According to our Ark Invest, Ethereum could displace many traditional financial services, and its native token, ether, could compete as global money.

As financial services move on-chain, decentralized networks are likely to take share from existing financial intermediaries. The beneficiaries of this shift include Ethereum, the base protocol, and DeFi, the decentralized applications built on top of Ethereum.

As the preferred collateral in DeFi and the unit of account in NFT marketplaces, ether (ETH) has the potential to capture a portion of the $123 trillion in global M2


#Ethereum #DeFi #Finance #Ether

Digital payments technology is forcing the financial system to evolve. Banks feel their power waning and want to regain control. Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).

#Bitcoin #Banks #Finance #Crypto

Want to Know What is the future of Stable coins in the United States? 🤔

#Stablecoins are small in the #finance market but face big #regulatory uncertainty, impacting financial innovation and U.S. dollar's global standing.😱

🔥Don't Miss this interesting information🔥
https://coinpedia.org/news/stablecoins-at-risk-amid-regulatory-confusion-paul-grewals-insight/

El Salvador pioneers #cryptocurrency with "Volcano Bonds," a groundbreaking move in #finance & technology for economic growth.

Q1, 2024 marks #Bitcoin bond debut, endorsed by CNAD, reducing debt, funding Bitcoin City, boosting mining infrastructure.
https://coinpedia.org/news/el-salvadors-volcanic-bonds-pioneering-a-crypto-powered-future-in-q1-2024/

Ever wondered how stablecoins are revolutionizing the #finance game?

Ready to explore the dynamic world where stability meets innovation?

Dive into our Stablecoin Report 2023!👇

#Stablecoin #Cryptocurrency #Tether #CryptoNews #Coinpedia
https://coinpedia.org/research-report/stablecoin-performace-research-report/

Anthony Pompliano defends #blockchain, citing #Bitcoin and #Tether's success, with Tether surpassing Goldman Sachs profits.

Tether's Q4 report reveals $2.85 billion profit, challenging critics, showcasing blockchain's impact on #finance.
https://coinpedia.org/news/inside-tethers-strategy-6-2-billion-in-annual-profits/

Jerome Powell, speaking on 60 Minutes tonight, acknowledged that the US government's finances are in trouble.

He said the debt is increasing faster than the economy, which is not sustainable. Powell also pointed out that we're borrowing from future generations. The projected national debt in 30 years is a staggering $144 trillion.

#CryptoNews #Crypto #blockchain #FED #Powell #Finance #Economy

"Putin Accuses US Government of Directly Undermining the Dollar"

🔵 Putin accuses the US of contributing to the dollar's decline by allowing many nations, including major oil producers, to adopt the Chinese yuan for oil transactions.

🔵 During a recent phone call, Putin and Xi Jinping condemn US interference in other countries' affairs, highlighting their strong bilateral ties.

🔵 Bilateral trade between China and Russia exceeded expectations, reaching $218.2 billion last year, with Putin and Xi meeting twice to discuss further cooperation.

🔵 Recent Chinese data reveals that Russia has surpassed Saudi Arabia to become China's top crude oil supplier in 2023.

#Dollar #USD #China #Russia #USA #Trade #Finance

Source: @FOXNews

Trump's Financial Deception: Judge Slaps $364 Million Penalty

🔵New York judge rules against Donald Trump, imposing a $364 million penalty for financial deceit.

🔵Trump barred from serving as officer or director of any New York corporation for 3 years.

🔵Decision follows a 2½-month trial where Trump claimed victimization by the legal system.

🔵Ruling comes after allegations of Trump's scheme to deceive banks with inflated financial statements.

#Finance #Trump #Donald #USA #Law #CryptoNews

#Ripple, based in San Francisco, plans advanced custody system, ensuring top-notch security for digital assets. #Cryptonews

Acquisition of #Metaco strengthens Ripple's aim to innovate in digital money security, benefiting prominent #finance players.
https://coinpedia.org/news/ripple-looking-to-build-world-class-custody-infrastructure-posted-a-new-job-opening/

#Ethereum Name Service (ENS) settles with Manifold #Finance, retains eth.link domain ownership after voting.

ENS DAO members approve $300,000 settlement, refund proposal covering legal expenses gains 84% support. #cryptonews
https://coinpedia.org/news/ens-and-manifold-finance-reach-300k-settlement-over-eth-link-domain-ownership/

Bitcoin has seen 4 leap years till Now!

Tracking Bitcoin's Leap Year Performance: Four Cycles of Price Shifts Highlight Cryptocurrency's Volatile Journey.'



#Decentralized #Cryptocurrency #Bitcoin #Finance #Halving #Coinpedia

🚀✨ Dive into the future of finance with AI! In 2024, the US leads the global AI-driven crypto craze at 18.9%, with the UK and Türkiye not far behind! 🌍💼

From real-time market monitoring to automated trades, AI is reshaping how we trade cryptocurrencies.

#Cryptocurrency #AI #Trading #Cryptomarket #Finance #Coinpedia

Analysts reduce #EthereumETF approval odds to 25%, citing #SEC's cautious stance and delays. #CryptoNews

Uncertainty over approval signals broader regulatory challenges, impacting #cryptomarket sentiment and integration into traditional #finance.
https://coinpedia.org/news/ethereum-etf-approval-chances-decline-by-25-amid-regulatory-hurdles/

Harvest Global Investments and MetaComp collaborate to introduce #Bitcoin and #Ethereum spot #ETFs in Singapore.

Partnership aims to leverage strengths, expand offerings, and bridge traditional finance with #crypto #finance.
https://coinpedia.org/news/hong-kongs-bitcoin-and-ethereum-spot-etfs-coming-to-singapore/

#SonneFinance hacked, losing $20 million via Compound #Finance vulnerability exploit on Optimism. #Crypto #CryptoNews #CryptoHack

Response: Closed Optimism markets, ensured Base safety, engaged community to recover funds, emphasized security.
https://coinpedia.org/news/defi-project-sonne-finance-exploited-for-20-million-on-optimism/