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Cryptocurrency News
TheCryptoBasic
3w
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Shiba Inu Team Teases Major DeFi Expansion with Shib Finance
- Shiba Inu team announces launch of Shib Finance, a next-generation DeFi platform.
- Shib Finance aims to introduce lending, borrowing, and savings, expanding Shiba Inu's utility.
- Reputation-Based Lending will allow users with proven trustworthiness to borrow without excessive collateral.
- Shib Finance will offer advanced DeFi tools including savings vaults, synthetic assets, and privacy-focused identity verification.
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Scand
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All You Need to Know About Crypto Wallets
- Cryptocurrencies have gained popularity worldwide, leading countries to develop legal frameworks for trading, with varying regulatory approaches.
- Crypto wallets are essential for storing digital assets, managing balances, and facilitating transactions by storing cryptographic keys and user data.
- Crypto wallets simplify blockchain data by displaying information related to user addresses and require securely storing private keys.
- There are various types of crypto wallets, including paper wallets, mobile wallets, and hardware wallets, each offering different levels of security and accessibility.
- Multi-currency wallets streamline the management of different cryptocurrencies, eliminating the need for multiple wallets.
- Decentralized finance (DeFi) wallets enable direct interaction with DeFi platforms, offering features like staking, lending, and trading on decentralized exchanges.
- NFT wallets cater to managing non-fungible tokens and support tokenization standards for different blockchains.
- Cryptocurrency regulation is crucial for investor protection, preventing money laundering, and ensuring the stability of the global economy.
- Cyber threats like phishing and malware pose risks to crypto wallets, emphasizing the importance of user vigilance and security measures like encryption and multi-signature verification.
- Wallet security methods such as two-factor authentication and backup procedures are essential for safeguarding digital assets stored in crypto wallets.
- When developing a crypto wallet app, considerations include support for multiple cryptocurrencies, secure key storage, legal compliance, and integration with hardware modules.
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Financemagnates
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U.S. Bitcoin Strategic Reserve: What Is It and How Does It Work?
- The idea of a U.S. Bitcoin strategic reserve was introduced by President-elect Trump, bringing optimism to the cryptocurrency community.
- Binance CEO Richard Teng highlighted the potential positive impact of U.S. regulations and a crypto reserve on global markets.
- The establishment of a national strategic Bitcoin reserve is unexplored territory for the U.S., with potential wide-ranging implications.
- Analogous to the Strategic Petroleum Reserve, a Bitcoin reserve would stockpile digital assets as a proactive measure against scarcity.
- The concept draws parallels to El Salvador's existing Bitcoin reserve, which led to a significant increase in value post-implementation.
- While El Salvador integrates Bitcoin as an official currency alongside the U.S. dollar, it is unlikely to replace the dollar entirely.
- The logistics of establishing a U.S. Bitcoin reserve, including funding sources and government approvals, remain uncertain and debatable among experts.
- Speculations include sourcing Bitcoins from seized criminal assets and the U.S. Treasury purchasing substantial amounts annually for reserve accumulation.
- Uncertainties persist regarding how the government would manage Bitcoin's price volatility and navigate legislative challenges associated with cryptocurrency.
- The potential implementation of a U.S. Bitcoin strategic reserve in 2025 holds significance in shaping America's financial landscape for the foreseeable future.
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TheCryptoBasic
3w
181
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XRP Should Be Above $100 Under Normal Circumstances: Crypto Founder
- XRP founder believes XRP should be trading above $100 under normal market conditions.
- XRP is currently priced at $2.44, significantly lower than its all-time high.
- The founder attributes the underperformance of XRP to external factors, including the Ripple lawsuit.
- Once XRP decouples from Bitcoin's movement, there is potential for a significant rally according to the founder.
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TheCryptoBasic
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CME Group Partners with Google Cloud to Explore On-chain Tokenization
- Derivatives marketplace CME Group partners with Google Cloud to explore on-chain tokenization and wholesale payments solutions.
- The partnership will leverage Google Cloud's distributed ledger technology, GCUL, to enable secure financial transactions.
- The collaboration aims to improve processes related to collateral, margin, settlement, and fee payments in the financial sector.
- CME Group and Google Cloud plan to commence direct testing with market participants later this year and introduce new services by 2026.
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Cryptopotato
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Cardano Whales Fill Their Bags: ADA Bull Run Incoming?
- Whales bought $180 million worth of ADA in the past week, setting the stage for a potential price rally.
- Various analysts project ADA targets ranging from $1 to $1.50 if current support holds.
- ADA's recent price increase and whale accumulation signal a possible breakout.
- However, rising RSI suggests caution as ADA approaches overbought territory.
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TronWeekly
3w
216
Image Credit: TronWeekly
Avalanche (AVAX) Boosts 18.63% as Crypto Market Ignites, Coldware (COLD) Rated Biggest Presale 2025
- Avalanche (AVAX) has seen an 18.63% price surge, leading the crypto market.
- Coldware (COLD) is considered the biggest presale of 2025, attracting attention for its focus on blockchain interoperability and IoT solutions.
- Coldware (COLD) is gaining attention for addressing the interoperability problem in the blockchain space and has attracted interest from investors and developers.
- Avalanche (AVAX) has surged in the market, solidifying its position as a market leader with its scalable blockchain solutions.
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TronWeekly
3w
425
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Fidelity Exec Links Bitcoin Weakness to Gold’s Early Market Moves
- Bitcoin is down 15 to 20% while gold trades near record highs.
- Fidelity attributes Bitcoin's weakness to its retail-driven market.
- Gold reacts first to macroeconomic indicators due to institutional involvement.
- Bitcoin's price changes follow those of gold as market maturity and investor behavior influence the assets.
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Blockonomi
3w
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XRP Price Eyes $5, While XRPTurbo’s Presale Nears Completion—Could $XRT Lead The $XRP Defi Rally?
- XRP investors expect a rally after Ripple's victory over the SEC.
- XRP remains stable around $2.4, with a potential $5 target.
- The XRPTurbo presale is close to completion and attracting significant interest.
- XRPTurbo aims to enhance XRP's DeFi ecosystem and offers various tailored DeFi products.
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Crypto-News-Flash
3w
221
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Ethereum vs. Solana: Arthur Hayes Expects ETH to $5K Before SOL Hits $300
- Arthur Hayes predicts Ethereum (ETH) to reach $5000 and Solana (SOL) to hit $300 in the short term.
- SOL is expected to surge by 2,900% and reach $3,800 after forming a cup-and-handle pattern.
- ETH is currently holding above $2,000 after a 0.6% decline in the last 24 hours.
- Solana has surpassed 11.09 million active accounts, driving short-term price expectations to $200.
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99Bitcoins
3w
221
All You Need to Know About Fidelity’s New ‘OnChain’ Share Class
- Fidelity plans to launch its “OnChain” share class on Ethereum by May 30, tokenizing its $80 million Treasury Digital Fund for better tracking.
- The “OnChain” class tracks transactions on the blockchain, offering investors clarity. Traditional records remain official and reconciled daily.
- With a $4.78 billion RWA market, Fidelity joins BlackRock and others, potentially intensifying competition in tokenized Treasury products.
- Fidelity’s $5.8 trillion empire hints at expanding “OnChain” to other blockchains, building on its $17 billion crypto funds.
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99Bitcoins
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252
Circle’s USDC Gains Regulatory Approval In Japan, Partners With SBI Holdings For Adoption
- Circle, the issuer of USDC stablecoins, has gained regulatory approval in Japan and has partnered with SBI Holdings to enable the adoption of USDC in the country.
- SBI VC Trade, a subsidiary of SBI Holdings, has secured certification from Japan's Financial Services Agency to list USDC under the country's stablecoin regulatory framework.
- Circle plans to launch USDC on 26 March 2025 in Japan, with support from exchanges such as Binance Japan, bitbank, and bitFlyer.
- USDC has experienced significant growth, outpacing other stablecoins with a 78% year-on-year growth. Its all-time transaction volume has surpassed $20 trillion and it is now available to over 500 million users in 180 countries.
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Bitcoinsensus
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4
Image Credit: Bitcoinsensus
US Senate Advances Stablecoin Bill & What This Means for Crypto: The Toobit Take
- The US Senate Banking Committee's advancement of the GENIUS Act for stablecoin regulation signals a significant step towards integrating digital assets into the financial system.
- This bipartisan effort aims to establish a comprehensive framework for stablecoins, paving the way for their mainstream adoption and legitimization.
- The bill addresses regulatory uncertainty in the crypto industry, potentially encouraging more companies to operate within the U.S. rather than moving overseas.
- Proponents believe the legislation strikes a balance between innovation and consumer protection, providing clear guidelines for stablecoin issuers.
- Critics express concerns over a potential Big Tech takeover of the stablecoin market and inadequate consumer protection under the bill.
- Stablecoins offer faster and more inclusive payment options, revolutionizing transactions and financial access for the unbanked and underbanked.
- The industry has shown mixed reactions to the proposed legislation, with some viewing it as a positive step towards mainstream adoption and others fearing stifled innovation.
- The advancement of the GENIUS Act underscores the evolving landscape of cryptocurrency regulation, with implications for the future of digital assets in the U.S.
- A clear legal framework for stablecoins could attract more investors and users, solidifying their role in modern finance.
- Toobit Exchange, a prominent platform for crypto trading, provides tools to enhance trading experiences and stay updated on the latest crypto news and developments.
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Cryptoninjas
3w
230
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BlackRock Introduces Bitcoin ETP in Europe amid Rising Demand for Cryptocurrencies
- BlackRock, the world's largest asset manager, has introduced its iShares Bitcoin ETP (IB1T) in Europe, supported by Bitcoin held in cold storage.
- The ETP has a total expense ratio (TER) of 0.15% and will be listed on Deutsche Börse, Euronext Paris, and Euronext Amsterdam. The fee is set to rise to 0.25% by the end of the year.
- This move follows the success of BlackRock's US Bitcoin ETF, which has $50.7 billion in assets under management (AUM).
- BlackRock's entrance into Europe's crypto ETP market reflects the growing demand for Bitcoin ETPs and the need to bridge the gap between cryptocurrencies and traditional finance.
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Crypto-News-Flash
3w
221
Image Credit: Crypto-News-Flash
George Harrap’s Journey From BitSpark To Step Finance On Solana
- George Harrap founded Step Finance to simplify Solana’s complex DeFi landscape for everyday users.
- He focuses on building tools that empower people to truly understand their crypto activity.
- Before Step Finance, George was the founder of BitSpark, a blockchain-based remittance platform bridging the gap between cash and digital assets.
- George's goal is to make blockchain and DeFi understandable and accessible to ordinary people.
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