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Blockchain is growing into a global innovation that has surpassed its initial association with cryptocurrencies. For example, auction house Christie’s recently announced that its upcoming fine art photography collection will include blockchain-based certificates of ownership for digital provenance purposes. And from banking to sectors such as payments, blockchain technology is being adopted by mainstream industries to facilitate decentralized, transparent and efficient processes across borders, while also providing programmable functionality. It has gained worldwide appeal due to its ability to offer benefits such as: However, this growth has not been without its challenges. One of the obstacles to widespread adoption of…

Coinbase announced on Friday that it plans to delist stablecoins that are not compliant with the European Union’s MiCA law starting at the end of this year. Coinbase has proposed to stop supporting stablecoins that do not follow the Market in Crypto Assets (MiCA) rules set by the EU.According to Bloomberg, this happened after the EU strengthened its regulatory framework for digital asset markets.“As of December 31, guidance for virtual currency exchanges and other businesses operating in the region will come into effect,” the report said. Coinbase has revealed that users in the European Economic Area (EEA) will be able…

The Cryptocurrency Open Patent Alliance (COPA) has partnered with Unified Patents to launch Blockchain Zone, a new initiative aimed at protecting blockchain developers from “patent trolls.” The campaign targets non-practicing entities (NPEs), which hold patents without developing a product and abuse high litigation costs to force companies into expensive settlements. Protecting blockchain innovators According to the announcement, NPEs still account for 58% of infections in the United States, a number that has remained unchanged for five years. COPA’s Blockchain Zone is home to more than 300 companies committed to reducing NPE activity and protecting blockchain technology from frivolous legal claims.…

A widely followed market commentator and YouTuber who goes by the handle “ModernInvest” expressed that it would be strange if XRP failed to break below $20 during this bullish season. XRP price is rapidly recovering from the heavy selling pressure that pushed its value to the $0.50 level earlier this week. At the time of writing, it was trading at $0.5322, up 1.45% in the past 24 hours. This number represents a marked improvement from the low of $0.5101 that XRP tested on Thursday, when the SEC announced its intention to appeal. However, XRP’s weekly performance still suffers from a…

Lunex Network tackles issues such as network congestion, high fees, and privacy issues that many traditional platforms struggle with. Unlike standard exchanges, which experience slower speeds and higher fees during busy periods, Lunex Network allows for instant exchanges without delay between 50,000 assets across blockchains such as Ethereum, Solana, Tron, Bitcoin, etc. . Lunex Network’s low-fee cross-chain transactions lower the barrier to entry and could facilitate faster adoption over the next decade.Lunex Network not only offers instant trading across 50,000 blockchains, but also returns up to 18% of the platform’s profits to holders. This fair revenue sharing model has been…

09:05 ▪ 3 min read ▪ Written by Eddie S. Stablecoin adoption is on the rise in Sub-Saharan Africa, a trend primarily driven by ongoing local currency devaluations, particularly in Nigeria and Ethiopia. According to a recent report by Chainalysis, stablecoin trading currently accounts for 43% of total crypto trading in the region. Currency devaluation: a key factor in the adoption of cryptocurrencies The devaluation of local currencies has led many individuals and businesses to seek more stable alternatives to protect their wealth. Stablecoins, cryptocurrencies backed by stable assets like the US dollar, offer an attractive solution. These help avoid…

Analyst Benjamin Cowen is bearish on Bitcoin (BTC) as the leading crypto asset has seen a single-digit correction over the past week. In a new video, Cowen told his 814,000 YouTube subscribers that if Bitcoin fails to break above the upper trend line formed by a series of weekly lows since March, it will decline by 32% from current levels. He said there is a high possibility of a sharp decline. A lower trend line formed by a series of low prices that occurred during the same period of the same time frame. “If Bitcoin gets rejected again here (upper…

Litecoin ($LTC) is a globally popular crypto-based payment solution. The $LTC token is selling for $64.04 and the bearish momentum is weakening. Experts say signs such as a spike in active addresses are in sync with rising prices. Meanwhile, the emerging prop trading cryptocurrency FXGuys ($FXG) is attracting a large number of whales due to its successful pre-sale. FXGuys offers unique trading services across liquid markets such as Forex, Commodities, and Indices. The ICO numbers are impressive as FXGuys is still in its first pre-sale stage. To date, over 74 million $FXG tokens have been sold. FXGuys: Bringing DeFi to…

The FX, fintech and crypto markets have been as active as ever over the last week. Stay informed and ahead of the game with our hand-picked collection of top updates and stories. forex market news CySEC extends Otkritie’s ban following concerns over ties with Russia The Cyprus Securities and Exchange Commission (CySEC) has extended the ban on Igor Gutinskiy, director of Otkritie Broker Ltd, from managing the company for another six months. read more Carla Nemru joins Tauro Markets as Chief Commercial Officer Retail FX broker Tauro Markets has appointed industry veteran Carla Nemru as Chief Commercial Officer (CCO) with…

8 hours 23 minutes ▪ 3 minutes read ▪ by Eddy S. The cryptocurrency market has recently been shaken by a significant drop in the price of Ripple’s cryptocurrency, XRP. Several factors contributed to this fall, including increased legislation and geopolitical tensions. But if we do nothing, the situation could get even worse. Virtual currency: Ripple (XRP) collapses following SEC action One of the main factors for this decline is the SEC’s appeal in its case against Ripple. The SEC has accused Ripple of selling unregistered securities in the form of XRP. Ripple had been ordered to pay a $125…