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Ripple’s XRP had quite a few bullish weeks earlier this month. The asset breached the $3 mark for the first time in seven years. XRP has struggled to gain momentum since its all-time high in January 2018. Also Read: SEC Approves Bitcoin-Ethereum ETF—Crypto Jumps 12% with $100M Inflows! XRP Glows Red Source: CoinPedia Despite the recent upswing, Ripple’s XRP token has faced a significant correction over the last few days. The asset’s price is down 0.9% in the daily charts, 2.1% in the weekly charts, and 7.4% in the 14-day charts. The asset has maintained some gains in the monthly and yearly charts, rallying 44.6% and 505%, respectively. Source: CoinGecko Also Read: Shiba Inu Holders Demand a Solana Bridge: A Collaboration Underway? XRP’s dip could be due to macroeconomic factors. The US dollar is gaining strength and investors are flocking to safer assets. The Federal Reserve has paused interest rate hikes but has not announced a rate cut yet. The Fed also plans o...

After four years, Shiba Inu (SHIB) has made significant progress. The asset has rapidly moved into the top 20 projects based on market capitalisation. Although SHIB is down by over 84% from its all-time high of $0.00008616 in October 2021, fans and investors continue to pursue higher prices. In this article, let’s explore how high SHIB can go if Bitcoin (BTC) reaches $150,000. Also Read: Shiba Inu Whale Pockets 1 Trillion SHIB, Whale Activity Surges SHIB’s Price If Bitcoin Hits $150,000 Source: Pexels If BTC hits $150,000, it would entail a rally of about 158% from current levels. Let’s consider that Shiba Inu’s (SHIB) price also grows similarly. In this scenario, the dog-themed crypto would reach a price of $0.0000344172. Also Read: Top 3 Cryptocurrencies To Watch This Week While hitting $150,000 would be Bitcoin’s new all-time high, SHIB’s reaching $0.0000344172 would still be a 150% rally away from its respective all-time high. When Will The Memecoin Rec...

Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users. The Bank of Korea (BOK) — South Korea’s central bank — has said it will invite 100,000 Korean citizens to purchase goods with deposit tokens as part of its central bank digital currency (CBDC) pilot. The testing will start “around September to October” of 2024 and last for three months.  According to a Korea Times report from Nov. 23, participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users. The goal of the pilot stage is to evaluate the feasibility and effectiveness of issuing and distributing the currency. The BOK will also collaborate with the Korea Exchange to integrate its new digital currency into a simulation system for carbon emissions trading to test the feasibility of delivery versus payment transactions. The BOK statement cited by the newspaper said: “[...] The pilot pr...

Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval. The United States Securities and Exchange Commission (SEC) could approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by Nov. 17. Beginning on Nov. 9, the SEC reportedly has a “window” to approve all 12 spot Bitcoin ETF filings, including Grayscale Investments conversion of its Grayscale Bitcoin Trust product. However, even if the SEC approve s spot Bitcoin (BTC) ETFs by Nov. 17, it could be more than a month before the products launch. The expected delay in launch following SEC approval would be due to the two-step process of launching an ETF. For an issuer to start a Bitcoin ETF, it must get approval from the SEC’s Trading and Markets division on its 19b-4 filing and its Corporate Finance division on the S-1 filing or prospectus. Of the 12 Bitcoin ETF applications, nine issuers have submitted revised prospectuses showing they have communicat...

Cryptonauts co-founder Nathan Leung tells The Agenda how and why his team creates crypto content for the culture. While the term “fake news” has been floating around for a while, the phrase was given new life and popularity when former United States President Donald Trump turned it into a viral campaign slogan. “Fake news” eventually became a generation-defining meme, and this is likely because there is a certain truth to the phrase that resonates with the public to this day. Media does occasionally make mistakes in its reporting, and even Cointelegraph is not immune to this. At the same time, news anchors, journalists and media companies are also known to cast aside objectivity and inject their personal opinions — or those of their paid sponsors — into what is promoted as strictly fact-based news. In 2023, this has become a crisis facing crypto content creators. The proverbial “jig” is up, and many investors are now well aware that much crypto -focused content has an ulterior motive...

Telegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in the potential Web3 journey of Telegram. The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight -figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, the firm announced on Oct. 4. In conjunction with funding, MEXC and the TON Foundation have entered into a strategic partnership aiming to promote global Web3 accessibility by lowering the barriers of entry. As part of the deal, MEXC crypto exchange will provide marketing services and promotion for the TON-based projects listed on their platform. The firm is also set to launch a TON collateral lending service and eliminate trading fees for the TON token. "The previous cost was the same for most cryptocurrencies on their exchange," TON Foundation’s dire...

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin to the Cosmos network via Osmosis' Nomic bridge for 1.5% of the transaction value. Users then receive Nomic Bitcoin (nBTC), an IBC-compatible token issued by Nomic Chain, on a one-to-one basis. The nBTC can be bought, sold, and used to provide liquidity on Osmosis. They are also usable across more than 50 Cosmos-linked app chains. Native Bitcoin is coming to Osmosis. Get ready for nBTC from @nomicbtc. Here's everything you need to know. pic.twitter.com/YuYX9jQamV — Osmosis ️ (@osmosiszone) October 3, 2023 The nBTC Interchain Upgrade will be released on October 27 and is expected to activate on October 30. Thro...

MarketAcross, a global blockchain marketing firm, has partnered with Japanese Web3 specialist Turingum to expand its market reach and drive blockchain adoption . Fostering Web3 business growth  Turingum aims to gain access to international companies through MarketAcross and expand its global footprint. In contrast, MarketAcross expects to strengthen its presence in the Japanese blockchain landscape by reaching a broader clientele. The deal is expected to be a win-win scenario that promises brand visibility and new avenues for client acquisition. You might also like: Nomura launches Bitcoin adoption fund for institutional investors Empowering Web3 businesses One of the key aspects of this partnership is the support it offers to businesses looking to navigate the Web3 landscape. Turingum, with its expertise in tokenomics, defi solutions, and innovative contract development, is well-positioned to provide essential insights and tools for effective Web3 strategies. Japanese f...

Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak. Decentralized exchange Pancakeswap now offers Transak as a provider in its “buy crypto” tab, giving Pancakeswap users an additional option when shopping for crypto, according to an announcement on September 21. Mercuryo and Moonpay were previously providers for this feature, making Transak the third provider to be added. Caption: Pancakeswap buy crypto tab. Source: Pancakeswap Pancakeswap is a multi chain decentralized crypto exchange (DEX). It’s available on 8 different block chain networks, including BNB Chain, Ethereum, Base, Polygon zkEVM, and others. It has over $1.3 billion worth of crypto locked in its contracts and does over $150 billion in volume per day, according to crypto analytics platform DeFi Llama. As with all DEXs, Pancakeswap can’t perform fiat to crypto conversions on its own. Users have to first own cryptocurrency in a wallet before they can ...

Guests on Hashing It Out episode 31 believe that traditional finance has hurt innovation in the African fintech space, and cryptocurrency can breathe some life into the space. Ahead of the Africa Money and DeFi Summit, Hashing It Out host Elisha Owusu Akyaw (GhCryptoGuy) speaks with Andrew Fassnidge, founder of Africa Tech Summit, and Enoch Antwi, CEO of Dnar, on the intersection between crypto currency developments on the African continent and the financial technology sector. Fassnidge shares his experience from the perspective of an investor and conference organizer who has seen the genesis of multiple unicorns on the content, and Antwi offers his thoughts from the perspective of a founder in both sectors.  Andrew Fassnidge, founder of Africa Tech Summit, opens the podcast with an explanation of the state of fintech in Africa. Fassnidge explains that despite the growth of financial technology applications on the continent, the rise of failed startups that raised huge capital has c...

Japan’s financial giant Nomura launches Bitcoin adoption fund The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura. Laser Digital’s new fund offers long-only exposure to Bitcoin (BTC). Nomura, a $500 billion Japan ese investment banking giant , has launched a new Bitcoin fund for Institutional investors . The new fund is an offering from Laser Digital Asset Management, a subsidiary of the Japanese financial behemoth and will offer institutions access to investment opportunities across the digital assets space. Fund offers long-term exposure to BTC Per details in a report by Bitcoin Magazine, the new fund is Laser Digital’s first product in a series of crypto investment solutions lined up for the growing market. Institutional investors will have access to long-only exposure to BTC. Sebastian Guglietta, the head of Laser Digital, noted that with technology key to the world’s e...

According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto , assets, such as currencies, instead of stocks , local media has reported.  According to Japanese financial news site Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). So far, Japan has lagged behind the rest of the world on embracing digital assets. However, this has been changing in recent months. Japan's primary financial regulatory authority, the Financial Services Agency (FSA), made a significant move on August 31, seeking to amend the tax code related to crypto currencies, thereby taking a more active role in crypto currency regulation. The noteworthy move is aimed at exempting local businesses from the year-e...

SSV.network launches distributed validator technology network with more than 10 partner staking DApps to help decentralize Ethereum staking. Criticisms aimed at the perceived centralization of Ethereum (ETH) staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator down times and slashing penalties. Speaking exclusively to Cointelegraph, SSV.network founder Alon Muroch outlined how the platform's distributed validator technology (DVT) developed in partnership with the Ethereum Foundation will help decentralize ETH staking pools and validators. SSV.network launched its public mainnet with more than 10 staking decentralized applications deploying their platforms on the network on Sept. 14. DVT is envisaged to decentralized the current landscape of staking providers, which is currently dominated by a handful of ETH staking pools that command a significant share of ETH locked in the ETH2 staking contra...

A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies. From thumbs-ups from friendly strangers to midnight police searches, a Bitcoin-themed van continues a whirlwind tour around Europe. Ariel Aguilar has been behind the wheel of Bitcoin (BTC) promotion efforts, driving across Europe in a BTC-themed van called La Bitcoineta. Speaking to Cointelegraph journalist Joe Hall at Plan B Summer School, the Argentinian Bitcoin proponent recalled highs and lows of the journey across nearly a dozen European nations. "Bitcoin is work. Bitcoin is time. Bitcoin is hope." La Bitcoineta parked at the Plan B Summer School in Lugano in 2023. A portion of La Bitcoineta’s journey took the van from Serbia to Lugano, which involved a border transition between Bosnia and Croatia. Aguilar had waited until midnight to cross the border, which prompted suspicion from border and customs officials. After ...

Tether’s CTO Paolo Ardoino believes that artificial intelligence would choose to use Bitcoin over more centralized cryptocurrencies like stablecoins. If humanity were to amalgamate with artificial intelligence in the future, Bitcoin could be the native currency of choice for sentient machine intelligence, according to Tether CTO Paolo Ardoino. Ardoino delved into this hypothetical reality in conversation with Cointelegraph journalist Joseph Hall during an interview conducted during the Plan B Summer School in Lugano, Switzerland. Pick your flag for the team photo! I channelled my inner @RunwithBitcoin @paoloardoino channels his adopted country pic.twitter.com/LN2TBdM84x — Joe Nakamoto (@JoeNakamoto) July 3, 2023 Ardoino believes that the de centralized nature of Bitcoin’s protocol makes it the natural choice for AI if it were to adopt a digital currency in the future: “I think AGI will definitely only choose Bitcoin.” AGI, or artificial general intelligence, refers to the ...

Twitter founder Jack Dorsey has thrown his weight behind Democratic presidential candidate Robert Kennedy Jr. Twitter founder and current CEO of fintech firm Block Inc., Jack Dorsey has thrown his weight behind pro- crypto Democrat presidential candidate Robert F. Kennedy Jr.  “He can and will,” wrote Dorsey, sharing a YouTube clip from Fox News, featuring Kennedy explaining how he plans to beat popular Republican presidential candidate s Ron De Santis and Donald Trump. He can and will https://t.co/zrKLc2BKhz — jack (@jack) June 4, 2023 When a user asked if he was “endorsing or just predicting?” Kennedy, Dorsey replied with “both.” Robert Kennedy is the nephew of the United States’ 35th President John F. Kennedy, and the latest member from the Kennedy families’ political dynasty to put their name up for a presidential bid. Kennedy, an environmental lawyer and outspoken anti-vaccine advocate, first announced his presidential campaign on April 19. Notably, Kennedy is a strong ...

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to a number of blockchain protocols. Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network . The American cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership that is set to improve decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services a number of leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network, and responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens Web3 startup program with 11 blockchain firms Chainlink essentially creates a bridge between Web2 and Web3 by sourcing, formatting and transmitting data to smart...