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Market liquidity is reaching record levels as Ripple prepares to impact the stablecoin market with its upcoming Ripple USD (RLUSD) stablecoin. Although still in the beta testing stage, Ripple’s stablecoins have taken center stage recently, with Ripple previously entering the custody scene with the acquisition of Metaco and strengthening its position in the stablecoin market. I am aiming to do that. Ripple Gear for RLUSD launch A recent report from CryptoQuant suggests that Ripple may use RLUSD to target remittances and remittances, and the project is expected to leverage not only the Ethereum network but also the established XRP Ledger…
A PwC survey of 100 hedge funds found that almost half are betting on digital assets, and the report also dissects hedge funds’ strategies and where they are most cautious.About 47% of traditional hedge funds have exposure to digital assets, the study found, up from about 29% last year and about 37% in 2022.A survey conducted by PwC and the Alternative Investment Management Association of around 100 hedge funds around the world found that hedge funds are rapidly entering the market due to clearer regulations and the launch of spot cryptocurrency ETFs in both the US and Asia. It turned…
Uniswap Labs, a corporation that builds products that use the decentralized finance (DeFi) protocol of the same name, announced Thursday the launch of its so-called Layer 2 blockchain. The new blockchain is called Unichain, and the company says it will significantly reduce the time it takes to execute transactions on decentralized exchanges. “Unichain’s block time will initially be 1 second, but will later be optimized to meet block times of 200-250 milliseconds, which will feel like a near-instantaneous trading experience for users,” Uniswap Labs said. said in a statement. Layer 2 blockchains, known as L2, have proliferated in recent years…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Dogecoin faces new stress tests as market conditions improve. On the other hand, this 25x altcoin is aiming for a 1,000% return against meme coins. The recovery in market conditions has turned the tables on many altcoins. Dogecoin (DOGE) is one of the many memecoin projects benefiting from bullish market sentiment. But the new hybrid trading platform has outperformed Dogecoin with a 1,000% rise since its launch, followed by an explosive pre-sale rally that has raised millions of dollars…
The Ethereum documentary “Vitalik: The Story of Ethereum,” co-sponsored by HashKey Tokenisation, SeeDao, and web3caff, held its offline premiere in Hong Kong on October 10th. The documentary raised 1,036 ETH through crowdfunding and took three years to film and produce. , viewers will be able to experience the journey of building Ethereum through the eyes of Vitalik Buterin. Dr. Xiao Feng, Chairman and CEO of HashKey Group, attended the premiere with community members and spoke before the screening about how he and Vitalik joined China’s Ethereum community ecosystem from 2015 to 2017. I looked back. Dr. Xiao said, “Ethereum’s goal…
Celsius Holdings (CELH 12.49%) stock had a great day Thursday, rising 11.5% by 10:05 a.m. ET on two positive notes from Wall Street analysts. Piper Sandler yesterday released research supporting the continued popularity of Celsius among teenage energy drink consumers. Separately, Stifel reported this morning at the National Association of Convenience Stores trade show, which reported strong sales trends in that market segment. Second good news for Celsius CNBC reported the Piper news this morning, noting that Celsior has a 35% market share among energy drink brands preferred by teenagers. In fact, it’s pretty surprising. In the overall market, according…
Important points Uniswap Labs is building Unichain as a hub for DeFi liquidity. Unichain will initially support Uniswap protocol versions V2 and V3. Share this article Uniswap’s native governance token, UNI, surged 13% to $8.13 after Uniswap Labs debuted its new Ethereum layer 2 solution, Unichain. UNI is currently trading above $8, up about 12% in the past 24 hours, according to CoinGecko data.Developed on the OP stack, Unichain aims to address key challenges facing the Ethereum ecosystem, including high gas fees, suboptimal execution quality, and fragmented liquidity, the team said. Shared in white paper.Unichain leverages Optimism Superchain to facilitate…
Overview: Constellation Network comes with new open-source tools that enable businesses and individuals to build blockchain networks for big data. Constellation Network’s “HyDef ’24” conference will be held on Thursday, October 24, 2024, as a free, day-long virtual event combined with a live in-person event for a nominal fee at 1 Hotel in San Francisco. Constellation Network is a unique Web3 framework with new open-source tools that enables businesses and individuals to build blockchain networks for big data, creating trust and transparency around data collection, validation, and transactions. . Nicknamed “America’s Blockchain,” Constellation Network actively collaborates with organizations such as…
Further migration of companies to virtual currencies is a “bullish trend”. Regulators are considering ways to enable tokenization.Robinhood, Revolut, and PayPal’s recent crypto efforts highlight how traditional financial giants are increasingly making digital assets a key part of their strategies.”The floodgates are starting to open,” Marcus Infanger, senior vice president of Ripple’s payments platform RippleX, told DL News.Several industry experts DL News spoke to shared that sentiment after a month that saw Wall Street giants, fintechs and payments giants leverage digital assets.”These moves are significant and indicate a bullish trend in crypto and digital assets that may not yet be…
As discussion continued, Billy Marcus suggested Hal Finney as a potential creator. Polymarket data showed the general belief that Satoshi’s identity remained “unproven in the fourth quarter.” HBO’s recent documentary “Money Electric: The Bitcoin Mystery” has been in the news for reigniting the conspiracy surrounding the true identity of Bitcoin founder Satoshi Nakamoto. The documentary hinted that Peter Todd, a prominent Bitcoin (BTC) core developer, may be Nakamoto, a claim that Todd unequivocally and categorically dismissed. “I’m not Satoshi.” However, his denial has not quieted the debate, as others have also weighed in, fueling further speculation about the elusive figure…