Cointelegraph
86,490 views
89 Posts
Hot
Latest
XRP Skyrockets š Rippleās RLUSD Stablecoin Gets Regulatory Green Light from NYDFSš
Ripple has scored another monumental victory, āļø sending ripples (pun intended) through the cryptocurrency market. On December 10, Ripple CEO Brad Garlinghouse announced that the companyās US dollar-backed stablecoin, RLUSD, has received final regulatory approval from the prestigious New York Department of Financial Services (NYDFS). This development š is a game-changer, not only for Ripple but also for the broader crypto landscape, as it marks another step toward mainstream adoption and regulatory clarity in the digital asset world.
The regulatory green light for RLUSD comes as a huge švote of confidence in Rippleās mission to revolutionize cross-border payments. Stablecoins like RLUSD are designed to minimize price volatility by pegging their value to traditional currenciesāin this case, the US dollaršµ. By obtaining approval from one of the most stringent regulatory bodies in the United States, Ripple has demonstrated its commitment to compliance and trustworthiness.
šWhy This Matters for XRP and Rippleš
Rippleās focus on regulatory compliance has always set it apart, especially in a crypto market often clouded by uncertainty. RLUSDās approval solidifies Rippleās reputation as a reliable and innovative player in the industry. šŖThis stablecoin is expected to seamlessly integrate with Rippleās existing payment solutions, particularly the XRP Ledger (XRPL), enabling more efficient, low-cost, and transparent cross-border transactions.š
For XRP holders, this is excellent news.š Rippleās continued regulatory wins bolster investor confidence šÆand pave the way for further institutional adoption. Since the announcement, XRP has experienced a rally as market participants see this as a precursor to Rippleās expanded role in the global financial system.šš
šŖA Bright Future for Ripple and RLUSDšŖ
The introduction of RLUSD will likely serve as a key tool for businesses and financial institutions looking to leverage the XRP Ledger for stable, secure, and scalable transactions. šRippleās efforts to bridge traditional finance and blockchain technology are becoming increasingly tangible, and the NYDFS approval signals that regulators are beginning to recognize the value Ripple brings to the table.šÆ
šRipple is strategically positioning itself to play a leading role in the digital payments ecosystem. With RLUSD now cleared for launch, we can expect a surge in adoption for Rippleās solutions, particularly among enterprises and financial institutions seeking regulatory-compliant blockchain alternatives.š
š£ļøThis announcement is more than just a milestone; itās a signal that Ripple is here to stay. For XRP holders, the future looks brighter than ever, with the potential for Rippleās ecosystem to grow and dominate in the years to come. Stay tuned, as this is just the beginning of a new era for Ripple and its trailblazing technology.
#Write2Earn! #xrp #Cointelegraph #CryptoNewss #TradingMadeEasy
The regulatory green light for RLUSD comes as a huge švote of confidence in Rippleās mission to revolutionize cross-border payments. Stablecoins like RLUSD are designed to minimize price volatility by pegging their value to traditional currenciesāin this case, the US dollaršµ. By obtaining approval from one of the most stringent regulatory bodies in the United States, Ripple has demonstrated its commitment to compliance and trustworthiness.
šWhy This Matters for XRP and Rippleš
Rippleās focus on regulatory compliance has always set it apart, especially in a crypto market often clouded by uncertainty. RLUSDās approval solidifies Rippleās reputation as a reliable and innovative player in the industry. šŖThis stablecoin is expected to seamlessly integrate with Rippleās existing payment solutions, particularly the XRP Ledger (XRPL), enabling more efficient, low-cost, and transparent cross-border transactions.š
For XRP holders, this is excellent news.š Rippleās continued regulatory wins bolster investor confidence šÆand pave the way for further institutional adoption. Since the announcement, XRP has experienced a rally as market participants see this as a precursor to Rippleās expanded role in the global financial system.šš
šŖA Bright Future for Ripple and RLUSDšŖ
The introduction of RLUSD will likely serve as a key tool for businesses and financial institutions looking to leverage the XRP Ledger for stable, secure, and scalable transactions. šRippleās efforts to bridge traditional finance and blockchain technology are becoming increasingly tangible, and the NYDFS approval signals that regulators are beginning to recognize the value Ripple brings to the table.šÆ
šRipple is strategically positioning itself to play a leading role in the digital payments ecosystem. With RLUSD now cleared for launch, we can expect a surge in adoption for Rippleās solutions, particularly among enterprises and financial institutions seeking regulatory-compliant blockchain alternatives.š
š£ļøThis announcement is more than just a milestone; itās a signal that Ripple is here to stay. For XRP holders, the future looks brighter than ever, with the potential for Rippleās ecosystem to grow and dominate in the years to come. Stay tuned, as this is just the beginning of a new era for Ripple and its trailblazing technology.
#Write2Earn! #xrp #Cointelegraph #CryptoNewss #TradingMadeEasy
Karnickel:
Better sell now?
The Titans of Crypto: 7 Key Investors Who Shape the Market šŖšÆš
The cryptocurrency šmarket is one of the most volatile financial arenas, and its booms and busts often seem unpredictable. Yet, behind the curtain, a handful of powerful investorsš and institutions wield enormous influence over its trajectory. These are the game changersāāļøthe ones whose decisions, trades, and strategies can send shockwaves through the market.
In this article, we spotlight seven key players in the world of cryptocurrency. From billionaires who have become crypto evangelists to institutional investors commanding billionsšµšµšµ in assets, these titans shape the future of digital currencies. Whether theyāre backing innovative blockchain projects, driving Bitcoinās price with large-scale šÆbuys, or shaking up the market with bold proclamations, these individuals and entities have become synonymous with cryptoās highs and lows.
1. šElon Muskš
As the CEO of Tesla and SpaceX, Musk is no stranger to disruption. His tweets about Bitcoin and Dogecoin have sparked massive market swings. š
For instance, when Tesla announced it would accept Bitcoin as payment, prices soaredāonly to crash when the decision was reversed. Muskās influence, while polarizing, is undeniable.š
2. šMichael Saylor and MicroStrategyš
Michael Saylor, the co-founder of MicroStrategy, has turned his company into a Bitcoin powerhouse, holding billions in BTC. Saylorās consistent advocacy for Bitcoin as a hedge against inflation has brought institutional credibility to crypto investments. His large-scale acquisitions often lead to market rallies.
3. Binance and Changpeng Zhao (CZ)
As the founder of Binance, the worldās largestšŖ cryptocurrency exchange, šÆCZ holds immense sway. Binance not only facilitates billions in daily transactions but also influences market dynamics by listing new coins and launching innovative products like Binance Smart Chain. CZās decisions impact millions of traders globally.
4. Andreessen Horowitz (a16z)
This venture capital giant has poured billions into blockchain startups and crypto projects. Andreessen Horowitzās Crypto Fund backs groundbreaking initiatives, from decentralized finance (DeFi) platforms to NFT marketplaces. Their seal of approval often signals legitimacy and fuels investment in a project.
5. Cathie Wood and ARK Invest
As the CEO of ARK Invest, ššCathie Wood has championed Bitcoin and other cryptocurrencies as part of a bold investment strategy. Her bullish stance on digital assets, backed by data-driven insights, has inspired confidence among retail and institutional investors alike.
6. Grayscale Investments
Grayscale manages one of the largest Bitcoin funds in the world. šTheir Bitcoin Trust (GBTC) offers traditional investors exposure to crypto without directly holding assets. Grayscaleās periodic buying sprees and public announcements influence market trends.šÆ
7. Paul Tudor JonesšÆ
This legendary hedge fund manager made waves by declaring Bitcoin a superior hedge against inflation compared to gold. His entry into the crypto space in 2020 sparked renewed interest among institutional investors, solidifying Bitcoinās reputation as ādigital gold.ā
Why These Investors Matter š
These individuals and institutions donāt just react to the crypto marketāthey shape it. Their actions can trigger massive buying or selling waves, influence public sentiment, and even drive regulatory discussions. šµFor everyday investors, understanding their moves provides crucial insight into the future of cryptocurrency.
As crypto continuesš£ļø to evolve, these game changers will remain at the center of the action, guiding its path and determining its destiny.šµ
#ElonMuskUpdates #CryptoNewss #tradingview #Write2Earn! #Cointelegraph
In this article, we spotlight seven key players in the world of cryptocurrency. From billionaires who have become crypto evangelists to institutional investors commanding billionsšµšµšµ in assets, these titans shape the future of digital currencies. Whether theyāre backing innovative blockchain projects, driving Bitcoinās price with large-scale šÆbuys, or shaking up the market with bold proclamations, these individuals and entities have become synonymous with cryptoās highs and lows.
1. šElon Muskš
As the CEO of Tesla and SpaceX, Musk is no stranger to disruption. His tweets about Bitcoin and Dogecoin have sparked massive market swings. š
For instance, when Tesla announced it would accept Bitcoin as payment, prices soaredāonly to crash when the decision was reversed. Muskās influence, while polarizing, is undeniable.š
2. šMichael Saylor and MicroStrategyš
Michael Saylor, the co-founder of MicroStrategy, has turned his company into a Bitcoin powerhouse, holding billions in BTC. Saylorās consistent advocacy for Bitcoin as a hedge against inflation has brought institutional credibility to crypto investments. His large-scale acquisitions often lead to market rallies.
3. Binance and Changpeng Zhao (CZ)
As the founder of Binance, the worldās largestšŖ cryptocurrency exchange, šÆCZ holds immense sway. Binance not only facilitates billions in daily transactions but also influences market dynamics by listing new coins and launching innovative products like Binance Smart Chain. CZās decisions impact millions of traders globally.
4. Andreessen Horowitz (a16z)
This venture capital giant has poured billions into blockchain startups and crypto projects. Andreessen Horowitzās Crypto Fund backs groundbreaking initiatives, from decentralized finance (DeFi) platforms to NFT marketplaces. Their seal of approval often signals legitimacy and fuels investment in a project.
5. Cathie Wood and ARK Invest
As the CEO of ARK Invest, ššCathie Wood has championed Bitcoin and other cryptocurrencies as part of a bold investment strategy. Her bullish stance on digital assets, backed by data-driven insights, has inspired confidence among retail and institutional investors alike.
6. Grayscale Investments
Grayscale manages one of the largest Bitcoin funds in the world. šTheir Bitcoin Trust (GBTC) offers traditional investors exposure to crypto without directly holding assets. Grayscaleās periodic buying sprees and public announcements influence market trends.šÆ
7. Paul Tudor JonesšÆ
This legendary hedge fund manager made waves by declaring Bitcoin a superior hedge against inflation compared to gold. His entry into the crypto space in 2020 sparked renewed interest among institutional investors, solidifying Bitcoinās reputation as ādigital gold.ā
Why These Investors Matter š
These individuals and institutions donāt just react to the crypto marketāthey shape it. Their actions can trigger massive buying or selling waves, influence public sentiment, and even drive regulatory discussions. šµFor everyday investors, understanding their moves provides crucial insight into the future of cryptocurrency.
As crypto continuesš£ļø to evolve, these game changers will remain at the center of the action, guiding its path and determining its destiny.šµ
#ElonMuskUpdates #CryptoNewss #tradingview #Write2Earn! #Cointelegraph
Bitcoin Rally Predicted to Soar Through 2025: What Analysts Are Saying šššš
Bitcoin continues to be a beacon of optimism in the crypto market, with analysts forecasting a bullish trajectory well into late 2025. According to insights from Bybit and BlockScholes, Bitcoinās current ātrough-to-peakā ratio indicates the rally could persist for approximately 350 days, surpassing previous peaks and pushing the cryptocurrency into new all-time high price territories #Cointelegraph
Key Factors Driving the Rally
1.Institutional Investment Surgeš
Bitcoinās recent gains have been largely attributed to institutional investors, driven by the introduction of Bitcoin Spot ETFs in early 2024. These ETFs opened a new wave of demand, with significant inflows correlating closely with price increases. Institutions have also capitalized on Bitcoinās renewed correlation with traditional equity markets, signaling increased confidence in the assetās stability
2.Expanding Money Supplyšµ
Economic analysts predict a substantial increase in global money supply by 2025, led by the U.S. Federal Reserve. A projected $20 trillion liquidity injection could drive up Bitcoinās market cap, potentially attracting $2 trillion in investments. Historical trends suggest Bitcoin absorbs approximately 10% of new liquidity, further supporting its upward trajectory
3.Halving Cycle Momentumš
Historically, Bitcoinās price climbs significantly post-halving, as supply diminishes and demand grows. With the next halving cycle already influencing market sentiment, Bitcoin is expected to remain on a steady incline, potentially reaching values between $130,000 and $150,000 during this cycle
š£ļøA Word of Caution
While optimism abounds, analysts caution that significant resistance levels remain. Bitcoinās price must overcome hurdles, such as the $98,300 mark, to sustain its rally. Additionally, market volatility and global economic factors could still affect the forecast .
š Conclusion š
As Bitcoin enters šÆ a promising phase of growth, it continues to attract both institutional and retail investors. With projections suggesting prices could break $100,000 by mid-2025, Bitcoin remains a compelling investment option. However, as with all financial assets, investors should tread carefully, keeping an eye on market dynamics and potential risks.#BitcoinTherapist #bitcoināļø #CryptoNewss #2025Prediction
Key Factors Driving the Rally
1.Institutional Investment Surgeš
Bitcoinās recent gains have been largely attributed to institutional investors, driven by the introduction of Bitcoin Spot ETFs in early 2024. These ETFs opened a new wave of demand, with significant inflows correlating closely with price increases. Institutions have also capitalized on Bitcoinās renewed correlation with traditional equity markets, signaling increased confidence in the assetās stability
2.Expanding Money Supplyšµ
Economic analysts predict a substantial increase in global money supply by 2025, led by the U.S. Federal Reserve. A projected $20 trillion liquidity injection could drive up Bitcoinās market cap, potentially attracting $2 trillion in investments. Historical trends suggest Bitcoin absorbs approximately 10% of new liquidity, further supporting its upward trajectory
3.Halving Cycle Momentumš
Historically, Bitcoinās price climbs significantly post-halving, as supply diminishes and demand grows. With the next halving cycle already influencing market sentiment, Bitcoin is expected to remain on a steady incline, potentially reaching values between $130,000 and $150,000 during this cycle
š£ļøA Word of Caution
While optimism abounds, analysts caution that significant resistance levels remain. Bitcoinās price must overcome hurdles, such as the $98,300 mark, to sustain its rally. Additionally, market volatility and global economic factors could still affect the forecast .
š Conclusion š
As Bitcoin enters šÆ a promising phase of growth, it continues to attract both institutional and retail investors. With projections suggesting prices could break $100,000 by mid-2025, Bitcoin remains a compelling investment option. However, as with all financial assets, investors should tread carefully, keeping an eye on market dynamics and potential risks.#BitcoinTherapist #bitcoināļø #CryptoNewss #2025Prediction
Bitcoin: The Path to Separating Money from State š
David Sacks, a prominent entrepreneur and tech investor, recently emphasized the revolutionary potential of Bitcoin to separate money from state control. According to Sacks, Bitcoin introduces a form of digital currency that transcends traditional government systems, offering individuals financial sovereignty. This idea is increasingly relevant in a world where governments frequently manipulate currencies for political or economic gain.
šÆšÆšÆ
Bitcoin operates on a decentralized blockchain network, ensuring no single entity controls its supply or value. This structure contrasts sharply with fiat currencies, which are often subject to inflation, devaluation, and monetary policies that can erode individual wealth. By providing a secure, tamper-proof ledger system, Bitcoin empowers people to store and transfer value independently of banks or state institutions.
š£ļø
Sacks argues that Bitcoin represents a digital āgold standard,ā offering a hedge against inflation and a tool to protect wealth from governmental overreach. For instance, during times of economic instability, Bitcoinās deflationary nature becomes particularly attractive as an asset class. Unlike traditional currencies, its supply is capped at 21 million coins, preventing arbitrary inflation.
š¤·š»āāļø
Moreover, Bitcoin is becoming a global medium of exchange, enabling borderless transactions with minimal fees. This feature is especially beneficial for populations in countries with unstable currencies or restrictive financial systems. By removing barriers imposed by centralized financial institutions, Bitcoin levels the playing field for global economic participation.
ššš
Critics, however, question Bitcoinās volatility and its adoption challenges. Sacks counters that early adoption often comes with turbulence but points to Bitcoinās long-term trajectory and its growing integration into mainstream financial systems, including support from major companies and institutional investors.
šµš
In essence, Bitcoinās potential to separate money from state control is more than just a technical breakthroughāit represents a paradigm shift in how we perceive and use money. As adoption grows, it may pave the way for a more transparent, equitable financial system, empowering individuals worldwide
#Cointelegraph #BitcoinTherapist #bitcoināļø #Bitcoinā #BreakingCryptoNews
šÆšÆšÆ
Bitcoin operates on a decentralized blockchain network, ensuring no single entity controls its supply or value. This structure contrasts sharply with fiat currencies, which are often subject to inflation, devaluation, and monetary policies that can erode individual wealth. By providing a secure, tamper-proof ledger system, Bitcoin empowers people to store and transfer value independently of banks or state institutions.
š£ļø
Sacks argues that Bitcoin represents a digital āgold standard,ā offering a hedge against inflation and a tool to protect wealth from governmental overreach. For instance, during times of economic instability, Bitcoinās deflationary nature becomes particularly attractive as an asset class. Unlike traditional currencies, its supply is capped at 21 million coins, preventing arbitrary inflation.
š¤·š»āāļø
Moreover, Bitcoin is becoming a global medium of exchange, enabling borderless transactions with minimal fees. This feature is especially beneficial for populations in countries with unstable currencies or restrictive financial systems. By removing barriers imposed by centralized financial institutions, Bitcoin levels the playing field for global economic participation.
ššš
Critics, however, question Bitcoinās volatility and its adoption challenges. Sacks counters that early adoption often comes with turbulence but points to Bitcoinās long-term trajectory and its growing integration into mainstream financial systems, including support from major companies and institutional investors.
šµš
In essence, Bitcoinās potential to separate money from state control is more than just a technical breakthroughāit represents a paradigm shift in how we perceive and use money. As adoption grows, it may pave the way for a more transparent, equitable financial system, empowering individuals worldwide
#Cointelegraph #BitcoinTherapist #bitcoināļø #Bitcoinā #BreakingCryptoNews
š¢#Robinhoodās board of directors has approved a plan to buy back the $578 million stake in their company that was bought by former FTX CEO Sam Bankman-Fried and #FTX co-founder Gary Wang last year.
Source: #Cointelegraph
#dyor #crypto2023
Source: #Cointelegraph
#dyor #crypto2023
š¢Cash Cloud, the operator of Coin Cloud digital currency automatic teller machines in the United States and Brazil, has filed for Chapter 11 #bankruptcy in U.S. Bankruptcy Court for the District of Nevada.
Source: #Cointelegraph
#dyor #crypto2023
Source: #Cointelegraph
#dyor #crypto2023
#Blockchain companies warn of sophisticated fraud operations based on artificial intelligence in...
_Blockchain security companies are warning #crypto.projects.and.investors of the imminent risks of more sophisticated fraudulent operations using artificial intelligence (AI) technology during the year 2024. Despite the developments in the field of asset protection and reducing losses from fraud and hacking, which caused a decline from $4 billion in 2022 to $1.7 billion in 2023; Experts that #Cointelegraph spoke to warned in a recent article about the development of fraudulent operations and the need to take more precautionary measures. Jesse Leclere, an analyst at the blockchain security company Certik, pointed to the development of fraudulent attacks, stressing that they will not only target users, but may also target corporate systems. This also happened recently in the case of exploiting the security vulnerability of the electronic wallet company Ledger Connect on December 14.
#LeClair also pointed out in the aforementioned article that generative AI is likely to play a crucial role in making scams more convincing by automating processes and creating fake calls, videos, and messages that are indistinguishable from their real counterparts, targeting crypto users in particular. LeClair added that these fraudulent attacks will continue to focus on bridges between blockchain networks in 2024, with the sectorās increased adoption of solutions for connecting blockchain networks, and these bridges may become tempting targets for hackers in order to exploit weaknesses resulting from transactions between different blockchain networks. It should be noted here that bridges between blockchain systems are the most targeted crypto protocols by hackers. The recent hack of the Multichain protocol in July 2023, which caused a loss estimated at $126 million, is an example of such operations.
#follow To see more breaking news ā š„ššÆ
_Blockchain security companies are warning #crypto.projects.and.investors of the imminent risks of more sophisticated fraudulent operations using artificial intelligence (AI) technology during the year 2024. Despite the developments in the field of asset protection and reducing losses from fraud and hacking, which caused a decline from $4 billion in 2022 to $1.7 billion in 2023; Experts that #Cointelegraph spoke to warned in a recent article about the development of fraudulent operations and the need to take more precautionary measures. Jesse Leclere, an analyst at the blockchain security company Certik, pointed to the development of fraudulent attacks, stressing that they will not only target users, but may also target corporate systems. This also happened recently in the case of exploiting the security vulnerability of the electronic wallet company Ledger Connect on December 14.
#LeClair also pointed out in the aforementioned article that generative AI is likely to play a crucial role in making scams more convincing by automating processes and creating fake calls, videos, and messages that are indistinguishable from their real counterparts, targeting crypto users in particular. LeClair added that these fraudulent attacks will continue to focus on bridges between blockchain networks in 2024, with the sectorās increased adoption of solutions for connecting blockchain networks, and these bridges may become tempting targets for hackers in order to exploit weaknesses resulting from transactions between different blockchain networks. It should be noted here that bridges between blockchain systems are the most targeted crypto protocols by hackers. The recent hack of the Multichain protocol in July 2023, which caused a loss estimated at $126 million, is an example of such operations.
#follow To see more breaking news ā š„ššÆ
African Web3 Faces Regulatory Hurdles
The challenges associated with the regulation of Web3 technologies in Africa significantly impede their development. Jathin Jagannath, an advocate for developers at Cartesi, emphasized that the development of digital literacy, the existence of a skilled workforce, and a strong user community are key for the successful integration of Web3 technologies.
Regulatory Uncertainty as a Stumbling Block
Jagannath, representing the developer protocol Cartesi, pointed out regulatory uncertainties as a major obstacle for #Web3 in the African region. He explained that there are no clear and specific regulations for Web3 technologies, which can cause uncertainty among potential users and investors.
Ā Jathin Jagannath Speaks on Challenges and Opportunities
In an interview with #Cointelegraph , Jathin Jagannath stated that regulatory uncertainties might prevent people from fully utilizing the transformative potential of Web3. He said,Ā "If we witness improvements in legislation, increased digital literacy, and modernization of infrastructure, Africans will be able to overcome these barriers and take advantage of rapid modernization."
Ā The Rise of Web3 in Africa Despite Challenges
Although Africa shows significant potential for adoption and innovation in the Web3 space, Jathin Jagannath points out a notable lack in the area of education and information availability. He emphasizes the improvement of digital literacy and underscores that a competent workforce and user base are absolutely essential for the integration of Web3 technologies.
Ā Educational Challenges and Access to Knowledge
In a dialogue with Awosika Israel Ayodeji, the director of the Web3bridge program, challenges in education and access to knowledge for African developers were discussed. Ayodeji noted that the high rate of poverty often means people must prioritize basic subsistence over deeper education.
Ā Partnership of Cartesi and Web3bridge in Education
Cartesi, in partnership with Web3bridge, is organizing an eight-week course in Nigeria, starting in January 2024. Jagannath expressed a commitment to increasing awareness and improving the skills of developers in the African ecosystem, which contributes to the development of a dynamic blockchain scene in Nigeria.
Ā Perspectives of Web3 in Africa for 2024
Jagannath believes that Africa is on the cusp of a Web3 expansion in 2024 and beyond, thanks to a younger demographic and unstable currency. However, nearly 24% of Africans are still not involved in the banking system, according to Oxford Business School.
Ā Web3 as a Solution for African Financial Challenges
Jathin Jagannath highlights the potential of Web3 for the African continent, where decentralized wallets and other Web3 applications can address current challenges and enable transformational changes in the way Africans interact with financial systems and conduct cross-border trade.
#etf #BTC #CATCH
Ā Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Regulatory Uncertainty as a Stumbling Block
Jagannath, representing the developer protocol Cartesi, pointed out regulatory uncertainties as a major obstacle for #Web3 in the African region. He explained that there are no clear and specific regulations for Web3 technologies, which can cause uncertainty among potential users and investors.
Ā Jathin Jagannath Speaks on Challenges and Opportunities
In an interview with #Cointelegraph , Jathin Jagannath stated that regulatory uncertainties might prevent people from fully utilizing the transformative potential of Web3. He said,Ā "If we witness improvements in legislation, increased digital literacy, and modernization of infrastructure, Africans will be able to overcome these barriers and take advantage of rapid modernization."
Ā The Rise of Web3 in Africa Despite Challenges
Although Africa shows significant potential for adoption and innovation in the Web3 space, Jathin Jagannath points out a notable lack in the area of education and information availability. He emphasizes the improvement of digital literacy and underscores that a competent workforce and user base are absolutely essential for the integration of Web3 technologies.
Ā Educational Challenges and Access to Knowledge
In a dialogue with Awosika Israel Ayodeji, the director of the Web3bridge program, challenges in education and access to knowledge for African developers were discussed. Ayodeji noted that the high rate of poverty often means people must prioritize basic subsistence over deeper education.
Ā Partnership of Cartesi and Web3bridge in Education
Cartesi, in partnership with Web3bridge, is organizing an eight-week course in Nigeria, starting in January 2024. Jagannath expressed a commitment to increasing awareness and improving the skills of developers in the African ecosystem, which contributes to the development of a dynamic blockchain scene in Nigeria.
Ā Perspectives of Web3 in Africa for 2024
Jagannath believes that Africa is on the cusp of a Web3 expansion in 2024 and beyond, thanks to a younger demographic and unstable currency. However, nearly 24% of Africans are still not involved in the banking system, according to Oxford Business School.
Ā Web3 as a Solution for African Financial Challenges
Jathin Jagannath highlights the potential of Web3 for the African continent, where decentralized wallets and other Web3 applications can address current challenges and enable transformational changes in the way Africans interact with financial systems and conduct cross-border trade.
#etf #BTC #CATCH
Ā Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Blum CEO Talking about Tap-To-Earn Airdrops
The CEO of Blum Gleob Kostarev, said that
āWeāve been waiting for mass adoption for quite a long time, and we finally get this mass adoption through Telegram.ā
According to a former Binance executive.
āAround half of the tap-to-earn gamers on Telegram are completely new to crypto, and the messaging app could open up the tech to mass adoption.ā
Gleb Kostarev, a former vice president and regional head at Binance, told Cointelegraph at Korea Blockchain Week that of the 50 million registered users of his new Telegram Mini App tap-to-earn game and exchange called Blum, half were crypto newcomers.
āBased on our data and our surveys in the community, 50% said that they hadnāt interacted with Web3 before,ā he said.
āThere were always some questions about whether this audience on Telegram can be converted to Web3,ā Kostarev said. āThose users are real, and they can go to exchanges, they can register, they can become Web3 usersā
Kostarev believes Telegram can help to increase access to decentralized finance (DeFi) apps, which he says have been hamstrung by Apple and Googleās restrictive mobile app policies.
He said that as many as 80% of centralized exchange users access the platform via mobile phone, which is āthe issue for DeFi adoption.ā
ā[DeFi projects] have websites, while the majority of users prefer mobile platforms,ā Kostarev said.Ā
He noted that Appleās App Store and Googleās Play Store have āa lot of issuesā with DeFi and non-fungible tokens (NFTs).
Related: Telegram-style āmini DAppsā come to Line with Kaia mainnet launch
In particular, Apple has long restricted its mobile apps to using only its in-app payments solution, which doesnāt support cryptocurrencies or NFTs and lumps on a 30% fee.
#BlumCrypto #telegramMining #Cointelegraph #TapToEarn #BlumAirdrop
The CEO of Blum Gleob Kostarev, said that
āWeāve been waiting for mass adoption for quite a long time, and we finally get this mass adoption through Telegram.ā
According to a former Binance executive.
āAround half of the tap-to-earn gamers on Telegram are completely new to crypto, and the messaging app could open up the tech to mass adoption.ā
Gleb Kostarev, a former vice president and regional head at Binance, told Cointelegraph at Korea Blockchain Week that of the 50 million registered users of his new Telegram Mini App tap-to-earn game and exchange called Blum, half were crypto newcomers.
āBased on our data and our surveys in the community, 50% said that they hadnāt interacted with Web3 before,ā he said.
āThere were always some questions about whether this audience on Telegram can be converted to Web3,ā Kostarev said. āThose users are real, and they can go to exchanges, they can register, they can become Web3 usersā
Kostarev believes Telegram can help to increase access to decentralized finance (DeFi) apps, which he says have been hamstrung by Apple and Googleās restrictive mobile app policies.
He said that as many as 80% of centralized exchange users access the platform via mobile phone, which is āthe issue for DeFi adoption.ā
ā[DeFi projects] have websites, while the majority of users prefer mobile platforms,ā Kostarev said.Ā
He noted that Appleās App Store and Googleās Play Store have āa lot of issuesā with DeFi and non-fungible tokens (NFTs).
Related: Telegram-style āmini DAppsā come to Line with Kaia mainnet launch
In particular, Apple has long restricted its mobile apps to using only its in-app payments solution, which doesnāt support cryptocurrencies or NFTs and lumps on a 30% fee.
#BlumCrypto #telegramMining #Cointelegraph #TapToEarn #BlumAirdrop
šØ Crypto cash Courts U.S. Elections šØ
šThe crypto industry is making waves in #Washington , dropping $119M into this yearās federal elections almost half of all corporate contributions.
š With #bitcoināļø up 125% from last year, the stakes are high. Trump is courting the crypto crowd with big promises, while Kamala Harris might be softening her stance.The impact is already being felt, as lawmakers are increasingly vocal about #blockchainregulation .
Some experts predict that this influx of crypto cash could shape policy decisions, especially as the U.S. races to establish itself as a global leader in #digitalcurrency innovation.
šSource: #Cointelegraph
Follow me for more āāāā
šThe crypto industry is making waves in #Washington , dropping $119M into this yearās federal elections almost half of all corporate contributions.
š With #bitcoināļø up 125% from last year, the stakes are high. Trump is courting the crypto crowd with big promises, while Kamala Harris might be softening her stance.The impact is already being felt, as lawmakers are increasingly vocal about #blockchainregulation .
Some experts predict that this influx of crypto cash could shape policy decisions, especially as the U.S. races to establish itself as a global leader in #digitalcurrency innovation.
šSource: #Cointelegraph
Follow me for more āāāā
šØCrypto Losses to #hacks Exceed $313M in August šØ
Cryptocurrency hackers stole $313.86 million in digital assets across more than 10 #cyberattacks in August, raising significant doubts about the broader acceptance of the asset class.
The alarming figure highlights a growing trend of sophisticated #cybercrime targeting the crypto industry.
This wave of thefts has prompted renewed calls for stricter regulation and better security measures within the sector.
The recent hacks add pressure on #exchanges and custodians to bolster their defenses and protect user assets.
šSource: #Cointelegraph
Follow me to keep yourself updated āāā
Cryptocurrency hackers stole $313.86 million in digital assets across more than 10 #cyberattacks in August, raising significant doubts about the broader acceptance of the asset class.
The alarming figure highlights a growing trend of sophisticated #cybercrime targeting the crypto industry.
This wave of thefts has prompted renewed calls for stricter regulation and better security measures within the sector.
The recent hacks add pressure on #exchanges and custodians to bolster their defenses and protect user assets.
šSource: #Cointelegraph
Follow me to keep yourself updated āāā
š THORChain $RUNE : Your Gateway to DeFi Success! š
1. Mainnet Upgrades: THORChain's recent mainnet launch has brought significant enhancements to security, stability, and governance, paving the way for new chain integrations and wallet supportā (Cointelegraph)āā (Cointelegraph)ā.
2. Native $RUNE Adoption: The activation of the "killswitch" for non-native tokens like BEP-2 and ERC-20 variants means all users will transition to the upgraded native RUNE, which is set to enhance interoperability and decentralizationā (Cointelegraph)ā.
3. Price Surge Potential: With RUNE already showing a strong price rebound of 165% from its support levels, analysts suggest a potential bull run towards $11.50, and possibly even higher depending on market conditionsā ( #Cointelegraph )
Investing in $RUNE now means tapping into a powerful DeFi ecosystem with significant growth potential. Donāt miss out on this opportunity!
#Crypto #DeFi #BlockchainBulls #Investing #Altcoins
1. Mainnet Upgrades: THORChain's recent mainnet launch has brought significant enhancements to security, stability, and governance, paving the way for new chain integrations and wallet supportā (Cointelegraph)āā (Cointelegraph)ā.
2. Native $RUNE Adoption: The activation of the "killswitch" for non-native tokens like BEP-2 and ERC-20 variants means all users will transition to the upgraded native RUNE, which is set to enhance interoperability and decentralizationā (Cointelegraph)ā.
3. Price Surge Potential: With RUNE already showing a strong price rebound of 165% from its support levels, analysts suggest a potential bull run towards $11.50, and possibly even higher depending on market conditionsā ( #Cointelegraph )
Investing in $RUNE now means tapping into a powerful DeFi ecosystem with significant growth potential. Donāt miss out on this opportunity!
#Crypto #DeFi #BlockchainBulls #Investing #Altcoins
A spokesperson from Bitwise has confirmed to Cointelegraph that their recent filing on the Delaware government website is now officially on record. Stay tuned for whatās next!
#Bitwise #Cointelegraph #ETFsā $XRP
#Bitwise #Cointelegraph #ETFsā $XRP
#ETH_ETFs_Trading_Today
According to #Cointelegraph : Spot Ether (ETH) exchange-traded funds (ETFs) have begun trading in the United States. This will lighten up the Ethereum ecosystem and bring a tone of dollars. the impact will be tremendous . Invest in approved spot Ether ETF issuers such as
#BlackRockā©
Fidelity
21Shares
Bitwise
VanEck
Invesco Galaxy
$ETH
According to #Cointelegraph : Spot Ether (ETH) exchange-traded funds (ETFs) have begun trading in the United States. This will lighten up the Ethereum ecosystem and bring a tone of dollars. the impact will be tremendous . Invest in approved spot Ether ETF issuers such as
#BlackRockā©
Fidelity
21Shares
Bitwise
VanEck
Invesco Galaxy
$ETH
#CryptoMarket Under Manipulations-
Although there have been many ups and downs in the market in the last one week, but the way the market was manipulated by #Cointelegraph with a fake pump-dump of wrong news in the beginning of this week, Whaler's capitalized on it properly and the market It has easily gone from $27k to $30k without any volume..!
As per Binance listed Coins data, Although today the market has been a bit volatile with some Ups and Downs throughout the day, but now people's eyes are on the new week starting from tomorrow, because October has started with Pumptoober, so will it end with Rektoober or Will still remain on pumping..!
People who understand the trading market well known, that there is no volume in the market at this time, so you can move the market up only to a certain time of extention, after taking Whaler's a suitable amount of profit for their Christmas and New Year holidays, they will dump the market and go out for holidays and the common man will either get liquidated or will be empty of funds, but when he actually needs funds to invest, he will not have those funds due to market Manipulations.. š
Probably, many people do not learn from past experiences, until they face the same problem again & again, so keep doing your research and choose the right time to invest as per your convenience, because,
whenever you buy $BTC , it will be cheap.
Will see if you have the ability to #HODL it for at least min. 4-5 years...
Therefore,
never wait to buy #Bitcoin..
buy it when you get a chance and wait comfortably for 4-5 years.. š
#DYOR & #NFA always in #Crypto
Although there have been many ups and downs in the market in the last one week, but the way the market was manipulated by #Cointelegraph with a fake pump-dump of wrong news in the beginning of this week, Whaler's capitalized on it properly and the market It has easily gone from $27k to $30k without any volume..!
As per Binance listed Coins data, Although today the market has been a bit volatile with some Ups and Downs throughout the day, but now people's eyes are on the new week starting from tomorrow, because October has started with Pumptoober, so will it end with Rektoober or Will still remain on pumping..!
People who understand the trading market well known, that there is no volume in the market at this time, so you can move the market up only to a certain time of extention, after taking Whaler's a suitable amount of profit for their Christmas and New Year holidays, they will dump the market and go out for holidays and the common man will either get liquidated or will be empty of funds, but when he actually needs funds to invest, he will not have those funds due to market Manipulations.. š
Probably, many people do not learn from past experiences, until they face the same problem again & again, so keep doing your research and choose the right time to invest as per your convenience, because,
whenever you buy $BTC , it will be cheap.
Will see if you have the ability to #HODL it for at least min. 4-5 years...
Therefore,
never wait to buy #Bitcoin..
buy it when you get a chance and wait comfortably for 4-5 years.. š
#DYOR & #NFA always in #Crypto
#Cointelegraph
Ethereum Set to Boost Performance with New Proposal EIP-7781
Ethereum developers have unveiled EIP-7781, a proposal to increase the networkās throughput by 50%.
This new improvement plan will:
- Expand blobs, a data structure that reduces Layer-2 fees.
- Cut Ethereum block times by 33%, reducing it from 12 seconds to just 8 seconds.
- Significantly enhance the efficiency of rollups, speeding up transactions and improving data capacity for Ethereum users.
The proposal, introduced by Ben Adams, could mark a massive leap in Ethereumās performance, pushing the network closer to scaling solutions needed for global adoption.
$ETH
Ethereum Set to Boost Performance with New Proposal EIP-7781
Ethereum developers have unveiled EIP-7781, a proposal to increase the networkās throughput by 50%.
This new improvement plan will:
- Expand blobs, a data structure that reduces Layer-2 fees.
- Cut Ethereum block times by 33%, reducing it from 12 seconds to just 8 seconds.
- Significantly enhance the efficiency of rollups, speeding up transactions and improving data capacity for Ethereum users.
The proposal, introduced by Ben Adams, could mark a massive leap in Ethereumās performance, pushing the network closer to scaling solutions needed for global adoption.
$ETH
#Cointelegraph
#BlackRock is prepping for $35T Fed Dollar Crisis that's predicted to drive "institutional interestā in #Bitcoin .
"The growing concerns in the U.S. and abroad over the state of U.S. federal deficits and debt has increased the appeal of potential alternative reserve assets as a potential hedge against possible future events affecting the U.S. dollar," BlackRock'sETF CIO, head of #crypto and head of fixed income global macro wrote in a recent paper.
$BTC
#BlackRock is prepping for $35T Fed Dollar Crisis that's predicted to drive "institutional interestā in #Bitcoin .
"The growing concerns in the U.S. and abroad over the state of U.S. federal deficits and debt has increased the appeal of potential alternative reserve assets as a potential hedge against possible future events affecting the U.S. dollar," BlackRock'sETF CIO, head of #crypto and head of fixed income global macro wrote in a recent paper.
$BTC
(#Cointelegraph )
JUST IN: #Solana_Blockchain has unveiled its second mobile device #Seeker . Speaking to Cointelegraph at #Token2049 āÆāÆāÆ, Emmett Hollyer, General Manager at #SolanaLabs , said Seeker would be a ārewards magnetā for users but stressed that it wouldnāt just be the āmemecoin phone.ā
$SOL
JUST IN: #Solana_Blockchain has unveiled its second mobile device #Seeker . Speaking to Cointelegraph at #Token2049 āÆāÆāÆ, Emmett Hollyer, General Manager at #SolanaLabs , said Seeker would be a ārewards magnetā for users but stressed that it wouldnāt just be the āmemecoin phone.ā
$SOL
#Crypto Bisons - Marketing and News is a popular crypto news platform on #Binance Square. They share their insights and opinions on the latest crypto news and developments, as well as cover major events in the industry.
They have a following of over 10,000 users and have been featured in several media outlets, including #Cointelegraph and #CoinsProbe.
If you're looking for reliable and up-to-date crypto news, Crypto Bisons - Marketing and News is a great resource to check out.
Here are some of their latest articles:
Shiba Inu (SHIB) is on the verge of explosive growth! Here's why.
In 3 Months, This Crypto Wallet Went From $147 To $788,396.
Court Confirms Celsius Bankruptcy Exit Plan, $2B in Crypto to Go to Creditors.
NFTgators.
Polygon Boosts Ecosystem Growth With $90M Fund for Web3 Founders.
If you're interested in learning more about Crypto Bisons - Marketing and News, be sure to check out their profile on Binance Square.
They have a following of over 10,000 users and have been featured in several media outlets, including #Cointelegraph and #CoinsProbe.
If you're looking for reliable and up-to-date crypto news, Crypto Bisons - Marketing and News is a great resource to check out.
Here are some of their latest articles:
Shiba Inu (SHIB) is on the verge of explosive growth! Here's why.
In 3 Months, This Crypto Wallet Went From $147 To $788,396.
Court Confirms Celsius Bankruptcy Exit Plan, $2B in Crypto to Go to Creditors.
NFTgators.
Polygon Boosts Ecosystem Growth With $90M Fund for Web3 Founders.
If you're interested in learning more about Crypto Bisons - Marketing and News, be sure to check out their profile on Binance Square.