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Spain plans to implement the EU's Markets in Crypto-Assets Act (MiCA) in December 2025, six months ahead of the general deadline for all 27 EU member states.
Additionally, Spanish authorities have granted local licenses to international crypto exchanges like Coinbase and Kraken, while the country's central bank, Banco de España, is exploring the potential benefits of a digital euro.
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Additionally, Spanish authorities have granted local licenses to international crypto exchanges like Coinbase and Kraken, while the country's central bank, Banco de España, is exploring the potential benefits of a digital euro.
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TON Blockchain has conducted its first public performance test, showing TON as the world's fastest blockchain network in terms of transactions per second (TPS). TON has reached 65,400 TPS.
The previous world record was held by Solana with a peak TPS of 65,000 during testing and theoretical transactions per second of 710,000.
For the purpose of comparison, it is important to note that Visa is able to process approximately 24,000 TPS, while Mastercard can handle around 5,000 TPS.
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#BTC #lastpass #tia #unibot #unibot
TON Blockchain has conducted its first public performance test, showing TON as the world's fastest blockchain network in terms of transactions per second (TPS). TON has reached 65,400 TPS.
The previous world record was held by Solana with a peak TPS of 65,000 during testing and theoretical transactions per second of 710,000.
For the purpose of comparison, it is important to note that Visa is able to process approximately 24,000 TPS, while Mastercard can handle around 5,000 TPS.
follow for more
#BTC #lastpass #tia #unibot #unibot
Regulators from Singapore, Japan, the UK, and Switzerland are joining forces for "Project Guardian" to explore digital asset tokenization in the financial sector. The project will focus on legal and accounting aspects, risk assessment, and the establishment of common standards.
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#BTC #lastpass #tia #unibot #sol
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#BTC #lastpass #tia #unibot #sol
The UK government has unveiled its final rules for cryptocurrency regulation, starting with the regulation of fiat-backed stablecoins in early 2023, followed by further oversight of various crypto activities by the Financial Conduct Authority (FCA).
DeFi will not be banned but regulated appropriately. The regulation of NFTs will depend on their specific characteristics and applications.
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#BTC #lastpass #tia #unibot #sol
DeFi will not be banned but regulated appropriately. The regulation of NFTs will depend on their specific characteristics and applications.
follow for more
#BTC #lastpass #tia #unibot #sol
Elon Musk announced a modification to creator monetization on X, stating that any posts corrected by Community Notes will no longer be eligible for revenue share.
This change aims to prioritize accuracy over sensationalism, with transparency ensured by the open-source nature of the code and data.
#arbitrum #solana #ordinals #Meme #etf
This change aims to prioritize accuracy over sensationalism, with transparency ensured by the open-source nature of the code and data.
#arbitrum #solana #ordinals #Meme #etf
The report "Industry Outlook 2024" by EIU discusses the key trends and challenges that businesses will face in six major sectors: automotive, consumer goods and retailing, energy, financial services, healthcare, and technology and telecoms.
Key takeaways:
⚫ Global automotive sector will be weighed down by slow consumer spending, high interest rates, and the transition to electric vehicles
⚫ Global retail sales are expected to expand by 6.7% in US dollar terms and by 2% in real terms as inflation eases
⚫ Global energy consumption will increase to 1.8% in 2024, driven largely by demand from Asia
⚫ FinTech companies will continue to disrupt the financial services industry
⚫ Pharmaceutical companies will face new regulations over manufacturing standards in India and market entry requirements in the EU
⚫ AI is expected to have a major impact on the technology and telecoms sector, with applications in areas such as cloud computing, data analytics, and cybersecurity
#arbitrum #solana #ordinals #Meme #sbf
Key takeaways:
⚫ Global automotive sector will be weighed down by slow consumer spending, high interest rates, and the transition to electric vehicles
⚫ Global retail sales are expected to expand by 6.7% in US dollar terms and by 2% in real terms as inflation eases
⚫ Global energy consumption will increase to 1.8% in 2024, driven largely by demand from Asia
⚫ FinTech companies will continue to disrupt the financial services industry
⚫ Pharmaceutical companies will face new regulations over manufacturing standards in India and market entry requirements in the EU
⚫ AI is expected to have a major impact on the technology and telecoms sector, with applications in areas such as cloud computing, data analytics, and cybersecurity
#arbitrum #solana #ordinals #Meme #sbf
On a year-to-date basis, Indonesia has the highest presence of "zombie" companies within its market, followed by the Philippines. Conversely, Russia has the smallest proportion of such companies.
"Zombie" companies typically refer to firms that struggle to cover their debt obligations and interest payments and may have low profitability.
#Meme #etf #gbtc #fomo #sbf
"Zombie" companies typically refer to firms that struggle to cover their debt obligations and interest payments and may have low profitability.
#Meme #etf #gbtc #fomo #sbf
According to VanEck, its 2030 Solana valuation scenarios anticipate a SOL price ranging from a bearish $9.81 to a bullish $3,211.28, based on varying market shares and revenue estimates across key sectors.
In its 2030 baseline, VanEck's standardized valuation framework projects Solana to achieve a token valuation of $335. The estimate, it stated, is based on projecting a terminal valuation multiple on Solana's SOL tokens based on an anticipated real rate of return.
VanEck stated that depending upon the scenario, it is assumed that a certain portion of businesses and their income will be produced from blockchain activities or will use blockchain in some capacity to locate clients, create new goods, decrease expenses, or simplify back-end business tasks.
Given this, VanEck envisions Solana becoming the first blockchain to support applications with over 100 million users.
Despite its potential, VanEck says Solana has a lower chance of hosting the majority of the world's crypto transactions by 2030 than Ethereum.
While Solana's network and execution engine offers higher throughput and unlock greater possibilities, the majority of crypto users and developers have yet to adopt it.
Solana currently has a significantly lower share of crypto total value (TVL) of $408 million out of $46 billion, as well as a similarly low percentage of daily active users (184,000 out of 5.5 million).
As a result, the base scenario forecasts Solana adoption at around 30%, a significant increase over today's data but significantly lower than Ethereum's base case of 70%.
VanEck's price prediction of $11,800 for Ethereum was based on the ETH network obtaining a 70% market share of value transmitted over open-source blockchains. If Solana can avoid Ethereum's event horizon and reach Ethereum-like dominance, the bull case forecasts $51.8 billion in revenue and a price target of $3,211 in 2030.
SOL was trading at $31.97 at the time of writing; thus, a price increase to $3,211 would represent a 10,600% increase for Solana in the coming years.
#sol #Meme #etf #gbtc #fomo #sbf
In its 2030 baseline, VanEck's standardized valuation framework projects Solana to achieve a token valuation of $335. The estimate, it stated, is based on projecting a terminal valuation multiple on Solana's SOL tokens based on an anticipated real rate of return.
VanEck stated that depending upon the scenario, it is assumed that a certain portion of businesses and their income will be produced from blockchain activities or will use blockchain in some capacity to locate clients, create new goods, decrease expenses, or simplify back-end business tasks.
Given this, VanEck envisions Solana becoming the first blockchain to support applications with over 100 million users.
Despite its potential, VanEck says Solana has a lower chance of hosting the majority of the world's crypto transactions by 2030 than Ethereum.
While Solana's network and execution engine offers higher throughput and unlock greater possibilities, the majority of crypto users and developers have yet to adopt it.
Solana currently has a significantly lower share of crypto total value (TVL) of $408 million out of $46 billion, as well as a similarly low percentage of daily active users (184,000 out of 5.5 million).
As a result, the base scenario forecasts Solana adoption at around 30%, a significant increase over today's data but significantly lower than Ethereum's base case of 70%.
VanEck's price prediction of $11,800 for Ethereum was based on the ETH network obtaining a 70% market share of value transmitted over open-source blockchains. If Solana can avoid Ethereum's event horizon and reach Ethereum-like dominance, the bull case forecasts $51.8 billion in revenue and a price target of $3,211 in 2030.
SOL was trading at $31.97 at the time of writing; thus, a price increase to $3,211 would represent a 10,600% increase for Solana in the coming years.
#sol #Meme #etf #gbtc #fomo #sbf
Google agreed to invest up to $2 billion in Anthropic, building on its earlier investment in the artificial-intelligence company and adding fuel to the race between startups trying to achieve the next big breakthrough in the emerging technology.
Google invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time, people familiar with the matter said.
Google invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time, people familiar with the matter said.
Ⓜ️ In Q3, Meta incurred a $3.7 billion loss in their Reality Labs division, despite the release of the Meta Quest 3 virtual headset. The report indicates that the company generated approximately $210 million in revenue with consistent year-over-year expenses of $4 billion.
#Meme #etf #gbtc #fomo #sbf
#Meme #etf #gbtc #fomo #sbf
#Meme #etf #gbtc #fomo #sbf October 20, 2023, hackers attacked Coins.ph, one of the largest crypto exchanges in the Philippines. The hackers moved 12 million XRP tokens to various exchanges, including OKX, WhiteBIT, and OrbitBridge.
The stolen XRP tokens were worth around $6.4 million. Following the hack, WhiteBIT moved to block the 445,000 XRP tokens. The hack followed several network exploits in the past few months.
Meanwhile, XRP’s popularity has risen in the past few months following its ongoing lawsuit. After a summary judgment on July 13, many crypto firms increased their XRP holdings. This could have been why Coins.ph was holding a large stash of XRP tokens.
After its victory on July 13, XRP had risen to $0.81. Yet, by October 23, XRP had fallen by 33.3% to $0.54. As XRP’s lawsuit rages on, analysts say a positive outcome will bring a rally for the token. If XRP wins its lawsuit against the SEC, it could rise by 53.7% to $0.83.
The stolen XRP tokens were worth around $6.4 million. Following the hack, WhiteBIT moved to block the 445,000 XRP tokens. The hack followed several network exploits in the past few months.
Meanwhile, XRP’s popularity has risen in the past few months following its ongoing lawsuit. After a summary judgment on July 13, many crypto firms increased their XRP holdings. This could have been why Coins.ph was holding a large stash of XRP tokens.
After its victory on July 13, XRP had risen to $0.81. Yet, by October 23, XRP had fallen by 33.3% to $0.54. As XRP’s lawsuit rages on, analysts say a positive outcome will bring a rally for the token. If XRP wins its lawsuit against the SEC, it could rise by 53.7% to $0.83.
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