• Satoshi Nakamoto created Bitcoin by using a peer-to-peer network to develop a decentralized financial system that forbade double spending.
• Because of Nakamoto’s secrecy, the Bitcoin community has been more active in development and speculation, highlighting the need for a trustless financial system.

A revolutionary white paper in 2008 gave rise to Bitcoin, which represented not only a brand-new form of digital currency but also a fundamental reinterpretation of what money migh?t be in the digital age—a decentralized, peer-to-peer system free from any central control.

Opening Satoshi Nakamoto: Bitcoin’s Origins

The story started more than ten years ago when Satoshi Nakamoto unveiled the idea of Bitcoin in a well-written paper called “Bitcoin: A Peer-to-Peer Electronic Cash System.”

Getting Out of the Double-Spending Traid

There have been other attempts at virtual currencies before Bitcoin, but none of them managed to solve the problem of doub??le-spending—the possibility that a ?digital token may be duplicated and used more than once.

Construction of an Untrustworthy System

Riches of Satoshi Nakamoto

Theories and Possible Identity

Other participants in this rumor mill have included Hal Finney, Nick Szabo, and estrela bet:Craig Wright, the latter of whom famously claimed the identity directly. None of these assertions, meanwhile, have clarified Nakamoto’s actual identity.

Also, Crypto News Flash has reported that Ripple’s CTO offered his thoughts on the continuing controversy over estrela bet:Satoshi Nakamoto’s identity.

Future and Legacy of Bitcoin

• Maribor hosts its first Bitcoin conference, NiceHashX, aiming to spotlight Bitcoin’s role in Slovenia and celebrate NiceHash’s 10-year journey.

• The event features top speakers like Saifedean Ammous and Jameson Lopp, discussing topics from European Bitcoin adoption to the future of exchanges.

Leading hashrate marketplaceestrela bet: NiceHash is set to host the inaugural NiceHashX conference on November 8 and 9, a major event for theestrela bet: European crypto world. The conference aims to spotlight Slovenia’s burgeoning role in the Bitcoin ecosystem, showcasing the country’s vibrant Bitcoin adoption and innovative blockchain startups.

The conference marks a significant milestone for NiceHash, founded by Slovenian students in 2014. With a decade of operation under its belt, NiceHash has witnessed exponential growth in Bitcoin interest and adoption, particularly in Maribor and across Slovenia. The event celebrates this journey while offering attendees a glimpse into Bitcoin’s practical applications in everyday life.

NiceHashX boasts an impressive lineup of speakers, including notable figures like Saifedean Ammous, author of The Bitcoin Standard, and Jameson Lopp, CTO of CASA. Topics up for discussion range from European Bitcoin adoption and regulation to the future of cryptocurrency exchanges. Attendees can expect engaging discussions and insights from industry experts. According to , Vladimir Hozjan, CEO of NiceHash, “We are delighted to welcome the world to discover how Slovenia is leading the way in European Bitcoin adoption.�?/span>

Showcasing Local Bitcoin Enterprises

A key highlight of the conference is the s??potlight on local Maribor companies actively utilizing Bitcoin technology. With over 1,000 businesses in Slovenia already accepting BTC payments, the event aims to showcase the practical applications of Bitcoin in various industries. Multiple stages will feature presentations from these enterp??rises, providing valuable insights into their experiences with Bitcoin adoption.

Aside from the main conference sessions, attendees can explore an exciting expo area featuring the latest developments in the crypto space. Side events, including an official after-party with a VIP dinner and music show, promise networking opportunities and ente?rtainment. Additionally, NiceHash will demonstrate a BTC payment solution with local merchants, highlighting the ease of using Bitcoin for everyday transact??ions.

Moreover, Slovenia boasts the second-largest number of blockchain startups after Switzerland. The country’s high Bitcoin adoption rate per capita is evident through the numerous businesses accepting the cryptocurrency, ranging from restaurants to supermarkets. With initiatives like BTC City in Ljubljana and the Satoshi monument, Slovenia is gradually solidifying its position in the global cryptocurrency landscape.

Driving Bitcoin Adoption Beyond Borders

With initiatives like NiceHashX, Slovenia is taking proactive steps to position itself as a hub for Bitcoin innovation and adopti?on. As Bit??coin continues to gain mainstream acceptance, events like NiceHashX play a crucial role in driving global adoption and fostering collaboration within the crypto community.

It is worth noting that in the last ten years, NiceHash has been a major factor in the adoption of Bitcoin, impacting more than 6.5 million people worldwide. It provides a strong mining environment in addition to Bitcoin payment services, such as the world’s first automated, instantaneous Lightning Network payouts for miners, which will begin in 2024. Since 2020, this function has supported the Layer-2 payments network, making it possible to pay out mining rewards quickly and effectively to an external LN address.

• Ripple exec stresses the approach of Ripple and the essential function of tokenization in future payments.
• At $0.5007 right now, XRP is expected to increase to $3.

Head of payments marketing Oliver Segovia recently shared his predictions for the future of transactions on social media. Segovia said, in a provocative statement, “Tokens are the basis of everything. We all use tokens for transactions.”

This succinct statement might provide some insight into how Ripple plans to develop its business model and how XRP fits into the digital economy.

Everything computes via tokens.
Everyone transacts via tokens.

— Oliver Segovia – ph/acc (@oliversegovia) estrela bet:May 14, 2024

Function of XRP and Tokenization

In the core of Ripple’s cross-border payment solutions is estrela bet:tokenization, the process of transforming rights to an asset into a digital token on a blockchain. Because it offers liquidity and permits real-time cross-border settlement, XRP is an essential digital asset in facilitating these transactions. As such, XRP is a crucial component of Ripple’s financial transactional future.

The manner in which value is transferred internationally is about to be completely transformed by this technology. The creative way Ripple approaches things guarante??es that it keeps ?ahead of the quickly changing digital economy.

Market Trends and Forecasts

As of right now, XRP is trading at about $0.5007, slightly up 0.04% over the previous 24 hours, according to CoinGecko data. This pricing, nevertheless, also reflects a 5.49% drop in the last seven days. Thou??gh this recent decline is concerning, XRP?? has a bright future.

The price of XRP may rise to $3, according to earlier CNF reports, that have emphasized trustworthy signs and current bull patterns. The solid basis for these projections is the growing use of blockchain technology and Ripple’s dedication to tokenization.

• Ripple’s XRP faces challenges amid its legal battle with the SEC, but the company remains focused on driving change in the Web3 space.
• Three key developments in the Ripple ecosystem could drive XRP’s price higher. These include the potential for a Ripple IPO, the integration of Ripple technology with banks, and the possibility of a settlement in the Ripple-SEC lawsuit.

1. Ripple Initial Public Offering (IPO)

Ripple may set new records with a potential IPO, according to Brad Garlinghouse. In an interview, the Ripple CEO discussed the possibility of launching an IPO to expand the company’s reach and workforce. Garlinghouse indicated that while the IPO plans are being considered, they are likely to gain momentum after the resolution of Ripple’s case with the SEC. Should the IPO plans progress, it could significantly impact XRP’s trajectory, per the estrela bet:Crypto News Flash report.

2. Ripple Bank Integration

Ripple stands out from its competitors due to its extensive network of alliances and its commitment to forging significant partnerships with top players in the banking industry. Despite facing challenges with the SEC, Ripple remains focused on expanding its reach. The company has formed strong partnerships with numerous banking institutions, enabling them to fully explore the capabilities of the XRP ledger and XRP toke, as estrela bet:reported by Crypto News Flash.

: The Central Bank of France has commended #Ripple’s technology $XRP as a promising option for the European Central?? B?ank Digital Currency.

The $XRP Ledger stands out as the top contender to support the digital euro due to its unmatched ability to manage heavy transaction�?estrela bet:pic.twitter.com/uXuZQbiA4W

— Brett Hill (@Brett_Crypto_X) estrela bet:May 12, 2024

3. The Ripple-SEC Lawsuit Settlement

• With new medical facilities, XRP Healthcare makes a major impression in Uganda.
• Price of XRP slightly rises in the midst of the ongoing legal dispute between Ripple and the SEC.

By effectively registering its trademark in Uganda, XRP Healthcare has reac?hed a noteworthy milestone. In keeping with its larger plan to transform healthcare services in Uganda, this calculated move allows the corporation to open it?s own pharmacies, medical facilities, and hospitals throughout the nation.

Exciting update from XRP Healthcare!

We're thrilled to announce our Trademark Registration Success in Uganda, marking a significant milestone in our commitment to revolutionize healthcare in the region.

Read more about this pivotal step here: estrela bet://t.co/2Z6cen12kz estrela bet:pic.twitter.com/vngpALfttU

— XRP Healthcare (@XRPHealthcare) estrela bet:May 13, 2024

XRP Healthcare: Move Strategically and More Comprehensively

Part of XRP Healthcare’s extensive strategy to improve healthcare accessibility and standards in Uganda is trademark registration, in line with what CNF previou?sly disclosed. The corporation wants to drastically change the healthcare environment in the area by opening its branded facilities, therefore making high-quality medical treatment accessible to more people.

estrela bet:XRP Healthcare has said that it would no longer be working with outside companies and will operate autonomously. With this ch??ange, the company strengthens its position in the Ugandan healthcare market by demonstrating its dedication to managing its activities under its own administration.

Plans of Growth and Strategic Developments

Completed with trademark registration, XRP Healthcare is estrela bet:getting ready for a big expansion phase in Uganda. The corporation wants to improve the quality of healthcare services, so it has announced plans to merge and buy private healthcare facilities. Strategic alliances and funding will back these initiatives, which will concentrate on increasing all Ugandans’ access to comprehensive medical care.

Compliant and Integrated

“We are prepared to build our brand here through the acquisition of pharmacies, medical centers, and hospitals with the XRP Healthcare Trademark now registered in Uganda.”

Latest XRP Market Data

XRP has performed somewhat well in the market despite these changes. CoinMarketCap data shows that the price of XRP at the moment of writing is about $0.5034, slightly up 0.66% from the previous day. Still, throughout the last week, the price has dropped by 5.96%.

As previously reported by ETHNews, these swings come as Ripple works through estrela bet:legal issues with the SEC; parties and thi?rd parties have?? lately been obliged to file omnibus requests to seal all relevant papers in the matter.

• Coinbase may relist Terra Luna Classic (LUNC), following a significant uptick in token staking and market activity.
• This potential relisting could herald new all-time highs for LUNC, revitalizing interest after past market turmoil.

Recently, Terra Classic (LUNC) has reached a new milestone in s?t??aking achievements, with levels indicating a bullish phase for the cryptocurrency. This information was detailed in a prior report by CNF, which highlighted the growing investor confidence in LUNC’s potential for substantial token burns to reduce supply and drive up value.

Coinbase’s Re-engagement with LUNC

As revealed in today’s CNF YouTube video, Coinbase is considering the relisting of Terra Luna Classic on its trading platform. This development follows the reinstatement of LUNC swaps in the estrela bet:Coinbase Wallet, which sparked a modest price i??n?crease of 1.10% within 24 hours to $0.0001054.

The enthusiasm within the LUNC community is palpable, as estrela bet:Coinbase’s renewed interest in the token suggests a restored faith in its market viabilit??y. This is a noteworthy turnaround from the 2022 debacle involving Terraform Labs that le??d to the emergence of Terra Luna Classic from the ashes of Terra Luna (LUNA).

Potential for ATH Surge?

JUST IN: $LUNA is showing as a asset not supported by estrela bet:#Coinbase, and $LUNC is showing available to trade on Coinbase wallet. Bullish! Time to send estrela bet:#LunaClassic to the moon! #Crypto estrela bet:#LUNCcommunity estrela bet:pic.twitter.com/FklO8BQ41o

— Mr. Diamondhandz1 (@MrDiamondhandz1) estrela bet:May 13, 2024

According to today’s Coin Market Cap, LUNC has surged by 0.33% in the last 24 hours, despite a decrease of 1.86% over the past week, maintaining a price of $0.0001047. The price chart below provides a visual representation of these fluctuations, illustrating the dynamic nature of estrela bet:LUNC’s market activity. The potential relisting by Coinbase could further stimulate investor interest and market activity, pot?entially leading to new all-time highs for LUNC.

estrela bet:This strategic shift by Coinbase could not only impact LUNC’s immediate pricing but might also set a precedent for how major exchanges reassess cryptoc??urrencies after significant market events.

• Experts say Toncoin’s (TON) price could surge to $29.85 before the year’s end.
• Analysts believe Cardano’s (ADA) price could reach $1.43 in 2024.
• Milei Moneda’s ($MEDA) presale attracts attention with the potential for high returns.

Investors seeking lucrative opportunities have their sights set on the presale of Milei Moneda ($MEDA), where the potential for 100% returns beckons. Meanwhile, Toncoin (TON) and Cardano (ADA)?? investors exhibit patience as they await fav??orable outcomes in the form of growth and recovery.

But the main question is, can $MEDA outperform with these top crypto coins? Find the details below!

Milei Moneda Ignites Investor Enthusiasm Before Its Launch

The Milei Moneda presale is fast becoming a beacon of hope among investors who are actively seeking opportunities to target impressive returns. With Stage 1 already sold out in record time, the momentum behind this memecoin project is undeniable, paving the way for even more enticing gains.

Presale investors also enjoy captivating perks, including voting rights, monthly giveaways, discounts, and access to the coolest NFTs that are sure to appeal to the crypto-sav??vy community.

As Stage 3 of the presale unfolds, investors have a chance to acquire the Milei Moneda token at an altcoin price of $0.015, an offer that is hard to resist.

Early investors who participated in Stage 1 have already reaped a 50% profit, and their excitement grows as they anticipate a remarkable 100% gain when $MEDA rises to its projected DeFi coin price of $0.020 upon its upcoming Uniswap launch.

For Stage 3 investors, the prospects are also promising, with a potential 33.3% ROI within reach. Notably, industry experts are predicting a staggering 100x surge in the price of $MEDA ?once it? starts trading on various crypto exchanges. 

Toncoin Gains Momentum With HashKey Listing 

Toncoin has experienced impressive growth since the beginning of 2024, following over 270% gains in the past year. Although the price of TON declined over the past month, it bounced back with an over 20% increase last week as Toncoin achieved a significant milestone by securing a spot among the top ten cryptocurrencies in terms of crypto market cap.

This achievement came after Toncoin was recently listed on the HashKey cryptocurrency exchange platform. The partnership represents a strategic move for both parties, aiming to further integrate Toncoin into everyday financial transactions within the Asia-Pacific region.

With the move expected to increase its trading activity, many crypto analysts anticipate Toncoin’s value will continue rising. They predict the price of TON could surge to $29.85 before the end of 2024 as interest and adoption gr?ows. 

Rising Demand For Cardano Signals Promising Outlook

Cardano has been on a downward trajectory in the first few months of the year after experiencing a modest surge of over 19% in the past year. However, there are now signs of recovery in the price of Cardano, as it has shown a nearly 23% surge in the last seven days, even amidst a broader ?market pullback.

This unexpected reversal in ADA’s price trajectory coincides with a remarkable surge in its trading volume. The increased volume indicates a significant influx of buying and selling activity, reflecting higher market participation and improved liquidity ?for the cryptocurre??ncy.

With growing investor interest, industry experts are optimistic about Cardano’s prospects. According to their projections, the price of Cardano’s native token, ADA, could reach as high as $1.43 in 2024.

Summary 

As Milei Moneda’s presal??e offers the potential for 100% returns, investors see it as a prime opportunity to profit. Meanwhile, holders of Toncoin and Cardano remain patient as both projects gain adoption and traction, anticipating the values of TON and ADA will rise further in the future.

Got $MEDA curiosity? estrela bet:Visit us or chat on estrela bet:Telegram for the inside scoop. Fast, fun, and informative!

While Dogecoin has been a mains??tay in the meme coin space and endorsed by Elon Musk, some new meme coins are emerging, ready to slug it out. One such meme coin is KANG which has maintained a meteoric rise since the start of the year. Early adopters of this token have already made up to 400% as the token continues to appreciate. With the bull market incoming, KangaMoon is expected to produce a more bullish performance.

Dogecoin Price Projected To Surge in the Coming Months

After a significant drop that has characterized Dogecoin’s price in the past few months, Dogecoin has reached a key support level that may pave the way for subsequent upswings. Although the token has an increase of 98% over the past year, its monthly record of 16% drop shifted the momentum to the bearish sentiments. However, Dogecoin is in a critical support zone, which may prevent further price drop.

With the coming months expected to align with the bull market, the Dogecoin token may likely experience a price improvement. Furthermore, the Dogecoin relative strength index (RSI) is getting closer to the 44.4 threshold, which analysts observe??d is nearing the oversold area. With Dogecoin trading volume experiencing a spike in the past few weeks, analysts have pushed up their Dogecoin price prediction? to $0.5 for 2024.

KangaMoon – One of the Meme Coin Titans That Can Hit $1

While Dogecoin reaching a key support level may signify a potential price reversal, KangaMoon’s attractive qualities made it one of the meme coin titans. KangaMoon has a long-term vision of becoming the kingmaker in the billion-dollar play-to-earn gaming market. As a result, the platform is building a resilient, utility-backed meme coin, giving it an edge over many of its contemporaries.

While many meme coins have no utility, KangaMoon combines two: GameFI and SocialFi, thereby creating a stronger community. The platform allows users to earn through these two functionalities. While a fraction of the tokenomics will be used to reward players as in-game benefits, another fraction will be given as free tokens to active users across the platform’s social media campaigns.

The outcome of these nice initiatives has seen KangaMoon gain grand recognition within the meme coin space. With community participants exceeding 25,000 and active holders exceeding 6,000, KangaMoon has raised $6.6 million in presale, indicating the project’s wide acceptance among investors. In terms of ROI, KangaMoon is one of the top meme coins that has returned 400% profit to early buyers.

The KANG token is sold for just $0.025. The KangaMoon ROI is already staggering, but a surge of 1000% may be on the ?way. Analysts believe ??once KangaMoon ends the presale and launches, the token will be picked up by many CEX exchanges. As a result, KangaMoon remains one of the top meme coins to invest in now with a potential to reach $1.

Conclusion

Truly, Dogecoin may have the footprint of Elon Musk writing over it, but KangaMoon’s potential may surpass it. With the Dogecoin market cap going above $20 billion, investors are likely to make less profit compared to KangaMoon with a very low market cap. This makes KangaMoon the best meme coin to invest in 2024. 

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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• Keith Gill makes another appearance after three years, triggering a huge demand for GameStop (GME) and forcing an unexpected price appreciation. 

• However, eToro’s market analyst does not foresee any significant impact on the long-term price of GME, claiming the global cost of living crisis is different from that of 2021. 

The memory of the unprecedented surge of GameStop’s shares (GME) in 2021 still remains fresh in the minds of investors. At that time, GME witnessed a staggering 1,000% in less than a month after individual investors embarked on a buying spree in a video game trailer’s shares via online message boards. 

Prior to that, the GME shares had lost a third of its value over the previous five years with investors betting the stock would fall. Interestingly, a? former financial broker and analyst Keith Gill, kno?wn by the social media name Roaring Kitty was pointed out as one of the drivers of that significant bullish reversal, pushing him to fame in 2020 and 2021. However, the House Financial Services Committee in February 2021 called him to testify as part of an investigation regarding potential market manipulation. 

Three years after this incredible occurrence, Gill makes a sudden and estrela bet:unexpected appearance for the first time since June 2021, sparkling reactions as retail investors celebrate with comments like “he’s back�? and “just in time for the memecoin supercycle.�?Expectedly, GME shares reacted with a 74.5% surge on Monday.

According to Birdeye data, GameStop spiked by 3,650% in a single day, causing a ripple effect on the crypto market with Dogecoin and estrela bet:Shiba Inu surging by 6.2% and 5.4% within the same time frame. Theater chain A??MC Entertainment (AMC) also witnessed a 78% rally on Monday. However, the shares are not too far above their record low of 2.38 in April. 

eToro Market Analyst Does Not Expect Any Significant Rally

Contrary to the ongoing reactions, eToro market analyst Josh Gilbert believes that GME would not have it easy this time around. However, he admitted that a short-term rally could certai??nly be ignite??d.

?I think it will certainly ignite some short-term moves from th?ese assets, but it’s hard to see any longevity.

Also, Gilbert noted that the incredible shorts on assets like GameStop were smaller compared to the 2021 occurrence. This implies that the size of the move to the upside would equally be smaller. Per his observation, th?ere is an ongoing global cost of living crisis, making it difficult for consumers to be in the same position as 2021. 

The environment is just not comparable to 2021 when interest rates were at rock bottom, governments were providing fiscal stimulus globally, and major economies had little to no inflation…We have 5.5% interest rates in the United States and there is a global cost of living crisis going on. Simply, consumers are unlikely to be in the same position as they were in 2021 and that has a huge im?pact on financial decisions.

Regardless, Gilbert believes that anything is possible as shown by the 14.5 million? users on WallStreetBets in the la??st five years. 

Far from this conservative analysis, pseudonymous trader Travis has noted that a new wave of GameStop degens is purchasing meme coins and other cryptos via Robinhood, thanks to the recent collaboration between Uniswap and the decentralized exchange as formerly estrela bet:reported by Crypto News Flash. 

• Ripple’s recent movement of 100 million XRP has sparked significant market speculation.
• Legal developments and celebrity comments continue to influence the cryptocurrency’s community and valuation.

Following a detailed report by CNF, R??ipple has continued its pattern of significant transactions, transferring 100 million tokens to an external wallet. This move has raised eyebrows and speculation about Ripple’s strategic motives, reflecting ongoing market monitoring and theories regarding their potential impacts on the? cryptocurrency market.

The most entertaining outcome �?as if we’re in a soap opera �?is the most likely ERM

— Elon Musk (@elonmusk) estrela bet:March 17, 2024

Additionally, another recent CNF post suggested a potential link between Musk and a smart contract wallet associated ??with Ripple, speculating that Musk might be becoming a significant XRP holder (“XRP whale”) and potentially influencing the price to rise to $2.

Legal and Market Dynamics

Amid these significant transfers and celebrity narratives, Ripple remains ent?angled in a legal battle with the SEC, a situation that directly intersects with these large XRP movemen?ts. The cryptocurrency community is keenly observing this case, especially regarding possible financial penalties or remedial actions.

Despite these challenges, the XRP price demonstrates resilience: according to Today Coin Market Cap data, Ripple’s XRP is priced at $0.5053, showing a slight increase of 0.33% over the past day, yet a decrease of 5.33% over the past week. This price t?rend follows more than five years of triangular consolidation, hinting at an imminent bullish breakout for XRP against the US dollar.

This narrative collectively underscores the intricate dynamics of regulatory challenges, market forces, and high-profile public interactions shaping estrela bet:Ripple’s strategic di??rection and the broader impli?cations for the cryptocurrency ecosystem.

• DOJ picks FRA over Sullivan & Cromwell to monitor Binance, aiding compliance efforts after money laundering allegations.

• FRA was chosen over Sullivan & Cromwell due to controversy, ensuring compliance with the plea agreement.

The United States Department of Justice (DOJ) has appointed Forensic Risk Alliance (FRA), a consulting firm based in London, as the monitor for Binance, the world’s largest cryptocurrency exchange. This move comes as part of Binance’s plea deal with the DOJ last year following allegations of money laundering violations. 

We asked estrela bet:@TheJusticeDept and Judge Kaplan to hold co-conspirators acco??u?ntable at SBF’s sentencing

Sullivan and Cromwell were the lead to monitor Binance DOJ has now picked Forensic Risk Alliance to monitor Binance

Well done to every FTX customer for all the victim impact�?estrela bet:pic.twitter.com/DuDjaAr8F3

— Sunil (FTX Creditor Champion) (@sunil_trades) estrela bet:May 10, 2024

Under the terms of the deal, Binance agreed to pay $4.3 billion in fines and appoint an independent compliance monitor. The appointment of FRA signifies a significant step in Binance’s efforts to address regulatory concerns and ensure compliance with the law.

FRA Over Sullivan & Cromwell

In a recent Bloomberg report, anonymous sources revealed that Forensic Risk Alliance was selected over Sullivan & Cromwell, a prominent Wall Street law firm, to serve as the independent monitor for Binance Holdings Ltd. The monitor’s primary responsibility is to assess Binance’s practices, ensure compliance with the plea agreement terms, and foster an effective ethics and compliance program.

The decision to opt for FRA instead of Sullivan & Cromwell may have been influenced by controversy surrounding the latter’s involvement with the now-defunct FTX exchange. FTX creditors filed a class action lawsuit against Sullivan & Cromwell, alleging complicity in the exchange’s collapse. While FTX’s new management has defended Sullivan & Cromwell, the fallout from this controversy potentially swayedestrela bet: the DOJ’s decision.

While Sullivan & Cromwell missed out on the DOJ monitorship, it is still expected to secure a separate five-year monitorship for Binance on behalf of the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). This dual oversight underscores the seriousness of regulatory bodies approaching Binance’s compliance obligations.

Canada Fines Binance for Compliance Issues

Despite these challenges, Binance has reiterated its commitment to enhancing compliance measures. The establishment of its inaugural board of directors marks a strategic step in this direction, signaling the exchange’s dedication to addressing regulatory concerns and bolstering ??transparency.

Binance remains under intense government scrutiny, with FRA set to monitor its activities for the next three years. Despite ongoing legal battles, in?cluding a ruling pending on a joint motion to dismiss, Bin?ance continues to navigate challenges, including disputes with regulatory bodies over the status of stablecoins like BUSD.

Former CEO’s Legal Troubles

The DOJ’s appointment of FRA comes estrela bet:amidst legal troubles for Binance’s former CEO, Changpeng “CZ�?Zhao. Zhao was recently sentenced to four months in prison for his failure to maintain an effective Anti-Money Laundering (AML) program at the crypto exchange. While prosecutors initially sought a three-year prison term, the judge ultimately decided on a shorter sentence, citing a lack of evidence linking Zhao directly to specific illegal activities at Binance.

Now and then, the cryptocurrency market plunges into a huge frenzy, as traders and buyers search for the next big opportunity. With new cryptocurrency, Rollblock (RBLK) steamrolling the competition with impressive features, it’s time to forget the ?likes of Binance Coin (BNB), Near Protocol (NEAR), and Polkadot (DOT) 

Near Protocol Token Might Be One of The Best Cryptocurrencies To Buy 

Near Protocol (NEAR) has established itself as a mainstay token following its debut in the altcoin market some?time in the mid-2020. Its prominent features and innovative technology has further solidified its position ?among top ranking cryptocurrency by market cap, with many traders and crypto enthusiasts trooping to its network by the day. 

Having recorded a notable surge of over 330% in the estrela bet:last year, the native NEAR token has witnessed a growing adoption rate that has had significant impact in the Network overall growth as well as boosted NEAR price over time. Although, t??he bear market has taken a toll on ?NEAR price in recent time, analysts are predicting a resurgence for Near price, expecting it to mirror its previous successes.

Polkadot Network’s Interoperability Feature Sets It Apart In The Altcoin Market

Known for its innovative interoperability feature, Polkadot (DOT) has established itself as a mainstay cryptocurrency in the altcoin market. With a 24% surge in the estrela bet:last year, Polkadot has seen an increase in its trading volume, suggesting a coming surge with??in the next few months. 

Meanwhile, Polkadot network’s cross-chain feature enables its users to interact with different blockchains, making the native DOT token a standout crypto coin in the market. With a market cap of over $9.6B, Polkadot’s (DOT) rise to prominence has been one for the books, with the token demonstrating its resilience despite the bear market.

Binance Coin Recognized As a Top Player In The Cryptocurrency Market

Binance (BNB) Coin has continued to dominate the crypto market as the fourth largest cryptocurrency by market cap, with the blockchain network hosting one of the largest cryp?tocurrency exchanges in the world. On its exchange platform, users can conveniently trade and execute quick and secure transactions, making the native BNB token a top choice among traders and buyers. 

After recording a 91% increase in the last year, the Binance network witnessed the mass adoption and purchase of its native token, BNB. Furthermore, its current estrela bet:market cap?? of over $87.7B pl?aces it at the top part of the cryptocurrency chart. 

Rollblock (RBLK) Disrupts The Competition With Top-Notch Features 

estrela bet:Rollblock (RBLK) has made a grand entry into the crypto market by carving out a unique niche as a GambleFi protocol. Not only that, Rollnlock’s innovative gambling platform distinguishe??s itself as ??a disruptor in the $450B valued gambling market. Yes, you read that correctly.

Leveraging blockchain technology, Rollblock is able to solve predominant challenges within the traditional online gambling landscape such as transparency and security. This way, the new GambleFi protocol demonstrates outstanding potential to climb up the ranks among top crypto coins in the market. Moreso, casino enthusiasts are given access to a network that pla??ces priority on asset security providing a trustworthy platform for its users. 

Additionally, Rollblock introduces a one-of-a-kind profit-sharing model that allocates up to 30% of the token’s weekly revenue to users and players alike. Furthermore, the profit-sharing model employs an innovative token burn feature, eliminating up ?to 50% of the circulating token and allocating the other half for staking rewards. In turn, this drives up participation and adoption within Rollblock’s ecosystem. 

Currently trading for an affordable price of $0.01 per token analysts tout Rollblock’s surge to be inevitable. Owing to its current trajectory and impressive roadmap, it is expected that Rollblock will rise to bec??ome one of the best cryptocurrencies to buy before the end of the year. Besides, Rollblock’s native Casino Arena has already gone live, and interested players can access an abundance of gameplay without the need for KYC or additional downloads.

Will Rollblock (RBLK) Surpass The Successes Of  Bonance, Near Protocol and Polkadot Tokens Collectively?

With an impressive roadmap and innovative features, Rollblock has emerged as a game changer in the altcoin market. While it continues to witness more adopt??ion and purchase within its network, analysts are tou??ting Rollblock to mirror and perhaps surpass the success of other altcoins, potentially making it one of the best cryptocurrencies to buy this year.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

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• The United States crypto community will have a huge impact on the next POTUS in the upcoming election, thus signaling a major shift in financial freedom.
• Cardano’s founder believes the crypto industry is the only hope for financial freedom while the CBDC is a surveillance tool for the government.

As the 2024 United States pres??idential election draws closer, it is more evident that it is a two-man race between Democratic candidate Joe Biden and Republican bearer Donald Trump. However, the American voters are divided among dozens of issues including illegal immigrants, rising national debts, global wars, and the crypto regulation. 

As a result, the US presidential candidates have been forced to come out clear on their respective stand on the issue of crypto regulation. While Biden has remained tough on the crypto issue, as observed via the US SEC stance on Bitcoi??n and altcoins, Trump on the other hand rec?ently endorsed the crypto market.

Nonetheless, the more than 52 million crypto investors in the United States must consider other factors while electing their next pres??ident in addition to crypto regulations.

Cardano’s Hoskinson on Crypto Industry and Upcoming US Election

As est??rela bet??:Crypto News Flash previously pointed out, the Cardano (A?DA) team led by CEO and founder Charles Hoskinson, has been advocating for a third-party presidential candidate. According to Hoskinson in a re?cent X post, Trump and Biden are just leveraging the crypto narrative to win the presidential seat later this year.

“I’m on the left and understand that the 20 percent of America that holds Crypto is pretty pissed that Biden caused massive harm to our entire industry arbitrarily and capriciously. Still, we can’t let the Orange Man back in, so vote for Biden anyway, even though he wants to put you out of business,�?Hoskinson noted.
The renowned crypto leader highlighted that American ??voters should be wary of any politician seeking to derail the crypto narrative in the future. Moreover, Hoskinson noted that the crypto industry gives more people’s voices heard in addition to financial freedom. 

“Our industry isn’t about building arbitrary products or debating taxes and regulations. It’s about a new social contract that holds governments, corporations, and transnational bodies accountable to the people they should serve. Being anti-crypto means we should accept no accountability and unlimited power to the few,�?Hoskinson added.

Meanwhile, Hoskinson reminded the crypto community that the Central Bank Digital Currencies (CBDCs) should not be allowed to see the light of the day. Hoskinson noted that CBDCs are government tools used to widen financial surveillance. As such, Hoskinson indicated that governments should allow people to bui?ld robust web3 smart contracts that enable shared humanity.

Market Picture

The United States government has technically endorsed Bitcoin as the only commodity in the digital asset space through the recent approval of spot BTC ETFs. The upcoming final decision of the spot Ether ETF in the United States will significantly shed light on the next altcoins regulatory phase. Nonetheless, the US risks being cut off from the rest of the world – led by Europe, and Asia – that continues to enact clear crypto regulations geared towards adopting the web3 industry and digital assets.

• New Litecoin (LTC) updates could cause LTC to rise to $95.47 in the coming weeks.
• The recent partnership with Pantera Capital will spur Toncoin (TON) to reach $7.85 before mid-June.
• Investors remain impressed as estrela bet:Rebel Satoshi ($RECQ) delivers a staggering 120% return amid the ongoing $RECQ presale.

For beginner cryptocurrency investors who missed the March surge, experts have identified the best cryptos to invest in. Leading the pack are LTC, TON, alongside Rebel Satoshi’s secondary token, $RECQ, currently available in a presale. Let’s delve into what sets Litecoin, Toncoin, and $RECQ apa?rt as the top crypto projects poised for dominance ?this year.

Litecoin Price Prediction: LTC Is Set For A Significant Uptick Soon 

During an interview on April 30, Litecoin creator, Charlie Lee, expressed confidence in the future approval of a Litecoin Exchange-Traded Fund (ETF), highlighting that it’s a matter of timing rather than uncertainty. Lee pointed out the parallels between Litecoin and Bitcoin, underscoring Litecoin’s potential as an ETF candidate due to its proof-of-work system and commodity-like characteristics.

Since this news, the price of LTC has increased slightly. On April 30, LTC was valued at $79.50, but its value increased to $81.69 on May 4, signaling a 2.63% rise for LTC. Some experts have a positive outlook for Litecoin because of the crypto market bull wave. Thus, they predict that LTC will rise to $95.47 before the end of June.

Conversely, some Litecoin analysts have a negative outlook for Litecoin because technical indicators like the Awesome Oscillator forecast an imminent downtrend. Consequently, they expect LTC to drop to $75.11 in the next two weeks.

Toncoin Price Prediction: New Ecosystem Improvements May Engineer TON’s Rise

On May 3, Toncoin announced that Pantera Capital had joined its ecosystem, thereby becoming a validator for Toncoin. This news caused some excitement in Toncoin’s community, and its value has increased slightly. On May 3, TON traded at $5.69, but its value increased to $5.75 on May 4, representing a 1.05% rise in TON’s price.

Meanwhile, in terms of price predictions, some experts are bullish about the Toncoin price because of the new initiatives in its ecosystem. Consequently, they predict that TON will rise to $7.85 before mid-June.

On the other hand, some analysts have a bearish outlook for Toncoin because of sell-offs from investors looking to take profit from their holdings. As such, they expect TON to drop to $5.04 within the next two weeks.

Rebel Satoshi Redefines Meme Coin Dynamics Through $RBLZ and $RECQ Tokens

During the bear market of 2023, one standout project emerged: Rebel Satoshi. Drawing inspiration from the ideals of Guy Fawkes and Satoshi Nakamoto, Rebel Satoshi operates on the Ethereum network, envisioning a decentralized revolution led by its Recusant community m?embers.

At the heart of the Rebel Satoshi movement lies its innovative ecosystem, featuring dual tokens: $RBLZ, the original meme coin fueling community engagement, and $RECQ, the utility and gas token. With aspirations to reach a $100 million market cap, estrela bet:Rebel Satoshi has already yielded impressive results, boasting a 150% return for $RBLZ presale investors and garnering significant attent??ion across five major exchanges.

Currently, Rebel Satoshi is conducting its $RECQ token presale, with tokens offered at $0.0044 per token in Stage 2. Anticipating a rise to $0.0125 by presale’s end, $RECQ promises a substantial 184% return for early investors, positioning it as ?one of the top altcoins poised fo??r substantial gains this year.

For the latest updates and more information, be sure to visit the official estrela bet:Rebel Satoshi Website or contact Rebel Red via estrela bet:Telegram

Abu Dhabi, Abu Dhabi, May 14th, 2024, Chainwire

estrela bet:Liminal Custody, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal’s journey, solidifying its commitment to regulatory compliance and innovation within the burgeoning digital asset space.

Building Trust Through Regulatory Compliance

Mahin Gupta, Founder of Liminal Custody, expressed his satisfaction with the achievement, stating, “We are honored to receive the ADGM FSP license. This accomplishment represents the culmination of significant effort on behalf of our entire team, all dedicated to upholding the highest regulatory standards. Building trust within the digital asset industry, which is undergoing rapid evolution, is a core tenet of our mission. The ADGM FSP license serves as a powerful validation of our estrela bet:commitment to compliance. We are confident that this achievement will further empower us to deliver best-in-class custody solutions to our clients, ensuring the continued security and integrity of their digital asset holdings.”

The Symbiosis of Compliance and Innovation

Commenting on Liminal achievement, Arvind Ramamurthy, Chief of Market Development at ADGM said: ” We congratulate Liminal on completing its licensing process and receiving the required Financial Services Permission (FSP) from the FSRA of ADGM. Liminal’s focus on regulatory compliance and innovative solutions in the space of digital assets aligns with ADGM’s vision for fostering a dynamic and trusted financial ecosystem that prioritizes upholding the highest standards of security and innovation. We look forward to witness Liminal’s contribution to the growth of the digital asset industry in Abu Dhabi and beyond.�?/p>

Amir Tabch, CEO of Liminal Custody Middle East and Senior Executive Officer of the Category 3C ADGM-regulated entity First Answer Middle East Limited, remarked: “Earning the ADGM FSP license is a clear indicator of Liminal’s ironclad dedication to compliance and innovation. This achievement not only positions us at the forefront of estrela bet:digital asset custody but also signals our pivotal role in its future evolution. By equally valuing regulatory compliance and technological progress, we aim to equip institutions with the confidence to explore the digital asset realm, tapping into its vast, transformative potential. This milestone is a springboard for Liminal’s continued growth and a significant contribution towards the digital asset industry’s maturity.”

About Liminal Custody

Liminal is a compliant and insured digital asset custody and wallet infrastructure provider that provides both estrela bet:MPC wallets and multi-sig wallets. Launched in April 20?21, Liminal is a CCSS Level 3, SOC Type 2 and ISO 27001 & 27701 certified organization. Liminal is based in Singapore, has operations spread across APAC MENA and Europe, along with? offices in Singapore, India and UAE. 

Liminal takes pride in supporting businesses with their qualified and insured digital asset custody platform, which enables stress-free safekeeping of digital assets for institutions. Liminal also provides a cutting edge estrela bet:wallet infrastructure platform that is secure, compliant and automated and comes with a plug-and-play architecture for faster onboarding of developers, business pa??rtners and government agencies. 

About Abu Dhabi Global Market (ADGM) 

Contact

Sr. Manager – PR & Communications
Akansha Sharma
Liminal Custody
akansha@liminalcustody.com

The cryptocurrency world has seen tremendous growth in recent years, with the ri?se of decentralized finance (DeFi) trading platforms offering innovative ways to invest and earn. 

Among these platforms, estrela bet:RCO Finance (RCOF) st?ands out for its all-inclusive approach to DeFi. It uses artificial intelligence (AI) to revolutionize how users interact with their digital assets.

R??CO Finance i?s a promising DeFi AI trading platform that simplifies stock and cryptocurrency transactions. 

With its revolutionary vision, strong fundamentals, and ?the momentum of a d??eveloping community, RCO Finance is ideally located to capitalize on the sector’s bullish trend.

The Significance of AI in DeFi

DeFi is growing incredibly, but its decentralized nature makes it difficult for investors to keep up with complex market trends. Making smart decisions is h?ard when analyzing everything manually. 

estrela bet:RCO Finance makes it easier fo?r investors to make informed and sustainable investment decisions through leveraging AI technology. 

Using tools that automatically evaluate investments and help you make decisions, you can feel more confident about your choices and potentially avoid expensive errors. The crypto market’s dynamic and unstable nature needs constant vigilance.

RCO Finance’s advanced tools continuously analyze market trends, giving our users a competitive edge to seize opportunities as they emerge. With actual-time insights and particular predictions, RCO Finance equips buyers with the expertise they desire to navigate the complexities of crypto international.

RCO Finance: Your Gateway to AI-Powered DeFi

Forget the crowded crypto marketplace �?RCO Finance has innovative features designed t?o supercharge your cryptocurrency earnings. 

Its powerhouse AI trading platfor??m, fueled by cutting-edge algorithms and machine learnin?g, dives deep into market data to unearth hidden gems �?profitable trades just waiting to be snapped up. 

And the best part? It executes them automatically, at lightning speed. Newbies can easily get u??p to speed, while seasoned pros can gain an extra edge.

But RCO Finance offers more than just estrela bet:AI-powered trading; it de?livers a complete collection of tools for steering ?DeFi. 

Users can access various services with automated market-making, a built-in decentralized exchange (DEX?), and even DeFi cards. This makes it simple to diversify investments and participate in the growing decentralized economy.

The Future of DeFi

The potential of AI-driven DeFi platforms like estrela bet:RCO Finance is limitless. RCO Finance is explorin?g the potential of natural language? processing (NLP) to make this a reality, turning complex transactions into casual conversations.

The real game-changer is personalized investment. Empowered by AI, RCO Finance tailors investment strategies to each user’s risk appetite and financial aspirations, making cryptocurrency a welcoming and lucrative frontier for everyone. The future of DeFi is bright, and we’re only scratching the surface.

Join the RCO Finance Revolution Today!

RCO FInance is more than an AI trading platform; it gives power over your trading patterns and schemes. With its contemporary AI generation, numerous buying and selling options, and unwavering commitment to user-centric design, estrela bet:RCO Finance is redefining how we?? engage with cryptocurrencies. 

Take advantage of the opportunity to expand your crypto income. Embrace?? the future of DeF??i with RCO Finance and unleash the overall ability of your virtual assets.

For more information about the RCO Finance (RCOF) Presale:

estrela bet:Visit RCO Finance Presale

estrela bet:Join The RCO Finance Community

• Glauber Contessoto turned his modest Dogecoin investment into a fortune by using memes and Elon Musk’s support.
• Dogecoin’s value surged over $89 billion in spite of criticism, making it harder to distinguish between real investments and online jokes.

Glauber’s journey from modest beginnings to crypto stardom exemplifies the power of belief. Starting with minimal resources, he shifted his focus from stocks to Dogecoin, leveraging Elon Musk’s influence to become a crypto millionaire in just over two months.

Big Dreams from a Humble Beginning: Dogecoin 

Not so long ago, Glauber Contessoto—who goes by “Pro the Doge” or “estrela bet:SlumDoge Millionaire“—was not well-known for his exploits with virtual currencies.

The Switch to Bitcoin: A Trusting Move

At that time, the Shibu Inu dog meme-based digital currency Dogecoin was starting to take off. It seemed obvious to Glauber. Dogecoin makes sense to invest in, he said, “because it’s the first time you have a meme and a cryptocurrency paired together.”

Know the Millennial Mentality

Impact of Elon Musk

One Millionaire is Born

Building Dogecoin Culture

The Irony of the Dogecoin History

Dogecoin’s Ascent Against Doubt

Dogecoin, for all its unusual beginnings, is now among the top cryptocurrencies alongside Bitcoin and Ethereum. Its market value peaked at ?an astounding $89 billion. Different views regarding the integrity and future of cryptocurrencies have accompanied? this achievement.

Still Believing and Investing

“Isn’t this cryptocurrency market becoming insane? Declaring his intention to increase his Dogecoin investment, he said in a video, “It’s getting sweaty in here; you know what I’m saying.”

Dogecoin’s and Cryptocurrencies’ Future

• Tether CEO Paolo Ardoino refutes claims by Ripple’s Brad Garlinghouse about US government actions against USDT.
• Ardoino emphasizes USDT’s crucial role in financial inclusion and stability in emerging markets.

In the rapidly evolving world of cryptocurrencies, Paolo Ardoino, CEO of Tether and CTO of Bitfinex, has responded to comments made by Ripple CEO Brad Garlinghouse. Despite estrela bet:Rippl??e being ?under a prolonged investigation by the U.S. Securities? and Exchange Commission (SEC) an?d its plans to launch a competing stablecoin, Garlinghouse has suggested that the U.S. government is specifically targeting Tether (USDT), the leading stablecoin issuer.

The U.S. government is going after Tether, that is clear to me. I view Tether as a very important part of the ecosystem, and I don’t know how to predict the impact that will have on the rest of the ecosystem.�?/p>

Stability and Compliance in Focus

An uniformed CEO, leading a company being investigated by the SEC, launching a competitive stablecoin (cui prodest), is being reported spreading fear about USDt. Let me give you an update on Tether USDt ecosystem safety.

USDt is the most used stablecoin in the world, with�?/p>

— Paolo Ardoino (@paoloardoino) estrela bet:May 13, 2024

According to a recent tweet by Paolo an uninformed CEO of a competing firm accused of spreading fear about USDt amidst an estrela bet:SEC investigation. Here are the key points:

1. Community Empowerment: USDt is vital in emerging markets, providing banking alternatives to economically marginalized communities.
2. Stability and Compliance: Tether prioritizes strict compliance and stability, ensuring USDt’s reliability and regulatory adherence.
3. Regulatory Collaboration: Tether collaborates closely with law enforcement and regulatory bodies, using advanced monitoring tools to uphold regulatory standards.
4. Law Enforcement Engagement: Tether’s proactive engagement with global law enforcement has led to effective action against financial crimes, surpassing the responsiveness of other stablecoins.

Proactive Regulatory Engagement

This approach has significantly contributed to the security of the USDT ecosystem and its ability to preemptively address potential financial crimes, setting it apart from other stablecoins that often require judicial intervention for similar actions. As the crypto market evolves, the debate between these two leaders highlights the complex interplay of competition and regulation. Notably, as per a recent update by CNF, Bitcoin is on its way to reaching?? $8,000, indicating a positive market sentiment.

In this bullish environment, Tether has managed to overtake Ripple, with XRP trading at $0.5096 and seeing a rise of 1.26% in the past 24 hours. This reflects not only the market’s response to estrela bet:ongoing regulatory discussions but al?so the rob??ust position of USDT in the financial technology landscape.

• Upcoming CPI and other economic data are poised to influence Bitcoin’s pricing trends.
• The 2024 halving is set to reduce mining rewards, potentially affecting the entire mining ecosystem and market stability.

In line with VanEck’s previous estrela bet:insights on the 2024 Bitcoin Halving, the event is anticipated to be pivotal, with mining rewards halving to 3.125 bitcoins per block. estrela bet:This reduction is likely to profoundly influence the mining landscape by altering profitability and hastening advancements in mining technology. Historically, such events have triggered adjus??tments within the mining community as they adapt to decreased incentives, which could affect the network’s hash rate and overall security.

Market Dynamics and Federal Reserve Influence

According to the latest analysis by Binance, cryptocurrency markets have experienced a stagnation, with total market capitalization falling to $2.38 trillion. This week’s economic schedule is critical as it introduces key inflation data and multiple Federal Reserve speeches, which could shape the direction of U.S. monetary policy. Notable reports include the Core Producer Price Index (PPI) and theestrela bet: Consumer Price Index (CPI), essential for gauging inflationary pressu??res and their implications on economic conditions and Federal Reserve actions.

1. Cryptocurrency Market Update: Crypto markets remained flat over the weekend with total capitalization dropping to $2.38 trillion, following a decrease from last week.
2. Economic Indicators: This week’s economic calendar highlights potential volatility due to the release of significant inflation data and several Federal Reserve speeches, potentially guiding future monetary policy directions.
3. Inflation and Economic Reports: Scheduled reports include the Core Producer Price Index (PPI) on Tuesday, which serves as an early indicator of inflationary pressures, and the Consumer Price Index (CPI) on Wednesday, a crucial measure influencing economic trends and Federal Reserve policies.
4. Federal Reserve Communications: The week features 12 Federal Reserve speaker events, including a speech by Fed Chair Jerome Powell on Tuesday, offering insights into future policy adjustments.
5. Business and Consumer Outlooks: A recent survey from the Conference Board indicated that a majority of U.S. CEOs anticipate minimal rate cuts by the Federal Reserve this year, with market expectations aligning for potentially two rate cuts, with the first possibly in September.

#Bitcoin still holding above 60k and the down trend? break. That blue OB is going to be the key in the short term, lose it & we revisit the lows & likely much lower. Hold and another leg to take liquidity above the highs at 64-67k is likely.

IMO all will hinge on CPI this week. estrela bet:pic.twitter.com/0R9syUIqn2

— AlphaBTC (@mark_cullen) estrela bet:May 13, 2024

Market Projections Amidst Economic Fluctuations

Echoing sentiments from financial analysts and major banks, the Bitcoin market closely follows macroeconomic indicators and central bank policies. Reinforcing this viewpoint, a recent CNF post highlighted that Standard Chartered maintains a bullish st??ance on Bitcoin??, sticking to a $150,000 price target by year-end despite recent?? price dips.

This optimistic forecast is attributed to market cyclicity and the growth of ETFs, underscoring the influence of financial products on cryptocurrency valuation. At the time of writing, Bitcoin is trading at $63,145, having surged by 2.61% over the past 24 hours.

• US Bancorp, which manages over $600 billion in assets, has invested $15 million in Bitcoin ETFs, half of which went to BlackRock’s IBIT, according to its latest SEC filings.
• The Rothschilds have also jumped aboard the bandwagon, revealing that they purchased $4.2 million in IBIT shares through their Swiss-owned bank.

Two of the largest commercial lenders in America—US Bancorp and JPMorgan—are among the latest to back Bitcoin. In its filing with the SEC, US Bancorp revealed that it had invested over $1??5 million in the ETFs.

The bank’s biggest investment is in IBIT, an ETF issued by BlackRock, the world’s largest asset manager. US Bancorp has invested just over $7 million in IBIT, with $5.4 million invested in Fidelity’s ETF and $3 million in GBTC, the Grayscale ETF that has lost billions of dollars in outflows since its launch earlier this year, as Crypto News Flash has reported.

JPMorgan, the largest bank in the country, also recently revealed its foray into Bitcoin ETFs. On Friday, the bank’s filing with the SEC revealed it holds $1.2 million, a measly figure given its size. It has distributed this sum in Grayscale, BlackRock, Bitwise, Fidelity and ProShares.

Banking Giants Invest in Bitcoin ETFs

NEW: SEC filings show the ROTHSCHILDS have $3.6m in #Bitcoin ETFs estrela bet:pic.twitter.com/kmA9nZoMzb

— Julian Fahrer (@Julian__Fahrer) estrela bet:May 9, 2024