Hedera Joins Central Bank-Led Project Acacia as Stablecoin Research Accelerates

Hedera has joined an ongoing project led by the Reserve Bank of Australia (RBA) and the Finance Cooperative Research Centre (DFCRC) to explore digital money. Twenty-four innovative use cases have been selected for the next stage.  The Hedera Foundation has confirmed that Hedera has joined “Project Acacia” to explore how digital money could support the […]

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Australia Is Actively Testing CBDCs And Stablecoins As Part of “Project Acacia”

Key Insights: Australia’s Project Acacia is entering a testing phase to look into the real-world benefits of digital assets.  These assets include CBDCs, stablecoins and tokenized assets and will pilot 24 use cases, including 19 real-money trials. Major Australian banks, including Commonwealth Bank, ANZ, and Westpac, are actively participating in collaboration with partners like JPMorgan. […]

Missed Bitcoin’s Pump? Catch the Altcoin Wave with Kraken’s Pro Tools

The post Missed Bitcoin’s Pump? Catch the Altcoin Wave with Kraken’s Pro Tools appeared on BitcoinEthereumNews.com. Missed Bitcoin’s Pump? Catch the Altcoin Wave with Kraken’s Pro Tools Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Aidan Weeks, a Master’s graduate in Mechanical Engineering, has thrived as a content writer for […]

72% YoY increase in crypto-backed card borrowing, reports Nexo

The post 72% YoY increase in crypto-backed card borrowing, reports Nexo appeared on BitcoinEthereumNews.com. Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10.  Nexo’s 2024 Card Report shows […]

Robinhood launches Ethereum and Solana staking in the US

The post Robinhood launches Ethereum and Solana staking in the US appeared on BitcoinEthereumNews.com. Key Takeaways Robinhood has rolled out Ethereum (ETH) and Solana (SOL) staking services in the US. Users can now stake their ETH and SOL tokens directly through Robinhood’s platform. Robinhood has officially enabled Ethereum and Solana staking in the US, allowing […]

XRP Surge Heightens as Ripple CEO Forecasts Massive $2 Trillion Stablecoin Market Boom ⋆ ZyCrypto

The post XRP Surge Heightens as Ripple CEO Forecasts Massive $2 Trillion Stablecoin Market Boom ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp According to the CEO of blockchain payments firm Ripple, Brad Garlinghouse, the community sentiment is that the stablecoin market could surge 10 times in the coming years. Stablecoin Market To Soar To […]

Ethereum’s Rise as a Treasury Asset Fuels $10K Price Prediction

Hayes recently took to X to predict ETH will eventually reach $10,000—a level that would mark a dramatic surge from current prices. The timing of Hayes’ projection aligns with a noticeable shift in how institutions view Ethereum. Once seen primarily as a programmable blockchain, ETH is now emerging as a core treasury asset, increasingly used […]

Bitcoin Blasts Past $113K as Liquidations Top $300 Million

The post Bitcoin Blasts Past $113K as Liquidations Top $300 Million appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin has shattered expectations once again, breaking through the $113,000 mark and setting a new all-time high. The world’s leading cryptocurrency is now trading at $113,357, up 3.58% in the past 24 hours and continuing its steady rally over the […]

Can Crypto Traders Apply Gambling Strategies to Their Systems?

The speculative nature of cryptocurrencies has led to them being frequently described as a type of gambling. While there are some major differences between betting and trading cryptos, it’s worth taking a look at whether some of the key gambling strategies might be useful in the crypto world. How Online Gambling is Evolving The online […]