Cryptocurrency
South Korea Pilots Tokenized Deposits for Government Spending
South Korea’s Ministry of Economy and Finance (MOEF) is preparing to test blockchain-based payments for certain government expenses under a regulatory sandbox exploring distributed ledger technology (DLT)-based financial infrastructure.The ministry said on Thursday that it selected a pilot project...
Cryptocurrency
3 Paths Ahead: Kraken Maps Warsh-Led Fed Scenarios That Could Shift Crypto out of Range
Key Takeaways: Kraken outlines three Fed scenarios that could steer crypto market direction. Warsh-led policy shifts may boost liquidity and lift broader risk assets. Markets await Senate hearing and Fed signals to confirm policy path. Federal Reserve...
Cryptocurrency
Bitcoin Should Prepare For Quantum Despite No Looming Threat
Blockstream CEO Adam Back, an early pioneer of the crypto movement, said Bitcoiners should be looking at building quantum-resistant solutions now, even if the threat is still decades away. “Quantum computing still has a lot to prove. Current systems are...
Cryptocurrency
XRP Whale Flows Hit 2021 Levels: Is History Repeating?
XRP is struggling to reclaim higher prices. The market is uncertain. Bitcoin is testing resistance. And the largest XRP holders on Binance have gone quieter than at any point in four years — which, in markets, is rarely a...
Cryptocurrency
Bitcoin Can Beat $38T Gold ‘Addressable Market’ Over Geopolitical Conflict
Bitcoin (BTC) has a target market that is “probably a lot bigger” than gold’s $30 trillion market cap, says a crypto industry executive.Key points:Bitcoin should continue to outperform during geopolitical crises, says Bitwise’s Matt Hougan.Bitcoin’s “addressable market” could surpass...
Cryptocurrency
IMF’s global debt warning underscores bitcoin’s (BTC) role in investor portfolios
The International Monetary Fund (IMF)'s latest macroeconomic warnings paint a picture that could be one of the most consequential and bullish indicators for bitcoin BTC$74,041.62. At the core of the warning is a steady rise in global public debt,...
Cryptocurrency
Ripple Teams with Korean Insurer for Blockchain-Based Bond Settlement
Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest life insurers, to pilot blockchain-based settlement of government bonds, as Seoul moves to formalize rules for tokenized securities.Ripple Custody, Ripple’s digital asset custody solution, will support the...
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6 killed after gunman opens fire in Kyiv, Ukrainian officials say
A gunman who killed at least six people in Kyiv, Ukraine's capital, before taking hostages...