Price analysis 12/23: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX

A new European Investment Bank report highlights the need for increased innovation financing in the EU to maintain tech leadership and compete globally in key sectors like AI and emerging technologies.

Tether CTO Paolo Ardoino claimed CBDCs would primarily replace the old-age payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure. 131 Total views 3 Total shares Paolo Ardoino, the chief technology officer at Tether, believes that the growing developments around central bank digital currencies (CBDCs) globally wouldn’t really impact the role…

SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins. 554 Total views 13 Total shares Speaking on a Unitize digital conference panel, Peter Dittus, chief economist for SFB Technologies, said he does see a place for privately-issued stablecoins. "I don't see a great future," Dittus…

Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. 1759 Total views 131 Total shares The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet. At the event, Zuckerberg…

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Public blockchains can be accessed and read by anyone but creating meaningful insights from this data is no mean feat. Millions of transactions are recorded across a variety of chains and layer-2 protocols, creating petabytes of data daily.Services like Google transformed the early internet, accomplishing a significant engineering task by structuring and curating millions of…

Major cryptocurrency exchange OKEx is integrating Paxful’s Kiosk and trading services into its platform. 2578 Total views 34 Total shares Peer-to-peer Bitcoin (BTC) marketplace Paxful is integrating its platform with major cryptocurrency exchange OKEx.According to an announcement on June 15, the partnership will offer several payment methods for OKEx users through Paxful’s Kiosk to buy…

Institutional Bitcoin (BTC) trading platform Bakkt is on course to treble its all-time high for trade volume after hitting new records last week. Bakkt Frontruns China HypeAccording to data from Twitter-based monitoring resource Bakkt Volume Bot on Oct. 26, Bakkt traded 1,183 Bitcoin futures contracts, or 1,183 BTC ($11 million) on Friday. Compared to just 331 contracts…