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MicroStrategy Inc.’s MSTR closed Friday as the sixth-most traded stock on Wall Street, prompting founder and CEO Michael Thaler to coin the term “Magnificent Eight.” I made it and celebrated it. What Happened: On Sunday, Saylor took on X, drawing attention to the Bitcoin BTC/USD developer’s latest feat. MicroStrategy posted $5.8 billion in trading volume on Friday, trailing only tech giants such as Tesla Inc. TSLA, Nvidia Corp. NVDA, Apple Inc. AAPL, Microsoft Corp. MSFT, and Meta Platforms Inc. META. Moreover, MicroStrategy’s trading volume was higher than the other two companies in the “Magnificent 7”, Amazon.com Inc. AMZN and Alphabet…

TOKYO (AP) – Global stocks rose on Monday as the yen weakened amid political uncertainty after Japan’s ruling party lost a majority in the lower house of parliament in weekend elections.France’s CAC40 rose 0.7% to 7,552.94 in early trade, while Germany’s DAX rose 0.5% to 19,549.65. Britain’s FTSE 100 index rose nearly 0.2% to 8,260.84. US stocks turned higher, with Dow futures up 0.4% to 42,503.00. S&P 500 futures rose 0.5% to 5,876.50. In currency trading, the dollar rose from 152.24 yen to 153.33 yen. Last month, it was trading in the 140 yen range. The euro fell from $1.0803…

Although XRP recently fell below a key psychological mark, some analysts believe that an explosive price move for the altcoin is still on the horizon. On Friday, XRP briefly traded at $0.4935 amid widespread market weakness. However, on Saturday, the price rebounded to $0.5144, but fell back below $0.50. XRP “The explosion is coming” In a commentary on Sunday, pseudonymous analyst Random Crypto Pal shared XRP’s monthly chart and claimed that an explosion is imminent. This chart shows that XRP recently broke out of its seven-year trend line, and many analysts are claiming that this will be a defining moment…

Tether CEO Paolo Ardoino has acquired a record number of assets, including $100 billion in U.S. Treasury securities, more than 82,000 Bitcoins worth approximately $5.5 billion, and 48 tons of premium-grade gold. The amount of reserves held was disclosed. Ardoino’s comments, which he made at the PlanB Forum in Lugano, Switzerland, renewed public scrutiny of stablecoin giants following a Wall Street Journal report that suggested a possible investigation by U.S. authorities. It was released amid rising demand. The report claimed that the Justice Department and Treasury Department were investigating possible violations of anti-money laundering regulations and sanctions. Mr. Ardoino did…

The Ethereum Foundation, the nonprofit organization behind the second-largest blockchain, has recently come under intense scrutiny, with community members questioning why it would sell its Ethereum (ETH) holdings rather than stake them. . Now, Blockchain co-founder Vitalik Buterin has responded and provided detailed insight into why the organization chose to sell. Ethereum development efforts It all started with an Oct. 25 social media post in which Buterin shared a roadmap for universal light client validation on Ethereum. One user called on programmers to stop dumping, noting that Buterin recently reported selling a small portion of his Ethereum holdings. The 30-year-old…

HYDERABAD, India , Oct. 28, 2024 /PRNewswire/ — Woxen University is pleased to announce that new Dean Dr. Pepruiz Esteva de la Rosa has joined the Faculty of Technology. He brings extensive experience in blockchain technology, intelligent agents, cryptocurrencies and digital storage. Dr. de la Rosa has published over 200 international papers and supervised over 20 Ph.D. candidates and 50 master’s theses. Dr. Pepuluis Esteva de la Rosa, Dean of the Faculty of Technology Pepluis Esteva has a strong academic foundation with degrees from prestigious educational institutions. He holds an MBA degree and a Ph.D. He holds a bachelor’s degree…

Home > News > Business > Buenos Aires issues blockchain IDs to 3.6 million residents Argentina has been leading the pace in Latin America in digital asset adoption for many years, ranking among the top 20 markets in the world. The capital, Buenos Aires, is looking beyond digital assets to blockchain, recently rolling out a decentralized digital identity for its more than 3.5 million residents. This week, the City of Buenos Aires announced that it will integrate a decentralized identity (DID) solution into miBA, a government app that allows residents to manage data, make transactions, access personal documents, and verify…

Tron (TRX) and Polkadot (DOT) bulls understand the value of crypto investment utility. That is why they are buying a lot of tokens from the Rollblock (RBLK) cryptocurrency pre-sale. This top altcoin is focused on creating utility in cutting-edge crypto casinos, with analysts predicting at least 100x growth in early 2025 as a result. Tron to rally on GameFi utility payments in 2024 Tron has invested heavily in developing utilities in the GameFi space. This focus on GameFi utilities ultimately paid off with Tron prices increasing by over 60% in 2024. The entire GameFi sector is currently expanding rapidly after…

Cryptocurrency adoption continues in the South American country of Bolivia, as a major bank has started offering custody services for Tether’s USDt stablecoin. Bolivian bank Banco Bisa has announced a custody service for USDt (USDT), allowing customers to buy, sell, and send cryptocurrencies through the bank. Banco Bisa said the service allows users to hold their assets, send money to relatives and make cross-border payments.Bolivian financial regulator supports new servicesYvette Espinoza, head of Bolivia’s financial regulator, the Superintendent Financier (ASFI), supported the bank’s proposal, saying it would allow customers to carry out cryptocurrency transactions within the country’s regulatory framework. The…

Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. As the cryptocurrency bull market heats up, altcoins such as Dogecoin and Jupiter are posting impressive gains, while the DTX exchange is gaining attention for its features and return potential. As the bull market begins, some top altcoins are already posting double-digit net gains. Dogecoin (DOGE) is leading the way among meme coins and Jupiter (JUP) is making waves in the Solana ecosystem. DTX Exchange (DTX) is what everyone is looking for on the Ethereum network. Because its DeFi…