Cui Sheffield, head of crypto at Visa, said in a fireside chat at the Solana Breakpoint event in Singapore that stablecoins backed by fiat currencies other than the dollar will see growth in the coming years. “The dollar is great for moving across borders, but then you need to be able to exchange it quickly and efficiently,” Sheffield said. “And that’s where other local currency stablecoins can play a big role.”The Visa executive added that in the future, all major fiat currencies will be represented on-chain, but said that US dollar stablecoins currently account for 99% of the total stablecoin…
Author: Crypto Flexs
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Pepe has a bullish market structure on a daily basis. Price action continues to be limited as trading has been extremely range-bound over the past six weeks. Pepe (PEPE) was one of the best performing large cap meme coins, outperforming Dogecoin (DOGE) and Shiba Inu (SHIB). It gained 16.71% from Monday’s low, while DOGE gained 10% and SHIB gained 13%. If the next bull market comes, it will be the first real bull market for a meme coin, while the other two coins have already experienced price expansion in the previous bull market, which means PEPE has more potential. Pepe…
Felix Pinkston 22 Sep 2024 11:39 Washington State University unveils AI-driven 3D printing to create accurate organ models for surgical practice and optimize surgical outcomes. Researchers at Washington State University (WSU) have introduced a groundbreaking AI-based 3D printing technology that aims to help surgeons create detailed replicas of human organs for preoperative practice. According to the NVIDIA Technology Blog, the innovation promises to improve surgical outcomes by giving doctors a more precise preparation tool. AI algorithms enhance 3D printing AI algorithms trained on images and properties of human kidneys and prostates, including weight, size,…
Get the latest information on ORDI BRC-20 price trends. Bitcoin price rises as FOMC cuts rates by 50bp. In this article, we continue to track the BRC-20 coin ORDI price prediction. After receiving good news from the FOMC, as I mentioned in my first article about ORDI, ORDI is a coin that is heavily influenced by the movement of the Bitcoin price. Before reading further, review last week’s analysis! We had a good week in the crypto market overall, with many altcoins seeing significant price increases! And there are those who like our coins. Let’s take a look at how…
Bitcoin (BTC) is expected to see an “explosive run” by the end of 2024 as recent BTC price action sets a target of $85,000.In a post on X on September 21, cryptocurrency trader, investor, and analyst Titan of Crypto predicted a “mid-point” 35% rally for BTC/USD.Trader: Bitcoin Breakout Expected ‘By Year End’Bitcoin has been on a steady rebound since dropping below $10,000 from its September support level, holding $62,000 at its weekly close.Now, the bullish BTC price prediction shows that the good times are only going to get better for the bulls. For the Titan of Crypto, the first stop…
A cryptocurrency investor made $131.72 million by investing in Ether during the 2022 bear market and holding it for two years despite uncertain market conditions.Blockchain analytics firm Lookonchain has identified investors’ Ether (ETH) wallet addresses as Diamond Hands, demonstrating long-term losses associated with panic selling. Diamond Hands are individuals who hold onto their investments despite market volatility and price swings.source: Look on ChainAccording to Lookonchain, the investor purchased 96,639 ETH on the Coinbase cryptocurrency exchange between September 3 and 4, 2022. At the time, Ether was trading at around $1,567. Generating Revenue Through Holding Strategy As a result, whale investors…
As an analyst here Cryptonaire WeekI have been watching the recent developments in the cryptocurrency market closely. September has once again presented a challenge, with Bitcoin stuck between significant resistance levels and altcoins following suit. The current state of the market may be disconcerting to many, but a deeper dive reveals some key factors that should be looked at more closely, especially for those who want to navigate this space effectively. One of the most notable recent revelations is this: BlackrockA giant in traditional finance. BlackRock’s recent disclosure of its Bitcoin acquisition tells a deeper story. Bitcoin is not just…
Ethereum is solid at the time of writing, but is still underperforming Bitcoin. ETH is hovering above $2,400 and could hit $3,000 in the coming years, but on the other hand, the rapid rise of the world’s most valuable coin could push the ETH/BTC rate to its lowest level in months. ETH Struggles Against Bitcoin, ETH/BTC Ratio Drops to 40-Month Low As of September 20, ETH is trading at its lowest level against Bitcoin in 40 months, according to IntoTheBlock data. This trend clearly shows that the market is bullish on BTC despite institutional involvement. Interestingly, ETH is still underperforming…
Ted Hisokawa 22 Sep 2024 11:59 Circle’s ‘Unlocking Impact’ pitch competition series returns to the UN Summit, showcasing innovative projects that aim to achieve the UN’s Sustainable Development Goals. Today marks a significant event as Circle launches the fourth in its series of ‘Unlocking Impact’ pitch competitions at the UN Headquarters’ SDG Media Zone. The initiative coincides with the UN Future Summit and aims to highlight innovative solutions that leverage Circle’s technology to address the UN’s Sustainable Development Goals (SDGs), according to circle.com. Expanding global influence Debuting in New York in 2023, the Unlocking…
Since its launch, Bitcoin (BTC)’s market cap has skyrocketed by a whopping 350,000% compared to gold, the traditional safe-haven asset. There are new signals that Bitcoin is headed for another long-term price rally, heralding renewed momentum for precious metals.Bitcoin Could Grow More Than 400% Compared to Gold by 2025The BTC/GLD ratio chart compares the performance of assets and can serve as a measure of BTC adoption relative to gold. For example, a rise in the ratio reflects Bitcoin outpacing gold in terms of market cap performance, and vice versa.According to veteran market analyst Peter Brandt, the Bitcoin-to-Gold ratio could rise…