A rumor claiming a potential settlement between Ripple and the US Securities and Exchange Commission (SEC) scheduled for a closed meeting on July 18 has been debunked by former SEC regional director and pro-XRP lawyer, Marc Fagel. According to Fagel, the likelihood of a settlement being discussed in this particular meeting is highly improbable, despite the community’s hopeful speculations. Ripple-SEC Settlement Is Highly Unlikely The rumor was initially fueled by Brett Hill, an ambassador for the cryptocurrency exchange Bitrue, who suggested via the social media platform X that the SEC’s…
Day: July 17, 2024
Bitcoin’s ‘OP_CAT’ Possibilities Teased in StarkWare Test Project
Working on a Bitcoin’s testing environment known as Signet, and using OP_CAT, StarkWare says it demonstrated how zero-knowledge proofs – an increasingly popular type of cryptography that’s used to compress data or prove the validity of statements without offering information that may compromise privacy – could be carried out on the oldest and original blockchain. Original
What to expect from Bitcoin 2024
The man who could be re-elected as president in November will be on stage at Bitcoin 2024, in a landmark moment for the world’s biggest cryptocurrency. The Bitcoin 2024 conference is just around the corner, with thousands of devotees set to descend on Nashville to talk all things crypto. There’s several things that look set to be different this year. For one, the event’s taking a break from Miami for a while, where the industry’s best and brightest had gathered in a cavernous convention center. Sentiment surrounding BTC will also…
Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific
The license permits the holder to provide trust and corporate services in the region. Source
'It's a Bitcoin Play': Mark Cuban Says Silicon Valley's Embrace of Trump Revolves Around Crypto
'It's a Bitcoin Play': Mark Cuban Says Silicon Valley's Embrace of Trump Revolves Around Crypto Source
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest Drives Massive Growth in Crypto’s Over-the-Counter Industry The Finery Markets team analyzed data from two […] Source CryptoX Portal
How Blockchain Enhances Cost Efficiency, Composability, and Accessibility
Traditionally in the domain of institutional investors, structured products combine various assets and derivatives to create tailored risk-return profiles. With the advent of blockchain, the potential for this market segment is enormous, promising significant cost reductions, enhanced composability, and improved accessibility. Currently, the global structured notes market is estimated to be worth more than $2 trillion, and blockchain stands to help widen the breadth of the market from origination to investor base. Source
Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report
As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket is striking while the iron is hot by hiring popular statistician and writer Nate Silver as an adviser. Source
Crypto and Blockchain Friendly Roberta Metsola Gets Re-elected as EU Parliament President
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Bitcoin Summer 2024: What to Expect
BTC is currently flat, caught in a plateau between narratives. What factors could wake the bull again? Alexander Blume, CEO of Two Prime, looks ahead. Source