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The ETFSwap (ETFS) platform revolutionizes access to traditional finance by tokenizing real-world assets and top-performing ETFs. Through this platform, investors can easily trade digital representations of real estate, technology stocks, and other financial instruments directly on the blockchain using ETFS tokens. This unique system allows crypto investors like Dogecoin whales to exchange institutional assets for other cryptocurrencies and vice versa, providing unprecedented flexibility in asset management. I will.What sets ETFS tokens apart from typical crypto assets is their built-in mechanism to stabilize their value. ETFSwap ensures that price fluctuations are minimized by pegging ETFS tokens to the value of the…

Circle CEO Jeremy Allaire said stablecoins could capture a 5% to 10% share of the global money supply over the next 10 years. Allaire said next year will be a pivotal year for stablecoin regulation, predicting that many G20 countries and emerging markets will enact legislation by the end of 2025. Jeremy Allaire, CEO of Circle, which develops the USDC and EURC stablecoins, said the stablecoin market will be He said it has the potential to grow into a $5 trillion to $10 trillion market. coin desk. Allaire predicts that stablecoins (a type of virtual currency whose value is pegged…

Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Markets: The S&P 500 is up slightly, on pace to end a three-day losing streak, but is trading volatile. The tech-heavy Nasdaq has outperformed the S&P 500 and the Dow Jones Industrial Average, thanks to Tesla’s 20% profit increase and positive outlook. It also has some strength in other parts of the broader technology complex, such as software. Salesforce, Palo Alto Networks, and CrowdStrike are among the club names on the rise after ServiceNow’s strong…

The Pennsylvania House of Representatives passed the Bitcoin Rights Act with “overwhelming” bipartisan support, marking a major shift in the U.S. crypto regulatory landscape. A groundbreaking move on Bitcoin rights The bill, officially known as House Bill 2481, received a decisive vote of 176-26, with all 76 Democrats and 100 Republicans supporting it. The bill aims to protect the right of individuals to self-manage their digital assets, ensure that Bitcoin can be used for payments, and establish clear guidelines for the taxation of Bitcoin transactions. After the upcoming election, the bill will go to the Republican-led Pennsylvania Senate and, if…

October 24, 2024, 6:26 PM UTC · 3 minute read /Cutushi/ – Litecoin surpassed expectations by recording a staggering $4 billion in transactions within 24 hours. This surge in activity highlights the growing demand for cryptocurrencies as innovative projects push the boundaries of what is possible in the digital economy. A rising star that combines the appeal of meme coins with powerful DeFi tools, Cutushi is one of the new wave candidates. As mainstream adoption accelerates, coins like Cutushi are gaining momentum and poised to become major players in a rapidly evolving landscape. Litecoin transaction value reaches $4 billion Litecoin…

advertisement Solana (SOL), the fifth largest cryptocurrency by market capitalization, has set a new record against rival layer 1 network Ethereum, thanks to a new boom in Solana network activity. Solana enthusiasts have long predicted that SOL would overtake Ether in market capitalization. That hasn’t happened yet, but rising prices suggest it’s not impossible. Solana leads Ethereum Ethereum killer Solana has shown impressive performance in recent months. Solana has consistently ranked among the top weekly gainers, while Ether has been mostly flat. The SOL/ETH trading pair soared to a new high of around 0.06995 ETH on Wednesday, according to TradingView…

Stablecoin issuer Tether has proposed a new initiative to Turkey, Bloomberg News reported on October 24. It is a digital token backed by boron, a mineral in which the country holds more than 70% of the world’s reserves.Boron, essential for the production of ceramics, glass and fertilizers, is a key asset to Turkey’s economy, with sales expected to reach $1.3 billion next year.Tether’s proposal would create a digital representation of boron and allow the mineral to be traded on a blockchain platform, providing a modern and transparent alternative to traditional commodity trading.Tokenization, the process of creating digital representations of physical…

AAVE, BNB, and BlockDAG are gaining traction in the cryptocurrency scene and are each poised for significant growth. AAVE is up 85% since September 2024 and is just 11% away from a new yearly high, which has captured much of the market’s attention. Similarly, Binance Coin (BNB) has a pattern that suggests it could break out soon, reaching $725, an increase of 19.45% from today’s price. While these coins are on the rise, BlockDAG (BDAG) shines the brightest after a successful test launch and pre-sale that has already raised around $102 million, with its price going from $0.001 to $0.0206…

The recent integration between Ankr and The Open Network (TON) has generated excitement among developers and investors. This partnership aims to foster decentralized application (dApp) development on TON and is likely to impact Toncoin price in the coming months. The integration of Ankr’s advanced Web3 API services allows developers to streamline access to TON and position the network for significant growth. As a result, many are speculating about how this development will affect Toncoin price. Ankr’s TON Blockchain Integration Could Increase Toncoin Price The integration of Ankr and the TON blockchain will make it easier for developers to build decentralized…

Staked USDT (stUSDT), a protocol that purports to invest in US Treasury securities to pay yield to users who “stake” Tether tokens, has been liquidated by Justin Sun-owned Poloniex, according to on-chain data. As a result, the use of Ethereum has collapsed. . Staked USDT is a token that has historically been used by entities and wallets closely associated with Sun, and accounts for the majority of all tethers in reserves at HTX, the crypto exchange he advises. occupied. Furthermore, in Ethereum, a large portion of this token was controlled by 0x176F3DAb24a159341c0509bB36B833E7fdd0a132. This address was previously tagged in Etherscan as…