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Showing posts from June, 2023

Big Boost To XRP Community: Ripple Chief Legal Officer Honored

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Also Read: Ripple Partner Volante Completes FedNow Testing With Custodian Bank, XRP To $1? advertisement Ripple Chief Legal Officer Awarded Stuart Alderoty, Chief Legal Officer at Ripple , has recently been awarded The Burton Award 2023 in the ‘Legends in Law’ category. With 35 years of legal experience, Alderoty is well known in the crypto community for statements exposing the regulatory gaps in digital assets laws. The Legends in the Law Award is given to general counsel based on an outstanding reputation in the legal profession and a track record of addressing complex matters of national or global significance in various specializations. Overall, this is a welcome recognition to Alderoty, as it could go a long way in cementing Ripple ’s reputation in the legal circles. Meanwhile, the XRP holders are awaiting the Summary Judgement in the Ripple Vs SEC lawsuit from Judge Analisa Torres. Also Read: Bitcoin Falls As US SEC Reacts On ‘Inadequate’ Spot E

Dogecoin and Shiba Inu meme coins face stiff competition with the emergence of DigiToads

A new memecoin called DigiToads is gaining popularity in crypto and competing with dogecoin (DOGE) and shiba inu (SHIB). The presale of DigiToads was successful, raising over $5.7 million and selling more than 354 million tokens. This indicates a high level of investor interest and confidence in the project, providing a solid foundation for its development and growth. DigiToads appears to be a compelling investment opportunity with the potential for long-term success. DigiToads DigiToads distinguishes itself through its distinctive position within the memecoin market. While dogs, notably Dogecoin, have garnered significant attention in memes, TV shows, and popular culture, DigiToads aims to present an alternative perspective by highlighting the notable attributes of toads. Toads exemplify self-reliance, resourcefulness, and a sense of unity within their community. DigiToads offers a fresh outlook and represents a distinctive investment opportunity for individuals seeking novelty w

North Carolina General Assembly Approves Bitcoin Study

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Join Our Telegram channel to stay up to date on breaking news coverage The North Carolina House of Representatives has passed a bill to look into the feasibility and implications of holding various assets including Bitcoin. The bill proposes allocating $50,000 to study the acquisition, secure storage, insurance, and liquidation of gold bullion and other virtual assets like BTC. TODAY – 🇺🇸 North Carolina House to vote on bill directing treasury to study the process of buying and holding #Bitcoin "to hedge against inflation." pic.twitter.com/ZGiW1EdpRC — Bitcoin Magazine (@BitcoinMagazine) June 28, 2023   The study would assess whether such holdings would hedge against inflation and systemic credit risks. Additionally, it would examine if these assets (gold and crypto) could minimize volatility and maximize the state’s portfolio returns. The bill also proposes creating a state-administered depository for crypto that would see North Carolina as the custodian of

Bitfinex Finally Completes Loan Repayment To Sister Firm Tether

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Join Our Telegram channel to stay up to date on breaking news coverage Crypto exchange Bitfinex said it has finally repaid the $550 million loan to Tether, the issuer of the Tether (USDT) stablecoin. In 2018, Tether lent the exchange over $600 million, both of which have the same ownership and executives. However, the transaction wasn’t made public until a year later after the report by New York Attorney General’s Office (NYAG). The report alleged that Bitfinex is secretly using Tether’s reserve to cover the $850 million loss suffered from a deal with Crypto Capital Corp. But Bitfinex came out to clear the air and stated an initial payment has already been made to clear the loan. According to Bitfinex’s website, the line of credit opened by Tether has been canceled after Bitfinex met the remaining loan payment requirement. The final re payment was made last month, according to the official statement. Repayment has added more weight to Tether According to Stuart Hoegner, T

Breaking News: Crypto Experts Predict Revolutionary Rise for Virtual Currency 4CHAN – Price Projection Revealed!

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Join Our Telegram channel to stay up to date on breaking news coverage The 4CHAN Meme Token: Empowering the Community in the Ethereum Ecosystem The 4CHAN meme token is a part of the Ethereum (ETH) ecosystem. Because it’s community-driven, it’s controlled and governed by its members rather than a centralized authority. Many cryptocurrency users like the autonomy and control this gives them. As well as faster transaction speeds, it has lower fees. The 4CHAN meme token is one of the most popular cryptocurrencies right now. $4CHAN is a continuation of 4chan’s /b/ board, an online platform known for its edgy, anonymous users. Meme fans and those looking for something different will love its rebellious and creative spirit. In addition to being burned for 100% of its liquidity, 4CHAN is potentially valuable since it’s scarce. Further emphasizing its decentralized nature, the token’s contract has been renounced, so no one controls it. 4CHAN was launched by whales, early adopters, a

Shiba Inu: 2 Investors Turn Millionaires in 8 Months After Buying SHIB

Cryptocurrencies possess the capacity to generate substantial wealth for individuals who make wise investments. The emergence of the Shiba Inu [SHIB] ecosystem resulted in the creation of numerous millionaires shortly after its introduction. Those who enthusiastically embraced the initial hype surrounding this meme coin found themselves among the ranks of millionaires. As of August 2021, two blue-collar workers managed to capitalize on the opportunity and amass substantial wealth by investing in Shiba Inu in 2020. The success stories of a warehouse manager and a truck driver served as an inspiration and brought hope to many other working-class individuals. Warehouse manager’s $8K investment booms to a million in six months After investing $8,000 in Shiba Inu, a warehouse worker made a daring move that led to early retirement at the age of 35. The risky investment paid off handsomely, turning the individual into a millionaire in six months. The skyrocketing price of the meme coin, which

CyberKongz Launches On-Chain 2FA to Secure NFTs in Web3

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Join Our Telegram channel to stay up to date on breaking news coverage CyberKongz has unveiled its development of the ERC721X standard which is aimed at providing more security for Non-Fungible Tokens(NFTs) on Web3. The standard, which is an extension and improvement of ERC721, offers multiple layers of security and increases the convenience of using a hot wallet. Revolutionizing NFT Security The web3 space has been a playground for scammers and hackers who have made it more difficult to secure assets such as NFTs. More recently, scamming techniques have advanced and sometimes it only takes a single click to lose all the assets in your wallet. In a bid to help secure NFTs, CyberKongz, through its lead developer -OwlofMoistness, redesigned the ERC721X standard by adding more layers of security. Essentially, the ERC721X was created from the ERC721 to solve some of its shortcomings. Introducing ERC721x: A safer implementation of the ERC721 standard ️ This technology gives you

XRP, DOGE Added In Crypto Index Launched By Hong Kong Rating Agency

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Also Read: XRP Bulls Coming In Signals On-Chain Data advertisement (THIS IS A DEVELOPING STORY) Mooky Coin Presale $MOOKY is a meme token which helps planting trees by donating to charity. Visit Here AD Source: https://thebittimes.com/xrp-doge-added-in-crypto-index-launched-by-hong-kong-rating-agency-tbt52991.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category: Ethereum News Post by: TheBitTimes.com

ApeCoin Price Prediction for Today, June 26: APE/USD Trades Near $3.0 Resistance

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Join Our Telegram channel to stay up to date on breaking news coverage The ApeCoin price prediction shows that APE may head toward the upper boundary of the channel, if the price rises further, it could create additional gains. ApeCoin Prediction Statistics Data: ApeCoin price now – $2.33 ApeCoin market cap – $864 million ApeCoin circulating supply – 368.5 million ApeCoin total supply – 1 billion ApeCoin Coinmarketcap ranking – #47 APE/USD Market Key Levels: Resistance levels: $3.2, $3.4, $3.6 Support levels: $1.5, $1.3, $1.1 APEUSD – Daily Chart APE/USD is currently trading around the $2.33 level above the 9-day and 21-day moving averages. In the range of the descending channel, the closest resistance could be located at $3.0, with a close resistance at $2.70. Meanwhile, if the market increases, additional resistance can be found above the upper boundary of the channel. ApeCoin Price Prediction: ApeCoin (APE) May Go Bullish As revealed by the daily chart, it is

This platform’s EFT standard makes trading downloadable encrypted content accessible

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Could every e-commerce store become an NFT store, as predicted by the former chief marketing officer of ConsenSys? This project thinks so. In 2021, Forbes hinted at NFTs being the future of e-commerce, a reality that is becoming increasingly apparent today. Amanda Cassat, ex-chief marketing officer of ConsenSys, went even further, predicting: “I think every single e-commerce store is going to turn into an NFT store.” This view is supported by the increasing integration of NFTs by major brands like Louis Vuitton and celebrities such as Snoop Dogg. However, the driving force behind NFT adoption isn’t just high-profile endorsements but also meeting the evolving needs of customers actively participating in the NFT space. Furthermore, with businesses like NVIDIA and Unity, and metaverse-based projects like Roblox, Decentraland and Sandbox heavily investing in the Metaverse — a key use case for NFTs — it’s clear that the e-commerce sector is on the verge of a significant shift, regardless o

Binance boosts Bitcoin Lightning Network with promised integration

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Cryptocurrency exchange Binance is working to integrate the Bitcoin Lightning Network to make deposits and withdrawals easier and faster. The exchange said that keen observers had recently noticed the presence of new lightning nodes. “Yes — that’s us! However, there’s still more tech work to be done. We’ll update once Lightning is fully integrated,” Binance said in a tweet on Tuesday, without elaborating further on a potential timeline for completion. Loading Tweet.. A Binance spokesperson didn’t comment beyond the tweet. The Lightning Network is a layer-2 scalability solution built on the Bitcoin blockchain. It enables users to send and receive bitcoin (BTC) rapidly and with minimal fees. Binance dropped a hint about integrating the lightning network on May 8 when it paused BTC withdrawals twice within a week, each time for some two hours, due to a flood of pending transactions. “The Bitcoin network has struggled with processing a large number of transactions, currently mana

Tudor Jones on Bitcoin: ‘I’ve Never Sat on a Horse That Long’

Longtime trader and billionaire hedge fund manager Paul Tudor Jones told CNBC’s “Squawk Box” that he’s sticking with bitcoin despite the regulatory pressures in the United States.  “From the beginning, I ’ve always said that I want to have a small allocation [of bitcoin],” Jones said. “It’s the only thing that humans can’t adjust the supply [of].” “I’m sticking with it. I’m always going to stick with it,” he added. Bitcoin (BTC) came up as a hedge against inflation in Jones’ conversation with Aaron Ross Sorkin. The two were previously discussing how quantitative easing and flat interest rates lasted all the way through 2021. Jones said this policy contributed somewhat to the banking failures in 2023. “Anyone that was listening to our Fed at that point in time was probably doing exactly what these banks did — extending maturities — because they were being told that inflation didn’t exist, and when it finally did come, it was transitory and rates were going to be low forever.” Of

Quant Falls At $120 After Two Refusals

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Jun 24, 2023 at 09:24 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, the price of Quant (QNT) is falling below the moving average lines after being rejected twice at the $120 high. Quant price long term forecast: bearish Quant is currently trading for $105.22 at the time of writing. As the altcoin struggles to maintain its position below the moving average lines, further upside appears doubtful. The cryptocurrency is likely to continue moving lower, according to the price indicator. After the February 13 price decline, QNT experi