The XRP Ledger tests first sidechain compatible with Ethereum apps QUICK TAKE The XRP Ledger is testing its first EVM-compatible The sidechain is expected to go live next year. XRP Ledger is testing its Ethereum Virtual Machine (EVM) sidechain, which aims to bring Ethereum smart contracts to the XRP Ledger, Blockchain core development team RippleX […]
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SushiSwap Elects New ‘Head Chef’ after On-Chain Election After months of uncertainty and debate, the SushiSwap community has elected a new “chef”. Jared Grey, former CEO of Bitfineon and the decentralized financial services ecosystem EONS, will serve as head of the decentralized autonomous organization (DAO). “With almost 11 of the 13 million yes votes, we’re
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Banks are threatened by Bitcoin – Will BTC hit $16K soon? Circle CEO shares future outlook Nicholas Merten says Bitcoin is facing a tipping point this week ahead of the CPI report release. Circle CEO says traditional financial institutions feel threatened by the idea of full reserve banking systems. Famed YouTuber and crypto analyst Nicholas
Bitcoin city is looking for more investors – This is how you get involved In September 2021, El Salvador became the first nation in the world to make Bitcoin legal tender. Now the country wants to focus on building a Bitcoin City. While El Salvador announced its goal of creating a bitcoin city last year,
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Shark Tank Superstar Believes Crypto Bull Market Will Start After This One Event Famed Canadian businessman and TV personality Kevin O’Leary, aka Mr. Wonderful, argues that once a certain stablecoin law is passed and “institutions snoop on politics, then you’ve got real upside,” and that is when Bitcoin (BTC) breaks out of the $19,000-$22,000 trading
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Binance Announces $500 Million Funding for Bitcoin Mining Binance Pool, cryptocurrency exchange Binance’s crypto mining services arm, aims to help bitcoin miners weather the crypto winter with a $500 million loan. The ongoing bear market had a profound impact on almost all industry participants, with rising fuel and electricity prices and the crypto market downturn,
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Hong Kong to Clarify Crypto Position During FinTech Week The authorities of China’s Hong Kong SAR are expected to deliver a policy statement on the development of the city’s digital asset market at the upcoming Hong Kong Fintech Week event. “The policy statement will clarify our political position on virtual assets. to global markets. It
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Is Ethereum going to continue being the Silver to Bitcoin’s gold The cryptocurrency market appears to be on the upswing, largely due to Bitcoin’s return to previous levels. ETH, which has been slightly mimicking the performance of Bitcoin, the world’s second largest cryptocurrency and number one altcoin since late September, hits $3,800 today. Experts believe
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Will Bitcoin Become More Volatile as US Inflation Hits 8.2% The impact of macroeconomic factors on cryptocurrencies and bitcoin increases as inflation rises. Both the cryptocurrency and traditional markets are facing a severe storm. Many international organizations fear that a possible global recession is about to break out. Another round of volatility has begun in
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Over 50% of major UK banks allow customers to interact with crypto exchanges As the UK continues to explore how it can engage with cryptocurrencies, a significant portion of the region’s banks are open to allowing customers to interact with digital assets. Banks in particular act as a medium that connects customers to platforms such
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