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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. Cryptocurrency traders and investors are bracing for a potentially volatile week as Bitcoin (BTC) price hovers above the…
Home > News > Business > More than 40 members join European blockchain sandbox When the MiCA Regulation was passed in May 2023, the European Union became the first major jurisdiction to provide what the digital currency and blockchain industry calls “regulatory clarity.” While some have lamented that the EU’s regulations are cumbersome and complex, their purpose was never to please or facilitate the use cases they had in mind. Instead, it was to facilitate government and corporate use cases and help usher in Europe’s Digital Decade. It looks like it’s paying off. On September 30, the European Blockchain Sandbox…
New meme coin outperforms Dogecoin and Shiba Inu, backed by trend-driven strategy and marketing. Dogecoin and Shiba Inu are struggling to maintain hype without innovation as competition intensifies. The current uptrend in the cryptocurrency market is pushing memecoins higher, with notable stocks soaring in value. As of CoinGecko’s latest update, the meme coin market capitalization reached $55.4 billion, registering an increase of 9.4% in the past 24 hours. trending meme coins Among the standout gainers, dog-themed meme coin NEIRO soared 46.9%, making it one of the day’s trending assets. Source: CoinMarketCap Similarly, Dogwifhat (WIF) and Popact (POPCAT) also rose over…
Guinea-Bissau has adopted the use of blockchain technology to manage civil servant salary expenditures, with the aim of increasing transparency and curbing corruption in public services.Officials overseeing the country’s public wage bill management have introduced a new software platform that leverages blockchain to securely store and exchange payroll and pension information and prevent unauthorized changes. The initiative is being rolled out across all ministries and is part of broader policy reforms agreed to by the government in a program with the International Monetary Fund (IMF).“After four years of collaboration with the Fund and technical advisors Ernst & Young, Guinea-Bissau is…
As the cryptocurrency market continues to change, with renewed enthusiasm for high-risk investments, especially after the US interest rate cut, Bitcoin remains a fundamental asset for investors. However, a new trend is emerging alongside Bitcoin as investors begin to diversify into other assets, namely Ethereum (ETH) and Good Egg (GEGG). Both of these assets are now considered vital components of a balanced crypto asset portfolio, especially for those seeking explosive growth. Bitcoin recovery and its role in the market Bitcoin (BTC) has long been the gold standard in the cryptocurrency space. Its dominance in a market that began to grow…
Outlook for global blockchain technology in energy markets 2024-2032: Growing risks and investment opportunities:Infinity Business Insights recently published a study on global blockchain technology in the energy market, featuring over 144 pages of detailed insights into the product/industry scope. This Blockchain Technology in Energy Market report provides an extensive overview of the market outlook and status from 2024 to 2032. The study is segmented by key regions and focuses on the factors driving the growth of the market. Currently, the market is expanding its presence with notable contributions by major companies such as Power Ledger, LO3 Energy, Grid+, WePower, Electron,…
Global industrial blockchain technology market outlook 2024-2032: Growing risks and investment opportunities:Infinity Business Insights recently published the Global Industrial Blockchain Technology Market Research, featuring over 144 pages of detailed insights on product/industry scope. This Industrial Blockchain Technology Market report provides an extensive overview of the market outlook and current status from 2024 to 2032. The study is segmented by key regions and focuses on the factors driving market growth. Currently, this market includes IBM Corporation, Microsoft Corporation, Intel Corporation, Amazon Web Services, Inc. (AWS), Oracle Corporation, Huawei Technologies Co., Ltd., SAP SE, Cisco Systems, A-ccenture plc, Infosys Limited, Blockchain Foundry…
Cryptocurrency exchange Coinbase has announced plans to delist some stablecoins in the European Economic Area. The move comes as the industry prepares for tighter regulation under new European Union guidelines. The EU’s Markets in Cryptoassets (MiCA) regulation, introduced in early 2023, is expected to come into full force from December 2024. The regulation requires stablecoin issuers, whose tokens are pegged to stable assets to mitigate price volatility, to comply with the following strict standards: Transparency, liquidity and consumer protection. Coinbase prepares for regulatory compliance Coinbase sent out an email clarifying its plans to comply with regulatory requirements. The company informed…
The cryptocurrency community is eagerly awaiting the release of an HBO documentary titled “Money Electric, The Bitcoin Mystery.” Some believe this documentary will reveal the true identity of Bitcoin founder Satoshi Nakamoto. Cryptocurrency traders have become electrified, with nearly $5 million bet on various predictions through platforms such as Polymarket. Who is Satoshi Nakamoto? Len Sassaman, a key figure in the cypherpunk movement, has emerged as the frontrunner. Polymarket odds currently suggest a 38% chance that Sassaman will be identified as Nakamoto. Crypto analyst Hitesh Malviya points out that there are some compelling connections between Sassaman and the pseudonymous inventor.…
According to recent data, TRON has emerged as the fastest blockchain ecosystem, surpassing major competitors such as Polygon, Ethereum, and Bitcoin in terms of transaction processing speed. Analysts at CryptoQuant, a well-known on-chain analytics platform, report that TRON has reached an astonishing speed of 85 transactions per second (TPS), surpassing Polygon’s 30 TPS, Ethereum’s 14 TPS, and Bitcoin’s 7 TPS. I made it clear. This development positions TRON as a leading platform in terms of the amount of transfers processed, particularly facilitated by stablecoin transactions. TRON’s TPS rate growth is primarily driven by the dominance of stablecoin transfers on the…