Tag: Digital

Beyond Bitcoin’s Surge, the Untapped Potential and Use Cases of Digital Assets

Instead of asking themselves, “Did I miss my chance?” potential digital asset investors should ask, “Do I believe in the transformative nature of blockchain technology?” Investing in digital assets should represent a belief in the far-reaching value proposition of blockchain technology, ranging from the variety of industries that comprise the macroeconomy to the transactions that encompass everyday markets and human experience. A thoughtful multi-asset approach to portfolio construction and ongoing management is crucial to ensuring crypto investors capture the full value proposition of blockchain innovation. Source

Everything You Need to Know When Using a Digital Currency Exchange – Blockchain News, Opinion, TV and Jobs

The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and busting in quick succession. Of course, you very likely already know this. And this is a testament to how much cryptocurrencies have permeated society and changed how we perceive and manage financial assets. Much of this has been made possible by digital currency exchanges that provide platforms for billions of people worldwide to trade and invest in cryptocurrencies—at transaction speeds that even the…

Ethereum’s Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says

The rapidly rising validator count on the Ethereum blockchain following the Shapella upgrade in April last year is causing concerns about technical capacity and centralization, Fidelity Digital Assets wrote in a research report on Thursday. Fidelity noted that “with the lowered risk from increased liquidity, the active validator count has risen by 74%,” and said “future roadmap upgrades will become more difficult” with this larger set. The Shapella upgrade enabled withdrawals, for the first time, for validators who staked their ether (ETH) to secure and validate transactions on the blockchain.…

Russia Discusses Testing Digital Ruble for Budget Payments

The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure the targeted use of these funds. Russian Digital Ruble […] Source CryptoX Portal

Galaxy Digital (GLXY) Reports Full-Year Profit of $296M Following $1B Loss in 2022

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…

BlackRock Seeing Only ‘A Little Bit’ Demand for Ethereum (ETH) from Clients, Says Head of Digital Assets

BlackRock ushered in a bullish optimism within the digital assets market in January when it got approval to offer the Bitcoin Bitcoin Fund (IBIT) to investors, which in less than two months of trading, became one of the top five ETFs overall in the market. The fund has attracted $15 billion in assets, significantly more than any of the other nine funds. Source CryptoX Portal