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Recent data from blockchain analysis firm Chainalysis reveals that the UK has the largest crypto economy in Central, Northern and Western Europe (CNWE). The UK rose two places to 12th place on the Chainalysis Global Cryptocurrency Adoption Index, with on-chain crypto value of USD 217 billion from July 2023 to June 2024. At CNWE, merchant services is a growth segment primarily driven by the UK. This sector expanded by 58.4% year-on-year. The region has the world’s second-largest cryptocurrency sales and services market after Central, South Asia and Oceania (CSAO). Stablecoins lead the way as the most frequently used asset type,…

Following recent actions by US prosecutors and the US Securities and Exchange Commission (SEC) against several crypto companies, including CLS Global, the company released a statement explaining the situation. CLS Global is in contact with U.S. authorities to establish a constructive and cooperative dialogue in hopes of resolving the incident, addressing misunderstandings, and taking appropriate corrective actions to reduce future risks. I took it. Strict policy against involvement in the US market The company said CLS Global maintains a policy of not operating within the U.S. market or doing business with U.S. citizens, entities, or users. This policy has been…

TLDR:Ethereum trading in the $2,500 range signals weakness in Q4 2024 Activity metrics reveal Solana processes 10x more daily addresses than Ethereum Bitcoin ETF has 7x more daily addresses than Ethereum Ethereum’s value capture model is in question as it leads with $66 billion AUM against USD’s BLayer-2 network Market technicals point to a potential test of the $2,300 support levelThe final quarter of 2024 is putting increasing pressure on Ethereum holders as the cryptocurrency is trading near $2,500, down 5% over the past week. Market data from October 25 reveals ongoing challenges for the blockchain network that pioneered smart…

The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The copy trading market is expected to double in size, growing…

A new hub dedicated to pioneering blockchain development in Shanghai was unveiled in Jing’an District during the 2024 Industrial Blockchain Conference.Blockchain Valley is located within Shibei High-Technology Park, which has been designated by the Chinese government as a pilot area for implementing cutting-edge blockchain applications.It is a vast complex consisting of eight buildings with a total area of ​​120,000 square meters and office space of 66,000 square meters.A ceremony during the conference welcomed the arrival of four institutions, including the Shanghai Data Service Providers Association and the Shanghai Blockchain Technology Association, and eight companies, including SimMed and Tc Technology.Jing’an is…

Ripple Labs has formally filed a Form C with the U.S. Court of Appeals for the Second Circuit, setting out the issues it plans to raise in its cross-appeal to the Securities and Exchange Commission (SEC). The ongoing controversy revolves around the classification and regulation of XRP. Today, Ripple filed Form C, listing the issues it plans to raise in its counterclaim. There are a few things to keep in mind as you proceed. This lawsuit is not about whether XRP itself is a security. XRP is in the unique position of not having clarity (along with BTC)… https://t.co/AmFocAnbPx —…

Dogecoin (DOGE) has experienced a notable price surge over the past 24 hours, rising 10% to around $0.134. This rise has been supported by a significant increase in trading volume, which recently reached $2.27 billion. The market seems to have more confidence in DOGE’s upward trend, with increases in both price and volume putting DOGE back in the spotlight. Several bullish indicators suggest potential continued momentum for Dogecoin. Some market analysts are more optimistic, suggesting that DOGE could reach even higher prices in the future. However, these predictions are still speculative. What is clear, however, is that Dogecoin remains popular…

(Bloomberg) — U.S. stock futures pointed higher toward Wall Street as investors look to avoid rising borrowing costs that dampened market sentiment earlier this week. Most Read Articles on Bloomberg S&P 500 contracts rose 0.2%, suggesting the index could narrow its first weekly decline in seven years. U.S. Treasury yields fell for the second day in a row, with the 10-year Treasury rate up about a tenth of a percentage point for the week. Traders are focused on next week’s release of U.S. economic data, including the monthly jobs report, for new clues about the extent of the Federal Reserve’s…

This is an excerpt from the Future of Payments 2025 report. Technology has never evolved as rapidly as it does today. Finance and banking are ripe for innovation. AI, tokenization, stablecoins, CBDC, and hyper-personalization are all factors in the discussion when it comes to making transactions more secure, streamlining operations, reducing costs, and improving customer experience. Let’s examine these trends in more detail. AI in banking and payments Payment service providers (PSPs) have long used rules-based AI, such as machine learning and robotic process automation. Now, new forms of AI, centered around large-scale language models (LLMs) or generative AI, are…

A US appeals court has ruled that home insurance does not cover crypto losses, emphasizing that insurance only applies to physical property. On October 24, the Fourth Circuit Court of Appeals found that Lemonade Insurance was correct in denying homeowner Ali Sedagatpour’s $170,000 claim for funds lost in a cryptocurrency scam. The ruling follows a lawsuit Sedagatpour first filed after he became a victim of a cryptocurrency investment scam after transferring $170,000 to APYHarvest in December 2021. The entity, later identified by the Central Bank of Ireland as a fraudulent investment company, had provided access to Mr Sedagatpour. He claimed…