Author: admin

Georgia’s main opposition party, the United National Movement, launched United Space, an identity app powered by Larimo, ahead of the October 26 parliamentary elections. According to a report on Alexa Blockchain, the app aims to combat low voter turnout in Georgia by leveraging a blockchain-powered system to reward citizen participation regardless of political affiliation. There is. If elected, the party wants to use an app to “digitize” public service halls as a testing platform for universal basic income, with the proceeds returning to the public. Powered by Raimo, a zero-knowledge social protocol, the United Space app aims to implement a…

Read More

There are always several factors to consider before allocating funds to a potential cryptocurrency investment. These may include trading chart history, project roadmap, tokenomics structure, future market strength, etc. In this article, we will discuss the top 5 crypto coins that you should include in your portfolio that we have reviewed. Read detailed cryptocurrency analysis and make bold investments for maximum profit. 5 Best Cryptocurrencies to Invest in October 2024 – 100x Return Guaranteed Below is a list of the 5 best cryptocurrencies to invest in October 2024 to maximize profits in the coming months. 5thScape (5SCAPE) Ethereum (ETH) Binance…

Read More

Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach owner Tapestry (TPR). Shares fell about 45% in pre-market trading. In a court filing obtained by Yahoo Finance, U.S. District Judge Jennifer Rochon ruled that “antitrust laws are in vogue” and that the merger of the two fashion powerhouses would be “an affordable luxury… “Competition in the handbag market will be significantly reduced.” Tapestry and Capri announced a proposed merger last year. The combination brings together six well-known fashion brands under one roof: Tapestry’s…

Read More

Home > News > Business > Tether’s Treasury Bill Manager Blends Cryptocurrency and Politics The Wall Street titan, who reportedly controls Tether’s Treasury bills, is reportedly being considered as a chief of staff candidate under the second Donald Trump administration, as Tether’s That could spell trouble for stablecoin rival Circle. On October 22nd, Politico reported on possible names for President Trump’s chief of staff should he assume the White House in January for his second term. Among the names being bandied about is Howard Lutnick, co-chair of President Trump’s transition team and chairman and CEO of financial services firm Cantor…

Read More

Institutional interest in XRP is driving ETF filings, with Bitwise, Canary Capitals, and Grayscale leading the way. Ripple CEO Brad Garlinghouse predicts that this increased interest will drive up the token’s price. The Bitcoin ETF recorded inflows of $21.41 billion, and Garlinghouse expects the XRP ETF to follow this trend. Ripple CEO Brad Garlinghouse expressed optimism about the approval of a spot-based exchange-traded fund (ETF) for XRP in the United States. At the 8th DC Fintech Week, Garlinghouse told Bloomberg that it was only a matter of time before the U.S. Securities and Exchange Commission (SEC) approved an ETF based…

Read More

Tether aims to work with Turkey to tokenize its boron reserves and modernize its commodity trading system. Discussions with Turkish authorities are ongoing, but no agreement has yet been reached regarding the boron tokenization project. In a recent development, Tether has proposed to digitally tokenize Turkey’s vast boron deposits, according to Bloomberg Crypto. It aims to improve Turkey’s boron market, which is an essential strategic resource for many sectors including glass manufacturing and ceramics. The project aims to bring Turkey under control over 70% of the world’s boron reserves. This initiative has the potential to completely change trade trends for…

Read More

Bitcoin’s BTC/USD price remains depressed, trading at $67,900 as of Friday morning, a slight increase of 1.2%. What happened: This happened despite reaching nearly $69,000 earlier this week, according to CoinGecko data. The leading cryptocurrency is currently 8% below its all-time high of $73,737. Ethereum ETH/USD also showed a small increase of 0.5%, reaching $2,540. But analysts have suggested the market could face new pressures as volatility and concerns about the U.S. election weigh on investor sentiment. Injective CEO Eric Chen said in a meeting with Benzinga that Bitcoin’s typical four-year cycle could become longer, potentially leading to a stable…

Read More

Tether Holdings, the world’s largest stablecoin issuer USDT, has proposed an ambitious plan to the Turkish government. The plan aims to “modernize” the domestic boron market using blockchain technology. The proposal includes the creation of a digital token backed by borate minerals, a key resource in which Turkey controls more than 70% of the world’s supply. Proposal details As Bloomberg reported today, citing individuals familiar with the matter, Tether has proposed to Turkish authorities the idea of ​​tokenizing boron, which is used in a variety of industries, including pottery, fertilizer, and glass production. In addition to the tokenization proposal, the…

Read More

The recent price action of Solana-based Raydium (RAY) has caught the attention of investors as the decentralized exchange (DEX) token continues its upward trend, hitting a seven-month high. Raydium’s performance shows the growing interest in the Solana ecosystem. This continued momentum suggests that RAY could reach even higher levels if market support continues. Radium overtakes Ethereum Solana DEX Raydium recently surpassed Ethereum in fees collected in 24 hours, a notable achievement that highlights its growing activity. Raydium’s fees are generated from swaps on the platform, and as the amount of swaps increases, so does the fee collection. In the past…

Read More

Based on historical patterns, two analysts predict that an impending big move in XRP could potentially lead to a staggering 71,381% price explosion. This has been a tough week for XRP as the price continues to fall. XRP revisited a low of $0.51 on Thursday, representing an 8.33% correction from the weekly high of $0.5594. Additionally, XRP’s recent movements reflect broader trends that are inhibiting its performance. It is down 12% from its two-month high, showing an overall negative trend on an annual scale. Notably, XRP has been trading below $1 for over 40 months and has little momentum to…

Read More