Several crypto analysts and influencers in the XRP community have continued to make their predictions as to the future of the XRP price. This time, another has predicted the token to rise to $100 and given tips on how one could make money from this occurrence. How To Make $1 Million From XRP In a post shared on the X (formerly Twitter) platform, Crypto Analyst and XRP influencer Crypto Assets Guy stated that XRP had the potential to reach $100 in 3-5 years. As to the best way XRP holders could…
Day: October 18, 2023
The Urgent Need for Crypto Regulation and Compromise
Yes, the desire to build bridges. While what’s on each side of the bridge may vary, the concept of unifying remains. Addressing policy and regulatory framework, tensions between TradFi and DeFi, streamlining vernacular and data, and building trust through unbiased and fair viewpoints were common themes, with one solution: bridges. And the path forward the early adopters acknowledged as the solution to these percolating problems? Collective thinking, coming together as a community and finding compromise. Source
Investment as a Service: Table Stakes for the Next Crypto Cycle
Colton Dillion and Sonya Mann of Hedgehog Technologies explain why exchanges and other major players in crypto need to expand their horizons. Source
Unraveling the full consequences of the fake Bitcoin ETF approval: analyst
Bitcoin’s (BTC) price recently surged following fake news about a BTC ETF approval, according to one analyst this is an event with unexpectedly far-reaching consequences. In his video on Oct. 18th, popular crypto YouTuber Crypto Banter provided an in-depth analysis of how this fake news impacted the crypto market and what lessons can be learned. The fake tweet, which was posted and quickly deleted by crypto publication Cointelegraph, led to a spike in Bitcoin buying and liquidated many short positions. While the publication blamed the tweet on an intern posting…
U.S. Sen. Elizabeth Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
Warren has been advocating for her legislation meant to target money laundering and sanctions abuses in crypto, which is co-sponsored by Marshall. The bill, which crypto lobbyists have argued would pose significant threats to the industry in the U.S., hasn’t yet found any traction at the committee level so remains a long shot for this year. Source
It’s Time for a Purpose-Built Disclosure Framework for Crypto
The disclosure will have to include an explanation about the smart contract or rights conferred by the crypto token (e.g., voting, dividend, or other economic rights), information relating to the revenue generated by token and operational costs (gas fees, payments to miners, etc.), and other aspects of the underlying tokenomics in plain easy to understand language. Source CryptoDisclosureFrameworkPurposeBuiltTime CryptoX Portal
'Oh, Yes': Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money
Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried’s tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange’s demise. Source
SBF Trial: A Witness Contrasts Sam Bankman-Fried’s House Testimony With FTX’s Dangerous Secrets
Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried’s tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange’s demise. Source BankmanFried039sBitcoinContrastscryptoexchangeDangerousExchangesFTX039sHouseSamSBFSecretsTestimonyTrialWitness CryptoX Portal
This Rare Bullish Bitcoin Crossover Could Soon Form, Quant Predicts When
A rare bullish crossover between two on-chain metrics could soon be forming for Bitcoin. Here’s when this analyst believes the cross would happen. Bitcoin Realized Prices Of Two UTXO Age Bands Are Moving Towards A Cross As explained by an analyst in a CryptoQuant Quicktake post, a bullish crossover is expected to happen soon for BTC. The indicator of interest here is the “realized price,” which basically keeps track of the price at which the average investor in the Bitcoin market acquired their coins. The indicator calculates this value by…
Stellar Blockchain to Add Ethereum-Style Smart Contracts – in Possible Boost for XLM Token
Among those was the decision to use Rust as the primary programming language, along with WebAssembly, also known as WASM, as the instruction format. That’s instead of Solidity, the language used to run the Ethereum Virtual Machine, which is the foundation for running smart contracts on the Ethereum, Avalanche, Celo and Fantom blockchains, and many other networks. Source