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Ripple Tests $0.66 Barrier; Will XRP Surpass ATH Next Week?
22.7.2024
The crypto market’s optimism has fueled a four-day rally for XRP, propelling its price up by more than 15% this week. Now trading at $0.6141, XRP’s surge has elevated its market cap to $34.3 billion, firmly placing it as the 6th largest digital asset. Moreover, its trading volume surged...
US Senate recommends blockchain for national security tests
9.7.2024
The U.S. Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management
Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
25.6.2024
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of...
Ether price hits 2-month high against Bitcoin as BTC price tests $69K
22.5.2024
Bitcoin is flagging versus Ethereum ahead of the ETF decision, but one target sees $80,000 BTC price emerging from a green light to launch
Lightning Labs successfully tests Bitcoin blockchain stablecoins
13.5.2024
The developer of Bitcoin’s Lightning Network, Lightning Labs, has successfully tested a protocol intended to enable the issuance of stablecoins on the Bitcoin blockchain. Lightning Labs CEO Elizabeth Stark disclosed during her address at the Financial Times Crypto and Digital Assets Summit...
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
9.5.2024
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential for financial innovation, delivering key lessons...
Neo Price Prediction as NEO Token Slips 2.3% Despite Market Rebound – Can NEO Reach $20?
3.5.2024
The Neo (NEO) price is in focus as the cryptocurrency slips despite a broader market rebound, and as it tests a key medium-term uptrend.
The post Neo Price Prediction as NEO Token Slips 2.3% Despite Market Rebound – Can NEO Reach $20? appeared first on Cryptonews
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC
11.4.2024
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins
Brazilian BV Bank Tests Tokenized Model for Vehicle Sales
9.4.2024
BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to manage vehicle financing and sales operations. The first phase of the tests involves automating consumer-to-consumer vehicle sales processes, including the delivery of tokenized money in exchange for...
Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
5.4.2024
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with...
Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin to Coinbase – Where Next for BTC?
2.4.2024
The Bitcoin (BTC) price is eyeing a possible breakout to the south of the $65,000 level as the market readies itself for a potential $2.1 billion sale of confiscated Silk Road Bitcoin tokens by the US government.
The post Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin...
Dogecoin Price Prediction as DOGE Overtakes Cardano – $10 DOGE Possible in 2024?
29.3.2024
Amid Elon Musk's hints and a buoyant market, Dogecoin's bullish run faces tests at $0.2255, with an overbought RSI suggesting caution.
The post Dogecoin Price Prediction as DOGE Overtakes Cardano – $10 DOGE Possible in 2024? appeared first on Cryptonews
Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry
25.3.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting with CBDC, Argentina’s VASPs will have to register to provide services in the country, and Argentines...
Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm
22.3.2024
The market might take a breather this weekend, says Singapore's QCP Capital
With Mastercard, MetaMask Tests First Blockchain-Powered Payment Card
11.3.2024
It would be "the first ever truly decentralized web3 payment solution," allowing users to spend their crypto "on everyday purchases, everywhere cards are accepted," according to marketing materials CoinDesk reviewed
Yuga Labs tests its Bored Apes-themed Otherside Metaverse
4.3.2024
Yuga Labs begins testing its Bored Apes-themed Otherside Metaverse, designed for players to choose their own fun, in the sense that players must regulate their own exposures. This was done to the advantage of a few NFT owners. A variety of responses were received from the users. The product...
Turkish Central Bank Releases First Phase of its CBDC Evaluation Report
21.2.2024
The phase 1 of digital Turkish lira involved preliminary tests of strategic technologies, the central bank of Turkey noted.
The post Turkish Central Bank Releases First Phase of its CBDC Evaluation Report appeared first on Cryptonews
New AI Model Groq Challenges Elon Musk’s Grok and ChatGPT
20.2.2024
Groq, the latest AI tool to make waves in the industry, has quickly gained attention after its public benchmark tests went viral on the popular social media platform X.
The post New AI Model Groq Challenges Elon Musk’s Grok and ChatGPT appeared first on Cryptonews
Citi Bank Tests Tokenization of Private Equity Funds on Avalanche
14.2.2024
The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets
Fintech Provider Monei Kicks-Off EURM Stablecoin Pilot in Spain
2.2.2024
Fintech firm, Monei has launched trials of the euro-backed stablecoin EURM in Spain in collaboration with major financial institutions in the country. In a recent press release, the company announced the commencement of tests under the supervision of the Bank of Spain’s Financial Sandbox. The tests...