Today, in the crypto space, TON has introduced the UAE Golden Visa initiative, which necessitates only $100,000 in staked TON, although the program’s credibility was challenged by former Binance CEO Changpeng “CZ” Zhao. In the meantime, Arkham stated that the recent $8.6 billion Bitcoin whale transaction does not appear to be associated with a sell-off, and musical artist Drake referenced BTC in a new track.TON offers a 10-year UAE golden visa for $100K in staked ToncoinThe Open Network (TON), the blockchain platform emerged from Telegram, has announced a fresh route to UAE residency, providing 10-year Golden Visas to individuals who…
Autore: wsjcrypto
“`html SUBPAR June inflation affords the Bangko Sentral ng Pilipinas (BSP) capacity to persist with its easing strategy this year, though unforeseen price shocks and the US Federal Reserve’s monetary trajectory could influence this perspective. Finance Secretary and Monetary Board member Ralph G. Recto articulated in a statement on Friday that the lower-than-anticipated June inflation figure “offers more latitude for the BSP to further reduce policy interest rates to enhance the purchasing power of Filipinos, attract more investments, and stimulate economic growth, particularly in light of escalating global uncertainties.” “Given the favorable inflation outlook and the BSP’s recent dovish guidance,…
“`html Six months have elapsed since the release of my initial analysis on the entity previously known as MicroStrategy, now simply referred to as Strategy. Apart from a rebranding, the firm has since expanded its portfolio of financial offerings, gathered additional bitcoin, and inspired a diverse range of companies mimicking Michael Saylor’s strategies. Bitcoin treasury companies appear to be ubiquitous. In need of an update, we will now assess if these bitcoin treasury companies’ activities align with the forecasts made in the initial analysis, and once more endeavor to determine the ultimate direction of all this. A Reason for Concern…
“`html Today in cryptocurrency, TON has introduced the UAE Golden Visa initiative, requiring only $100,000 in staked TON, while Arkham reports that the recent $8.6 billion Bitcoin whale transfer does not appear to be a liquidation. In addition, musical artist Drake refers to BTC in his new track.TON provides 10-year UAE golden visa for $100K in staked ToncoinThe Open Network (TON), the blockchain platform originating from Telegram, has introduced a fresh route to UAE residency, offering 10-year Golden Visas to those who stake $100,000 worth of Toncoin (TON) for a duration of three years and pay a one-time processing fee…
“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Advertising Disclosure Renowned market analyst Ali Martinez has provided a compelling technical perspective underscoring XRP’s likelihood of a price breakout in the upcoming weeks. Interestingly, the notable altcoin has recorded a modest 1.5% increase over the last week, despite facing several rejections near the $2.31 price area. Based on recent price activities, Martinez hypothesizes that XRP will soon encounter another opportunity to challenge this stubborn resistance, surpassing which could trigger a short-term price surge. XRP Confronts Essential Resistance At $2.33 – Can Bulls Overcome? In an X post…
“`html THE NATIONAL Government’s (NG) total liabilities reached a new peak of P16.92 trillion at the conclusion of May as fresh domestic debt issuances were somewhat countered by the appreciating peso, the Bureau of the Treasury (BTr) reported on Thursday. The most recent figures from the BTr indicated that the total debt rose by 0.99% or P166.2 billion to P16.92 trillion from P16.75 trillion at the end of April. On a year-over-year basis, total liabilities surged by 10.24% from P15.35 trillion as of the end of May 2024. The BTr noted that the “slight increase” in total obligations is…
“`html Bitcoin has remained stable around the $108,000 price mark in recent days. After recovering from a short retracement near $105,500 on Wednesday, Bitcoin recently tested $109,000 once more in the last 24 hours. A well-known crypto analyst has unveiled a long-term “Bitcoin Bull Run Cheat Sheet” asserting that the cryptocurrency has now transitioned into the concluding phase that will result in significant price increases. Related Reading Bitcoin Cheat Sheet Signifies Commencement Of Final Bull Phase In a recent update on X, Merlijn The Trader shared what he termed the “Bitcoin Bull Run Cheat Sheet.” This cheat sheet provides an…
In today’s cryptocurrency news, musical artist Drake references BTC in his new track, Robinhood’s initiative to tokenize stocks on its upcoming blockchain may redirect liquidity from the NYSE and other prominent exchanges, and a Coinbase executive conjectures over the slight chance that the recent transfer of $8.6 billion in Bitcoin could have been due to a hack.Drake incorporates Bitcoin into new trackMusical artist Drake referenced Bitcoin (BTC) in his latest single “What Did I Miss?” The track was launched on Saturday and is quickly capturing the interest of Bitcoin enthusiasts on social media.Previously, Drake wagered $1 million in BTC on…
Mercado Bitcoin, a prominent cryptocurrency exchange in the Latin American region, declared on Friday its initiative to tokenize $200 million in real-world assets (RWAs) utilizing the XRP Ledger (XRPL).The real-world assets encompass tokenized fixed-income and equity financial instruments, as per an announcement from Ripple, the blockchain enterprise behind the XRPL.A report released by the Boston Consulting Group alongside the blockchain firm projected the tokenized RWA market to expand to a $19 trillion market value by 2033.This agreement arose amid a unified endeavor from the crypto sector and asset managers to establish regulatory clarity for tokenized equities and various RWAs in…
By Aubrey Rose A. Inosante and Revin Mikhael D. Ochave, Reporters THE DEPARTMENT of Finance (DoF) is suggesting a tax on online gaming, alongside evaluating potential policies to limit unrestricted access to gambling, which includes digital gambling platforms. Simultaneously, the Bangko Sentral ng Pilipinas (BSP) is preparing to release a circular mandating banks and e-wallets to safeguard their users from the escalating risks associated with online gambling. This development arises as several lawmakers have introduced measures advocating for tighter regulations on online gambling due to reports of increasing addiction among Filipinos. Finance Secretary Ralph G. Recto informed BusinessWorld in an…