Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,188,749,060,305.98
  • 24h Vol: $105,142,238,481.48
  • BTC Dominance: 55.87%

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Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025

Leave a Comment / Bitcoin, CBDC, crypto exchanges, Crypto Hacked, Cryptocurrency, Digital Asset, Ethereum, Featured, Stablecoin, stablecoin depeg, wallet providers, Wyoming Stable token / / / , , , , , , ,

Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent” stablecoin to stabilize the market and bring debt onshore. A Faster and Cheaper Way […]

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Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher

Leave a Comment / binance coin, Bitcoin, Cardano, Crypto, Crypto Hacked, crypto market, Cryptocurrency, Ethereum, Featured, Market Caps, Solana, Tether, Toncoin, tron / / / , , , , , , , , , , , ,

In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T

Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher Read More »

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Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe

Leave a Comment / AI Adoption, AI regulation, Artificial intelligence (AI), Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, Featured, Innovation, open source AI / / / , , , , ,

Mark Zuckerberg and Daniel Ek advocate for open-source AI in Europe. The two tech leaders believe that open-source AI can drive innovation and give Europe a competitive edge. However, they warn that fragmented regulations and uneven enforcement are hindering progress. They urge Europe to streamline regulations and focus on retaining talent to fully capitalize on

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DMM Group and Progmat Collaborate to Create a Regulated Stablecoin

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Digital Asset, DMM Crypto, Ethereum, Featured, Seamoon Protocol, Web3 / / / , , , , ,

Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects to utilize the stablecoin to enhance user experiences and

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India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report

Leave a Comment / Binance, Bitcoin, Blockchain, consultation, Crypto, Crypto Hacked, Cryptocurrency, Department of Economic Affairs, Digital Currencies, Ethereum, Featured, G20, India, Nirmala Sitharaman, paper, RBI, Regulations, Reserve Bank of India, Web3 / / / , , , , , , , , , , , , , , ,

The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October 2024, will seek input from stakeholders to gather feedback on effective regulation. India is emphasizing the importance of international

India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report Read More »

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Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking

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After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4 billion, it turns out the firm’s bitcoin (BTC) holdings have gained 61% profit. Interestingly, while blockchaincenter.net’s ‘There Is No Second Best’ index once hinted that investing in ethereum might have been a wiser choice for Microstrategy, the gap

Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking Read More »

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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

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International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating

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Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

Leave a Comment / Bitcoin, Blockchain, Crypto, Crypto Hacked, Cryptocurrency, DeFi, Digital Assets, Ethereum, Featured, Fintech, Ripple, Ripple Labs, SBI Asia, SBI Digital, SBI Holdings, tokenization, Web3, XRP, XRP Ledger / / / , , , , , , , , , , , , , , ,

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community

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UAE and UK Accounting Bodies Partner to Shape Digital Finance Future

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The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks Federation to help businesses understand and adapt to the digital asset landscape. The partnership aims to support the UAE’s position as a global leader in digital finance. However, challenges such as the lack of standardized accounting

UAE and UK Accounting Bodies Partner to Shape Digital Finance Future Read More »

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Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case

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Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that

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