Author: admin
The government of Palau, a Pacific island nation, is testing a blockchain-based savings bond system to raise funds for critical infrastructure projects on the island.Project backer Japanese blockchain solutions company Soramitsu said in a statement on Tuesday that a public review of the digital savings bond platform began this week, but no bonds have been issued. Funds raised from the bond will be used to build bridges, roads and other public infrastructure projects across Palau’s more than 300 islands.”The savings bond initiative will allow us to finance critical projects such as housing, small business development and infrastructure with domestically sourced…
advertisement Stablecoin Standards, the authoritative body representing stablecoin issuers around the world, has announced that its new global standard for stablecoin issuers has gained support from prominent industry players and ecosystem participants. It was revealed that Collaboration on stablecoins with notable support from Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (“GMO Trust”), JST Digital, Fireblocks, Solana Foundation, StraitsX, and Zodia Markets and marks a pivotal moment in standardization. landscape. The standards were announced by Beth Haddock, Global Policy Lead for Stablecoin Standards, during our annual flagship event in Singapore, and focus on operational resiliency, transparency and It aims to strengthen the…
S&P 500 and Dow are on pace to reach new closing highs 55 minutes ago The S&P 500 index soared to an all-time high Wednesday morning, while the Dow Jones Industrial Average is 0.5% shy of a new all-time high and on track to close at its all-time high. The previous high for the Dow Jones Industrial Average was last Friday at $42,352.75. The S&P 500’s highest closing price was 5,762.48 on September 30th. So far this year, the S&P 500 and Nasdaq Composite are both up more than 21%, while the Dow is up 12%. TradingView Jeffries calls Reddit…
Bitwise CIO Matt Hougan says three conditions could pave the way for Bitcoin (BTC) to reach the $80,000 level by the end of the year. In a new note to investors, Hogan referenced a prediction made by Bitwise at the end of 2023, predicting that BTC will trade above the $80,000 level in 2024. With the fourth quarter underway, the investor now says three conditions are necessary for Bitcoin to reach its target price. Hogan’s first condition is an election that brings “an outcome other than an overwhelming victory for the Democratic Party.” While a Republican victory would bode well…
Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is a hot topic in the cryptocurrency market today. A new HBO documentary claims that core network developer Peter Todd is the man behind BTC, which he vehemently denies. In the midst of this, several others stepped in to speculate on Satoshi Nakamoto’s identity.Also read: Shiba Inu: Terutoshi Kusama hints at withdrawal from SHIB projectSpeculations and revelations about Satoshi Nakamoto’s true identityDogecoin co-founder statementDogecoin co-founder Billy Markus wanted to be part of the fun. Marcus (also known as Shibetoshi Nakamoto) is one of the earliest members of the cryptocurrency community. Along with…
LONDON, UK, Oct. 9, 2024 /Chainwire/ — Stablecoin Standards, the industry association for stablecoin issuers around the world, today announced that its recently announced global set of standards for stablecoin issuers is the leading announced that it has been endorsed by some of the leading stablecoin issuers and ecosystems. Industry participants. Backed by Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (“GMO Trust”), JST Digital, Fireblocks, Solana Foundation, StraitsX, Zodia Markets, and others, it is a new initiative for collaboration and standardization within stablecoins. It marks the coming of an era. industry.The standards were announced by Beth Haddock, Global Policy Lead for…
Panama City, Panama, October 9, 2024 (Globe Newswire) — Gate.io announces a $10 million strategic investment in The Open Network (TON) blockchain. This investment aims to strengthen collaboration with TON Foundation and accelerate the growth of Telegram-based projects. With this investment, Gate.io plans to deepen its involvement in the governance of the TON blockchain and contribute to its continued development. The company will also focus on launching new products such as the official CeFi-led Telegram mini app and Gate Wallet within Telegram to further support and expand the TON ecosystem. Gate Group is also an active participant in the TON…
On October 2, the SEC filed a notice of appeal challenging Judge Annalisa Torres’ ruling that XRP is not a security. The lawsuit caused the price of XRP to plummet, forcing Ripple traders to turn to alternative investments. Remarkably, the upcoming Ethereum altcoin, RCO Finance (RCOF), has been the center of attention as it secured over $2.79 million in funding during its ongoing pre-sale. Will XRP price continue to be depressed and will RCO Finance (RCOF) maintain its bullish trend? Let’s find out! XRP plunges 13% as battle between Ripple and SEC enters new phase XRP price performance over the…
advertisement SOL, the native cryptocurrency of the Solana blockchain, could soar five times in 2025, according to a recent forecast from global banking giant Standard Chartered. The company expects the fifth-largest cryptocurrency by market capitalization to surpass Bitcoin (BTC) and Ethereum (ETH). If Republican presidential candidate Donald Trump wins the presidential election in November. Solana is poised to outperform Bitcoin under President Trump Analysts at the bank, led by Jeff Kendrick, StanChart’s global head of digital asset research, are optimistic about Solana’s future if President Trump retakes the White House. They predict that Solana’s price could rise five times by…
Professional crypto trader Justin Bennett shared his insights on Bitcoin BTC/USD market volatility and future predictions ahead of the FOMC Minutes meeting. What Happened: Bennett emphasized on social media that the minutes are not the Fed’s interest rate decisions, so he doesn’t expect the volatility typically associated with Fed interest rate decisions. The trader also talked about his bearish stance on Bitcoin, which he adopted after the market lost some ground. He predicted that Bitcoin could fall and wipe out longs, especially as the FOMC meeting approaches. He suggested that the best way to trade in the current range is…