercial products for open source tools such as Reth and Foundry. Built by Paradigm CTO and General Partner Georgios Konstantopoulos and less than 20 engineers who have helped build projects like Reth, Ithaca contributes to open source projects, starting with the release of Layer 2, Odyssey. Accelerate the development of cryptocurrencies by maintaining and maintaining Built on Reth for performance and stability (according to the OP Stack standard). Konstantopoulos, CTO of Paradigm and now CEO of…

Cover image (via www.freepik.com) 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. Ethereum, which has seen significant gains over the past day, was the biggest gainer in the crypto market…

Former US President Donald Trump’s cryptocurrency platform had a slow start to sales on Tuesday, with only a fraction of the digital tokens on the market finding buyers.In mid-September, the Republican candidate announced that he and his son and other entrepreneurs would launch a platform called World Liberty Financial.The company offered about 20 billion digital tokens worth 1.5 cents each, worth a total of $300 million, but only 3% had been purchased by Tuesday evening.The tokens can be used as cryptocurrencies and give buyers the right to vote on the platform’s governance.Many observers blamed the poor sales on technical issues,…

Palantir stock is trading near all-time highs. Data analytics software company Palantir Technologies (PLTR -2.23%) has experienced many ups and downs since going public in late 2020. Immediately after the IPO, Ark Investments CEO Cathie Wood frequently watched financial news programs touting Palantir’s potential. Unsurprisingly, stock prices soared. However, this rise to the top of the software field did not last long. The next few years were tough for Palantir, as enterprise software in general saw slower growth due to a troubled economy. By early 2023, Palantir’s stock price was just $6. However, the technology sector has seen a sharp…

Grayscale Investments, the largest asset management company in the cryptocurrency industry, has applied to convert its Digital Large Cap Fund into an ETF product. Grayscale Large Cap Fund consists of Bitcoin, Ethereum, Solana, XRP, and Avalanche. Backing Grayscale and Crypto ETFs The company sent a 19b-4 form to the U.S. Securities and Exchange Commission (SEC) seeking permission to convert the fund. This Digital Currency Group affiliate is one of the companies that had a major impact on the emergence of spot Bitcoin ETFs in the United States. Just a year after winning a lawsuit against the SEC to convert GBTC…

On October 15, Nashville-based asset management firm Canary Capital filed an S-1 Form for its Litecoin (LTC) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).Canary’s filing is the first filing for a Litecoin-linked spot ETF in the U.S., and comes less than a week after the asset manager filed for an XRP ETF on October 8th. Canary Capital CEO and Founder Steven McClurg was previously Chief Investment Officer of Valkyrie Investments and co-founded the asset management firm with Leah Wald. This is different from the Solana ETF application.Alex Thorne, head of research at Galaxy Digital, told CryptoSlate…

Analysts predict that XRP price could experience a rise of just 350% following Ripple coin’s continued legal issues. However, the WallitIQ (WLTQ) token has received an even higher bullish forecast, with analysts predicting a 4,799% rise in 18 days. WallitIQ (WLTQ): Securing the Future of Cryptocurrency Wallets WallitIQ (WLTQ) sets a new standard for decentralized wallets, revolutionizing the way cryptocurrencies are stored, transactions are performed, and security is provided. Unlike many traditional crypto wallets, WallitIQ (WLTQ) is built with artificial intelligence (AI) and machine learning (ML) at its core, offering innovative solutions designed to anticipate and respond to user needs.…

Bitcoin prices started this week at unprecedented highs for many market participants. After disappointing investors in early October, Bitcoin prices have climbed above $66,000 for the first time in weeks. Interestingly, this price move has Bitcoin price once again approaching the key technical level of the 200-day moving average. Historically, crossing this important indicator has started an explosive bull market, often resulting in parabolic price increases. The question now is whether Bitcoin can repeat this historical pattern and cause another massive rally. Bitcoin price approaches 200MA. What does this mean? The 200-day moving average provides a clear picture of long-term…