According to a recent report by Ripple in partnership with United States Faster Payments Council (FPC), blockchain technology offers the prospect of saving financial institutions nearly $10 billion by 2030, by reducing the costs associated with cross-border payments.
Cryptos are useful for those who invest funds in them. For some, it's a way of diversifying their asset portfolio. Others, on the other hand, see them as an effective way of disguising the provenance of illicitly earned funds.
Coinbase CEO Brian Armstrong said the SEC asked the platform to remove any assets other than Bitcoin from its list. All crypto assets except Bitcoin were, in fact, securities and had to be removed from the list, the regulator said. According to Armstrong, accepting this request would lead to the end of the crypto industry.
The crypto sector is a tumultuous sea, sometimes capricious, sometimes farsighted. According to renowned analyst Dan Gambardello, Cardano ($ADA) could soon be making meaningful waves.
While Litecoin's Halving is generating interest this week, the flagship cryptocurrency, BTC, is showing a bullish configuration. One renowned trader claims that a rise towards $52k is inevitable for bitcoin (BTC), based on the SSA (Senko Span A), a component of the Ichimoku indicator.
Late yesterday evening, Curve Finance suffered a re-entry attack. Provisional reports of the hack indicated a loss of some $26 million. Except that it was a long night for the Curve team, and so was the list of break-ins. According to the latest news, the total amount of money stolen is in the region of $52 million.
Bitcoin is a technological earthquake that is reshaping finance, energy, politics and morality with the aim of regenerating humanity.
Donald Trump has declared in a speech that he will build the greatest economy in the history of the world. The former US president has in fact announced his candidacy for the 2024 presidential election. One might wonder whether his approach will be in favor of the crypto sector. Having always shown a certain reticence towards bitcoin (BTC), the crypto market was nonetheless doing well during his term of office. His re-election could breathe new life into this heavily repressed market.
With the Litecoin halving approaching, investor enthusiasm is reflected in the network's on-chain activity. Data provided by analysis company Santiment reveals aggressive accumulations by average investors, hinting at a bullish scenario for the token.
In the midst of the U.S. presidential campaign, discussions are heating up around a variety of topics, including Bitcoin and cryptocurrencies, which are attracting a great deal of interest. Ron DeSantis, Governor of Florida and Republican candidate for 2024, is firmly in favor of cryptos. During his campaign tour of New Hampshire, DeSantis firmly promised to end Biden's “war on Bitcoin” and cryptos if he became president.