asset
70,433 visningar
42 Inlägg
Rekommenderas
Senaste
Most #HODLERS Unwilling to Sell Bitcoin Even After It Reaches $70,000 - #CryptoQuant
🚀 After the price of the first cryptocurrency touched the $70,000 level, most of the coins remain inactive, indicating long-term confidence in the #asset .
The lack of on-chain movements of such a large portion of the supply may suggest further price increases, experts added. In other words, the sentiment remains "stubbornly bullish." 🐃
#StartInvestingInCrypto #BnbAth
🚀 After the price of the first cryptocurrency touched the $70,000 level, most of the coins remain inactive, indicating long-term confidence in the #asset .
The lack of on-chain movements of such a large portion of the supply may suggest further price increases, experts added. In other words, the sentiment remains "stubbornly bullish." 🐃
#StartInvestingInCrypto #BnbAth
Investing in #cryptocurrency provides a unique opportunity to diversify your investment portfolio. Unlike traditional assets such as #stocks and bonds, cryptocurrencies operate independently of central #banks and financial institutions. This independence can help hedge against economic instability and inflation. By including cryptocurrencies in your #portfolio , you spread risk across different #asset classes, potentially improving your overall financial stability.
Value Of $10,000 Invested 12 Years Ago...!!🤯🔥
#crypto2023 #Bitcon #storeofvalue #asset #cryptoonindia
#crypto2023 #Bitcon #storeofvalue #asset #cryptoonindia
👉👉👉 #tether CEO Paolo Ardoino Reveals His Next Big Project
Tether (USDT) CEO Paolo Ardoino has revealed that the company is gearing up to unveil its tokenization platform to the public.
Ardoino made the announcement via its official X account, hailing the platform as a "masterpiece" poised to redefine the #Tokenization landscape with its innovative features. Notably, the platform will operate on a non-custodial basis, granting users complete control over their assets.
In line with its vision, the platform is designed to support a diverse array of chains and #asset types, catering to a broad spectrum of user requirements. From traditional assets like bonds, stocks, and funds to unconventional items like coffee shop reward points, users will have the flexibility to tokenize virtually anything.
A key highlight of the platform, as highlighted by Ardoino, is its extensive customization options. Users will have the ability to tailor their experience to suit their specific preferences, ensuring a truly user-centric platform.
Ardoino emphasized that the platform will embody the technical prowess of Tether's technology, which underpins USDT, a digital asset with a market capitalization exceeding $107 billion.
(Note: This is not investment advice.)
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Tether (USDT) CEO Paolo Ardoino has revealed that the company is gearing up to unveil its tokenization platform to the public.
Ardoino made the announcement via its official X account, hailing the platform as a "masterpiece" poised to redefine the #Tokenization landscape with its innovative features. Notably, the platform will operate on a non-custodial basis, granting users complete control over their assets.
In line with its vision, the platform is designed to support a diverse array of chains and #asset types, catering to a broad spectrum of user requirements. From traditional assets like bonds, stocks, and funds to unconventional items like coffee shop reward points, users will have the flexibility to tokenize virtually anything.
A key highlight of the platform, as highlighted by Ardoino, is its extensive customization options. Users will have the ability to tailor their experience to suit their specific preferences, ensuring a truly user-centric platform.
Ardoino emphasized that the platform will embody the technical prowess of Tether's technology, which underpins USDT, a digital asset with a market capitalization exceeding $107 billion.
(Note: This is not investment advice.)
#CryptoNews🔒📰🚫 #BinanceSquareTalks
#zkLink has launched Dunkirk Asset Recovery Test campaign
This is a #public simulation of its emergency #asset #withdrawal feature before launching its #Mainnet later this year, allowing users to get back their funds from zkLink’s middleware.
This is a #public simulation of its emergency #asset #withdrawal feature before launching its #Mainnet later this year, allowing users to get back their funds from zkLink’s middleware.
🔥🔥🔥 7 Real World #asset Trends in 2024 That Will Unlock the Future of Finance 🔥🔥🔥
In the ever-evolving financial landscape of the past two years, challenges such as peak U.S. inflation & setbacks in the crypto industry have emerged. Despite this, real-world asset (RWA) tokenization continues to innovate, presenting seven trends for 2024:
1. #Stablecoins Revolutionizing Global Finance: Led by Circle & Paxos, stablecoins with a global market cap of $125 billion are poised for transformative growth, reshaping global payments & trade finance.
2. Tokenized Treasuries Converging Traditional & DeFi: With a $700 million market cap, tokenized treasuries, pioneered by companies like Franklin Templeton, bridge the gap between traditional & decentralized finance.
3. #DEFI Disrupting Private Credit: DeFi lending protocols like Centrifuge & Goldfinch are opening access to the $1 trillion U.S. private credit market for small & medium enterprises.
4. Backed #NFTs Democratizing Collectible Financing: Decentralized protocols like 4K & arcade. xyz are democratizing lending for collectors worldwide by bringing physical collectibles onto the blockchain.
5. Consumer Brand NFTs Enhancing Customer Engagement: Leading brands like Nike & Louis Vuitton are leveraging NFTs to shape the future of consumer interaction on both public & private blockchains.
6. DeFi Driving Positive Change in Climate Finance: #Blockchain technology, exemplified by companies like Flowcarbon, is catalyzing positive change in the $2 billion carbon market, addressing ESG concerns.
7. Tokenized Deposits & Wholesale Settlements Reshaping Cross-Border Transactions: Blockchain is transforming how banks handle tokenized deposits & wholesale settlements, with pilots by industry giants indicating the potential for instantaneous cross-border transactions.
These RWA trends mark a transformative era in finance, addressing persistent challenges. Despite modest market capitalization, they represent the foundational elements shaping a more inclusive, efficient & sustainable financial future in 2024.
In the ever-evolving financial landscape of the past two years, challenges such as peak U.S. inflation & setbacks in the crypto industry have emerged. Despite this, real-world asset (RWA) tokenization continues to innovate, presenting seven trends for 2024:
1. #Stablecoins Revolutionizing Global Finance: Led by Circle & Paxos, stablecoins with a global market cap of $125 billion are poised for transformative growth, reshaping global payments & trade finance.
2. Tokenized Treasuries Converging Traditional & DeFi: With a $700 million market cap, tokenized treasuries, pioneered by companies like Franklin Templeton, bridge the gap between traditional & decentralized finance.
3. #DEFI Disrupting Private Credit: DeFi lending protocols like Centrifuge & Goldfinch are opening access to the $1 trillion U.S. private credit market for small & medium enterprises.
4. Backed #NFTs Democratizing Collectible Financing: Decentralized protocols like 4K & arcade. xyz are democratizing lending for collectors worldwide by bringing physical collectibles onto the blockchain.
5. Consumer Brand NFTs Enhancing Customer Engagement: Leading brands like Nike & Louis Vuitton are leveraging NFTs to shape the future of consumer interaction on both public & private blockchains.
6. DeFi Driving Positive Change in Climate Finance: #Blockchain technology, exemplified by companies like Flowcarbon, is catalyzing positive change in the $2 billion carbon market, addressing ESG concerns.
7. Tokenized Deposits & Wholesale Settlements Reshaping Cross-Border Transactions: Blockchain is transforming how banks handle tokenized deposits & wholesale settlements, with pilots by industry giants indicating the potential for instantaneous cross-border transactions.
These RWA trends mark a transformative era in finance, addressing persistent challenges. Despite modest market capitalization, they represent the foundational elements shaping a more inclusive, efficient & sustainable financial future in 2024.
Is Bitcoin Creating Millionaires Faster Than Ever Before? 👀
#Bitcoin 's soaring value has led to a surge in millionaires, with over 91,000 wallets holding at least $1 million in BTC, nearly quadrupling since January 2023.
The cryptocurrency's resurgence from a prolonged bear market saw a 160% gain in USD value, propelling it to become the ninth most valuable #asset globally.
As interest grows, there's a potential squeeze in supply due to its fixed 21 million unit limit. A survey suggests around 40,500 individuals could hold wealth in Bitcoin, seeking financial security amidst potential crypto bans and stringent fiscal policies.
Moreover, the number of "wholecoiners" (those with at least 1 #BTC ) has surpassed 1 million for the first time.
#Binance
#crypto2024
#Bitcoin 's soaring value has led to a surge in millionaires, with over 91,000 wallets holding at least $1 million in BTC, nearly quadrupling since January 2023.
The cryptocurrency's resurgence from a prolonged bear market saw a 160% gain in USD value, propelling it to become the ninth most valuable #asset globally.
As interest grows, there's a potential squeeze in supply due to its fixed 21 million unit limit. A survey suggests around 40,500 individuals could hold wealth in Bitcoin, seeking financial security amidst potential crypto bans and stringent fiscal policies.
Moreover, the number of "wholecoiners" (those with at least 1 #BTC ) has surpassed 1 million for the first time.
#Binance
#crypto2024
Choicese (CHC-SES) Revolutionizes Indian Asset Management with a Groundbreaking $10 Billion #Fund
In a move that signifies a major shift in the Indian financial landscape, Choicese (CHC-SES) has recently entered the market, wielding a formidable $10 billion fund. This entry not only diversifies the #asset management options available to Indian #investors but also introduces a new paradigm in personal financial management.
Key Offerings and Strategic Impact
Innovative Trading Platform: Choicese debuts with a cutting-edge trading platform, enhancing the #trading experience in equities, commodities, and currencies. The integration of advanced analytical tools and real-time maret updates positions investors to capitalize on market movements effectively.
Expansive Mutual Fund Selection: The company provides an extensive array of mutual funds, including equity, debt, and hybrid options. This broad selection caters to a variety of investment strategies and risk profiles, empowering investors with choices that align with their long-term financial aspirations.
Personalized Insurance Options: Emphasizing the need for comprehensive financial #security🔒 Choicese introduces a range of customized insurance products. This initiative ensures that clients have access to the right insurance coverage, from life and health to general insurance, catering to their unique circumstances.
Simplified Loan Processes: With a focus on accessibility, Choicese streamlines the process for obtaining personal loans. This approach minimizes paperwork and maximizes efficiency, addressing diverse needs like education, healthcare, and other personal investments.
In a move that signifies a major shift in the Indian financial landscape, Choicese (CHC-SES) has recently entered the market, wielding a formidable $10 billion fund. This entry not only diversifies the #asset management options available to Indian #investors but also introduces a new paradigm in personal financial management.
Key Offerings and Strategic Impact
Innovative Trading Platform: Choicese debuts with a cutting-edge trading platform, enhancing the #trading experience in equities, commodities, and currencies. The integration of advanced analytical tools and real-time maret updates positions investors to capitalize on market movements effectively.
Expansive Mutual Fund Selection: The company provides an extensive array of mutual funds, including equity, debt, and hybrid options. This broad selection caters to a variety of investment strategies and risk profiles, empowering investors with choices that align with their long-term financial aspirations.
Personalized Insurance Options: Emphasizing the need for comprehensive financial #security🔒 Choicese introduces a range of customized insurance products. This initiative ensures that clients have access to the right insurance coverage, from life and health to general insurance, catering to their unique circumstances.
Simplified Loan Processes: With a focus on accessibility, Choicese streamlines the process for obtaining personal loans. This approach minimizes paperwork and maximizes efficiency, addressing diverse needs like education, healthcare, and other personal investments.
Navigating Short Squeeze Dynamics in the Cryptocurrency Landscape: Strategies and Insights
Examining the Concept of Short Squeeze in the Cryptocurrency Context
The phenomenon referred to as a "short squeeze" holds significant relevance for individuals engaged in the realm of investment and trading, particularly those who base their decisions on the expectation of a decrease in the value of a particular asset, encompassing both traditional stocks and cryptocurrencies. A short squeeze, also known as a "bear squeeze," materializes when the value of an #asset experiences a rapid and substantial increase, prompting those who had undertaken short positions to unwind their positions by purchasing the asset at a higher market rate.
Notably, within the cryptocurrency landscape, a short squeeze is often associated with market #manipulation due to its propensity to deviate from the projected trajectory of the asset's valuation. This divergence is often attributed to coordinated efforts among multiple traders. This intricate situation can yield profitable opportunities for certain participants while potentially exposing others to significant financial losses, particularly those whose carefully devised short-term strategies are disrupted.
Navigating Short Squeeze Dynamics in the Cryptocurrency Landscape:
Strategic Approaches for Navigating Short Squeeze Scenarios
A crucial factor driving pronounced short-term fluctuations in market dynamics, short squeezes possess the capability to generate substantial surges in asset prices. In light of this, the following strategic considerations are offered for effectively navigating instances of short squeeze:
Heightened Vigilance: The rapid and intense market movements inherent in short squeezes demand heightened vigilance. Neglecting to closely monitor these developments can lead to substantial losses, given the potential for price movements that surpass the bounds of typical market fluctuations.
Magnified Buyer Activity: The volatility associated with short squeezes tends to attract additional buyers, thereby amplifying purchasing activity and potentially propelling asset values to exceptionally high levels.
Prudent Risk Management: Implementing robust risk management strategies is essential, especially when holding short positions overnight, to mitigate the risk of being caught in the complexities of a short squeeze.
Nuanced Interpretation: Recognizing that endeavors to repurchase shorted assets are not universally driven by positive news is crucial. Certain circumstances, such as the recall of borrowed shares by the prime broker, can trigger a rush to repurchase assets.
Familiarity with Short Interest Ratio (SIR): Gaining proficiency in understanding the Short Interest Ratio (SIR) is pivotal. This metric gauges the ratio of shorted shares relative to the asset's average daily trading volume.
In conclusion, the concept of a short squeeze is a dynamic facet within the #cryptocurrency domain, underscoring its potential to disrupt anticipated trajectories and give rise to intricate market dynamics. Approaching such scenarios with astute comprehension and well-calibrated strategies is essential for investors seeking to navigate the nuanced terrain of short squeezes effectively.
I hope you like this Article, Don't Forget to Give a Like & Share with the #Crypto Community.
The phenomenon referred to as a "short squeeze" holds significant relevance for individuals engaged in the realm of investment and trading, particularly those who base their decisions on the expectation of a decrease in the value of a particular asset, encompassing both traditional stocks and cryptocurrencies. A short squeeze, also known as a "bear squeeze," materializes when the value of an #asset experiences a rapid and substantial increase, prompting those who had undertaken short positions to unwind their positions by purchasing the asset at a higher market rate.
Notably, within the cryptocurrency landscape, a short squeeze is often associated with market #manipulation due to its propensity to deviate from the projected trajectory of the asset's valuation. This divergence is often attributed to coordinated efforts among multiple traders. This intricate situation can yield profitable opportunities for certain participants while potentially exposing others to significant financial losses, particularly those whose carefully devised short-term strategies are disrupted.
Navigating Short Squeeze Dynamics in the Cryptocurrency Landscape:
Strategic Approaches for Navigating Short Squeeze Scenarios
A crucial factor driving pronounced short-term fluctuations in market dynamics, short squeezes possess the capability to generate substantial surges in asset prices. In light of this, the following strategic considerations are offered for effectively navigating instances of short squeeze:
Heightened Vigilance: The rapid and intense market movements inherent in short squeezes demand heightened vigilance. Neglecting to closely monitor these developments can lead to substantial losses, given the potential for price movements that surpass the bounds of typical market fluctuations.
Magnified Buyer Activity: The volatility associated with short squeezes tends to attract additional buyers, thereby amplifying purchasing activity and potentially propelling asset values to exceptionally high levels.
Prudent Risk Management: Implementing robust risk management strategies is essential, especially when holding short positions overnight, to mitigate the risk of being caught in the complexities of a short squeeze.
Nuanced Interpretation: Recognizing that endeavors to repurchase shorted assets are not universally driven by positive news is crucial. Certain circumstances, such as the recall of borrowed shares by the prime broker, can trigger a rush to repurchase assets.
Familiarity with Short Interest Ratio (SIR): Gaining proficiency in understanding the Short Interest Ratio (SIR) is pivotal. This metric gauges the ratio of shorted shares relative to the asset's average daily trading volume.
In conclusion, the concept of a short squeeze is a dynamic facet within the #cryptocurrency domain, underscoring its potential to disrupt anticipated trajectories and give rise to intricate market dynamics. Approaching such scenarios with astute comprehension and well-calibrated strategies is essential for investors seeking to navigate the nuanced terrain of short squeezes effectively.
I hope you like this Article, Don't Forget to Give a Like & Share with the #Crypto Community.
#BinanceLaunchpool
I prepared a global review on #ETH ⚪️ with a potential entry into the deal.
After a relatively strong correction, the #asset started to buy back, due to which 2 POI zones were formed, which at the moment are the main support zones. If correction starts, we would like to see the reaction from them.
From above, the magnets for the price are the uncovered imbalance at $3473 and a huge level with #liquidity located at the local high.
Potential setup for the deal is as follows:
Entry point: 2% 2957$ + 2% 2900$
🎯Take's:
1. 3100$
2. 3260$
3. 3420$
4. 3600$
5. 3725$
⛔️Stop-loss:
2785$
When entering a position, we strictly observe the Risks per transaction.
#bitcoinhalving
I prepared a global review on #ETH ⚪️ with a potential entry into the deal.
After a relatively strong correction, the #asset started to buy back, due to which 2 POI zones were formed, which at the moment are the main support zones. If correction starts, we would like to see the reaction from them.
From above, the magnets for the price are the uncovered imbalance at $3473 and a huge level with #liquidity located at the local high.
Potential setup for the deal is as follows:
Entry point: 2% 2957$ + 2% 2900$
🎯Take's:
1. 3100$
2. 3260$
3. 3420$
4. 3600$
5. 3725$
⛔️Stop-loss:
2785$
When entering a position, we strictly observe the Risks per transaction.
#bitcoinhalving
Safe, formerly Gnosis Safe, serves as a highly secured asset management platform
According to a report by #Messari, over $50 billion #worth of assets are now stored in Safe (previously Gnosis Safe) #smart #contract accounts. Safe is an #asset management platform that offers highly secure storage for digital assets with its smart contract capabilities
$ETH
According to a report by #Messari, over $50 billion #worth of assets are now stored in Safe (previously Gnosis Safe) #smart #contract accounts. Safe is an #asset management platform that offers highly secure storage for digital assets with its smart contract capabilities
$ETH
Grayscale CEO Steps Down, Binance Issues Important Update on Token Listing Strategy, Litecoin Whales
@WISE CRYPTO NEWS ’s daily news digest keeps you informed of the most important updates in the crypto industry
#Grayscale CEO steps down
Binance issues important update on token listing strategy
Litecoin ($LTC ) whales waking up
@WISE CRYPTO NEWS presents the top three news stories over the past day.
Grayscale CEO steps down
According to a recent press release, Michael Sonneshein, CEO at Grayscale, has stepped down from his position "to pursue other interests" after working at the company for 10 years. Succeeding Sonnenshein is Peter Mintzberg, global head of strategy for asset and wealth management at Goldman Sachs, with over 20 years of experience across the world’s leading #asset managers. Mintzberg will take up his new position on Aug. 15, 2024, joining Grayscale's Board of Directors at the same time. Following the CEO transition, Barry Silbert, founder and CEO of Digital Currency Group, took to social media to thank Sonnenshein for guiding the firm through exponential growth and to wish him "the best in his future endeavors." Sonneshein, in turn, thanked Silbert for his vision while wishing the Grayscale team "every success."
Binance issues important update on token listing strategy
In a recent announcement, Binance revealed its plans to make a drastic change to its token listing strategy. As stated in Binance's blog post, the exchange spotted a trend of listing predominantly high-value projects with low circulating supplies; such market structure causes concerns, wrote Binance in its recent report titled "Low Float & High FDV: How Did We Get Here?" as it leaves little sustainable upside for traders after the token generation event. To foster a healthy industry with a variety of market participants, Binance is stepping forward, providing support to smaller- to medium-valued projects. According to Binance, project owners may apply for listing on its platform through any of its channels. However, to qualify for listing as a small- or medium-cap project, applicants must have a Minimum Viable Product (MVP).
Litecoin (LTC) whales waking up
Over the past month, Litecoin whales have gone on a major accumulation spree. Data provided by #IntoTheBlock shows that in the last 30 days alone, Litecoin whale addresses have accumulated 2,751,633 LTC. The peak of activity occurred on May 10, when whale addresses saw a net inflow of over 900,000 LTC. Such accumulation could signal a major change in the Litecoin ecosystem and a rise in confidence among major holders. Especially notable was the May 10 single-day net inflow of over 900,000 LTC. This indicates a significant change in whale behavior, marking the largest daily accumulation of whale addresses since February. Previously, @WISE CRYPTO NEWS reported that the #Litecoin network had processed over 245 million transactions since its inception, with a notable 39 million of those transactions occurring in 2024 alone. It is possible that whales are setting up to capitalize on Litecoin's impending developments.#BTC
#Grayscale CEO steps down
Binance issues important update on token listing strategy
Litecoin ($LTC ) whales waking up
@WISE CRYPTO NEWS presents the top three news stories over the past day.
Grayscale CEO steps down
According to a recent press release, Michael Sonneshein, CEO at Grayscale, has stepped down from his position "to pursue other interests" after working at the company for 10 years. Succeeding Sonnenshein is Peter Mintzberg, global head of strategy for asset and wealth management at Goldman Sachs, with over 20 years of experience across the world’s leading #asset managers. Mintzberg will take up his new position on Aug. 15, 2024, joining Grayscale's Board of Directors at the same time. Following the CEO transition, Barry Silbert, founder and CEO of Digital Currency Group, took to social media to thank Sonnenshein for guiding the firm through exponential growth and to wish him "the best in his future endeavors." Sonneshein, in turn, thanked Silbert for his vision while wishing the Grayscale team "every success."
Binance issues important update on token listing strategy
In a recent announcement, Binance revealed its plans to make a drastic change to its token listing strategy. As stated in Binance's blog post, the exchange spotted a trend of listing predominantly high-value projects with low circulating supplies; such market structure causes concerns, wrote Binance in its recent report titled "Low Float & High FDV: How Did We Get Here?" as it leaves little sustainable upside for traders after the token generation event. To foster a healthy industry with a variety of market participants, Binance is stepping forward, providing support to smaller- to medium-valued projects. According to Binance, project owners may apply for listing on its platform through any of its channels. However, to qualify for listing as a small- or medium-cap project, applicants must have a Minimum Viable Product (MVP).
Litecoin (LTC) whales waking up
Over the past month, Litecoin whales have gone on a major accumulation spree. Data provided by #IntoTheBlock shows that in the last 30 days alone, Litecoin whale addresses have accumulated 2,751,633 LTC. The peak of activity occurred on May 10, when whale addresses saw a net inflow of over 900,000 LTC. Such accumulation could signal a major change in the Litecoin ecosystem and a rise in confidence among major holders. Especially notable was the May 10 single-day net inflow of over 900,000 LTC. This indicates a significant change in whale behavior, marking the largest daily accumulation of whale addresses since February. Previously, @WISE CRYPTO NEWS reported that the #Litecoin network had processed over 245 million transactions since its inception, with a notable 39 million of those transactions occurring in 2024 alone. It is possible that whales are setting up to capitalize on Litecoin's impending developments.#BTC
if you want to know why I endorse the #DYMENSION #coin #DYM being launched today, pay attention to this analysis;
#Liquidity: The Dymension hub hosts an embedded liquidity layer that facilitates #asset pricing, swapping and efficient token routing across the ecosystem.
for this singular reason,I believe this token will fly.
This is not a financial advice rather I will encourage you to DYOR.
#Liquidity: The Dymension hub hosts an embedded liquidity layer that facilitates #asset pricing, swapping and efficient token routing across the ecosystem.
for this singular reason,I believe this token will fly.
This is not a financial advice rather I will encourage you to DYOR.
1. The Australian Senate Economics Legislation Committee has introduced the Digital Assets (Market Regulation) Bill 2023.
2. The bill's primary goal is to establish a licensing system for digital assets and impose reporting requirements for the circulation of the Australian Central Bank's digital currency (CBDC).
3. It provides clear definitions for digital assets, #digital #asset exchanges, and stablecoins, along with authorization requirements for various digital asset activities, including exchanges and custody.
4. The regulation of #crypto assets in #Australia hinges on whether they are considered financial products, subject to the #Corporations Act and ASIC Act, or not, regulated under the CC Act.
5. The bill, initially proposed by Senator Andrew Bragg, has undergone review and was set for a report by the Senate Economics Legislation Committee, with several delays before the final report date of September 4, 2023.
2. The bill's primary goal is to establish a licensing system for digital assets and impose reporting requirements for the circulation of the Australian Central Bank's digital currency (CBDC).
3. It provides clear definitions for digital assets, #digital #asset exchanges, and stablecoins, along with authorization requirements for various digital asset activities, including exchanges and custody.
4. The regulation of #crypto assets in #Australia hinges on whether they are considered financial products, subject to the #Corporations Act and ASIC Act, or not, regulated under the CC Act.
5. The bill, initially proposed by Senator Andrew Bragg, has undergone review and was set for a report by the Senate Economics Legislation Committee, with several delays before the final report date of September 4, 2023.
1. **MPCVault's Strong Growth:** Non-custodial encrypted wallet service MPCVault has achieved remarkable growth since its #launch in January. It now manages over $500 million in assets and has facilitated asset transfers totaling more than $1 billion.
2. **Innovative Multi-Signature Wallet:** MPCVault offers a #secure and efficient multi-signature wallet service that appeals to users seeking advanced asset management solutions. This service has driven the rapid expansion of assets under its management.
3. **Seed Funding and Market Demand:** Backed by a previously undisclosed $3 million seed funding received in March 2022, MPCVault's significant #asset growth underscores the rising demand for secure non-custodial #wallet options in the dynamic #cryptocurrency market.
2. **Innovative Multi-Signature Wallet:** MPCVault offers a #secure and efficient multi-signature wallet service that appeals to users seeking advanced asset management solutions. This service has driven the rapid expansion of assets under its management.
3. **Seed Funding and Market Demand:** Backed by a previously undisclosed $3 million seed funding received in March 2022, MPCVault's significant #asset growth underscores the rising demand for secure non-custodial #wallet options in the dynamic #cryptocurrency market.
Here’s where Bitcoin ranks among the world’s biggest companies
#Bitcoin (BTC), one of the youngest and most #revolutionary financial assets, has witnessed an extraordinary journey of unprecedented growth.
Since its inception in 2009, this decentralized digital currency has captured the imagination of investors, technologists, and enthusiasts alike, reshaping the landscape of finance and challenging traditional notions of money.
Bitcoin is the world’s 12th-largest asset
As a result of its whopping growth, BTC’s market cap currently stands at around $600 billion, as of July 5. If it were a company cryptocurrency would be the world’s 10th-largest business in terms of market valuation, behind Meta Platforms ($732 billion), Berkshire Hathaway ($747 billion), #Tesla ($887 billion), and #Nvidia ($1.04 trillion).
The world’s largest companies by market cap. Source
However, launched in 2009, it is important to note that Bitcoin is the youngest #asset on this list. For instance, Apple, the largest company on the globe, was founded in 1976. Similarly, Microsoft started its journey in 1975, while the likes of Tesla, Meta, and Alphabet, were founded in 2003, 2004, and 1998.
Additionally, Bitcoin’s current market cap of $602 million is roughly half of its all-time high during the bull run in late 2021. At that time, Bitcoin’s price peaked at nearly $69,000, elevating its market valuation beyond $1.2 trillion.
BTC’s market cap chart since its inception. Source: CoinMarketCap
Meanwhile, a flurry of major institutional investors, including BlackRock and Fidelity Investments, have recently filed applications to launch spot Bitcoin exchange-traded funds (ETFs). If approved, it would give US investors direct access to BTC through some of the biggest Wall Street giants, and likely provide the much-needed institutional adoption boost.
Assuming it can exceed its previous record highs and taking into consideration that it is yet to witness mainstream adoption, BTC has the potential to become one of the most valuable financial assets in the world.
Since its inception in 2009, this decentralized digital currency has captured the imagination of investors, technologists, and enthusiasts alike, reshaping the landscape of finance and challenging traditional notions of money.
Bitcoin is the world’s 12th-largest asset
As a result of its whopping growth, BTC’s market cap currently stands at around $600 billion, as of July 5. If it were a company cryptocurrency would be the world’s 10th-largest business in terms of market valuation, behind Meta Platforms ($732 billion), Berkshire Hathaway ($747 billion), #Tesla ($887 billion), and #Nvidia ($1.04 trillion).
The world’s largest companies by market cap. Source
However, launched in 2009, it is important to note that Bitcoin is the youngest #asset on this list. For instance, Apple, the largest company on the globe, was founded in 1976. Similarly, Microsoft started its journey in 1975, while the likes of Tesla, Meta, and Alphabet, were founded in 2003, 2004, and 1998.
Additionally, Bitcoin’s current market cap of $602 million is roughly half of its all-time high during the bull run in late 2021. At that time, Bitcoin’s price peaked at nearly $69,000, elevating its market valuation beyond $1.2 trillion.
BTC’s market cap chart since its inception. Source: CoinMarketCap
Meanwhile, a flurry of major institutional investors, including BlackRock and Fidelity Investments, have recently filed applications to launch spot Bitcoin exchange-traded funds (ETFs). If approved, it would give US investors direct access to BTC through some of the biggest Wall Street giants, and likely provide the much-needed institutional adoption boost.
Assuming it can exceed its previous record highs and taking into consideration that it is yet to witness mainstream adoption, BTC has the potential to become one of the most valuable financial assets in the world.
