Seraph Studio — a international gaming firm backed by major Korean gaming company Actoz Soft, officially launched its action role-playing game (ARPG) ‘SERAPH: In The Darkness‘ on the Arbitrum One platform. The strategic move aims to leverage Arbitrum’s cutting-edge, gaming-friendly web3 technology stack and its rapidly expanding games ecosystem to redefine traditional gaming within the blockchain landscape. “We are thrilled to introduce the SERAPH experience to the gaming world via Arbitrum’s dynamic ecosystem, spearheading the integration of traditional gaming experiences that players cherish into the blockchain arena.” Tobin, CEO of Seraph Studio told Metaverse Post. SERAPH: In The Darkness is a crypto-native ARPG loot Web3 game, that blends dark western fantasy medieval settings with classic gameplay and rich content. The game adopts a free-to-play (F2P) model, providing players with play-to-earn (P2E) opportunities. “SERAPH utilizes NFTs for game assets, allowing players to trade and own valuable items, and integrates in-game tokens for novel financial twists like ‘gold farming’ and community governance. These blockchain elements are seamlessly woven into a classic ARPG gameplay, complete with dark, medieval fantasy settings, rich storytelling, and dynamic character development,” Seraph Studio told Metaverse Post.“This integration ensures that Web2 players can enjoy the familiar aspects of traditional gaming while being introduced to the benefits and innovations of blockchain technology,” the gaming studio added. Leveraging Arbitrum One’s Blockchain for Immersive Gaming Seraph Studio said that Arbitrum One‘s game-friendly infrastructure positions it as the optimal choice for launching SERAPH, which has already garnered significant attention within the blockchain gaming community. The company said that Arbitrum One’s technical features enable Seraph Studio to create a more immersive and interactive gaming world, where blockchain elements like NFTs and token systems are integrated smoothly, enhancing the overall gameplay experience and making it more appealing to a broader range of players. “Arbitrum One’s gaming-friendly tech stack features, like Optimistic Rollup technology, ensure ultra-fast and low-cost transactions, which are crucial for maintaining a fluid and responsive gaming experience. The EVM compatibility to the bytecode level allows for easy integration of complex blockchain functionalities within the game,” said Seraph Studio. “The upgrade to the Nitro tech stack in Arbitrum One, with enhanced capabilities like fraud proofs and a core engine based on Geth compiled to WASM, contributes to a more secure and efficient gaming environment.” In addition to the launch, Seraph Studio has outlined plans to roll out exclusive campaigns and experiences for SERAPH, catering to both web2 and web3 gamers. “Players can enter the game for free and have opportunities to earn in-game assets like NFTs and Soul Spars. These assets can be used within the game or traded in the market for profit. The fundamental asset of Seraph is the Unique NFT series, players can acquire Unique NFTs via in-game drops,” Seraph Studio told Metaverse Post. “These NFTs can significantly boost a player’s abilities and offer unique attributes.” The post Seraph Studio Launches ARPG Web3 Game ‘SERAPH: In The Darkness’ on Arbitrum One appeared first on Metaverse Post.

💥💯The Real Cost of Bitcoin: Each transaction uses about a swimming pool's worth of water A new research into cryptocurrencies has revealed that Bitcoin has a terrible impact on the environment. Bitcoin especially uses enough water to fill up a swimming pool. However, it can be easily tweaked to cut electricity needs by 99%, if it makes a few tweaks to its proof of concept recent study conducted by the Vrije Universiteit or Vrije University, Amsterdam suggests that every Bitcoin transaction uses an average amount of water equivalent to filling a backyard swimming pool. This figure is approximately six million times more than the water consumed in a typical credit card transaction. The excessive water usage is attributed to the power and cooling requirements of the millions of computers globally supporting the Bitcoin network. #BTC #BinanceTournament

Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times. Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (formerly Twitter), lashed out at advertisers leaving the social media site due to antisemitic posts he amplified there. Recently, Musk publicly endorsed what the White House labeled “antisemitic and racist hate” on the platform, which he has since apologized for. The tweet has also been deleted. However, when interviewer Andrew Ross Sorkin asked about advertisers leaving the platform, Musk stated: “If someone is going to try to blackmail me with advertising, blackmail me with money, go fuck yourself .... Go … fuck … yourself. Is that clear? I hope it is.” Musk also shouted out to Disney CEO Bob Iger, who was reportedly in the audience, saying “Hi Bob!” since the company was one of several advertisers that have left X. “GO FUCK YOURSELF” - Elon Musk pic.twitter.com/UnucuBSBKj — Teslaconomics (@Teslaconomics) November 30, 2023 “What this advertising boycott is going to do, it’s going to kill the company,” Musk told Sorkin, adding: “And the whole world will know that those advertisers killed the company, and we will document it in great detail.” A Nov. 24 report from The New York Times suggested that up to $75 million in revenue could be in jeopardy from over 200 advertisers, including Airbnb, Coca-Cola and Microsoft. Earlier this month, Media Matters reported that it found ads for Apple, Bravo, Oracle, Xfinity, and IBM next to posts that tout Hitler and his Nazi Party on X. According to a Nov. 25 NPR report, the platform has lost 50 of its top 100 advertisers since Elon Musk took over. Big-name brands like Ford, Verizon, Chevrolet, Chipotle, and several pharmaceutical companies such as Merck have pulled advertising in recent months. Crypto adviser Aubrey Strobel saw the funny side of the outburst, noting that CNBC did not expect it, “so there was no profanity delay, and therefore it violated FCC guidelines meaning CNBC gets fined. Hilarious.” “What I see all over the place is people who care about looking good while doing evil. Fuck them,” continued Musk, who was on a roll now. Elon Musk says he has done more for the environment than any human on Earth.Explains that he cares about actually doing good in the world, not just having people perceive him as doing good. Critics’ minds are melting. pic.twitter.com/oKrQSEaPFm — Pomp (@APompliano) November 29, 2023 Political commentator Collin Rugg said, “And this is exactly why Elon was the perfect person to buy Twitter.” Magazine: Deposit risk: What do crypto exchanges really do with your money?

The post Unveiling $HOLD: Revolutionizing Fairness in Crypto with Groundbreaking ‘Fair Launch’ Token appeared first on Coinpedia Fintech News Introducing $HOLD, a groundbreaking “Fair Launch” token setting a new standard in decentralization. Unlike any other, $HOLD boasts a truly equitable distribution, ensuring no individual retail wallet controls more than 1% of the token supply—a pioneering move in the journey toward decentralization. The remarkable success story of $HOLD began with its innovative contract, strategically engineered to overcome the threat of sniping during launch. This trailblazing approach involved renouncing ownership and permanently burning liquidity, setting a precedent in the crypto space. However, what truly turned heads were its never-before-seen, hardcoded features that redefined the landscape. At its inception, 100% of the supply was immediately pooled on Uniswap. Implementing a maximum wallet cap of 0.01% for the initial 6 hours, this limit doubled hourly, maintaining a controlled distribution. Moreover, the token imposed taxes at 3/3 for the first week, reduced to 2/2 the following week, eventually tapering to 0/0 indefinitely. Remarkably, during the initial week, 72% of the supply was bought and burned using the collected taxes. Embrace the future of finance with $HOLD, a revolutionary cryptocurrency meticulously crafted for fairness and success—a stark contrast to the shortcomings of other projects. This equitable distribution ensures no whale wallets, fostering an environment where everyone has an equal opportunity—an extraordinary rarity in today’s crypto landscape, making $HOLD a standout success. In recent developments, $HOLD’s burgeoning community came together, raising an impressive $60,000 within 48 hours to acquire a ‘token launchpad.’ This strategic move is poised to elevate $HOLD’s utility, solidifying its position in the crypto realm and creating opportunities for new tokens to thrive. The upcoming HOLDSALE launchpad underscores $HOLD’s commitment to innovation. Distributing 50% of revenue to token holders and using 30% for buybacks and burns, $HOLD aims to enhance scarcity and value. The remaining 20% will fuel further development and marketing efforts. $HOLD is more than just another coin; it’s your gateway to a safer and more rewarding crypto journey. As we strive towards surpassing a $100 million market cap, our token launchpad stands ready for action. Imagine having the power to launch new tokens—it’s genuine utility and innovation. Don’t simply observe $HOLD; become an integral part of its success story. Join us now and let’s ride this wave of success together. With $HOLD, it’s not just about holding a coin; it’s about embracing a vision for fair and authentic cryptocurrency growth. About $HOLD $HOLD is a pioneering “Fair Launch” token, ensuring no wallet holds over 1% of its supply, fostering fairness and decentralization. With innovative features and a commitment to equity, it redefines cryptocurrency for a transparent and community-driven future. Website | Twitter | Telegram | DEXTools | Uniswap | CoinGecko

LUNC suddenly surges: A sign of comeback? After last year's collapse, LUNA continued to exist as LUNC. Many victims continued to buy because they thought there would be no further losses, only to see prices plummet from double-digit levels to multiple zero levels. LUNC Coin: Why is it rising? Let me give you the answer. On November 27, the USTC/USDT exchange rate increased by 176% in 24 hours, reaching $0.037, and the LUNC price also increased by nearly 30%. The new team has worked hard to revitalize the network, with no notable success so far. However, with Binance listing USTC as a futures trading product, demand has recovered significantly. We have long discussed the potential for such altcoins to experience speculative gains during general market increases. Data from the TerraClassic Foundation shows that the latest price swings are not just speculation, but also related to the recovery of the network. On November 22, users conducted approximately 589,000 transactions on the network, almost double the previous month. The number of LUNC pledged increased significantly during the same period. By November 24, the proportion of staked LUNC tokens in the total supply had risen to 15%. LUNC Coin Review Despite all the optimism, LUNC's former glory appears to be out of reach. When the Terra crash began, many investors flocked to expensive collectibles, and the NFT craze has yet to die down. Some people accumulated LUNA and UST (now USTC) at very expensive prices for today's levels, but no one got the returns they expected. And in the near future, this possibility seems unlikely. Kwon’s arrest, confrontations with law enforcement agencies, and the multi-billion dollar collapse of the Terra ecosystem are not easy shocks to overcome. Also during the bear market, more successful competitors than the Terra and Terra Classic networks have entered our lives. While it is normal for the Terra Classic ecosystem to experience speculation and unusual volatility in a highly competitive environment, achieving a noticeable comeback appears to be difficult. In April, the $0.00012 area was a strong resistance that has not been broken since then. If the price is able to break out of this area, we may see a rally extending to $0.00015, but even if the price removes a zero or two, the compensation tokens given to the victims will not cover their losses. #LUNC For more insights on cryptocurrency trends and analysis, follow Cosmic Blockview. Stay informed and stay ahead of the curve in the dynamic world of digital finance.

After last year’s collapse, LUNA continued its life as LUNC. Many victims kept buying as they believed there would be no further losses, only to see the price plummet from double-digit levels to one with many zeros. Does the rise in November indicate a possible comeback? LUNC Coin: Why Is It Rising? On November 27th, the USTC/USDT exchange rate increased by 176% within 24 hours, reaching $0.037, and the LUNC price also increased by nearly 30%. The new team struggling to revive the network has not achieved any significant success so far. However, demand significantly revived following Binance‘s listing of USTC for futures trading. We have long discussed the potential for speculative rallies during general market upswings for such altcoins. Data from the TerraClassic Foundation shows that the latest price movement is not only speculation but also connected to network revitalization. Users conducted approximately 589,000 transactions on the network on November 22nd, nearly double the number from the previous month. During the same period, there was a notable increase in the amount of LUNC staked. By November 24th, the ratio of staked LUNC tokens had risen to 15% of the total supply. LUNC Coin Commentary Despite all the optimism, the old days for LUNC seem very far away. Many investors rushed to expensive collections when the Terra crash started while the NFT craze had not yet subsided. Some accumulated LUNA and UST (now USTC) at prices that are very expensive by today’s standards, but none received what they expected. And it does not seem likely they will in the near future. Do Kwon’s arrest, confrontations with law enforcement, and the collapse of the multi-billion-dollar Terra ecosystem are not shocks that can be easily overcome. Moreover, much more successful competitors than Terra and the Terra Classic network have entered our lives during the bear season. Although it is normal for the Terra Classic ecosystem to experience speculative and abnormal movements in a strong competitive environment, a clear comeback seems difficult. In April, the $0.00012 area was a tough resistance and has not been surpassed again. If the price can overcome this area, we might see a rally extend to $0.00015, but even if the price removes one or two zeros, compensation tokens given to the victims will not cover their losses. Disclaimer: The information in this article is not intended as investment advice. Investors should be aware of the high volatility and risk inherent in cryptocurrency and should conduct their transactions based on their own research. #LUNC $LUNC

The U.S. banking landscape is currently navigating a complex financial terrain, marked by a quest for liquidity amidst the Federal Reserve’s quantitative tightening (QT) measures. Contrary to the anticipated reduction in bank reserves due to the Fed’s QT, 2023 has seen a surprisingly stable level of reserves. This stability, initially perceived as a buffer for the Federal Reserve to continue balance sheet reduction, has raised questions about why United States’ banks are clinging to reserves while the Fed steadily diminishes its bond holdings. The Liquidity Conundrum and Rising Costs for Banks In the current economic climate, it’s costly for banks to hoard cash. Bank of America’s rates strategist, Mark Cabana, emphasizes this point, noting the growing trend of banks vying for liquidity. To compete with money-market funds, U.S. banks are offering high-yield cash products, such as certificates of deposit with rates as high as 5.6%, surpassing the 5.4% they can earn from the Fed. This scenario paints a perplexing picture: banks are incurring losses to maintain their reserve levels. So, why are banks opting for this seemingly counterintuitive approach? A significant factor is the over half-a-trillion dollars in unrealized losses on bond portfolios that banks are grappling with. Bank of America, for example, reported $131 billion in paper losses on its held-to-maturity securities in the third quarter. Additionally, recent regulatory guidance and the fallout from regional bank failures earlier in the year have prompted banks to increase their cash buffers and rely less on traditional funding sources like the Federal Home Loan Banks. The Role of Money-Market Funds and the Future of Quantitative Tightening The scenario further unfolds with the evolving behavior of money-market funds. These funds have been lengthening the weighted average maturity (WAM) of their investments, likely driven by the belief that the Fed’s rate hikes are nearing an end. This shift away from the Fed’s reverse repo facility (RRP) is indicative of a broader change in the financial landscape. But the persistence of banks in hoarding liquidity could signal a need for the Fed to reconsider the timeline of its balance sheet reduction. Cabana suggests monitoring the volumes of the overnight RRP facility; a decline to zero could be a harbinger for the end of QT. The banking sector’s reluctance to let go of cash, despite the financial penalties, speaks volumes about their caution in this uncertain economic environment. The quest for liquidity among U.S. banks is a multifaceted issue, intertwined with regulatory changes, market dynamics, and the Fed’s monetary policy. As banks continue to prioritize liquidity, even at the cost of profitability, the financial landscape in the U.S. remains in a state of flux. This careful balancing act between maintaining liquidity buffers and managing costs is a delicate dance for banks, as they navigate through the complexities of an evolving economic scenario. The outcome of this liquidity quest could have significant implications for the broader U.S. financial system and the Federal Reserve’s policy decisions moving forward.

What is RET and what does it solve? $RET is the digital token of the RET blockchain project, designed to transform real estate investment and utilization through blockchain technology. It serves as a financial instrument enabling the exchange of real estate and property, streamlining the process with efficiency and transparency. The innovative approach of RET extends beyond traditional real estate, encompassing sectors like Food & Beverages and Hotel & Tourism, recognizing their intrinsic link to the real estate system. With the plan to launch through an Initial Exchange Offering (IEO) and be listed on various exchanges, $RET provides a dual opportunity for investors: trading the token in the market or using it to acquire specific properties within the RET ecosystem. This model aims to address the real estate market’s challenges like high entry barriers, lack of liquidity, and cumbersome transactions, making property investment more accessible and diversified. Token Overview  – Token name: RET TOKEN – Token symbol: $RET – Total issue supply: 1.000.000 – Total circulation supply: 5.279.291 Coinstore Listing – Trading pair: RET / USDT – Trade time: 2023/11/29 – Withdrawal time: 2023/11/29 What are the utilities of RET? The RET token, as part of the ecosystem involving platforms like DIGAS, is designed to offer several utilities within this integrated digital environment. Here are the key utilities of the RET token: 1. Medium of Exchange:RET tokens are used for transactions within the DIGAS platform. This includes purchasing intellectual property (IP) in sectors such as real estate, food and beverages, hotels, and tourism, all tokenized as NFTs. 2. Facilitating Fractional Ownership:Through RET tokens, investors can acquire fractional shares in high-value assets like real estate NFTs, making investment more accessible and flexible. 3. Rental and Collaboration Transactions: Investors can potentially use RET tokens for renting out or collaborating their NFT-based properties with DIGAS brand partners, opening avenues for income generation or other benefits. 4. Liquidity in Real Estate Investment: By enabling the purchase of real estate as tokenized assets (NFTs), RET tokens help to address the issue of illiquidity traditionally associated with real estate investments. 5. Strengthening Token Demand and Value: The necessity of RET tokens for various transactions within the DIGAS ecosystem and potentially beyond creates a demand for the token, which can contribute to its market stability and value. 6. Incentivizing Participation: Holders of RET tokens might be incentivized to participate in the ecosystem through potential rewards, discounts, or access to exclusive features or partnerships. 7. Governance and Voting: In some ecosystems, tokens like RET can be used for governance purposes, allowing token holders to vote on key decisions or proposals within the platform. 8. Economic Ecosystem and Profitability: The integration of RET tokens into a broader economic ecosystem, involving real estate, hospitality, and other sectors, aims to create multiple streams of utility and profitability for token holders. In summary, the utilities of the RET token revolve around facilitating transactions within the DIGAS e-commerce platform, enabling new forms of asset investment and management, and potentially supporting the overall growth and stability of its ecosystem. What does the project ecosystem include?  The RET project presents an expansive ecosystem that intricately blends traditional industries with innovative blockchain technology, creating a multifaceted network of partnerships and initiatives. At the core of this ecosystem is Real Estate Development, featuring unique and pioneering projects. Residential developments like Aparthouse are reshaping the property industry by merging apartment design with the concept of landed houses, exemplifying innovation in residential spaces. Additionally, mixed-use residential projects such as SHILA at Sawangan stand out with their luxurious waterfront living in South Jakarta, encompassing a vast area and integrating untouched nature with modern living conveniences. The ecosystem also extends into Mixed-Use Resorts. Mawatu, located just 7 km from the International Airport of Flores, is a prime example. It’s positioned as the first privately-managed international integrated township in the region, combining elements like five-star hotels, lifestyle hubs, beach clubs, and shopping centers, thereby creating a comprehensive lifestyle and commercial destination. Hotel Chains form another pillar of the ecosystem, with the Artotel Group being a significant player. This leading Indonesian homegrown Hospitality Management group is known for its creative lifestyle and community-centric approach, managing an impressive portfolio of 52 hotels across the country, from Jakarta to Papua. In the Food & Beverages sector, the project collaborates with entities like Foodiz, Indonesia’s renowned culinary business learning center. Foodiz offers comprehensive support to the culinary business, ranging from operational guidance to facilitating investor funding, thus fostering growth and innovation in the F&B industry. Lastly, the ecosystem makes a foray into the Metaverse and Technology through partnerships with entities like the WIR Group. As a leader in immersive technologies such as Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI) in Southeast Asia, WIR Group brings a technological edge to the RET ecosystem. With its global patents in AR, the group is at the forefront of integrating these advanced technologies into the broader business landscape. Together, these diverse sectors and partnerships under the RET project aim to harness the power of blockchain technology, creating a dynamic and interconnected ecosystem. This network not only provides innovative solutions and opportunities across various industries but also paves the way for novel methods of investment and collaboration in the ever-evolving digital landscape. RET Official Media Website | Twitter | Telegram  About Coinstore Accessibility. Security. Equity. As a leading global platform for cryptocurrency and blockchain technology, Coinstore.com seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 3.2 million users worldwide, Coinstore.com aims to become the preferred cryptocurrency trading platform and digital service provider worldwide. Coinstore Media Contact Pei Shan, Marketing Executive | peishan@coinstore.com Jennifer Lu, Brand Ambassador | Jennifer.lu@coinstore.com Coinstore Social Media Twitter | Discord | Facebook | Instagram | Youtube | Telegram Discussion | Telegram Announcement The post Exploring the RET Ecosystem: Innovating Real Estate and Beyond with Blockchain Technology appeared first on Visionary Financial.

Binance, the world’s largest cryptocurrency exchange, has appointed Richard Teng, a seasoned former regulator, as its new CEO. This strategic decision follows a turbulent period for Binance, which recently settled a $4.3 billion lawsuit with US authorities concerning anti-money laundering and sanctions violations. The change at the helm, with Changpeng Zhao stepping down, signals Binance’s commitment to regulatory compliance as it expands its operations globally. Gulf Binance Co. A major milestone in Thai market entry Despite facing scrutiny from Thai regulators, Binance’s Thai venture, Gulf Binance Co., has successfully obtained Digital Asset Operator Licenses from Thailand’s Ministry of Finance. This achievement, coupled with the Thai Securities and Exchange Commission’s recent approval, marks a significant regulatory victory for the company. Gulf Binance Co. is a joint venture with Gulf Energy Development, steered by Thai billionaire Sarath Ratanavadi, demonstrating a strong local partnership and strategic foresight. New Era of Cryptocurrency in Thailand With these developments, Binance is gearing up to launch its cryptocurrency exchange services in Thailand early next year. This expansion signifies a major step in Binance’s global strategy, tapping into the burgeoning interest in digital assets within Thailand. The entry into the Thai market, under the guidance of Richard Teng and with the support of influential local figures like Ratanavadi, showcases Binance’s adaptability and resilience in the dynamic global crypto landscape. Commitment to compliance and security In the face of previous legal issues and a demanding regulatory environment, Binance’s unwavering commitment to compliance and security is evident. The company’s proactive approach in appointing a leader with regulatory expertise and securing necessary licenses reflects a strategic alignment with global compliance demands. This approach enhances Binance’s credibility and positions it strongly in the Thai digital asset market. Binance’s venture into Thailand is emblematic of the complexities and opportunities in the global expansion of the cryptocurrency industry. By balancing regulatory compliance with strategic partnerships, the company is poised to significantly impact Thailand’s digital asset space and reinforce its position as a global crypto giant. The post Binance navigates regulatory hurdles in Thailand move first appeared on Coinfea.

Amazon Introduces AI Chatbot "Q" as ChatGPT Competitor. 🛍️🤖🗨️ Amazon unveiled its new AI chatbot, Q, during the re:Invent conference. Q is designed for corporate use, targeting business clients rather than consumers. The chatbot aims to assist employees in daily tasks, such as answering questions related to company policies. Q focuses on tasks like summarizing strategy documents and addressing queries about company policies. It is positioned to be a potential companion in the work environment for millions of users. The chatbot is developed by Amazon Web Services and prioritizes security and privacy in comparison to consumer-oriented chatbots. Amazon assures that Q is designed to be more secure and private than consumer chatbots. It can adhere to security permissions set by corporate users, limiting access to sensitive data based on user roles. Companies can grant permission for Q to work with corporate data not hosted on Amazon servers, such as Slack and Gmail. The chatbot utilizes the Bedrock platform, connecting various AI systems, including Amazon's Titan, Anthropic, and Meta. Amazon Q is priced at a starting monthly fee of $20 per user, making it competitive with other enterprise AI chatbots. This puts it in a pricing range similar to offerings from Microsoft and Google in the enterprise AI chatbot space. Amazon's entry into the AI chatbot competition comes amid the rise of similar offerings from Google, Microsoft, and others. The company's recent investments in AI startups, including a $4 billion investment in Anthropic, signal its commitment to advancing in the field. #amazon #OpenAI #chatgpt #Q

The post Bullish Analysts Predict XRP to $2.00 as Big Data AI Token Raises $1.7m appeared first on Coinpedia Fintech News In the dynamic world of cryptocurrency, where fortunes can turn faster than the pages of a thriller, there’s a fresh buzz that’s got everyone talking. It’s about XRP, the digital currency that’s been a bit of a sleeper hit, and BorroeFinance ($ROE), a rising star in the world of Big Data AI tokens.  With analysts predicting a bullish future for XRP and BorroeFinance raising a cool $1.7 million, it’s clear we’re witnessing something special. For anyone looking for the top crypto coin to buy, this is a tale worth following. XRP Set To Hit $2 Milestone Let’s start with XRP. Remember when it was just another token in the vast crypto universe? Well, things are changing. We’ve got analysts, and not just any analysts, but the ones who’ve been right more times than wrong, saying XRP could hit $2.00.  Now, that’s a big deal, especially considering its current price. So, what’s fueling this optimism? For one, XRP has always had the goods – fast transactions, low fees, and a strong tech backbone. But now, with the crypto market showing signs of a robust comeback, XRP is catching more eyes. It’s not just being seen as another digital currency; it’s being recognized as a potentially transformative player in digital finance. BorroeFinance Presale Surpasses $1.7 million BorroeFinance ($ROE), a token that’s making waves in its own right. This isn’t just another token on the block. It’s a Big Data AI powerhouse that’s just raised a whopping $1.7 million.  In a world increasingly driven by data, BorroeFinance is leading the charge, using AI to crunch numbers and churn out insights that could reshape how we think about finance. But what does BorroeFinance’s success mean for XRP?  Well, it’s all about the environment.  The crypto world is buzzing with innovation, and investors are on the lookout for the next big thing – be it the top NFT investment or the best crypto investment. The success of a Big Data AI token like BorroeFinance highlights a growing appetite for advanced, tech-driven financial solutions. Conclusion  In summing up, the story of XRP and BorroeFinance ($ROE) is more than just numbers and predictions. It’s about the evolution of finance, where technology like AI and blockchain is opening new doors every day.  Whether you’re a seasoned investor or a curious bystander, these developments offer a glimpse into a future where finance is smarter, faster, and more accessible. So, there you have it. XRP’s potential surge to $2.00 and BorroeFinance‘s successful fundraising are not just exciting news for the crypto community; they’re indicators of a broader shift in the world of finance.  Whether you’re looking for the top altcoin, the best crypto investment, or the top crypto coin to buy, these are names you’ll want to remember. The future of finance is unfolding right before our eyes, and it’s a journey worth joining. Learn more about BorroeFinance ($ROE) here: BorroeFinance Presale | The Telegram Group | Borroe.Finance on Twitter 

Ethereum (ETH) remains above the $2,000 support level. A crypto analyst notes that increasing whale activity could trigger the next bull run.  Meanwhile, market participants have been tracking Celestia and Meme Moguls, expecting expansions in 2024. Rising whale activity may drive ETH demand Shortly after BlackRock filed for an Ethereum ETF, prices broke the $2,000 resistance line.  Thus far, despite the decline in the broader crypto market, ETH is firm above $2,000, further buoyed by increasing whale accumulation. You might also like: Ethereum turns deflationary as validators exit and defi transactions drop 57% Glassnode reported that for the first time in more than nine months, large wallet addresses have been steadily accumulating the coin.  Accordingly, experts are bullish on ETH, expecting the coin to retest $2,140. Further gains will likely lift ETH towards $2,500.  Celestia bullish  On Oct. 31, Celestia launched the world’s first modular blockchain network.  The release saw TIA prices rise by over 70% in two weeks, reaching an all-time high of $7.38.  Although TIA corrected to $5.70, investors continue to explore its prospects.  Movement Labs also said they will scale the Move Virtual Machine layer-2 for Ethereum using the modular Celestia DA.  Introducing M2 with Celestia underneathM2 is the first Move-based Ethereum L2 scaled using @CelestiaOrg’s modular data availability layer, accelerating the creation of high-performance consumer apps.https://t.co/py6xKDeWAY — Movement (@movementlabsxyz) November 22, 2023 At the same time, Lumoz plans to launch a ZK-powered solution, StableNet, on Celestia.  🚀 Lumoz's RaaS Day was a spectacular exploration of #Rollup technology! 🌐 A massive thank you to our phenomenal keynote speakers and brilliant panelists who shared their expertise. Let's dive into the highlights of the enlightening panel discussions: pic.twitter.com/BGIeAO1njm — Lumoz (Previously Opside) (@LumozOrg) November 17, 2023 Analysts forecast TIA to reach $10 in 2024. Meme Moguls to launch exchange Meme Moguls aims to create the first exchange dedicated to meme coins.  This platform enables users to trade meme-based assets and earn tokens. It also has a user-friendly interface for an intuitive trading experience. Meme Moguls maintains the core element of meme coins: community-centeredness.  You might also like: Ethereum bulls target $3k, Meme Moguls rising, Shiba Inu may breach $0.00001 Users can freely engage, share insights, discuss trading strategies, and participate in healthy competitions.  This fosters an environment where meme enthusiasts can build wealth from the rapidly growing meme coin sector. Meme Moguls has attracted significant interest from meme coin enthusiasts.  Currently, MGLS, the native token, is available for $0.0021 in the ongoing presale. Visit Meme Moguls Read more: Ethereum may retest $2,500, investors dig into Meme Moguls presale Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Top 10 cryptocurrencies by development activity in last 30 days As the majority of assets in the  #cryptocurrency market are trading in the green on most charts, blockchain and cryptocurrency businesses continue to invest significant efforts in terms of developing their ecosystems, with development activities of some of them being more intense than others. Specifically, the #Polkadot ( $DOT ) protocol and its public pre-production environment, #Kusama ( $KSM ), share the top position in terms of notable #GitHub commits across the previous 30 days, according to the data by the on-chain and social metrics platform Santiment in an X post published on November 28.

YEREVAN (CoinChapter.com) – Charlie Munger died on Nov 28, only a month shy of his 100th birthday. The esteemed vice chairman of Berkshire Hathaway and Warren Buffett’s long-time business partner left behind a distinctive investment philosophy. Business Titan Died at 99 Notably, Charlie Munger’s crypto stance remained unchanged, as the tycoon called cryptocurrencies no less than the venereal disease of the financial world. However, before referring to Munger’s crypto opinion, it is essential to recap the business mogul’s many accolades. Munger played a pivotal role in shaping Berkshire Hathaway‘s investment strategies, contributing significantly to its growth into a global powerhouse. Berkshire Hathaway portfolio. Source: Yahoo Finance With a net worth estimated to be over $2.6 billion against Buffet’s $116 billion, Munger’s investment approach was characterized by a preference for value investing. His strategy involved seeking out undervalued companies with strong potential for long-term growth, a method he developed and refined alongside Buffett. This approach saw Berkshire Hathaway amass a diverse portfolio of investments spanning various sectors, including finance, utilities, and consumer goods, among others. Charlie Munger’s Crypto Stance Immutable Munger’s financial insights were not just limited to traditional investments. He was also famous for his outspoken views on emerging financial trends, particularly cryptocurrencies. Notably, the Charlie Munger crypto stance was one of pronounced skepticism. He frequently criticized the “speculative nature” of cryptocurrencies, comparing them to gambling and questioning their contribution to society. One of Munger’s most memorable quotes on the subject likened investing in cryptocurrencies to contracting a “venereal disease,” underscoring his disdain for the asset class. He was also critical of the regulatory environment surrounding digital currencies, suggesting that it allowed for speculative excesses. Munger’s crypto skepticism extended to the point of endorsing China’s decision to ban cryptocurrencies, an opinion that put him at odds with many in the financial sector who saw potential in the digital currency market. Despite the growing popularity and acceptance of cryptocurrencies, Munger remained firm in his belief that they did not constitute a viable investment. He argued that traditional banking systems already provided digital currency solutions in the form of bank accounts, negating the need for an alternative digital currency. “We’ve got a digital currency already, it’s called a bank account,” he said. Munger’s Crypto Opinion Influenced Berkshire Hathaway The Munger crypto stance was in line with his broader investment philosophy, which favored tangible value and long-term stability over speculative ventures. The tycoon also added that cryptocurrencies are the ‘drug of choice’ for people who “want to get rich quick for doing very little for civilization.” Munger’s critical crypto policy was not just a personal opinion but also influenced Berkshire Hathaway’s investment strategy. Under his and Buffett’s leadership, the conglomerate steered clear of digital currency investments, reflecting their joint skepticism. This decision, while controversial to some, was consistent with the company’s overall approach to investing, which prioritized businesses with clear value propositions and stable earnings. In summary, Charlie Munger died marking the end of an era in the world of finance. The financial thinker and investor influenced not only Berkshire Hathaway’s success. Munger’s candid, often contrarian views on emerging financial trends were a part of his investment strategy. Munger’s stance on crypto, in particular, stands out among his investment principles centered around “value and stability.” As the financial world continues to evolve, Munger’s insights and philosophies will undoubtedly continue to influence discussions and decisions in investment circles. The post Bitcoin (BTC) Critic Charlie Munger Dies at 99 appeared first on CoinChapter.

Hong Kong, a city known for its skyscrapers and dim sum, has been making headlines in the world of cryptocurrency. Following the JPEX rugpull incident, a situation that sent shockwaves through the crypto community, Hong Kong’s government has shifted gears, accelerating the approval process for cryptocurrency products. This move aims to bolster the development of a compliant crypto industry, reflecting a dynamic response to recent challenges. The Catalyst of Change: JPEX’s Ripple Effect The JPEX incident, a name that will go down in crypto infamy, did more than just ruffle a few feathers. It sparked a regulatory revolution. Licensed virtual asset platform operators are observing a silver lining in this otherwise dark cloud. The aftermath of the scandal seems to have lubricated the bureaucratic gears, leading to quicker approvals for new crypto products. While this might seem like a reactive measure, it’s a testament to Hong Kong’s adaptability in the face of adversity. The incident, as unfortunate as it was, serves as a catalyst for a more robust and swift regulatory environment. It’s a classic case of ‘what doesn’t kill you makes you stronger,’ and in this scenario, the entire licensed virtual asset sector in Hong Kong is beefing up. Banking on Crypto: A New Frontier in Finance Enter the banks – the traditional financial stalwarts. In a twist that could rival any soap opera, Hong Kong’s banks are poised to dive headfirst into the world of virtual assets, particularly tokenized assets. This isn’t just a small step; it’s a giant leap for bank-kind. The integration of banks into the crypto space is like adding a turbocharger to a sports car – it’s all about speeding things up while maintaining control. Banks, with their aura of stability and trust, are seen as the perfect partners to bring credibility to the virtual asset industry. Their involvement could be the secret sauce to making the public more comfortable with trading virtual assets. It’s like having your cautious friend finally say yes to a wild plan – if they’re in, it must be good. The future looks bright for tokenized virtual assets in Hong Kong. With banks entering the fray, the potential for growth is enormous. Imagine a world where you can manage your Bitcoin as easily as your savings account, all from the comfort of your bank’s app. That’s the kind of future Hong Kong is banking on. A Balancing Act: Speed and Compliance The key to Hong Kong’s approach is balancing the need for speed with the need for compliance. It’s like trying to sprint on a tightrope – a tricky but not impossible task. The government’s support for the licensed virtual asset industry, combined with stringent supervision, is creating a unique ecosystem where innovation can flourish within a safe and regulated environment. In the wake of the JPEX incident, non-compliant platforms are under closer scrutiny. It’s a clear message to the industry: play by the rules, or don’t play at all. This strict monitoring is crucial for maintaining the integrity of the market and protecting investors, making Hong Kong a safer place for crypto enthusiasts. Hong Kong’s response to the JPEX rugpull incident is a fascinating study in agility and foresight. By accelerating crypto approvals and bringing banks into the fold, the city is positioning itself as a leader in the virtual asset space. However, it’s not a reckless race. The focus on compliance ensures that this journey into the future of finance is done with a map and a compass, not just a sense of adventure. In the end, Hong Kong’s crypto scene is like a good action movie – full of unexpected twists, high stakes, and a hero that rises to the occasion. And in this story, the hero is a city that’s as brave and adaptable as it is innovative.

The recent regulatory crackdown on Binance by the United States regulatory agency has sent shockwaves through the cryptocurrency landscape. However, the ongoing legal battle between the US Securities and Exchange Commission (SEC) has emerged as another major challenge in the realm of cryptocurrency, following Binance’s troubles. Armstrong praises UK leadership amidst regulatory uncertainty Following this ongoing SEC battle, Coinbase CEO and Co-Founder Brian Armstrong attended Britain’s Global Investment Summit, joining some 200 global CEOs of major financial institutions and tech firms. Where he praised the UK government’s proactive approach toward cryptocurrency. However, in a recent social media post (X), Armstrong made a positive statement about the UK’s leadership: “Enjoyed my visit to the UK’s Global Investment Summit. Great leadership from @RishiSunak, making the UK a crypto and web3 hub, promoting science and tech as the backbone of economic and job growth for all citizens.” The post highlighted Sunak’s vision of science and blockchain technology as the backbone for economic and job growth for all citizens. Additionally, the UK government has passed several crypto-related bills to safeguard investors and attract businesses.  UK’s Crypto and Web3 ambitions Since the beginning of 2023, the UK has adopted a clear stance, positioning itself as a crypto and web3 hub. The goal is not only to boost economic growth but also to capitalize on the regulatory concerns faced by crypto businesses in the US. As the aftermath of the COVID-19 pandemic continues to impact the global economy, the UK aims to attract crypto businesses seeking a more favorable regulatory environment. In a recent interview with local media, Coinbase’s CEO expressed optimism about the crypto industry’s future, even in the wake of Binance’s historic $4 billion settlement with the U.S. Department of Justice. Armstrong views this enforcement action as an opportunity for the industry to move past a chapter of scandals and problems that have plagued its reputation. As the crypto landscape continues to evolve, the strategic moves by Coinbase highlight the growing influence of regulatory circumstances on industry players. Armstrong’s praise for the UK’s approach signals a potential shift in the crypto business landscape, as companies seek jurisdictions with more fair regulatory frameworks to navigate the challenges ahead. The post Coinbase CEO meets UK PM, Big announcement incoming? appeared first on Todayq News.