Author: CryptooTimes
Facing several criminal cases, the presumptive Republican Party nominee for U.S. President is expected to face off against President Joe Biden in November 2024. Source link
If the metaverse is a little more your speed, the Somnia Cocktail Networking Party, starting at 4:30 p.m. and going past 8:00 p.m., is being sponsored by some of the leading firms in the space, including Somnia: The Metaverse Computer, CertiK, OKXWallet, Spartan Group, the Virtual Society Foundation, among others. Source link
Former President and Republican frontrunner Donald Trump and his campaign announced on Tuesday it will start accepting cryptocurrency donations. This marks the first time a major American political party is embracing digital currencies for campaign donations. The Trump campaign introduced a fundraising page that allows federally permissible donors to contribute using any cryptocurrency that is accepted on the Coinbase platform. This can be seen as a sign of Trump’s growing acceptance of financial technology, and his continued stance of lowering government control over individual financial decision-making. Trump’s new stance contrasts sharply with the views of Democratic leaders like Senator Elizabeth…
Arta TechFin, a Hong Kong-based asset manager, and Chainlink are exploring solutions to tokenize real-world assets like real estate. Source link
Ethereum’s ETH Price Rally Prompts $300M Inflows to Crypto Exchanges, Likely a Sign of Profit-Taking
Tuesday was also the third day in a row of inflows, marking a break from the general trend of decreasing ETH balance on exchanges, Nansen data shows. The last time ETH experienced consecutive days of inflows to exchanges was in March, near this year’s peak in crypto prices. Source link
Tether minted on Tuesday $1 billion USDT tokens on the Ethereum blockchain, capitalizing on growing hype around a potential spot Ethereum ETF approval. The market upswing was driven by hopes that the U.S. Securities and Exchange Commission (SEC) will approve a spot Ethereum (ETH) ETF for trading this Thursday. Whale Alert first reported the minting on Tuesday, which was replied to and confirmed by Tether CEO Paolo Ardoino, who wrote, “PSA: 1B USDt inventory replenish on Ethereum Network. Note this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance…
Solana price is up today, helped by a potential spot Ethereum ETF launch in the United States and continued outperformance by Solana-based memecoins. Source link
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Jupiter Exchange launched the Giant Unified Market (GUM) initiative to combine different types of investments into one market on the Solana blockchain. The GUM Alliance aims to bring together investments like meme coins, real-world assets, stocks, and forex into a single market, making trading between them easier and more direct. The alliance, comprised of leading teams in asset handling, liquidity, and distribution, plans to add more types of investments to Solana (SOL), ensuring the markets have enough cash flow to operate smoothly and integrating the markets into Jupiter’s platform to encourage adoption. Gabe Otte from DinariGlobal is excited to offer…
The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case. Source link