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KITHA surges 14,000%; SHIB, BONK & DOGE trail before ME exchange listing. [Character count: 87]While early investors in memcoins like Shiba Inu (SHIB) and Dogecoin (DOGE) have realized astronomical returns, Kitty With Hat (KITHAT) offers a similar opportunity for a limited time. Kitty With Hat (KITHAT) is a recently launched #Solana memcoin. Former investors Shiba Inu (SHIB), #Bonk (BONK), and #Dogecoin (DOGE) have poured money into the new token, which is within days or more and ready to explode upwards. Within days, KITHAT will be listed on MEXC, one of the largest centralized exchanges in the world, which is a very favorable development for the token and will make it easier for millions of new investors to buy Kitty With Hat. Currently, Kitty With Hat can only be purchased on decentralized Solana exchanges such as Jupiter and Raydium, where early investors will be able to make significant profits in the coming days. To buy KITHAT on these platforms, users connect their Solflare, MetaMask or Phantom wallet and enter the contract address - 3Wdkgv1iTBQ9MnvA4TkAefe2SLdtSKfHwZbhKcEMZk8 in the get exchange Solana for Homo Pepe field. KITHAT currently has a market value of just under $10,000 and liquidity of just over $4,000, implying significant upside potential. Early investors could realize returns similar to those invested in Shiba Inu (SHIB), Dogecoin (DOGE), and Bonk (BONK). Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #TokenEconomy #transscreen.ru

KITHA surges 14,000%; SHIB, BONK & DOGE trail before ME exchange listing. [Character count: 87]

While early investors in memcoins like Shiba Inu (SHIB) and Dogecoin (DOGE) have realized astronomical returns, Kitty With Hat (KITHAT) offers a similar opportunity for a limited time.

Kitty With Hat (KITHAT) is a recently launched #Solana memcoin. Former investors Shiba Inu (SHIB), #Bonk (BONK), and #Dogecoin (DOGE) have poured money into the new token, which is within days or more and ready to explode upwards.
Within days, KITHAT will be listed on MEXC, one of the largest centralized exchanges in the world, which is a very favorable development for the token and will make it easier for millions of new investors to buy Kitty With Hat.
Currently, Kitty With Hat can only be purchased on decentralized Solana exchanges such as Jupiter and Raydium, where early investors will be able to make significant profits in the coming days.
To buy KITHAT on these platforms, users connect their Solflare, MetaMask or Phantom wallet and enter the contract address - 3Wdkgv1iTBQ9MnvA4TkAefe2SLdtSKfHwZbhKcEMZk8 in the get exchange Solana for Homo Pepe field.
KITHAT currently has a market value of just under $10,000 and liquidity of just over $4,000, implying significant upside potential.
Early investors could realize returns similar to those invested in Shiba Inu (SHIB), Dogecoin (DOGE), and Bonk (BONK).
Read us at: Compass Investments
#TokenEconomy #transscreen.ru
翻译
Solan's new mimcoin, Homo Pepe (HOMPEPE), rose 8,000% in 48 hours and beat Shiba Inu and Bonk.Homo Pepe (HOMPEPE) has the potential to become a viral memecoin like Shiba Inu (SHIB) and Bonk (BONK). Homo #Pepe (HOMPEPE), a recently launched Solana memecoin, aims to challenge other giant #memecoins like #Shiba Inu (SHIB) and #Bonk (BONK). Early investors in #SHIB and Bonk have realized astronomical returns, and Homo Pepe represents a similar opportunity. Homo Pepe currently has a market value of less than $15,000. This means that with a market value of $200,000 to $500,000, early investors could realize a return of 2,000 to 5,000% in a matter of days or hours. Memcoin could rise 5,300% over the next two days, and Homo Pepe could reach a market capitalization of several million dollars within a few weeks. Currently, Homo Pepe can only be purchased on decentralized solanium exchanges such as Jupiter and Raydium, and the first investors could make huge profits in the coming days. To buy Homo Pepe on these platforms, users connect their Solflare, MetaMask or Phantom wallets and accept the contract address - HmnxTLpi2QYp9LCB1p8yFgR3X5xqVmE4eAnWU4xMYGe1 field, Solana and Homo Pepe must be exchanged. Indeed, early investors may get returns similar to those who invested in Shibai Inu (SHIB) and Bonk (BONK) before these meme coins went viral and exploded in value. If that happens, a new wave of Mimcoin millionaires could be born within weeks or even sooner. Large mimcoins like Shiba Inu (SHIB), Bonk (BONK), and DogWifHat (WIF) have been trading sideways and losing momentum in recent weeks. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

Solan's new mimcoin, Homo Pepe (HOMPEPE), rose 8,000% in 48 hours and beat Shiba Inu and Bonk.

Homo Pepe (HOMPEPE) has the potential to become a viral memecoin like Shiba Inu (SHIB) and Bonk (BONK).

Homo #Pepe (HOMPEPE), a recently launched Solana memecoin, aims to challenge other giant #memecoins like #Shiba Inu (SHIB) and #Bonk (BONK).
Early investors in #SHIB and Bonk have realized astronomical returns, and Homo Pepe represents a similar opportunity.
Homo Pepe currently has a market value of less than $15,000. This means that with a market value of $200,000 to $500,000, early investors could realize a return of 2,000 to 5,000% in a matter of days or hours.
Memcoin could rise 5,300% over the next two days, and Homo Pepe could reach a market capitalization of several million dollars within a few weeks.
Currently, Homo Pepe can only be purchased on decentralized solanium exchanges such as Jupiter and Raydium, and the first investors could make huge profits in the coming days.
To buy Homo Pepe on these platforms, users connect their Solflare, MetaMask or Phantom wallets and accept the contract address - HmnxTLpi2QYp9LCB1p8yFgR3X5xqVmE4eAnWU4xMYGe1 field, Solana and Homo Pepe must be exchanged.
Indeed, early investors may get returns similar to those who invested in Shibai Inu (SHIB) and Bonk (BONK) before these meme coins went viral and exploded in value.
If that happens, a new wave of Mimcoin millionaires could be born within weeks or even sooner.
Large mimcoins like Shiba Inu (SHIB), Bonk (BONK), and DogWifHat (WIF) have been trading sideways and losing momentum in recent weeks.
Read us at: Compass Investments
翻译
280K new Dogecoin addresses - traders, is this a buy signal?An increase in network activity for an asset often precedes an increase in its price. However, this has not been the case with DOGE. Last week's steady demand for the altcoin did not lead to a significant increase in its price. At the time of writing, #DOGE is trading at $0.15; according to CoinMarketCap, its price has only increased by 2% over the week, with most of that growth occurring in the last 24 hours. The slight increase in DOGE's price over the past seven days reflects the overall market decline seen during this period. Indeed, due to the low trading levels recorded during this period, the cryptocurrency's market capitalization fell below $2.3 trillion on May 1 before recovering. However, DOGE's rise over the past 24 hours is a sign of bullish sentiment. Moreover, according to Santiment, the sentiment-weighted DOGE indicator is currently on track to break the central uptrend line. This indicator tracks the overall market sentiment towards crypto assets. If its value is above zero, it means that the market sentiment is positive. Conversely, when the indicator value is below the zero line, the market sentiment is predominantly bearish. Currently, the weighted sentiment indicator DOGE is at -0.348. If trading activity increases and DOGE continues to rise in the short term, the value of this indicator will increase. AMBCrypto's valuation of DOGE's market realized value ratio (MVRV) is currently giving a buy signal. The indicator is evaluated by the 30-day moving average and showed a negative value of -12.83% at the time of publication. The MVRV ratio tracks the ratio between the current market price of an asset and the average price of each coin or #token purchased for that asset. If the value is greater than one, then the market value of the asset is significantly higher than the price at which most investors purchased it. In such cases, the asset is said to be overvalued. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #CryptoUpdates #GlobalCrypto #DigitalCurrency

280K new Dogecoin addresses - traders, is this a buy signal?

An increase in network activity for an asset often precedes an increase in its price. However, this has not been the case with DOGE. Last week's steady demand for the altcoin did not lead to a significant increase in its price.

At the time of writing, #DOGE is trading at $0.15; according to CoinMarketCap, its price has only increased by 2% over the week, with most of that growth occurring in the last 24 hours. The slight increase in DOGE's price over the past seven days reflects the overall market decline seen during this period. Indeed, due to the low trading levels recorded during this period, the cryptocurrency's market capitalization fell below $2.3 trillion on May 1 before recovering.
However, DOGE's rise over the past 24 hours is a sign of bullish sentiment.
Moreover, according to Santiment, the sentiment-weighted DOGE indicator is currently on track to break the central uptrend line. This indicator tracks the overall market sentiment towards crypto assets. If its value is above zero, it means that the market sentiment is positive. Conversely, when the indicator value is below the zero line, the market sentiment is predominantly bearish.
Currently, the weighted sentiment indicator DOGE is at -0.348. If trading activity increases and DOGE continues to rise in the short term, the value of this indicator will increase.
AMBCrypto's valuation of DOGE's market realized value ratio (MVRV) is currently giving a buy signal. The indicator is evaluated by the 30-day moving average and showed a negative value of -12.83% at the time of publication.
The MVRV ratio tracks the ratio between the current market price of an asset and the average price of each coin or #token purchased for that asset.
If the value is greater than one, then the market value of the asset is significantly higher than the price at which most investors purchased it. In such cases, the asset is said to be overvalued.

Read us at: Compass Investments
#CryptoUpdates #GlobalCrypto #DigitalCurrency
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香港资产管理公司大举进军比特币(BTC)据彭博 ETF 分析师 Eric Bartunas 称,香港领先资产管理公司永荣资产管理已大举投资比特币现货 ETF,该公司以 3800 万美元收购了 IBIT 比特币现货 ETF,目前该 ETF 占其资产的 12%。 巴图纳斯表示,鉴于香港有自己的#ETF ,此举尤其引人注目。然而,美国 ETF 凭借低费用和高交易量的吸引力,继续吸引着国际投资者。 据巴图纳斯介绍,永荣的投资组合非常多元化,主要持股有英伟达、Meta、#Tesla 和 #bitcoin 。虽然永荣对一只 IBIT ETF 的 3000 万美元投资意义重大,但另一家总部位于香港的公司 Ovata 是迄今为止最大的投资者,共投资了四只现货 #CryptoWatchMay2024 ETF,投资总额达 7400 万美元。

香港资产管理公司大举进军比特币(BTC)

据彭博 ETF 分析师 Eric Bartunas 称,香港领先资产管理公司永荣资产管理已大举投资比特币现货 ETF,该公司以 3800 万美元收购了 IBIT 比特币现货 ETF,目前该 ETF 占其资产的 12%。

巴图纳斯表示,鉴于香港有自己的#ETF ,此举尤其引人注目。然而,美国 ETF 凭借低费用和高交易量的吸引力,继续吸引着国际投资者。
据巴图纳斯介绍,永荣的投资组合非常多元化,主要持股有英伟达、Meta、#Tesla#bitcoin 。虽然永荣对一只 IBIT ETF 的 3000 万美元投资意义重大,但另一家总部位于香港的公司 Ovata 是迄今为止最大的投资者,共投资了四只现货 #CryptoWatchMay2024 ETF,投资总额达 7400 万美元。
翻译
Bitcoin Kit raises 2.8 billion BTC in one day: CryptoQuant.Bitcoin's breakout below $60,000 has turned out to be a "buy to fail" opportunity for "whales". The recent #bitcoin market correction, which saw the world's largest #cryptocurrency fall to a low of $56,500, has proven to be a great opportunity for established investors. According to data provided by Ki Young Ju, CEO of CryptoQuant, in the last 24 hours alone, "whales" have accumulated an astounding amount of 47,000 #CryptoWatchMay2024 (more than $2.8 billion at current prices). According to experts, this series of purchases marks the beginning of a "new era" for major #cryptocurrencies . The increase in the number of bitcoin bundles may indicate growing confidence in the future of cryptocurrencies among institutional investors and high net worth individuals. The CryptoQuant founder also revealed that the whale wallets in question are mostly custodial, including ETFs, but the recent surge is not related to ETFs. This seems to have changed, as just a week ago, long-term bitcoin whales saw a significant increase in their unrealized profits, especially when the price held above $BTC Despite the significant increase in profits, these whales have yet to cash out, indicating that they are still holding their positions. This coincided with a significant increase in the influx of funds into the bitcoin exchange, most of which fell victim to the "whales" and the market subsequently fell sharply. However, after that "whale", bitcoin rose more than 6% and staged a small rally, breaking the $ 62,000 mark on Friday. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #MarketInsights

Bitcoin Kit raises 2.8 billion BTC in one day: CryptoQuant.

Bitcoin's breakout below $60,000 has turned out to be a "buy to fail" opportunity for "whales".

The recent #bitcoin market correction, which saw the world's largest #cryptocurrency fall to a low of $56,500, has proven to be a great opportunity for established investors.
According to data provided by Ki Young Ju, CEO of CryptoQuant, in the last 24 hours alone, "whales" have accumulated an astounding amount of 47,000 #CryptoWatchMay2024 (more than $2.8 billion at current prices). According to experts, this series of purchases marks the beginning of a "new era" for major #cryptocurrencies .
The increase in the number of bitcoin bundles may indicate growing confidence in the future of cryptocurrencies among institutional investors and high net worth individuals.
The CryptoQuant founder also revealed that the whale wallets in question are mostly custodial, including ETFs, but the recent surge is not related to ETFs.
This seems to have changed, as just a week ago, long-term bitcoin whales saw a significant increase in their unrealized profits, especially when the price held above $BTC Despite the significant increase in profits, these whales have yet to cash out, indicating that they are still holding their positions.
This coincided with a significant increase in the influx of funds into the bitcoin exchange, most of which fell victim to the "whales" and the market subsequently fell sharply.
However, after that "whale", bitcoin rose more than 6% and staged a small rally, breaking the $ 62,000 mark on Friday.
Read us at: Compass Investments
#MarketInsights
查看原文
Visa 数据显示,Circle 的 USDC 在稳定币交易中表现优于 Tether根据支付巨头 Visa 的最新数据,Circle 的美元币(USDC)的交易量已经超过稳定币 Tether。 2024 年 4 月,#USDC 记录了 1.666 亿笔交易,超过了 USDT 的 1.636 亿笔月交易量。 自2023年底以来,USDC一直在稳步加强其在稳定币交易市场中的地位。 同年 12 月,USDC 月交易量 1.45 亿笔首次超过 1.27 亿笔,达到了一个重要的里程碑。

Visa 数据显示,Circle 的 USDC 在稳定币交易中表现优于 Tether

根据支付巨头 Visa 的最新数据,Circle 的美元币(USDC)的交易量已经超过稳定币 Tether。

2024 年 4 月,#USDC 记录了 1.666 亿笔交易,超过了 USDT 的 1.636 亿笔月交易量。
自2023年底以来,USDC一直在稳步加强其在稳定币交易市场中的地位。
同年 12 月,USDC 月交易量 1.45 亿笔首次超过 1.27 亿笔,达到了一个重要的里程碑。
查看原文
MicroStrategy 股价:接近其调整后的价值。10x Research 的 Marcus Thielen 认为,MSTR 的股价已经接近其真实价值。今年 3 月,他的公司估计 MSTR 的合理价格约为 1,000 美元,并建议投资者直接投资比特币。 截至周五,#MicroStrategy 的市值为 213.7 亿美元,资产负债表上持有 214,400 只 #CryptoWatchMay2024 股票,价值 132.6 亿美元。 MicroStrategy 通常被视为类似于 #bitcoin #ETF ,但它没有典型的 ETF 结构(例如做市商或赎回流程),因此股价会根据市场情绪而大幅波动。

MicroStrategy 股价:接近其调整后的价值。

10x Research 的 Marcus Thielen 认为,MSTR 的股价已经接近其真实价值。今年 3 月,他的公司估计 MSTR 的合理价格约为 1,000 美元,并建议投资者直接投资比特币。

截至周五,#MicroStrategy 的市值为 213.7 亿美元,资产负债表上持有 214,400 只 #CryptoWatchMay2024 股票,价值 132.6 亿美元。
MicroStrategy 通常被视为类似于 #bitcoin #ETF ,但它没有典型的 ETF 结构(例如做市商或赎回流程),因此股价会根据市场情绪而大幅波动。
翻译
KW advises crypto startups fundraising via Synthetix model. (65 chars)From the perspective of seed investors, project traction signals such as user base, potential customers, and ethereum farmers remain the same. However, investors still use these primitive measures of social engagement to count the number of potential buyers of retail tokens. So introducing scores, pioneered by Blast, which has been heavily marketed as #OP Stack L2, was a natural way for the team to prepare for fundraising: Warwick admits that seed rounds, which can be raised between $10 million and $50 million in FDV, are "pure profit" for investors, and at the end of the day almost everything ends up in profit. Personally, he recommends selling tokens at a $10 million to $1 billion valuation after three rounds of private/seed rounds of venture capital funding: He also recognizes that a retrospective #issuance of ether between 2021 and 2023 could serve as a way to introduce tokens to a large number of retail holders. As U. Today previously wrote, Warwick assessed the euphoria over memes as a natural catalyst for #CryptoWatchMay2024 L2 adoption. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #CompassInvestments #TrendingTopic

KW advises crypto startups fundraising via Synthetix model. (65 chars)

From the perspective of seed investors, project traction signals such as user base, potential customers, and ethereum farmers remain the same.

However, investors still use these primitive measures of social engagement to count the number of potential buyers of retail tokens.
So introducing scores, pioneered by Blast, which has been heavily marketed as #OP Stack L2, was a natural way for the team to prepare for fundraising:
Warwick admits that seed rounds, which can be raised between $10 million and $50 million in FDV, are "pure profit" for investors, and at the end of the day almost everything ends up in profit.
Personally, he recommends selling tokens at a $10 million to $1 billion valuation after three rounds of private/seed rounds of venture capital funding:
He also recognizes that a retrospective #issuance of ether between 2021 and 2023 could serve as a way to introduce tokens to a large number of retail holders.
As U. Today previously wrote, Warwick assessed the euphoria over memes as a natural catalyst for #CryptoWatchMay2024 L2 adoption.
Read us at: Compass Investments
#CompassInvestments #TrendingTopic
翻译
Cryptocurrency whales are buying up $2.9 billion worth of bitcoin in a one-day frenzy.The cluster of whales comes in the wake of bitcoin's recent plunge from $60,000 to just under $57,000, followed by a sharp recovery. In the past 24 hours, the cryptocurrency has risen more than 4.5 percent and is currently trading at $61,700. As CryptoGlobe reports, some institutional investors may be buying the fall: BNP Paribas, Europe's second-largest bank with more than $600 billion in assets under management, has gained exposure to the mainstream #bitcoin #cryptocurrency through spot-listed mutual funds. According to a recent 13F filing with the U. S. Securities and Exchange Commission (SEC), the bank has acquired a stake in BlackRock's iShares Bitcoin Trust (IBIT) fund, as first reported by Bitcoin Magazine. Large institutional investors managing assets of $100 million or more are required to disclose their assets in quarterly 13F reports, and following the successful launch of a bitcoin-listed investment trust in the US, these documents have come under scrutiny from the industry. Specifically, #BlackRock executives said sovereign wealth funds have expressed interest in bitcoin through the company-owned iShares Bitcoin Trust #ETF (IBIT), which could begin trading in the coming months. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #CryptoUpdates

Cryptocurrency whales are buying up $2.9 billion worth of bitcoin in a one-day frenzy.

The cluster of whales comes in the wake of bitcoin's recent plunge from $60,000 to just under $57,000, followed by a sharp recovery. In the past 24 hours, the cryptocurrency has risen more than 4.5 percent and is currently trading at $61,700.

As CryptoGlobe reports, some institutional investors may be buying the fall: BNP Paribas, Europe's second-largest bank with more than $600 billion in assets under management, has gained exposure to the mainstream #bitcoin #cryptocurrency through spot-listed mutual funds.
According to a recent 13F filing with the U. S. Securities and Exchange Commission (SEC), the bank has acquired a stake in BlackRock's iShares Bitcoin Trust (IBIT) fund, as first reported by Bitcoin Magazine.
Large institutional investors managing assets of $100 million or more are required to disclose their assets in quarterly 13F reports, and following the successful launch of a bitcoin-listed investment trust in the US, these documents have come under scrutiny from the industry.
Specifically, #BlackRock executives said sovereign wealth funds have expressed interest in bitcoin through the company-owned iShares Bitcoin Trust #ETF (IBIT), which could begin trading in the coming months.
Read us at: Compass Investments
#CryptoUpdates
翻译
Big US banks hide >$74b worth of assets; report. [Characters: 56]<|im_sep|>JP Morgan Chase, Bank of America and Citibank hold trillions of dollars of unknown potentially risky assets on their balance sheets, new US government data shows. According to new data compiled by the Federal Financial Institutions Examination Council (FFIEC) and first published by Wall Street on Parade, JP Morgan Chase has $3.227 trillion, Bank of America has $1.6 trillion, and Citibank has $2.6 trillion in off-balance sheet assets. holdings. holdings. The Federal Reserve defines off-balance sheet activity as "highly diverse in nature" and includes instruments such as firm credit transactions, standby letters of credit, foreign exchange transactions, financial futures, forward contracts, options, interest rate swaps, and other derivatives. Off-balance sheet accounting has been a common practice in banking for years and, as Wall Street on Parade notes, played a key role in the 2008 financial crisis. Of course, Citigroup collapsed in 2008 and received the largest bailout in world banking history; by March 2009, Citigroup shares were trading at 99 cents. Last July, the U. S. Federal Reserve announced a proposal to raise capital adequacy requirements for banks to shore up their balance sheets during the economic downturn. Executives from JP Morgan Chase, Wells Fargo, Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, BNY Mellon and State Street opposed the proposed changes at a Senate Banking Oversight Committee hearing in December. In a prepared statement, JP Morgan Chase CEO Jamie Dimon said the changes would hurt the banking industry and the broader economy. Despite the lack of evidence that large U. S. banks are undercapitalized today, the proposed final Basel III regulations, if adopted, would unreasonably and unnecessarily increase capital requirements for the largest banks by 20-25%. " Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

Big US banks hide >$74b worth of assets; report. [Characters: 56]<|im_sep|>

JP Morgan Chase, Bank of America and Citibank hold trillions of dollars of unknown potentially risky assets on their balance sheets, new US government data shows.

According to new data compiled by the Federal Financial Institutions Examination Council (FFIEC) and first published by Wall Street on Parade, JP Morgan Chase has $3.227 trillion, Bank of America has $1.6 trillion, and Citibank has $2.6 trillion in off-balance sheet assets. holdings. holdings.
The Federal Reserve defines off-balance sheet activity as "highly diverse in nature" and includes instruments such as firm credit transactions, standby letters of credit, foreign exchange transactions, financial futures, forward contracts, options, interest rate swaps, and other derivatives.
Off-balance sheet accounting has been a common practice in banking for years and, as Wall Street on Parade notes, played a key role in the 2008 financial crisis.
Of course, Citigroup collapsed in 2008 and received the largest bailout in world banking history; by March 2009, Citigroup shares were trading at 99 cents.
Last July, the U. S. Federal Reserve announced a proposal to raise capital adequacy requirements for banks to shore up their balance sheets during the economic downturn.
Executives from JP Morgan Chase, Wells Fargo, Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, BNY Mellon and State Street opposed the proposed changes at a Senate Banking Oversight Committee hearing in December.
In a prepared statement, JP Morgan Chase CEO Jamie Dimon said the changes would hurt the banking industry and the broader economy.
Despite the lack of evidence that large U. S. banks are undercapitalized today, the proposed final Basel III regulations, if adopted, would unreasonably and unnecessarily increase capital requirements for the largest banks by 20-25%. "
Read us at: Compass Investments
翻译
Bitcoin hits $63,000 after first inflows into Grayscale Bitcoin TrustBitcoin (BTC) hit the $63,000 mark on the Binance exchange on Friday amid renewed inflows into U.S. spot bitcoin funds (ETFs). Specifically, the Grayscale Bitcoin Trust ETF (GBTC) spot bitcoin fund raised US$63 million on Friday, ending an 80-day outflow of funds, according to Coinglass data. At the time of writing, #CryptoWatchMay2024 is up 6.5% over the past 24 hours and is trading at around $62,900, according to CoinGecko data. On Wednesday, the major cryptocurrency BTC fell below the $57,000 mark ahead of the US Federal Reserve's interest rate decision and continued to correct after the FOMC meeting. However, it started to recover this morning and broke through the key $61,000 level. The GBTC fund is the largest spot #bitcoin #ETF with more than $18.7 billion in assets under management. The fund held about 620,000 BTC before converting from a bitcoin trust to an ETF earlier this year. GBTC has been under pressure from investors to withdraw funds, especially since a rival bitcoin ETF fund was approved in January; as of April 18, GBTC's holdings had been cut in half. Bloomberg ETF analyst Eric Bartunas expressed surprise that GBTC has reversed its protracted outflow trend, commenting: "We're back. " Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #MarketInsights #Crypto2024

Bitcoin hits $63,000 after first inflows into Grayscale Bitcoin Trust

Bitcoin (BTC) hit the $63,000 mark on the Binance exchange on Friday amid renewed inflows into U.S. spot bitcoin funds (ETFs). Specifically, the Grayscale Bitcoin Trust ETF (GBTC) spot bitcoin fund raised US$63 million on Friday, ending an 80-day outflow of funds, according to Coinglass data.

At the time of writing, #CryptoWatchMay2024 is up 6.5% over the past 24 hours and is trading at around $62,900, according to CoinGecko data. On Wednesday, the major cryptocurrency BTC fell below the $57,000 mark ahead of the US Federal Reserve's interest rate decision and continued to correct after the FOMC meeting. However, it started to recover this morning and broke through the key $61,000 level.
The GBTC fund is the largest spot #bitcoin #ETF with more than $18.7 billion in assets under management. The fund held about 620,000 BTC before converting from a bitcoin trust to an ETF earlier this year.
GBTC has been under pressure from investors to withdraw funds, especially since a rival bitcoin ETF fund was approved in January; as of April 18, GBTC's holdings had been cut in half.
Bloomberg ETF analyst Eric Bartunas expressed surprise that GBTC has reversed its protracted outflow trend, commenting: "We're back. "
Read us at: Compass Investments
#MarketInsights #Crypto2024
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Alexander Vinik, operator of BTC-e, pleads guilty to conspiracy to launder money.Alexander Vinnik, one of the former operators of cryptocurrency exchange BTC-e, pleaded guilty Friday to conspiracy to launder money, the U.S. Department of Justice announced. According to the DOJ, Winnick was an operator of BTC-e from 2011 to 2017, during which time the exchange facilitated more than $9 billion in #cryptocurrency transactions for more than one million users. BTC-e was linked to the hacking of the now defunct Mount Gox #cryptocurrency exchange after it was used to launder around 300,000 (BTC) from Mount Gox BTC-e was shut down in July 2017, the same month that Winnik was first arrested. When Vinnik was arrested in Greece, he faced a lengthy extradition process, with authorities in the United States, Russia, and France convincing Greece to send him back to their countries. France took Vinnik into custody and sentenced him to five years in prison. Vinnik was then sent back to Greece and extradited to the United States. He initially denied being the operator of BTC-e, saying he was merely an employee of the exchange. BTC-e was not registered as a money services company in the U. S. , failed to comply with "know your customer" and anti-money laundering rules, and did not collect customer data, the U. S. Justice Department said Friday. Winnick used a shell company to convert fiat currency for BTC-e, the DOJ added. The exchange received funds from criminal activity, including extortion attacks, hacking and other schemes, and Vinnik is directly responsible for about $121 million in losses, the press release said. Deputy Attorney General Lisa Monaco said in a statement, "Today's results demonstrate how the Department of Justice, working with our international partners, is fighting cryptocurrency crime around the world. This guilty plea reflects the DOJ's continued commitment to use every tool at its disposal to combat money laundering, disrupt the cryptocurrency market, and provide compensation to victims. " Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #CryptoUpdates #BlockchainFuture #news

Alexander Vinik, operator of BTC-e, pleads guilty to conspiracy to launder money.

Alexander Vinnik, one of the former operators of cryptocurrency exchange BTC-e, pleaded guilty Friday to conspiracy to launder money, the U.S. Department of Justice announced.

According to the DOJ, Winnick was an operator of BTC-e from 2011 to 2017, during which time the exchange facilitated more than $9 billion in #cryptocurrency transactions for more than one million users.
BTC-e was linked to the hacking of the now defunct Mount Gox #cryptocurrency exchange after it was used to launder around 300,000 (BTC) from Mount Gox BTC-e was shut down in July 2017, the same month that Winnik was first arrested.
When Vinnik was arrested in Greece, he faced a lengthy extradition process, with authorities in the United States, Russia, and France convincing Greece to send him back to their countries. France took Vinnik into custody and sentenced him to five years in prison. Vinnik was then sent back to Greece and extradited to the United States. He initially denied being the operator of BTC-e, saying he was merely an employee of the exchange.
BTC-e was not registered as a money services company in the U. S. , failed to comply with "know your customer" and anti-money laundering rules, and did not collect customer data, the U. S. Justice Department said Friday. Winnick used a shell company to convert fiat currency for BTC-e, the DOJ added.
The exchange received funds from criminal activity, including extortion attacks, hacking and other schemes, and Vinnik is directly responsible for about $121 million in losses, the press release said.
Deputy Attorney General Lisa Monaco said in a statement, "Today's results demonstrate how the Department of Justice, working with our international partners, is fighting cryptocurrency crime around the world. This guilty plea reflects the DOJ's continued commitment to use every tool at its disposal to combat money laundering, disrupt the cryptocurrency market, and provide compensation to victims. "
Read us at: Compass Investments
#CryptoUpdates #BlockchainFuture #news
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Immutable (IMX) faces token unlocking, will the market absorb potential sales | CryptopolitanThe tokens of many well-known projects have been blocked for years. To protect investors and provide transparency, many projects store a portion of these tokens in predefined smart contracts that are unlocked on specific dates. Some of the most important unlocking programs belong to Ripple, and the market waits each month to see if a new batch of unlocked tokens will be sold. This week, one of the most prominent L2 networks will unlock Immutable (IMX) tokens: when a new batch of tokens is unlocked on May 6, Immutable will increase its free float to 2%. As of May 2024, Immutable has unlocked more than 65.51% of all locked tokens. The current unlocking amount is $1.57 million, which corresponds to 1.93% of the free float. Unlocking will accelerate in the future, increasing IMX's supply. About 2.46% of the available supply is traded, which could put pressure on IMX's market price. A few days before unlocking, #IMX was trading at $2.21, with a volume of about $70 million in a 24-hour period. However, these movements were accompanied by a lack of buyers: with a slippage of 2%, IMX's liquidity is only about $152,000, which is only slightly less than the volume of the upcoming unlocked token. IMX has fallen from its recent short-term peak above $3.60, but remains inactive after several years of stagnation. Most new IMX comes in the form of rewards for ecosystem development. IMX can be earned not only by completing special quests, but also by participating in betting programs; currently, the Immutable community receives daily Gem rewards in the form of IMX bridge tokens. Over time, IMX holders will earn more IMX, especially for sharing and completing quests. Timestamps: Project Immutable is taking a long-term view of the ecosystem. However, IMXs will become more plentiful in the coming months, and if they are used in incentive programs or sold directly, they will deflate the market. Immutable offers incentives to store IMX tokens and earn future rewards. In the daily quests currently offered, users only need to have a balance of at least 20 IMX and collect three gems each day. The more gems accumulated, the more future rewards and bonuses the player will receive. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #InvestSmart #CryptoNews #news #transscreen.ru

Immutable (IMX) faces token unlocking, will the market absorb potential sales | Cryptopolitan

The tokens of many well-known projects have been blocked for years. To protect investors and provide transparency, many projects store a portion of these tokens in predefined smart contracts that are unlocked on specific dates. Some of the most important unlocking programs belong to Ripple, and the market waits each month to see if a new batch of unlocked tokens will be sold.

This week, one of the most prominent L2 networks will unlock Immutable (IMX) tokens: when a new batch of tokens is unlocked on May 6, Immutable will increase its free float to 2%.
As of May 2024, Immutable has unlocked more than 65.51% of all locked tokens. The current unlocking amount is $1.57 million, which corresponds to 1.93% of the free float.
Unlocking will accelerate in the future, increasing IMX's supply. About 2.46% of the available supply is traded, which could put pressure on IMX's market price.
A few days before unlocking, #IMX was trading at $2.21, with a volume of about $70 million in a 24-hour period. However, these movements were accompanied by a lack of buyers: with a slippage of 2%, IMX's liquidity is only about $152,000, which is only slightly less than the volume of the upcoming unlocked token.
IMX has fallen from its recent short-term peak above $3.60, but remains inactive after several years of stagnation. Most new IMX comes in the form of rewards for ecosystem development.
IMX can be earned not only by completing special quests, but also by participating in betting programs; currently, the Immutable community receives daily Gem rewards in the form of IMX bridge tokens. Over time, IMX holders will earn more IMX, especially for sharing and completing quests.
Timestamps:
Project Immutable is taking a long-term view of the ecosystem. However, IMXs will become more plentiful in the coming months, and if they are used in incentive programs or sold directly, they will deflate the market.
Immutable offers incentives to store IMX tokens and earn future rewards. In the daily quests currently offered, users only need to have a balance of at least 20 IMX and collect three gems each day.
The more gems accumulated, the more future rewards and bonuses the player will receive.

Read us at: Compass Investments
#InvestSmart #CryptoNews #news #transscreen.ru
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Week in Polkadot: JAM promotes 'original concept' of world computers: Gavin Wood - DecipherPolkadot founder Gavin Wood answered a few questions about the network's proposed Join-Accumulate Machine (JAM) enhancements following a gray paper published last month. In an hour-long podcast interview with The Kusamarian, Wood said JAM is his "original" scalable world computer capable of computing "significant volumes" such as "global volumes of transactional computing data. " He revealed that it was a step towards an "original concept". Mr. Wood also warned that "back of the envelope calculations" should be taken with a "very, very, very, very large pinch of salt" because, according to "back of the envelope calculations," JAM is "half a million times the computational performance of EVM [... ]. Probably millions of times," he added. MapMetrics, a navigation app that rewards users for mapping the world, has migrated to peaq from rival #blockchain #Solana . Peaq is a Polkadot-based para-chain that specializes in supporting decentralized physical infrastructure networks (DePINs). It uses blockchain to manage and maintain decentralized networks of physical devices such as sensors, wireless infrastructure, and energy networks. As the number of blockchain projects continues to grow, it becomes increasingly important to achieve interoperability and scalability between #blockchains , and #Polkadot is addressing this challenge with a technology approach known as "parachaining. " It utilizes Polkadot's network security, isolation and connectivity safeguards to allow different blockchains to efficiently and securely expand and work together. What is a parachain? Unlike many other blockchains such as #CryptoWatchMay2024 , Polkadot has many internal ... MapMetrics has 55,000 users and devices in 177 countries and a partnership with Microsoft's Bing Maps. The startup said it hopes the move away from Solana will foster synergies with other DePINs in the peaq ecosystem. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

Week in Polkadot: JAM promotes 'original concept' of world computers: Gavin Wood - Decipher

Polkadot founder Gavin Wood answered a few questions about the network's proposed Join-Accumulate Machine (JAM) enhancements following a gray paper published last month.

In an hour-long podcast interview with The Kusamarian, Wood said JAM is his "original" scalable world computer capable of computing "significant volumes" such as "global volumes of transactional computing data. " He revealed that it was a step towards an "original concept".
Mr. Wood also warned that "back of the envelope calculations" should be taken with a "very, very, very, very large pinch of salt" because, according to "back of the envelope calculations," JAM is "half a million times the computational performance of EVM [... ]. Probably millions of times," he added.
MapMetrics, a navigation app that rewards users for mapping the world, has migrated to peaq from rival #blockchain #Solana .
Peaq is a Polkadot-based para-chain that specializes in supporting decentralized physical infrastructure networks (DePINs). It uses blockchain to manage and maintain decentralized networks of physical devices such as sensors, wireless infrastructure, and energy networks.
As the number of blockchain projects continues to grow, it becomes increasingly important to achieve interoperability and scalability between #blockchains , and #Polkadot is addressing this challenge with a technology approach known as "parachaining. " It utilizes Polkadot's network security, isolation and connectivity safeguards to allow different blockchains to efficiently and securely expand and work together. What is a parachain? Unlike many other blockchains such as #CryptoWatchMay2024 , Polkadot has many internal ...
MapMetrics has 55,000 users and devices in 177 countries and a partnership with Microsoft's Bing Maps.
The startup said it hopes the move away from Solana will foster synergies with other DePINs in the peaq ecosystem.
Read us at: Compass Investments
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Ripple CEO Brad Garlinghouse on the "bright" future of XRP.On May 2, Ripple CEO Brad Garlinghouse expressed enthusiasm for new community events focused on the XRP cryptocurrency and suggested that the Ripple community will have a bright year ahead. Upcoming events include XRP Gold Coast 2024 on March 22-24, 2024, XRP Las Vegas on May 3-4, 2024 in Las Vegas, and XRP Ledger Apex on June 11-13, 2024 in Amsterdam. Garlinghouse's participation in these events underscores Ripple's commitment to engaging with its user base and creating a collaborative environment. These events are more than just a social hangout, they play an important role in showcasing the latest developments and capabilities of the #XRP #Ledger itself. Ripple's expanding presence in different parts of the world is indicative of the growing interest and momentum in the blockchain and fintech sector. This surge is due to both the launch of new projects on the platform and improvements to the platform itself, reflecting a strong ecosystem that is broadening and deepening its reach. XRP Las Vegas speakers and panelists include Perianne Boring, Founder and CEO of the Chamber of Digital Commerce, and J. Christopher Giancarlo, 13th Chairman of the U. S. Commodity Futures Trading Commission (CFTC), David Schwartz, CTO of #Ripple Labs, and U. S. Congressman Wiley Nickel. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #news #InvestSmart

Ripple CEO Brad Garlinghouse on the "bright" future of XRP.

On May 2, Ripple CEO Brad Garlinghouse expressed enthusiasm for new community events focused on the XRP cryptocurrency and suggested that the Ripple community will have a bright year ahead. Upcoming events include XRP Gold Coast 2024 on March 22-24, 2024, XRP Las Vegas on May 3-4, 2024 in Las Vegas, and XRP Ledger Apex on June 11-13, 2024 in Amsterdam. Garlinghouse's participation in these events underscores Ripple's commitment to engaging with its user base and creating a collaborative environment.

These events are more than just a social hangout, they play an important role in showcasing the latest developments and capabilities of the #XRP #Ledger itself. Ripple's expanding presence in different parts of the world is indicative of the growing interest and momentum in the blockchain and fintech sector. This surge is due to both the launch of new projects on the platform and improvements to the platform itself, reflecting a strong ecosystem that is broadening and deepening its reach.
XRP Las Vegas speakers and panelists include Perianne Boring, Founder and CEO of the Chamber of Digital Commerce, and J. Christopher Giancarlo, 13th Chairman of the U. S. Commodity Futures Trading Commission (CFTC), David Schwartz, CTO of #Ripple Labs, and U. S. Congressman Wiley Nickel.
Read us at: Compass Investments
#news #InvestSmart
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$Au,$Oil gain (+0.58%,+0.75%),EUR/USD up 0.72%; Essence kept w/ reduced chars. n(64 char)Employment data for April suggests that the US economy is seeing a gradual slowdown in job growth, which could help ease inflationary pressures. However, the slowdown in job creation also raises concerns about the sustainability of the economic recovery and its potential impact on consumer spending and business investment. The Federal Reserve continues to closely monitor labor market and inflation data, and policymakers will have to carefully manage the challenge of maintaining price stability while supporting economic growth in the months ahead. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

$Au,$Oil gain (+0.58%,+0.75%),EUR/USD up 0.72%; Essence kept w/ reduced chars. n(64 char)

Employment data for April suggests that the US economy is seeing a gradual slowdown in job growth, which could help ease inflationary pressures. However, the slowdown in job creation also raises concerns about the sustainability of the economic recovery and its potential impact on consumer spending and business investment.

The Federal Reserve continues to closely monitor labor market and inflation data, and policymakers will have to carefully manage the challenge of maintaining price stability while supporting economic growth in the months ahead.
Read us at: Compass Investments
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TON crypto gets Pantera Cap funding boost via @Telegram -CJn(66 chars incl link tag)Pantera Capital has announced that it has invested an undisclosed amount in TON. The venture capital firm believes that TON's integration with messaging platform Telegram could be a game changer in the proliferation of #cryptocurrencies . Venture capital firm Pantera Capital has invested in The Open Network (TON) #blockchain , the layer one network on which Toncoin (TON) runs. #TON was originally launched by messaging app giant Telegram and is now run by the open source community. In a statement released on Thursday, Pantera Capital said the investment is aimed at ensuring TON's future growth to bring more people to cryptocurrencies via Telegram. The venture capital platform's confidence in TON's future and its ability to facilitate the proliferation of cryptocurrencies stems from the widespread adoption of cryptocurrencies on the Telegram network. By leveraging Telegram's large user base, user-friendly interface and the dynamism of TON's growing ecosystem, we believe TON has the potential to become one of the largest cryptocurrency networks," Pantera wrote in a blog post. The post reads. Pantera does not disclose the amount of the investment, but claims that Telegram, with more than 900 million monthly active users, is the only major messaging app suitable for #CryptoWatchMay2024 integration. As an example, the company cites Telegram's more than 36.7 million monthly downloads in January this year, ten times more than rival Signal. 'We believe Telegram is well positioned to bring cryptocurrency to the world due to its holistic Web3 philosophy and widespread adoption,' the company states. This prediction is supported by the TON architecture, which consists of several components: the TON blockchain, TON storage, TON DNS and TON services. Pantera is investing in TON at a time when the crypto platform is attracting significant interest from across the ecosystem. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #transscreen.ru

TON crypto gets Pantera Cap funding boost via @Telegram -CJn(66 chars incl link tag)

Pantera Capital has announced that it has invested an undisclosed amount in TON.

The venture capital firm believes that TON's integration with messaging platform Telegram could be a game changer in the proliferation of #cryptocurrencies .
Venture capital firm Pantera Capital has invested in The Open Network (TON) #blockchain , the layer one network on which Toncoin (TON) runs.
#TON was originally launched by messaging app giant Telegram and is now run by the open source community.
In a statement released on Thursday, Pantera Capital said the investment is aimed at ensuring TON's future growth to bring more people to cryptocurrencies via Telegram.
The venture capital platform's confidence in TON's future and its ability to facilitate the proliferation of cryptocurrencies stems from the widespread adoption of cryptocurrencies on the Telegram network.
By leveraging Telegram's large user base, user-friendly interface and the dynamism of TON's growing ecosystem, we believe TON has the potential to become one of the largest cryptocurrency networks," Pantera wrote in a blog post. The post reads.
Pantera does not disclose the amount of the investment, but claims that Telegram, with more than 900 million monthly active users, is the only major messaging app suitable for #CryptoWatchMay2024 integration.
As an example, the company cites Telegram's more than 36.7 million monthly downloads in January this year, ten times more than rival Signal.
'We believe Telegram is well positioned to bring cryptocurrency to the world due to its holistic Web3 philosophy and widespread adoption,' the company states.
This prediction is supported by the TON architecture, which consists of several components: the TON blockchain, TON storage, TON DNS and TON services.
Pantera is investing in TON at a time when the crypto platform is attracting significant interest from across the ecosystem.

Read us at: Compass Investments
#transscreen.ru
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Jack Dorsey to Blockchain (SQ) shareholders, Q1 2024 letter, doubling bitcoin|Cryptopolitan.In his first quarter letter to shareholders, Jack Dorsey, Block's CEO, shared the company's plans for bitcoin. He said bitcoin-related activities account for less than 3% of the company's total resources. In the future, Dorsey said that Block will invest 10% of its gross revenue in #bitcoin purchases every month. Jack Dorsey is certainly an ardent supporter of bitcoin and #blockchain technology. His recent letter to Block shareholders confirms his firm belief in a future in which the potential use of bitcoin will be well honed. In it, Jack states that he firmly believes that the internet will have its own currency and that it is only a matter of time. In his letter to shareholders, Jack Dorsey expresses his ambitions for bitcoin and blockchain. According to him, making bitcoin available for everyday use would mean treating bitcoin as a medium of exchange and realizing Satoshi Nakamoto's original dream of #cryptocurrencies . Jack Dorsey's blockchain company has always been deeply involved in bitcoin and #blockchain technology. In his letter to Q1 shareholders, Dorsey defended Block Inc's interest in bitcoin, stating that the company is devoting a lot of time to bitcoin because it believes the world needs an open protocol for money that is not owned or controlled by any particular organization. The company stated. Blockchain has since taken an active role in developing an open protocol that will benefit more people around the world. Dorsey spoke negatively about bitcoin, saying that unlike other cryptocurrencies, Block focused on bitcoin because of its capabilities and perceived usage scenarios. Other cryptocurrencies in the market are trying to solve various problems that are not in line with Block Inc. 's mission. In 2018, Block Inc. became the first publicly listed company to offer a bitcoin product. Since then, the company has focused on making bitcoin accessible, safer, and usable on a daily basis. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #CryptoMarketTrends

Jack Dorsey to Blockchain (SQ) shareholders, Q1 2024 letter, doubling bitcoin|Cryptopolitan.

In his first quarter letter to shareholders, Jack Dorsey, Block's CEO, shared the company's plans for bitcoin.

He said bitcoin-related activities account for less than 3% of the company's total resources.
In the future, Dorsey said that Block will invest 10% of its gross revenue in #bitcoin purchases every month.
Jack Dorsey is certainly an ardent supporter of bitcoin and #blockchain technology. His recent letter to Block shareholders confirms his firm belief in a future in which the potential use of bitcoin will be well honed. In it, Jack states that he firmly believes that the internet will have its own currency and that it is only a matter of time.
In his letter to shareholders, Jack Dorsey expresses his ambitions for bitcoin and blockchain. According to him, making bitcoin available for everyday use would mean treating bitcoin as a medium of exchange and realizing Satoshi Nakamoto's original dream of #cryptocurrencies .
Jack Dorsey's blockchain company has always been deeply involved in bitcoin and #blockchain technology. In his letter to Q1 shareholders, Dorsey defended Block Inc's interest in bitcoin, stating that the company is devoting a lot of time to bitcoin because it believes the world needs an open protocol for money that is not owned or controlled by any particular organization. The company stated.
Blockchain has since taken an active role in developing an open protocol that will benefit more people around the world. Dorsey spoke negatively about bitcoin, saying that unlike other cryptocurrencies, Block focused on bitcoin because of its capabilities and perceived usage scenarios. Other cryptocurrencies in the market are trying to solve various problems that are not in line with Block Inc. 's mission.
In 2018, Block Inc. became the first publicly listed company to offer a bitcoin product. Since then, the company has focused on making bitcoin accessible, safer, and usable on a daily basis.

Read us at: Compass Investments
#CryptoMarketTrends
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JPN adptsXRPLdrg,cryptoexpstsforeseimpact.Cryptonews.[82chars]<|im_sep|>The partnership between Ripple and HashKey DX is a strategic move to tap into the booming Japanese supply chain finance market. According to a recent study, the role of blockchain in supply chain finance will grow from $360 million to $13.4 billion by 2030. Ripple intends to replicate this success in Japan by introducing its HashKey DX supply #chain finance product, which has already been successful in China with over $7 billion in transactions. This initiative is in line with Ripple's broader goal of driving #XRP Ledger adoption and strengthening its position in the global financial ecosystem. Jack Stroh argues that XRP can replace the US dollar in Japan based on several key factors. He argues that Japan has already begun to adopt XRPL-based solutions, citing that SBI Group introduced XRP-based cross-border payment services last September. According to Straw, the move shows Japan's willingness to explore alternatives to the traditional banking system. He also suggests that XRP could provide an alternative source of liquidity to the dollar in Japanese foreign exchange transactions, potentially reducing reliance on the SWIFT network. If XRP replaces the US dollar in the Japanese foreign exchange market, it could have a significant impact on the Japanese economy and global trade relations. Jack Straw believes that such a move would accelerate Japan's dedollarization process and lead to the sale of dollar reserves into other assets such as gold. In addition, the introduction of a stable XRP coin could facilitate the digital movement of funds and further reduce Japan's reliance on the traditional banking system. Although speculative, Jack Straw's predictions offer interesting possibilities for the future of the Japanese economy. If the #Ripple initiative gains traction in the Japanese market, it could lead to significant changes in the circulation of the Japanese currency. As the Japanese yen's exchange rate against the U. S. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #CryptoMarketTrends #CryptoNews

JPN adptsXRPLdrg,cryptoexpstsforeseimpact.Cryptonews.[82chars]<|im_sep|>

The partnership between Ripple and HashKey DX is a strategic move to tap into the booming Japanese supply chain finance market. According to a recent study, the role of blockchain in supply chain finance will grow from $360 million to $13.4 billion by 2030.

Ripple intends to replicate this success in Japan by introducing its HashKey DX supply #chain finance product, which has already been successful in China with over $7 billion in transactions. This initiative is in line with Ripple's broader goal of driving #XRP Ledger adoption and strengthening its position in the global financial ecosystem.
Jack Stroh argues that XRP can replace the US dollar in Japan based on several key factors. He argues that Japan has already begun to adopt XRPL-based solutions, citing that SBI Group introduced XRP-based cross-border payment services last September.
According to Straw, the move shows Japan's willingness to explore alternatives to the traditional banking system. He also suggests that XRP could provide an alternative source of liquidity to the dollar in Japanese foreign exchange transactions, potentially reducing reliance on the SWIFT network.
If XRP replaces the US dollar in the Japanese foreign exchange market, it could have a significant impact on the Japanese economy and global trade relations.
Jack Straw believes that such a move would accelerate Japan's dedollarization process and lead to the sale of dollar reserves into other assets such as gold. In addition, the introduction of a stable XRP coin could facilitate the digital movement of funds and further reduce Japan's reliance on the traditional banking system.
Although speculative, Jack Straw's predictions offer interesting possibilities for the future of the Japanese economy. If the #Ripple initiative gains traction in the Japanese market, it could lead to significant changes in the circulation of the Japanese currency.
As the Japanese yen's exchange rate against the U. S.
Read us at: Compass Investments
#CryptoMarketTrends #CryptoNews
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Jito becomes Solana's largest protocol with $1.4 billion TVL - DailyCoin.The TVL of the Jito protocol has grown significantly in the last 24 hours. The protocol holds an important position on the #Solana blockchain. It also ranked among the top five liquid stacking protocols on all blockchains. Liquid stacking project #Jito has become the largest protocol on the Solana blockchain in terms of total blockchain value (TVL), DefiLlama data shows. Jito's rise to the top spot is due to a resurgence in the Solana ecosystem's total TVL, which has increased by about 150% over the past year. Solana's TVL now stands at $3.7 billion, down 63% from a peak of $10 billion in November 2021 and down from a low of $210 million during the bear market in 2022. Military robots search for cryptocurrency with #Defi guns in Russia. A man holds a large amount of #XRP on a bridge in Japan. Shiba Inu runs to the digital circuit. According to DeFiLlama, the total value of the Jito blockchain has increased by 15.99% in the last 24 hours to reach $1.4 billion, equivalent to nearly 38% of the Solana ecosystem's TVL. With around 10 million SOL in TVL, Jito is the largest protocol in Solana, followed by Marinade with USD 1.35 billion and Kamino with USD 1.026 billion in TVL. Decentralized exchange Raydium has a TVL of USD 612.77 million and ranks fourth, ahead of Marginfi with USD 420.22 million. These figures put Jito in the top five in the overall liquid stacking market across all blockchains, accounting for 3% of the $45.5 billion blocked by liquid stacking protocols. Lido continues to dominate the overall liquid stacking market with a TVL of $27.6 billion, ahead of Rocketpool, #Binance and Mantle with $3.6 billion, $2.6 billion and $ 1.4 billion respectively. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

Jito becomes Solana's largest protocol with $1.4 billion TVL - DailyCoin.

The TVL of the Jito protocol has grown significantly in the last 24 hours.

The protocol holds an important position on the #Solana blockchain.
It also ranked among the top five liquid stacking protocols on all blockchains.
Liquid stacking project #Jito has become the largest protocol on the Solana blockchain in terms of total blockchain value (TVL), DefiLlama data shows.
Jito's rise to the top spot is due to a resurgence in the Solana ecosystem's total TVL, which has increased by about 150% over the past year. Solana's TVL now stands at $3.7 billion, down 63% from a peak of $10 billion in November 2021 and down from a low of $210 million during the bear market in 2022.
Military robots search for cryptocurrency with #Defi guns in Russia.
A man holds a large amount of #XRP on a bridge in Japan.
Shiba Inu runs to the digital circuit.
According to DeFiLlama, the total value of the Jito blockchain has increased by 15.99% in the last 24 hours to reach $1.4 billion, equivalent to nearly 38% of the Solana ecosystem's TVL.
With around 10 million SOL in TVL, Jito is the largest protocol in Solana, followed by Marinade with USD 1.35 billion and Kamino with USD 1.026 billion in TVL. Decentralized exchange Raydium has a TVL of USD 612.77 million and ranks fourth, ahead of Marginfi with USD 420.22 million.
These figures put Jito in the top five in the overall liquid stacking market across all blockchains, accounting for 3% of the $45.5 billion blocked by liquid stacking protocols.
Lido continues to dominate the overall liquid stacking market with a TVL of $27.6 billion, ahead of Rocketpool, #Binance and Mantle with $3.6 billion, $2.6 billion and $ 1.4 billion respectively.
Read us at: Compass Investments
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