Cryptocurrency

According to Kiyosaki, this economic adjustment will not only enhance export growth but also drive up the prices of gold, silver, Bitcoin, stocks and real estate. He forecasts that gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce and Bitcoin from $67,400 to $105,000 per coin by August 2025.Peter Schiff, a well-known critic of cryptocurrencies, has responded to Kiyosaki’s predictions with skepticism. Schiff contends that while a weaker dollar might benefit some Americans financially, it could ultimately make the country poorer. He anticipates that such a shift would lead to higher oil prices, despite an increase in domestic drilling. He also suggests that while gold and silver might surpass Kiyosaki’s forecasts, Bitcoin could potentially decline in value.The debate between Kiyosaki and Schiff raises significant questions about the future of the U.S. economy and the role of cryptocurrencies.Will a weaker dollar indeed stimulate job growth and increase asset prices, as Kiyosaki suggests? Or could it lead to broader economic challenges and higher costs, as Schiff warns?This article was originally published on U.Today More

Brandt noted that while a dollar could buy a dollar’s worth of goods when he was born, it now holds just $0.05 cents of its original purchasing power. This sharp drop in the dollar’s value, he suggests, makes Bitcoin look like a promising store of value.This comment comes in the wake of Elon Musk’s recent post questioning the current state of the dollar’s value. The post also provided somewhat of a comparison of the U.S. dollar’s decline to the hyperinflation that plagued the Zimbabwean dollar, illustrating the sentiment of a mass of people, and influential figures too, toward the current economic situation.Brandt’s recent post aligns with this growing sentiment. He believes the U.S. dollar, along with other paper currencies, is losing its value rapidly. Looking ahead, Brandt predicts that a new system for handling payments and storing value will emerge over the next decade.This article was originally published on U.Today More

Multipool, a leading innovator in the blockchain and cryptocurrency industry, today announces a strategic investment from Kronos Research. This investment solidifies Kronos’s stance of on-chain order books being the future of the industry and marks a significant milestone in strategic cooperation between the two companies and their commitment to decentralized finance. Multipool’s aim of delivering a fully on-chain trustless orderbook to the DeFi industry aligns with Kronos’s vision of democratizing access to compliant advanced financial tools. This marks the first step in a long and fruitful partnership that will bring stability, awareness and access to a suite of full decentralized tools currently in high demand industry wide. To learn more about Multipool and its features, users can visit:Website – www.multipool.financeTelegram – t.me/multipoolfiX – https://x.com/multipoolfi CMC-Community – https://coinmarketcap.com/community/profile/multipool/About MultipoolMultipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in the user’s trading journey with Multipool – The DEX with CEX appeal. Website: https://www.multipool.finance/About Kronos ResearchKronos Research is a technology and data-driven trading firm transforming the digital asset landscape by cultivating a dynamic financial ecosystem with exceptional trading performance, advanced cryptocurrency investment strategies, and extensive liquidity provision capabilities.Their advanced machine-learning techniques and state-of-the-art trading infrastructure form the backbone of our quantitative trading operations. These enables them to deliver precise data and insights, bolster risk management, develop effective trading strategies, and empower informed investment decisions.By leveraging our expertise, they strive to foster strong partnerships and deliver significant value through continuous advancement and innovation. For further information or media inquiries, users can contact:Marketing Departmentmarketing@kronosresearch.comWebsite: www.kronosresearch.comSocial Media: [LinkedIn] [Twitter] [Facebook] [Instagram]ContactPublic Relations ManagerAngie HermosaMultipoolpress@multipool.financeThis article was originally published on Chainwire More

Catalyze, the pioneering community platform for Web3 education, proudly announces the official launch of its app (catalyze.one) and campaign to onboard the next generation of Web3 leaders, ushering in a new era of decentralized community engagement, rewards, and governance. In celebration, Catalyze hosted a grand launch event in partnership with Crypto Mondays Zürich last night at Trust Square, Bahnhofstrasse.Catalyze is set to revolutionize community management with its intuitive Web3-based tools, enabling users to create and manage communities, schedule events, and facilitate value exchanges within a decentralized framework. The platform aims to become the new Web3 Learning Hub, where Web3 leaders can be rewarded, and communities can host both online and offline events.Launch of ‘Web3 Alphas’ NFT Series As part of the app launch, Catalyze introduces the ‘Web3 Alphas’ NFT series. These NFTs pay homage to the early days of personal computers and Macs and nod to the Internet Computer Protocol (ICP) on which Catalyze is built. Only 2000 NFTs will exist: 1000 will be available for purchase, and 1000 will be gifted to the first 1000 Key Opinion Leaders (KOLs), who build their New Internet communities on Catalyze.Utility of ‘Web3 Alphas’ NFTs:CTZ Token Rewards Program Catalyze is rolling out the CTZ Token Rewards Program to incentivize users to build and engage within communities on the platform. This program will be implemented in three phases:Earlier this month, Catalyze hosted a private dinner event, inviting leaders in the Swiss Web3 space to be the first to experience the app, share their stories, give feedback, and join the Web3 Alphas group. Attendees included representatives from Bitcoin Suisse, TrustSwap, Sygnum Bank, Cardano Foundation, Inacta Ventures, Amina Bank, Kuble, ZIA, CV Labs, Internet Computer, ICP Hubs, VP Bank, Swiss NFT Association, Women in Web3 Switzerland Association, Crypto Valley Association, and more. The feedback was overwhelmingly positive, with excitement from attendees about a platform dedicated to ‘DYOR’ in Web3.About CatalyzeCatalyze was founded in 2021 by Ray Laracuenta, Johann Hartmann, and Ben Everard, with a vision of community empowerment through decentralized governance. Their mission is to connect communities with user-friendly tools and instant value transfer, making the world a smaller and better place.To join Catalyze, the go-to platform for Web3 learning, and the Swiss Web3 ecosystem in celebrating the future of global decentralized community building, users can go to: catalyze.oneCatalyze Links:App: https://catalyze.oneWebsite: https://chat.catalyze.oneX: https://x.com/catalyze_oneLinkedIn: https://www.linkedin.com/company/catalyzeweb3Substack: https://substack.com/@catalyzeofficialTelegram: https://t.me/CatalyzeoneContactHead of PartnershipsKinga PilatCatalyzekinga@catalyze.oneThis article was originally published on Chainwire More

Sui joins an exclusive list of AWS-integrated blockchainsSui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon (NASDAQ:AMZN) Web Service’s (AWS) Blockchain Node Runners on Sui, providing developers with a self-managed node deployment solution. Through this integration, builders on Sui will be able to easily set up and deploy Sui full nodes within the AWS environment, benefitting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage, and monitor secure blockchain nodes. As of today, Navi, a leading liquidity protocol, will be engaged as a Node Runner user to deploy full nodes on Sui. Navi, a leading liquidity on Sui, is one of the first users to engage with Node Runners on Sui, and have deployed their first node via AWS’s service as of today. As part of AWS and Sui Foundation’s commitment to empowering Sui builders, developers and startups who utilize AWS Blockchain Node Runners or are building on Sui may be eligible for up to $5,000 in Activate credits. Sui Foundation has also joined the AWS Web3 Provider program, which offers access to tools, resources, content, and credits to Sui developersContactSui Foundationmedia@sui.ioThis article was originally published on Chainwire More

Global Mobile Payment App Revolutionizes On-Chain Cross-Border Payments with Multi-Chain CapabilitiesReveel, an on-chain peer-to-peer payments dApp, today announced that it has reached the significant milestone of 100,000 users spanning over 160 countries. The achievement makes the Binance Labs-backed startup the largest on-chain peer-to-peer (P2P) payments app available, providing users access to decentralized, transparent and secure on-chain payments globally and across multiple tokens and chains, including BNB Chain with whom Reveel recently announced a collaboration. According to Emarketer, nearly 3 in 4 US smartphone users are expected to send money over P2P payment apps by 2028. Despite this increasing adoption, cross-border payments through traditional systems still amount to $190 Trillion USD. Stablecoins provide a less expensive and complex alternative to traditional cross-border payments, but the fragmented nature of crypto across 100s of networks has proven a barrier to broader adoption.Unlike other on-chain peer-to-peer payment methods, Reveel’s Multi-Token and Multi-Chain capabilities allow users to easily make cross-border or peer-to-peer payments regardless of the token or chain of choice, within a simple one-click interface. Reveel currently supports one-click payments across Ethereum, Base, BNB Chain, Optimism, and Polygon, using all stablecoins on those chains.As a pioneering omnichain payments infrastructure, Reveel provides a number of useful capabilities including: Reveel is an omnichain payments infrastructure that enables one-click cross-chain payments, connecting people across borders and networks. As a global P2P payments protocol, Reveel allows money to flow to anyone, anywhere, on any chain. Users can create their unique programmable payments ID, facilitating seamless transactions and fostering a borderless community. Reveel’s core values include decentralization, community-driven actions, and self-sovereignty, making it a fresh, forward-thinking solution in the crypto space.For more information, users can visit r3vl.xyz or follow us on X.ContactSenior ConsultantBridget van VoorstCW8 Communicationsreveel@cw8-communications.comThis article was originally published on Chainwire More

World no.2 token Ether also retreated, seeing few positive trades even as the Securities and Exchange Commission approved six spot Ether ETFs to begin trading later in the day. Bitcoin fell 1.8% in the past 24 hours to $66,425.7 by 09:12 ET (13:12 GMT). The token had risen as far as $69,000 over the weekend, but stalled on Monday. Ether dropped 0.2% to $3,495.58, with the token expected to see some selling as major ETF issuers prepare for the launch of their spot offerings. The world’s largest cryptocurrency extended losses into a second session as a weekend rebound stalled. The weekend rebound was driven largely by lower trading volumes.Still, Bitcoin was sitting on some gains over the past week, as speculation over a Trump presidency drove up hopes for a friendlier regulatory environment.Trump is set to speak at the Bitcoin Conference in Nashville this Saturday. The Republican nominee has maintained a pro-crypto stance during recent campaigning, and his campaign also accepts crypto donations. But uncertainty over Trump’s prospects rose after President Joe Biden dropped out of the 2024 elections, instead endorsing Vice President Kamala Harris as the Democratic presidential nominee. Harris was seen receiving enough support from Democratic delegates to be elected as the presidential nominee, but still needs to be officially appointed.Trump was seen polling ahead of Biden and Harris according to CBS and HarrisX polling data from last week. But it was unclear just how Biden’s stepping down will accept polling, given that some analysts expected Harris to perform better as a presidential candidate against Trump. Ether fell as the SEC approved six different applications for a spot ETF in U.S. markets, which are set to begin trading from Tuesday. The launch comes nearly six months after spot Bitcoin ETFs were approved for U.S. markets. While the launch had provided an initial boost to Bitcoin, driving it to record highs in March, the token has since floundered around the $60,000s for most part, while trading volumes in the ETFs also eased. Additionally, Ether may face some selling pressure as Ether trust operator Grayscale, which is set to convert the trust into a spot ETF, mobilized $1 billion of the token onto exchanges. Other altcoins tracked losses in Bitcoin and Ether. SOL and ADA fell 3.2% and 4.2%, respectively, while XRP rose 3.6%. Among meme tokens, SHIB lost 4%, while DOGE slid 5.3%.According to market analysts, the current bitcoin volatility can in part be attributed to Donald Trump’s upcoming appearance at the Nashville Bitcoin conference this weekend.”Prices for out-of-the-money options have increased significantly, indicating expectations for more extreme market movements,” analysts at QCP Capital said in a note. The stronger demand and increased prices for these options reflect a general sense of anticipation among market participants.This sentiment is also evident in Bitcoin options open interest on Deribit, where options implied volatility has risen from 53% to 67% over the past week, according to data from the derivatives exchange.Several other key events could also add to the market volatility, including inflows into spot bitcoin exchange-traded funds, and the release of the U.S. GDP and Personal Consumption Expenditures Price Index reports on Thursday. More

“The robust demand for the iShares Bitcoin Trust underscores investors’ preference to access a cryptoasset through the convenience of the iShares investment platform. The launch of the iShares Ethereum Trust ETF has enabled us to now provide investors access to the two largest cryptocurrencies by market cap,” said Jay Jacobs, U.S. Head of Thematic and Active ETFs.The iShares Ethereum Trust ETF is underpinned by the same institutional grade technology and risk management expertise used for iShares’ 1,400+ ETFs globally.“The launch of the iShares Ethereum Trust ETF adds to our digital assets offering and simplifies investor access to an asset that has the potential to support a different and wide range of blockchain applications,” said Robert Mitchnick, Global Head of Digital Assets at BlackRock (NYSE:BLK). “This latest offering is a testament of our commitment to driving innovation for our clients.”ETHA follows the iShares Bitcoin Trust (IBIT), which was launched in January 2024. BlackRock’s digital assets product suite demonstrates the firm’s ongoing dedication to giving clients access to new and evolving corners of the market.To learn more about the iShares Ethereum Trust ETF, visit iShares.com/ETHA More