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XRP Up More Than 3% In 24 hours

Post author By Benzinga
Post date 2Y

Over the past 24 hours, XRP’s XRP/USD price rose 3.39% to $0.54. This continues its positive trend over the past week where it has experienced a 8.0% gain, moving from $0.50 to its current price. As it stands right now, the coin’s all-time high is $3.40.

The chart below compares the price movement and volatility for XRP over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 103.0% over the past week. while the…

US lawmaker addresses House before FIT21 vote: Bill ‘will stop another FTX’

Post author By cointelegraph
Post date 2Y

Representative Wiley Nickel called on Democrats and Republicans to support the bill to stop the SEC from “turning cryptocurrency regulation into a political football.”

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Diamonds Standard Co. uses precious gems to back payment network

Post author By cointelegraph
Post date 2Y

Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions.

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Vitalik Buterin proposes solutions for Ethereum’s MEV problem

Post author By cointelegraph
Post date 2Y

Ethereum’s co-founder explained how using MEV quarantining, MEV minimization, inclusion lists, and node requirements could mitigate the problem.

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Running The Self-Sovereign Bitcoin Business

Post author By BitcoinMagazine
Post date 2Y

As we take the concluding tenth and final step in “10 Steps to Self-Sovereignty”, we’ve articulated nine ways that Bitcoin can enable the sovereign individual. But what about building the sovereign Bitcoin business? From longer timeframe accounting practices to managing a bi-weekly payroll, to using a volatile asset that operates on a 24/7 market, there is no shortage of needed techniques and technologies that enable entrepreneurs to leverage bitcoin for their companies.

As companies delve into the state-change of money that is Bitcoin, they are confronted with a myriad of novel questions and considerations that demand careful attention and strategic planning. From security concerns…

KlimaDAO Japan to launch carbon credit marketplace with Progmat

Post author By cointelegraph
Post date 2Y

KlimaDAO and the Japanese stablecoin issuer may eventually trade carbon credits internationally.

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KlimaDAO Japan to launch carbon credit marketplace with Progmat

Post author By cointelegraph
Post date 2Y

KlimaDAO and the Japanese stablecoin issuer may eventually trade carbon credits internationally.

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Public Bitcoin miners secured $2B in financing ahead of halving

Post author By cointelegraph
Post date 2Y

Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May.

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Farcaster secures $150M to grow users, add tools for decentralized social media protocol

Post author By Blockworks
Post date 2Y

Industry heavyweights are supporting Farcaster in a big way — and the social media protocol now has an additional $150 million at its disposal.

Paradigm led Farcaster’s latest fundraise, the startup revealed Tuesday. Other participants included a16z, Haun Ventures, Union Square Ventures, Variant and Standard Crypto.

Farcaster looks to use the $150 million in capital to grow its user base and add developer tools, according to co-founder Dan Romero.

Farcaster is the permissionless protocol behind the social network Warpcast. In January it launched a feature called Frames that allows users to embed functionality on Farcaster applications without having to leave the app.

Dismantling The Cash-flow Narrative: Real Estate vs. Bitcoin

Post author By BitcoinMagazine
Post date 2Y

Bitcoin sceptics frequently argue that bitcoin lacks intrinsic value, claiming that investments like real estate, with their tangible cash flows, are superior. In this article, I will debunk the myth of ‘intrinsic value’ and illustrate why cash flow has no direct impact on an asset’s ability to serve as a reliable store of value, even in the context of real estate.

The myth of intrinsic valueThe idea that value is inherently embedded in objects is a misconception. This common belief, influenced by the labor theory of value (LTV) – a flawed concept used in classical economics, Marxism and modern economic theories, which posits that value is inherently tied to labor, energy invested or…