Month: September 2024

Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted the potential of XRP to transform financial infrastructure. Grayscale Launches XRP Trust for […] Source CryptoX Portal

Donald Trump Announces World Liberty Financial Launch — ‘We’re Embracing the Future With Crypto’

Former U.S. President Donald Trump has announced the launch of his family’s cryptocurrency platform, World Liberty Financial, positioning it as an alternative to traditional banks. He encouraged users to join a live event on X next Monday. “We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said. Donald […] Source CryptoX Portal

Celestia Plans For 1 GB Blocks For Scaling: Why Are TIA Holders Worried?

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Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability. Celestia Plans For 1 GB Blocks For Scaling In a recent announcement, the platform’s core developers said it was preparing for the next phase, which will see the blockchain introduce 1 GB blocks. The decision to unleash 1 GB blocks will be a major move to scale on-chain…

Sky, Formerly MakerDAO, Will Vote on Fully Ditching Wrapped Bitcoin (WBTC) Over Justin Sun Concerns

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Zano and Confidential Layer Partner for Secure, Private Cross-Chain Transactions

Zano blockchain partnered with Confidential Layer to enable secure and private transactions across different blockchains. This allows users to keep their original assets (like ether or bitcoin) while adding Zano’s strong privacy features. Both the Zano and Confidential Layer teams see this as a significant step towards a digital economy where users have control over […] Source CryptoX Portal

Trump Win Could Boost BTC To $125,000, Standard Chartered

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Este artículo también está disponible en español. Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000 mark. However, he also indicates that Bitcoin is poised to reach new all-time highs regardless of the election outcome, with an anticipated value of $75,000 if Vice President…

XRP Price To Reach $40? Crypto Analyst Says You Should Get In Right Now

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Este artículo también está disponible en español. A crypto analyst is mega bullish on the future outlook of the XRP price, predicting a massive price surge to $40 for cryptocurrency. Despite XRP’s stagnant price growth over the years, this crypto analyst remains confident in the cryptocurrency’s short-term and long-term prospects. XRP Surge Incoming, Don’t Panic Sell XRP, the native token of the XRP Ledger (XRPL) is currently showing incredibly bullish signals according to ‘Steph Is Crypto,’ a market expert on X (formerly Twitter). Sharing a video discussing his analysis of the…

US and Africa Urged to Collaborate on AI Development

A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development […] Source CryptoX Portal

Tennesse Republican pitches joint SEC-CFTC crypto oversight

A new crypto bill on Capitol Hill seeks to share oversight powers between the SEC and CFTC, two regulatory juggernauts. Introduced by U.S. Representative John Rose of Tennessee, the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets would establish a Joint Advisory Committee focused on cryptocurrencies. This collaborative effort would enlist knowledge and expertise from both the Securities and Exchange Commission and the Commodity Futures Trading Commission. According to Rep. Rose, the current “heavy-handed” regulation-by-enforcement style has proved ineffective. Rather than tussle for oversight, the SEC and CFTC should cooperate…