Author: admin
World Liberty Financial, the cryptocurrency venture launched by former President Donald Trump, is reportedly planning to develop its own stablecoin intended to act as a substitute for the U.S. dollar. World Liberty’s stablecoin ambitions According to Fortune reportThe World Liberty team is currently focused on ensuring the safety of financial products before they are introduced to the market. This will require navigating a landscape fraught with regulatory uncertainty and legal challenges, especially when competing with established players such as Tether's USDT and Circle's USDC stablecoin. It may be far away. Earlier this month, World Liberty acquired Rich Teo, co-founder of…
Market analyst Justin Bonds has made headlines for his recent comments regarding Ethereum, expressing skepticism about the future of Ethereum. Bonds, a vocal figure in the cryptocurrency industry, points out issues with Ethereum's approach to scaling and what he describes as a shift from its original vision. He suggests that ETH's current reliance on Layer 2 (L2) solutions rather than Layer 1 (L1) scaling is putting it on a difficult path. This situation could hinder the company's growth prospects in a highly competitive market. Justin Bons claims ETH layer 1 scaling has stalled In a recent thread on the X…
COLUMBUS, Ohio — Republican U.S. Senate candidate Bernie Moreno said Monday that he is proud to have the support of the cryptocurrency industry, which has previously supported Ohio's election on his behalf. He has spent tens of millions of dollars in fierce Senate races. Moreno, a Cleveland businessman, said at a campaign event in Columbus that if elected to the Senate, he would seek to provide “regulatory certainty” to Bitcoin and other digital currencies. He accused his rival, Democratic Sen. Sherrod Brown of Cleveland, of wanting to “ban” Bitcoin but not having even a basic understanding of how cryptocurrencies work.…
Over 300,000 ETH has been withdrawn from exchanges in the past week alone. ETH price continues a slight upward trend. ethereum [ETH] The recent price movement around $2,500 has occurred in response to a significant decline in foreign exchange reserves. The decline highlights a potential shift in investor sentiment. A decline in foreign exchange reserves often indicates that investors are moving their holdings off exchanges. This movement typically indicates a long-term holding strategy rather than an intent to sell. This change could be essential in stabilizing the price of ETH and shaping its future performance. Over $4 billion of Ethereum…
advertisement     Matt Hamilton, a former Ripple executive and crypto enthusiast, has suggested that XRP could soon surpass Bitcoin as the dominant cryptocurrency. On a recent 'Mr. YouTube's 'M Podcast', Hamilton had a lively discussion with long-time Bitcoin advocate DaVinci Jeremy about the future of these two prominent digital currencies. As an avid supporter of XRP, Mr. Hamilton highlighted several key advantages that he believes will lead to greater success for XRP compared to Bitcoin. “XRP was developed to solve some of the problems faced by Bitcoin, particularly scalability and energy usage.” he stated. He pointed out that using…
=nil;The Foundation has appointed a new CEO to lead Layer 2 efforts to advance scaling technology on Ethereum. During this period, the Ethereum ecosystem has seen much more use of such networks.Avi Zurlo is the CEO of the foundation behind =nil. (also known as Nil) leverages the power of zkSharding technology to further its mission of increasing transaction speed and throughput (number of transactions processed per second) on Ethereum. His term began Monday.“If you believe that Bitcoin has the potential to replace or become a significant competitor to gold, or that stablecoins have the potential to continue to grow and…
As industries such as business and finance continue to invest in digital transformation, this trend has increased interest in digital assets, including cryptocurrencies. The Forbes article points out that the crypto market has soared in recent months, showing a strong turnaround after a tumultuous 2023. Despite global economic challenges such as inflation, popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) have seen significant increases in price and market capitalization. It has risen, showing renewed confidence and interest in the crypto market.In addition to encouraging individuals to invest in the market and conduct financial transactions using digital…
Recently, a standalone Bitcoin block was created. mined According to FutureBit founder John Stephanopoulos, this is the first time something like this has happened in more than a decade. One user was able to successfully find Bitcoin blocks using his own hardware. “This is the first time in over a decade that a single device has been discovered running a complete node and sending its blocks anonymously and independently without a third party.” said Stephanopoulos. This block was found on an Apollo II full-node device running a user's own independent node and solo stratum server. In the early days of…
Bitcoin (BTC) performance creates a “very bullish setup” for the digital asset as investors prepare for November's US presidential election, says Matthew Siegel, head of digital asset research at VanEck. He told CNBC on October 28th.“This is a very bullish setup for Bitcoin heading into the election,” Siegel said, adding:“We saw the same pattern in 2020. Bitcoin was quiet, but when a winner was announced, it rose with high volatility.”Bitcoin's spot price exceeded $69,000 on October 28th, indicating that it could be heading towards all-time highs ahead of the election. “Bitcoin is […] It’s increased 100% in the past year,”…
putilov_denis – Stock.adobe.com by Release date: October 28, 2024 Quantum computing promises to enable organizations to optimize processes, overcome logistical challenges, reduce costs, and improve decision-making. However, the advanced capabilities and computational power of quantum computing also means that current cryptographic algorithms will no longer provide the protection they once did. The quantum computing market is still in its infancy, with a revenue forecast of approximately $1.3 billion in 2024, but is expected to grow to $5.3 billion by 2029. Current asymmetric cryptography is at risk, so it's important for organizations to prepare for post-quantum cryptography (PQC) now. –…