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The recent Bitcoin price increases, and the upcoming halving have brought back media attention. Famous financial channel CNBC recently explained the upcoming halving and made a bold prediction claiming that BTC could surge soon.
Crypto-friendly expert, Brian Kelly predicted that in thirty to sixty days from now, “we can see a nice run-up again.”
Whale Alert is reporting that Ripple has unlocked more tokens, as expected. Yesterday, the team transferred 1B XRP in total in three separate transactions of 500M, 400M, and 100M XRP.
The total XRP unlocked in May is worth around $220M at current prices.
JP Morgan and Goldman Sachs are advising their clients against purchasing Bitcoin. Newly launched Digital Asset Investment Management admits that the potential Bitcoin buyer got cold feet right after speaking to his financial consultants.
Ethereum token issuance will be greatly reduced with Ethereum 2.0 (PoS) says Vitalik Buterin.
Eth 2.0 issuance meanwhile is expected to be somewhere between 100,000 and 2 million a year, with the most likely scenario being that it will be much less than 2 million.
The current Ethereum network has about 4.7 million ETH issued annually.
Tezos will use Chainlink oracles to service their smart contracts. Tezos will use the oracles to develop its next generation decentralized applications, including stablecoins.
Whalebot Alerts has reported that Tether issued more than 160 million new coins in the last 24 hours in just two transactions.
The first $60 million were minted when Bitcoin was valued at just over $8,000. A second transaction of $100 million USDT was issued just before BTC’s push past $8,500.
Binance and BitPay, the world’s largest provider of blockchain payment services, are working together to make BUSD a viable payment option across all of BitPay’s merchants worldwide, including all the states in the U.S.
Support for BUSD in the BitPay wallet has been activated recently, while support for BitPay merchants will go live in the coming days.
YouTube has suspended the channel of Ripple CTO David Schwartz soon after the blockchain firm launched a lawsuit against it over XRP scams in videos.
Wednesday's events come a week after Ripple initiated a lawsuit against Youtube on allegations the platform had failed to prevent fake XRP giveaway scams on the platform. The filing states Youtube's unwillingness to suspend scam channels has led to users being defrauded out of hundreds of thousands of dollars, as well as reputational damage for Ripple.
Google Play market and Apple's AppStore will reportedly soon feature the Telegram Open Network (TON) operating system (OS), an end-to-end open-source infrastructure that allows developers and users to work with the TON blockchain.
The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now contests credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) receive “better returns” than on BTC.
The Bitcoin SV scaling test network had “consistently sustained 1,300 transactions per second for a prolonged period, in addition to handling a peak load of 6,400 transactions per second”.
Hong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development of the digital yuan. SenseTime will set up a joint research division to accelerate AI adoption in finance.
SenseTime is backed by global e-commerce giant Alibaba that led SenseTime’s $600 million funding in 2018.