“Tether has long believed in nurturing emerging technologies that have transformative capabilities, and the Brain-Computer-Interfaces of Blackrock Neurotech have the potential to open new realms of communication, rehabilitation, and cognitive enhancement,” Paolo Ardoino, CEO of Tether, said in a statement. Source
Day: April 29, 2024
Forget Meme Coins And NFTs, RWA And DePin Are The Next Big Things – Blockchain News, Opinion, TV and Jobs
Meme coins and NFTs have outlived their relevance, and it is now time for crypto investors to focus on DePin and RWA projects like ETFSwap (ETFS). Over the last three years, meme coins and non-fungible tokens (NFTs) have been among the leading narratives in the crypto space. Thanks to the hype around these meme coins and NFTs, crypto investors have made insane returns on their investments, However, there is a change in the tide that the time has come to pivot from these meme coins and NFT projects and focus…
Solana, Arbitrum, and Milei Moneda show maximum bull run gains
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market experts forecast significant gains for Solana ($435.99), Arbitrum ($5.38), and Milei Moneda as lucrative investments for 2024’s bull market. Solana (SOL) rebounds as the meme coin market receives a boost. Meanwhile, Arbitrum (ARB) attempts to reverse its losses after losing 38% of its value over the past year. On the other hand, experts tip Milei Moneda (MEDA) to be a leading meme coin in the upcoming bull run. …
Crypto Banking Firm BCB Group To Expand in Europe After French Regulatory Approval
“This is a game changer for BCB Group, allowing us to expand our footprint into the EEA for the first time since Brexit,” Oliver Tonkin, CEO of BCB Group, said in the release. “We have been very impressed with our engagement with the French regulators, and we look forward to integrating ourselves into the burgeoning blockchain ecosystem in France,” he added. Source
CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao as a devoted father and friend, and a “geeky” tech nerd who shuns luxury purchases despite his immense personal wealth. Source
Legendary Trader Predicts When Bitcoin’s Bull Run Will End
In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make a case that Bitcoin has topped? It’s called Exponential Decay — and it describes Bitcoin,” Brandt wrote. He further explained, “The fact is that the bull market cycles in Bitcoin have lost a tremendous amount…
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […] Original
Bitcoin (BTC) Trades At Slight Premium in Yen (JPY) Terms Amid Suspected BOJ Intervention
“Currently, the bitcoin premium on Japanese markets is hovering around 0.3%-0.4%, having declined from over 1% in mid-April and a yearly high of 1.7% reached in mid-March. However, this could change. Overall, FX volatility is rising due to increasingly divergent monetary policy expectations and geopolitical stress, and this could impact crypto,” Dessislava Aubert, an analyst at Paris-based Kaiko, told CoinDesk. Original
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed for Chairman Wang Chen-huan. Token Prices Plummet Taiwanese prosecutors recently indicted at least […] Source
Crypto policies won’t be affected by South African elections, insiders say
According to industry insiders, the upcoming South African elections on May 29 will not affect the nation’s cryptocurrency agenda. According to Mpumelelo Ndamane, CEO of South Africa-based crypto wallet provider Nuud Money, the elections will steer clear of cryptocurrencies. “We’ve been pretty stable over the past 30 years when it comes to ensuring the [South African Reserve Bank] and FSCA are independent of politics. It won’t affect the crypto policy.” Meanwhile, according to John McCarthy, general counsel for global regulatory affairs at Fireblocks, most of the development around the digital asset sector…