modernsociety
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10 months agoSolana Prioritizes Layer 1 Scaling Over Layer 2 Solutions
Anatoly Yakovenko, co-founder of the blockchain platform Solana (SOL), has recently reaffirmed the project’s commitment to scaling at the Layer 1 level and achieving a global atomic state machine. This approach i…
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10 months agoARK Invest Continues Coinbase Share Sell-off Amid Bitcoin ETF Filing
Cathie Wood’s ARK Invest has continued its trend of selling shares in the cryptocurrency exchange Coinbase (COIN), with a further 133,823 shares sold on January 5. The stock opened trading for the day at $152.67 a…
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10 months agoMercari to Accept Bitcoin for Flea Market App Purchases from June
Mercari, a leading Japanese e-commerce platform, is set to accept Bitcoin as a payment option for its flea market app-listed products starting in June. This move will be facilitated through its Tokyo-based crypto…
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10 months agoUpbit Singapore Secures MPI License, Expands Institutional Crypto Offerings
Upbit Singapore, the Singaporean subsidiary of South Korean cryptocurrency exchange Upbit, has secured a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). This license allows…
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10 months agoBitcoin ETF Decision Looms as SEC Urges Prudent Investor Approach
The financial sector is filled with anticipation as key players in the Bitcoin ETF saga are in the final stages of the Securities and Exchange Commission’s (SEC) rigorous review process. January 11th is a s…
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10 months agoLGT Private Bank Expands Presence in Germany, Targets Southern Region
The Liechtenstein private bank, LGT, continues to expand its presence in the German market with the opening of a new location in Frankfurt am Main, according to a recent media release. This marks the fourth German…
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10 months agoBinance's BUSD Drops from Top Five as Supply Dips Below 1 Billion
Binance USD (BUSD) has fallen out of the top five stablecoins by market capitalization after its circulating supply dropped below 1 billion, the lowest since December 2020. The circulating supply of BUSD now stands…
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10 months agoXRP ETF Speculation Rises Despite Regulatory Hurdles in US
As the potential approval of the first spot Bitcoin ETFs in the US by the Securities and Exchange Commission builds anticipation, the term “XRP ETF” is trending on X (formerly Twitter). Many XRP community mem…
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10 months agoBitcoin ETF Approval Anticipated in Historic Week for Cryptocurrency
A potentially historic week for Bitcoin is about to commence, with the possible approval of spot Bitcoin exchange-traded funds (ETF). Issuers are expected to finalize their S-1 amendments on Monday. Asset managers…
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10 months agoVeChain Poised for Potential Bullish Breakout, Analyst Predicts
VeChain (VET) has recently recorded the Golden Cross for the first time since June 2020, a move that previously led to a 3000% rise in the following year. Despite the network’s strong fundamentals and a recent s…
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10 months agoSEC Warns Against FOMO Investing Ahead of Bitcoin ETF Decision
The United States Securities and Exchange Commission (SEC) has reiterated its warning about the dangers of fear of missing out (FOMO) investing, advising investors to tread carefully. This cautionary advice comes…
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10 months agoCrypto Community Anticipates Bitcoin ETF Approval, XRP Price Surge
The cryptocurrency community is buzzing with optimism, anticipating the approval of 14 BTC Spot ETF applications on January 10. This high expectation is backed by a 90% probability of approval for spot Bitcoin…
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10 months agoPróspera Economic Zone in Honduras Recognizes Bitcoin as Legal Tender
In a significant development, Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account, thereby establishing it as legal tender within the region. This move…
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10 months agoEthereum Co-founder Buterin Shares Four Financial Tips for Investors
Ethereum’s co-founder, Vitalik Buterin, has shared four financial tips aimed at helping both new and seasoned investors navigate the volatile crypto space. This advice comes in response to a discussion about the d…
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10 months agoBlackRock Anticipates SEC Approval for Spot Bitcoin ETF Soon
BlackRock, the world’s largest asset manager, is anticipating the approval of its spot Bitcoin ETF application by the United States Securities and Exchange Commission (SEC) as early as Wednesday. This comes as t…
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10 months agoSolana's Value Drops 12%, Analysts Predict Further Decline
Solana (CRYPTO: SOL), often referred to as an ‘Ethereum (CRYPTO: ETH) killer’, has seen its native token, SOL, drop by 12% in the last 24 hours, disrupting its year-end surge. After reaching a high of $126.30 on…
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10 months agoUBS Plans to Expand Wealth Management Business in China
Despite recent business challenges, UBS is planning to expand its wealth management and fund business in China. The future of the onshore securities business remains uncertain.“China is a key strategic market and a…
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10 months agoShiba Inu to Automate Token Burns, Potentially Burning 100 Trillion Annually
Shiba Inu has recently announced the automation of its SHIB token burns, a move that is expected to result in the burning of over 100 trillion SHIB annually. This equates to approximately 9.25 trillion SHB each…
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10 months agoRipple, Hedera, Stellar Lead in ISO 20022-Compliant Cryptocurrency Revolution
The global financial industry is currently experiencing a significant transformation with the introduction of ISO 20022, an international protocol set to replace the aging SWIFT system. This protocol offers a…
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10 months agoGalaxy Fox Gains Momentum, Solana Challenges Ethereum's Dominance
The cryptocurrency market is currently bullish, with some experts predicting that Solana (SOL) could potentially overtake Ethereum (ETH). In the meantime, Galaxy Fox (GFOX), a meme coin on the Ethereum platform, is…
