Cryptocurrency

The program evaluation report of Maine uncovered the state’s lack of preparedness when it comes to handling cryptocurrencies. It read:Continue Reading on Cointelegraph More

Key enhancements to Bitcoin’s code have been made through Bitcoin Improvement Proposals (BIPs) such as Segregated Witness (SegWit) and Taproot. These updates have improved transaction speed, cost efficiency, privacy, and smart contract capabilities, contributing to Bitcoin’s resilience and maintaining a zero-hack record.Bitcoin’s adoption continued to soar on Friday with over 700,000 daily transactions. Wall Street giants including BlackRock (NYSE:BLK) and Fidelity are seeking approval for a Bitcoin Exchange Traded Fund (ETF), while El Salvador has recognized it as an official currency. These developments underscore the growing mainstream acceptance of Bitcoin in both institutional finance and sovereign nations.In May 2023, Bitcoin introduced a feature called Ordinals that allows users to mint Non-Fungible Tokens (NFTs). This move signaled Bitcoin’s interest in the burgeoning $43 billion Decentralized Finance (DeFi) economy. Coupled with Layer-2 blockchains like Stacks, Bitcoin is poised to make significant inroads into the DeFi market.By Sunday, with its finite supply of 21 million coins and increasing demand from various sectors, Bitcoin’s value is projected to continue rising. However, beyond price speculation, Bitcoin’s role in bridging gaps in the financial system and driving innovation has been emphasized.Bitcoin’s journey over the past 15 years paints a picture of continuous growth and evolution. The cryptocurrency’s increasing adoption by traditional financial institutions, recognition by countries like El Salvador, and foray into the DeFi market suggest a potentially revolutionary future for Bitcoin in the global financial system.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More

According to the “Horizon 2026” report published on Nov. 7, Deutsche Börse seeks “an expansion of the leading position in the area of ​​digital platforms for existing and new asset classes.” Continue Reading on Cointelegraph More

The minister shared this information on X (formerly Twitter) on Wednesday, adding that all applicants are being onboarded onto the platform before selecting the initial cohort of 30,000 fellows.Continue Reading on Cointelegraph More

This surge is noteworthy considering the earlier sell-off pressure HT faced following allegations against Li Wei, brother of Huobi founder Li Lin. Wei was accused of acquiring tokens at no cost and then selling them for considerable profits. Despite these controversies and the lack of a clear catalyst for this price rise, market optimism seems to prevail.The wider altcoin market appears to be buoyed by the potential approval of a spot Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). This optimism is further boosted by Bitcoin trading at a 16-month high of $36,800. Since October 20, the non-Bitcoin cryptocurrency market cap has grown substantially from $505 billion to $631 billion.Despite the recent surge, HT’s current price is still significantly below its all-time high of $34.8 recorded in 2021. The reasons behind this sudden price rise remain unexplained by Huobi advisor Justin Sun. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More

Xi’s speech, pre-recorded and broadcast at the conference, stressed the need for “deepened” exchanges and cooperation to “jointly advance the building of a community with a shared future in cyberspace to a new stage.”Continue Reading on Cointelegraph More

While the price action is a welcome sight for traders, is Chainlink’s current valuation of $8.1 billion justified? Cointelegraph research shows that the impressive price surge is driven by expectations of real-world asset (RWA) tokenization and initial signs of institutional adoption. However, let’s delve deeper to assess the sustainability of the current rally.Continue Reading on Cointelegraph More

Stablecoin platform Progmat Coin, MUFG and wallet provider Ginco have begun a study with the goal of issuing a yen-denominated XJPY stablecoin and dollar-denominated XUSD stablecoin, Progmat said in a statement. This is in addition to the platform’s function enabling stablecoin issuance. Continue Reading on Cointelegraph More