China’s Strategy to Cripple the Dollar: Wise Investments Are Focusing on Hong Kong
The recent crypto prohibition from China has introduced yet another appealing aspect to the Asian markets. China is orchestrating a price drop for the opportunity to make purchases. At 99B, our hypothesis suggests that China enforces a ban on BTC ▼-0.28% when prices
Did Elon Musk Just Unveil Bitcoin’s Future: Here’s Why Quantum Computing Won’t Eliminate SHA-256
Elon Musk’s recent crypto challenge was issued through Grok, his AI bot. The burning question is: Is Bitcoin’s SHA-256 algorithm resilient against quantum computing? He made the post on the same day that IBM unveiled Blue Jay, a quantum initiative that seeks to
Remitly Is Incorporating Stablecoins Into Key Business Sectors To Enhance Cross-Border Transactions
The digital financial services firm, Remitly, headquartered in the US, is incorporating stablecoins into its international payment platform, indicating a significant shift from its former approach to global money transfers. Operating in 170 countries, Remitly mainly caters to immigrants and workers abroad who
New White House Directive May Penalize Banks For Discrimination Towards Crypto Companies
The White House is working on an executive order that could impose fines and penalties on banks that close customer accounts for political motives. The preliminary order may be signed as soon as this week. This executive order will serve as a definitive
RARE Crypto Sees Increases as NFT Marketplace SuperRare Recovers Robustly Following Cyber Attack
Just as the digital currency crypto market found its footing following last week’s tumultuous drop, RARE, the governance coin for SuperRare, an NFT marketplace, remained resilient, achieving significant double-digit increases. According to data from Coingecko, RARE crypto surged 35% yesterday, recovering from last
Inside One Man’s Quest to Decentralize XRP Ledger: David Schwartz Heads to New York
Community support is essential for the security of public ledgers like BTC and Ethereum, and the XRP Ledger is no different. Being a decentralized platform, DLT fundamentally relies on global advocates to operate nodes, enabling continuous transaction processing without intermediaries and fostering the
[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown
Monday offered some respite for the market following a weekend that resulted in the liquidation of hundreds of millions in long positions. However, behind the scenes, discerning investors are steadily accumulating specific assets. So, which cryptocurrency should you consider purchasing today for long-term
CFTC and SEC Kick Off Crypto Sprint to Revamp U.S. Regulations
A new era of cryptocurrency regulation officially commenced on August 1, as the Commodity Futures Trading Commission initiated what it’s calling a “crypto sprint.” Acting Chair Caroline Pham stated that the CFTC is collaborating with the SEC, under the leadership of newly appointed
Optimistic Targets $4.2B Valuation With Recent U.S. IPO Application
Uptrend, the crypto asset exchange backed by Peter Thiel, has made headlines again with a fresh IPO filing. This time, the firm is targeting a valuation of up to $4.23 billion as it prepares to go public in the U.S.This is a significant
