join us telegram A channel to stay up to date on breaking news coverage 2024 holds great potential for cryptocurrencies, with market conditions poised for a major upswing due to upcoming events. Considering the impending Bitcoin halving event and several other favorable developments, many experts predict that certain cryptocurrencies will potentially skyrocket by more than 50x. The cryptocurrency market continues to attract investor interest, with several projects gaining significant momentum and positive attention recently. The recent performance of these projects has not only brought profits to investors, but also increased participation in related blockchain initiatives, leading to a surge in…
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Policy • February 19, 2024 5:40 AM EST Posted 1 minute ago In ~ Local media reported Monday that the ruling party People Power Party is considering allowing bitcoin spot exchange-traded funds (ETFs) as part of its election pledge for the April general election. In addition to spot Bitcoin ETFs, the right-wing party will consider legislative action to approve other cryptocurrency-related investment products approved in the U.S., the Korean news agency said. News 1 It has been reported. Last month, the Korea Financial Supervisory Service The ban was reiterated Restricts financial institutions from launching any type of cryptocurrency ETF.The ruling…
According to Bloomberg report, Japan is making progress toward allowing venture capital firms and other investment funds to hold cryptocurrency assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit an amended bill to implement these changes, which marks a significant development in Japan’s approach to cryptocurrencies. Prime Minister Kishida supports cryptocurrency integration According to the report, Prime Minister Kishida’s cabinet approved the contents of the bill on February 16, according to a publication on the Ministry of Economy, Trade and Industry website. The bill aims to partially amend Japan’s Industrial Competitiveness Enhancement Act and includes provisions to include…
MultiWallet Coin is a revolutionary new cryptocurrency that offers a wide range of advantages over traditional fiat and other digital currencies. In this guide, we will take a look at the many benefits of MultiWallet Coin and why it is quickly becoming popular with investors and users alike. Advantages of multi-wallet coins 1. Security: MultiWallet Coin uses advanced blockchain technology to ensure the security and integrity of every transaction. This is a very safe and reliable form of currency. 2. Privacy Protection: With MultiWallet Coin, users enjoy complete anonymity and privacy as transactions are not linked to any personal information.…
To that end, Coinbase recently joined Canada’s Web3 Council, a multi-party non-profit organization that seeks to ease Canada’s recent legislative and regulatory plans that are pushing cryptocurrency companies out of the country. For example, in recent months, a number of exchanges, including Binance, Bybit, dYdX, OKX, Paxos, and Bittrex (the last of which declared bankruptcy), have decided to withdraw from Canada in direct response to “recent regulatory developments.” I did. .”
Ethereum price is showing positive signs above the $2,850 support level. ETH is looking for further gains and may surge towards the $3,000 resistance zone. Ethereum is slowly rising above the $2,800 support zone. The price is trading above $2,850 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline forming around support at $2,910. The pair may continue to rise towards the $3,000 resistance zone. Ethereum price remains supported Ethereum price remained at a healthy level and slowly rose above the $2,850 level. ETH broke through the $2,920 resistance…
Unleashing the potential of stablecoinsY Combinator, a leading Silicon Valley incubator, has identified stablecoins as a pivotal sector for innovation. Highlighting its potential as a cost-effective cross-border payment solution, the incubator believes stablecoins could revolutionize traditional finance, similar to the evolution of digital music from file sharing to mainstream platforms like Spotify.In addition to stablecoins, Y Combinator sees tremendous potential in metaverse, augmented reality (AR), and virtual reality (VR) technologies beyond gaming. With advancements like Apple’s Vision Pro and Meta Quest 3, the company expects to pioneer software solutions that solve the problems startups need to improve user experiences and…
Posted 1 minute ago In ~ The UK government is “pushing very hard” to enact new regulations for stablecoins and cryptocurrency staking services within the next six months, UK Treasury Economic Secretary Bim Afolami told Coinbase on Monday, according to Bloomberg. He spoke at an event hosted by .The official said the government would “get these things done as quickly as possible” over the next six months, Bloomberg reported. reported. The UK has not yet set a date for the next general election, but it is legally scheduled to be held in January 2025.Apolami’s comments followed comments from the Treasury…
One cryptocurrency trader who closely follows believes that Ethereum (ETH) and altcoins will steal Bitcoin (BTC)’s thunder. In a new video update, cryptocurrency strategist Michaël van de Poppe told his 162,000 YouTube subscribers that he believes it’s almost time for Ethereum to shine. The analyst cites Ethereum’s Dencun update, which aims to lower fees for layer 2 transactions, and the hype surrounding the possible approval of a spot ETH exchange-traded fund (ETF) as positive catalysts for the leading smart contract platform. “I think the momentum will shift towards Ethereum. It is important to understand upcoming macroeconomic events. Given that inflation…
Dogecoin is showing bullish signs above the $0.0875 area against the US dollar. DOGE may extend its uptrend towards $0.100 resistance in the near term. DOGE is showing positive signs above the $0.0875 area against the US dollar. The price is trading above the $0.0880 level and the 100 simple moving average (4-hours). On the 4-hours chart of the DOGE/USD pair, a breakout occurred above the main contraction triangle with resistance at $0.0842 (data source from Kraken). The price may extend the rally above the $0.090 and $0.092 resistance levels. Dogecoin Price Aims Higher In the last few sessions, Dogecoin…