HERE WE GO:—

While traditional banks struggle to keep clients' trust, Forbes reports that bitcoin's decentralized approach is now beginning to seem at least somewhat tempting.


#kayabdul #Binance #BTC #Forbes

Forget the Crypto Boom, Enter the "Zombie" Coins: Forbes Calls Out XRP, ADA, LTC in $2.4 Trillion Market.

With a massive crypto market, not every token is thriving. Forbes identifies 20 "zombie blockchains" like Ripple ($XRP ), Cardano ($ADA ), and Litecoin ($LTC ) that keep high prices despite lacking real-world use.

These "undead" tokens see continuous trading but offer little to no user benefit. Many survive on speculation and past funding, not on fulfilling their purpose.
For instance, Ripple's #xrp aimed to challenge SWIFT payments but mainly relies on speculative trading, not actual network usage.

Analysts say XRP's market value of $36 billion is "essentially worthless" compared to its lack of utility.

Similar concerns surround Litecoin, #bitcoin Cash, and others – their value hinges more on speculation than actual use.
"Ethereum killers" like #Cardano (ADA) are another concern. Despite advancements, they struggle with user adoption and developer interest.

#Forbes also highlights the lack of accountability in these blockchain projects. This makes it difficult to assess their health, raising questions about "zombie coins" like Ethereum Classic, which still trades despite security breaches.

📢#Visa is leaning towards the possibility of allowing automatic payments via #Ethereum wallets without requiring the manual signature of transactions.

Source: #Forbes

Forbes Unveils 'The World's Most Powerful Women 2023' List. ♀️📝

Forbes, one of the world's most prestigious economic magazines, recently released its annual list of the "World's Most Powerful 100 Women." Here's a glimpse of the noteworthy highlights:

1. Ursula von der Leyen
- President of the European Commission

2. Christine Lagarde
- President of the European Central Bank

3. Kamala Harris
- Vice President of the United States

4. Giorgia Meloni
- Prime Minister of Italy

5. Taylor Swift
- Singer

6. Karen Lynch
- CEO of CVS

7. Jane Fraser
- CEO of Citigroup

8. Abigail Johnson
- Chairman and CEO of Fidelity

9. Mary Barra
- CEO of General Motors

10. Melinda French
- Co-Chair of the Bill and Melinda Gates Foundation

Güler Sabancı: The Sole Turkish Representative.

- Güler Sabancı, a prominent Turkish businesswoman, secured her place on the list, rising from 81st to an impressive 77th position.

- Holding key roles as the Chair of Sabancı Holding, Chair of Sabancı University Board of Trustees, and the first female member of the European Round Table for Industry, Sabancı continues to make significant contributions.

- Notably, she serves on the MIT Energy Initiative's External Advisory Board.

Forbes' 2023 list celebrates the influence and achievements of women globally, with Güler Sabancı shining as the sole Turkish representative, exemplifying her outstanding contributions in business and leadership for an astounding 19 years.

#Forbes #Sabancı #GülerSabancı #Turkey

🔥💥Forbes Reveals Ripple Benefits from $300 Billion in Flows: Can XRP Reach $1?

According to #Forbes Short Contributor Billy Bambrough, the cryptocurrency market has recently been provided with a flow of $ 300 million, a significant boost to major cryptocurrencies such as #Ripple (#XRP ).

Bambrough surpassed $70,000, approaching Bitcoin's 24-hour all-time high of $73,850. Similarly, Ripple (XRP) and other previous cryptocurrencies have witnessed sharp rises. This is a $300 million plus contribution in the total cryptocurrency capitalization last week.
In particular, Ripple (XRP) is among the best performing shows, reaching its highest intraday price of $ 0.6594 after an increase of 5.1%. Dec. Over the past seven days, the asset has shown an effective increase of 4.5% from a low of $ 0.5725.

Ripple's corporate interest is increasing
Amid the newly revived state of the crypto market after weeks of paid price regulations, some Goldman Sachs clients have indicated that they are ready to enter the cryptocurrency arena, Bambrough said. These advisors, mainly hedge funds, are experiencing son gains and fear of running away (FOMO), especially after the approval of multiple US Bitcoin spot etfs.

Max Minton, Goldman's Head of Digital Assets for Asia Pacific, said: "The recent ETF approval has triggered a new revival of interest and activity from our clients. Many of our biggest clients are actively researching or not being active in this area."

"Price action ... it is still primarily driven by retail investors. But these are the institutions we're starting to get into. Now you really see that the appetite has changed.”
XRP has struggled to perform, primarily due to the protracted Ripple and SEC litigation. Dec m, according to Changelly analysts, XRP could reach $1 by May 2025, potentially affected by the outcome of Ripple's ongoing legal battle with the SEC. However, if the case ends in favor of Ripple, it could provide a boost to the price of XRP.
#binance

🚀 Bitcoin News! 🚀
Bitcoin is preparing for a huge change! 💥
The market is getting more liquid, indicating a major shift coming soon..

Source: Conversation with Bing, 2/16/2024
(1) Bitcoin (BTC) is up 12% this month in part due to thin liquidity -CNBC.
(2) What Drives Bitcoin's Price Up or Crashing Down? - #Coindesk
(3) Why Is Bitcoin Going Up? –#Forbes .
#Write2Earn

Forbes has established permanent land within The Sandbox metaverse, marking a deeper dive into the Web3 space and solidifying its belief in the metaverse's transformative potential. The virtual estate will serve as a community hub, offering interactive experiences, workshops, and events to bring together thinkers, leaders, and innovators.

#Forbes #Sandbox #Metaverse #sand

Tesla's Quarter Results Shake Elon Musk's Wealth Overnight. 🤯😓

On January 26, 2024, Tesla faced a significant setback with fourth-quarter results falling short of expectations. The repercussions were felt immediately, causing a 12.13% drop in Tesla's stock, closing at $182.63. Post-market trading continued the decline with an additional 0.64%.

Elon Musk, CEO of Tesla and owner of around 21% of the company's shares, saw a drastic decline in his net worth overnight. Forbes calculated a staggering $18.8 billion loss. Despite this setback, Musk retains the title of the world's richest person, with a net worth of $204 billion, surpassing Jeff Bezos by $25 billion.

Musk's wealth, now at $204 billion, reflects a significant drop. Tesla's shares recorded a year-to-date decline of over 26%, indicating a challenging period for the electric car company.

Elon Musk continues to hold the coveted title of the world's wealthiest individual, even after the substantial overnight loss. His net worth, though diminished, remains notably higher than Jeff Bezos, who trails by $25 billion.

The disappointing quarterly results and subsequent stock decline raise questions about Tesla's near-term financial outlook and market performance. Investors and analysts will closely monitor Tesla's strategies and future developments to assess the company's resilience.

Tesla's recent financial challenges have not only impacted the company's stock performance but have also had a substantial effect on Elon Musk's wealth. The electric vehicle market dynamics and Tesla's strategic decisions will play a crucial role in determining the company's future trajectory amidst these setbacks. Stay tuned for updates as the story unfolds.

#Forbes #ForbesRanking #elonMusk #Tesla

⚠️Breaking Update⚠️

#Forbes reveals #BlackRock 's strategy to streamline operations with a proposed reduction of 3% in its workforce. As per sources on January 7th, an imminent announcement is expected, indicating a global cut of around 600 employees.

🚀 Crypto Quake Alert: Forbes Forecasts Ripple’s XRP to Lead $48.3 Trillion Surge

Forbes is making waves with a bold prediction, positioning Ripple’s XRP at the epicenter of a seismic shift in the crypto landscape. Figures like former NYSE president Tom Farley foresee an imminent capital influx, with XRP set to be a major beneficiary.

🔮 Farley’s Vision: ETF Approval as the Catalyst

Farley anticipates a significant shakeup in the crypto realm, with XRP poised for transformative gains upon the approval of Bitcoin and XRP spot exchange-traded funds (ETFs). This move is projected to unleash an unprecedented $48.3 trillion surge into the XRP and Bitcoin markets.

🌐 Market Dynamics: ETF Momentum Reshaping Crypto

The approval of these ETFs, especially in the context of the U.S. government signaling potential challenges for Binance, is seen as a trigger for an unparalleled influx of capital. Farley emphasizes the likelihood of money “flooding” into the market once the long-awaited Bitcoin spot ETF receives regulatory approval.

🔄 Reshaping the Landscape: BlackRock’s Strategic Moves and Ongoing ETF Boom

BlackRock’s strategic maneuvers and the ongoing ETF boom are set to reshape the cryptocurrency landscape, with XRP positioned to reap significant benefits. Forbes highlights the transformative potential of these developments, placing XRP at the center of this impending financial evolution.

🚀 Looking Ahead: Navigating the Crypto Market

As the crypto community gears up for the Bitcoin halving and an exciting 2024, Forbes suggests subscribing to their CryptoAsset & Blockchain Advisor. Stay ahead of the game, navigate the crypto market’s rollercoaster, and seize opportunities during this transformative period.

🌐 For the latest crypto insights, follow Blockopedia Navigate the evolving crypto landscape with confidence! 🚀

#BTC #Forbes #crypto #cryptocurrency #crypto2023

Aliko Dangote Leads Africa's Wealth Rankings Once Again. 🌍🤑👨🏻‍💼

Nigerian entrepreneur Aliko Dangote maintains his position at the pinnacle of Forbes Magazine's 2024 "Africa's Richest" list with a fortune of $13.9 billion.

Dangote, who ascended to the top for the 13th time in 2023 by increasing his wealth by $400 million, stands out for his income derived from cement production.

Despite economic challenges in his country, Dangote continues to elevate his financial assets, showcasing a sustained trajectory of success.

In the list of Africa's wealthiest, South African Johann Rupert secures the second position, while the third spot goes to South African Nicky Oppenheimer.

The 20-person list, featuring individuals from Egypt, Algeria, Morocco, Zimbabwe, and Tanzania, collectively represents a wealth of $82.4 billion.

Aliko Dangote's ongoing success trajectory once again sheds light on Africa's economic dynamism and his impactful presence in the business world.

#Africa #AlikoDangote #Forbes #SouthAfrica

🔥🔥🔥Forbes Selected SHIB DOGE and BNB Among the Top 10 Cryptocurrencies to Invest in

Forbes recently revealed the top 10 cryptocurrencies to invest in in March 2024, and Shiba Inu has entered the list. The only two meme currency-inspired coins on the list were Shiba Inu and Dogecoin.

Development indicators that the ship is attracting eyeballs in the mainstream media and leading financial institutions such as Forbes are considering the token. The Forbes outlet acknowledged that Dogecoin started out as a joke but is now a serious competitor for investments.
Forbes noticed Shiba Inu after experiencing an increase of close to 280% in the last 30 days. This year, Bitcoin has outperformed Ethereum and the US stock market by a large margin. Even Bitcoin, Ethereum and the broader cryptocurrency market, with the exception of a few other meme tokens such as Pepe, did not triple the price as Shib did.

Shiba Inu Meets Forbes' Eye.
While the dog-themed token is rising rapidly in the indices, SHIB is now being noticed by Forbes. According to Forbes, the top 10 cryptocurrencies that can be invested in March 2024 are as follows:

Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
Binance Coin (#BNB )
Solana (LEFT)
Ripple (XRP)
US Dollar Currency (USDC)
Cardano (ADA)
Dogecoin (#DOGE )
Shiba Inu (#SHIB )
Although Shiba Inu was the last one on the Forbes list, it still managed to enter the prestigious top 10 cryptocurrency investments. December. The development shows that SHIB now stands shoulder to shoulder with the leading investments in the financial sector.

Read here to find out how high SHIB can trade on the charts next month. The upcoming Bitcoin halving may push up the SHIB price and generate more profit. If he manages to erase another zero, Forbes can move shib up the list. Therefore, the next two months look promising for Bitcoin, SHIB and the general cryptocurrency market.
#Forbes #binance

Forbes has launched the Legacy Pass, a membership club for entrepreneurs, creators, and change-makers within the Web3 community.

The non-transferable, soulbound passes, minted on the Ethereum blockchain, represent a permanent, personal connection to the Forbes brand, aiming to foster innovation and growth within the community.

#Forbes #nft #legacypass #HotTrends

#BTC
#Forbes 5
#Kristjan’s strategy How to become successful in trading .
Some Great valuable lessons

Position Size & Risk
✜ According to Kristjan’s strategy, never hold more than 30% of your position overnight.
✜ Typically, he holds only 10-20% of a position overnight, with a risk of 0.25-1%.
✜ If your portfolio is under $1M, he suggests increasing your risk to 0.5-1.5%.

💎Risk-Reward
✜ The key isn’t making a profit on every trade but managing risk effectively.
✜ Kristjan’s win rate is around 30%, meaning only 3 out of 10 trades will be winners, but those will cover the losses.
✜ So, manage your risk-reward ratio and don’t expect profits from every single trade.

💎The Breakout Trade
✜ Breakout trading is Kristjan’s preferred strategy.
✜ Price movements often occur in steps, moving from one range to another before consolidating and continuing. He profits from these breakouts.

💎Position Management
✜ He suggests selling 1/3 to 1/5 of a position within 3-5 days of entry, then moving the stop-loss to breakeven.
✜ Use a trailing stop guided
the 10-day or 20-day moving average. If the price falls below the average, close the position.

💎Flag Breakout
✜ Kristjan’s second-favorite strategy is the Flag Breakout. ✜ After a prolonged price rise followed by consolidation, there’s often a breakout—this is where Kristjan places his trades.
💎Stay Focused, Ignore the Bears
✜ Many people tend to focus on the potential negatives, but Kristjan remains focused on the bigger picture.
✜ He started trading in 2011, and on a larger timeframe, the market has continually trended upward.
Don’t let bearish opinions distract you from long-term success.
#BinanceLaunchpoolHMSTR #FTXSolanaRedemption #DOGSONBINANCE #dogs

#write2earn Unpacking #Forbes ' Critique: Are #XRP , #ADA , and Others Truly 'Crypto Zombies'? #cardano
$XRP $ADA $ETC

Forbes recently published a research article dubbing several prominent cryptocurrencies, such as XRP and ADA, as "crypto zombies." This term characterizes layer-1 blockchains with substantial market value but limited real-world applications beyond speculative trading.

The article singles out Ripple Labs, the driving force behind XRP, as a prime example of a crypto zombie. Despite XRP's active trading volume, Forbes argues its utility remains confined to market speculation.

Ethereum Classic (ETC) also makes the list due to its significant market value but comparatively low network fees. Originating from a hard fork resulting from the DAO incident in 2016, Ethereum Classic emerged as a continuation of Ethereum's original blockchain.

Algorand, once hailed as an "Ethereum killer" for its high transaction throughput, faces scrutiny from Forbes for its low income from blockchain transaction fees, indicating a lack of practical utility.

The mention of Cardano came as a surprise, with Forbes suggesting it rides on the popularity of its founder, Charles Hoskinson, and raising concerns about his educational background.

Supporters of Cardano counter these claims, highlighting its active ecosystem and tangible value beyond speculation. They point to network growth and ongoing development as proof of its vitality and relevance.

While Forbes' assessments may seem critical to community members, it's essential to remember they represent individual perspectives, not absolute truths. Some projects cited indeed struggle with utility, while others thrive with robust ecosystems and use cases.

Forbes news today.

Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world. What is the Shiba Inu community working on right now? The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO

#TrendingTopic #Forbes #SHIB/𝗨𝗦𝗗𝗧 #BullRally #DOGE

$SHIB $DOGE $BTC

🇺🇸Winklevoss Twins Donate $BTC to Trump:

📢 The #Winklevoss twins donated 30.94 Bitcoin, worth over $2 million, to #Donald Trump to “put an end to the Biden Admin’s war on crypto.” 🇺🇸

🌐Source: #Forbes