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Cantor Fitzgerald CEO Howard Lutnick called Bitcoin a commodity and said it should be treated like gold or oil. Appearing on “Morning with Maria,” Lutnick argued that Bitcoin, the largest cryptocurrency by market capitalization, is a commodity. He further said that individuals should treat this premium asset the same way they treat one of the top two natural minerals: gold and oil. Lutnick insists on the relevance of Bitcoin As background, the scarcity of Bitcoin, in particular, has led to comparisons between Bitcoin and gold. Financial commentators often consider digital assets to be a store of value and a hedge…

In today’s rapidly evolving digital environment, blockchain technology is carving out important niches in various industries. The casino sector, known for its reliance on customer loyalty, is particularly poised to benefit from these advances. By integrating blockchain into their loyalty programs, casinos not only increase security but also improve the overall user experience. Enhanced transparency and security The integration of blockchain into casino loyalty programs brings a new era of transparency and security. Each transaction is recorded on a distributed ledger, making tampering virtually impossible. For those familiar with the crypto casino industry, the appeal of blockchain’s immutable records cannot…

Ripple must file a cross-appeal within 14 days of the SEC’s decision challenging the court’s ruling. Ripple’s CEO criticized the SEC’s legal battle as irrational and stressed that XRP’s non-security status remains unchanged. The latest update on Ripple’s long-running legal dispute with the U.S. Securities and Exchange Commission (SEC), according to cryptocurrency influencer Marty Partey, claims that Ripple is facing a court ruling over the sale of XRP to institutional investors. They have 14 days to file a counterclaim against the decision. . Following a July 2023 district court ruling that the sale of XRP on public exchanges does not…

Despite the SEC lawsuit, BRICS countries and Japan continue to show interest in XRP. The coin has recovered from losses caused by an appeal filed earlier this week. Despite the uncertainty in the Ripple ecosystem, the XRP coin has attracted attention from prominent parties and organizations. Earlier this week, the U.S. Securities and Exchange Commission (SEC) filed an appeal in the Ripple lawsuit, potentially extending the legal battle that began in 2020. As CNF mentioned earlier, the regulator’s move immediately resonated throughout the community, resulting in a drop in the price of XRP. Despite this change, XRP remains attractive to…

Cover image (from U.Today) 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. Billy Marcus, co-founder of the iconic meme cryptocurrency Dogecoin, known by the pseudonym Shibetoshi Nakamoto, shares his views…

As Ethereum (ETH) gradually becomes the unavoidable ruler of decentralized applications (dApps), decentralized finance (DeFi), and smart contracts, many analysts believe its rate will exceed $7,000 by 2025. I believe it. With a current trading price of $2,658, Ethereum remains one of the most attractive cryptocurrencies in terms of long-term investor positions. But even more thrilling is the fact that this venture capital rush isn’t just within the Ethereum ecosystem. The Ethereum network also supports many more decentralized projects and tokens awaiting development, some of which promise huge rewards. Some of these tokens that are on the verge of Ethereum…

(Bloomberg) — Coinbase Global Inc. plans to delist all unauthorized stablecoins from European Economic Area crypto exchanges by the end of the year, a blow to tokens like Tether Holdings Inc.’s USDT. There is a possibility that it will happen.The European Union plans to fully implement new rules governing the cryptocurrency industry, known as MiCA, by the end of this year. Regulations for stablecoin issuers under MiCA came into effect on June 30th and require them to hold an e-money license in at least one member state. Guidance for virtual currency exchanges and other companies operating in the region will…

Japan plans to significantly revise its virtual currency gaming law. This reform was aimed at positioning Japan as a leader in the rapidly growing blockchain gaming sector. Japan’s Financial Services Agency (FSA) has announced major revisions to the Cryptocurrency Gaming Act. The goal is to create a safer and more transparent environment for companies and players alike. These reforms aim to position the country as a leader in the rapidly growing blockchain gaming sector. The FSA has long been cautious about integrating cryptocurrencies into gaming. However, as the industry expands, we recognize the need for updated regulations. “We must ensure…

Allied Market Research has published a new report titled “Registered at 59.3% CAGR | Blockchain-as-a-Service Market Share to Reach USD 84.6 Billion by 2031”. The report provides an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and competitive environment. This study is a source of information that will help market players, investors, vice presidents, stakeholders, and new entrants to thoroughly understand the industry and decide on the steps they should take to gain a competitive advantage. is.A significant surge in internet penetration in various countries around the world, an increase in the number of…

They’ve been around for several years, but can blockchain and NFTs still revolutionize the wine industry? The database will investigate. Almost five years ago, DB’s Arabella Mileham was inspired by the ‘No. He reported on the 4th Industrial Revolution. . Holmes discussed how technology can transform the wine trade, reduce trade tensions, provide more information to consumers and enable a seamless supply chain. But did that dream become a reality? If not, why not? blockchain First, and most obviously, the wind has taken the wind out of sales on NFT marketplaces around the world. The industry was worth around £31bn…