Michael Kong led Fantom’s transformation into Sonic Labs, focusing on speed, scalability, and secure blockchain technology.Sonic Labs’ upcoming mainnet launch reflects Michael Kong’s vision for real-world blockchain applications and innovative solutions. Michael Kong’s journey into the realm of blockchain and cryptocurrencies is one of determination, inventiveness, and a strong fascination with technology. Having a solid...
The idea of adding Bitcoin to national financial reserves is growing, with the United States paving the way and countries like Germany and Hong Kong now considering similar steps.Japan’s Prime Minister acknowledged the potential of Bitcoin as a safe haven during inflation but noted that its price volatility makes it difficult to implement as a...
The market shows strong bullish potential despite a perceived bearish phase, with altcoins achieving consistent double-digit growth.Strategic accumulation and long-term planning are vital as the cryptocurrency market prepares for significant growth in the coming years. Despite perceived stagnation, the crypto market continues to show signs of resiliency and possibility. Popular crypto analyst Alan Santana has...
A Hong Kong legislator proposed adding Bitcoin to national reserves for financial stability.The plan includes using Bitcoin ETFs to attract investment and reduce market risks. A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to incorporate Bitcoin into the region’s national reserves, emphasizing financial security and market stability. Wu Jiexhuang, a...
Russia is moving forward with a proposal that mandates banks and merchants to implement the digital ruble, the nation’s central bank digital currency (CBDC), via legislation introduced in the State Duma.By mandating the digital ruble, Russia could potentially lay the groundwork for embracing cryptocurrencies, specifically Bitcoin, within its financial system. A draft bill has been...
Dogecoin gains attention from Elon Musk and government initiatives, enhancing its real-world applications.Analysts predict a potential price surge, mirroring trends from Dogecoin’s 2021 rally. Dogecoin has achieved significant milestones this year, from record-breaking prices to being highlighted in high-profile discussions. The digital currency, born from a meme, is taking its role in the new financial...
Fantom’s price is trading in a narrow range, and technical indicators suggest a potential breakout or further decline.Market sentiment remains cautiously optimistic, but traders must monitor resistance levels and broader trends for clarity. Fantom (FTM) has captured attention despite a recent downtrend. It was trading at $0.7934 at press time after a 2.16% daily drop....
Dan Morehead predicts Bitcoin could reach $740,000 by April 2028 with a $15 trillion market cap.Bitcoin adoption is expected to grow from 300M users to over 5B in the next decade, driving massive growth. Dan Morehead, CEO of Pantera Capital, has made a bold forecast about Bitcoin’s future growth trajectory. By April 2028, he sees...
An analyst has tipped XRP for a parabolic surge as the asset shows signs of repeating a historical movement triggered by the potential withdrawal of the lawsuit against Ripple by the SEC.The US president-elect, Donald Trump, is reported to have started accumulating XRP alongside HBAR and BTC. A member of the Benzinga Crypto Advisory Board...
The use of clean and sustainable energy in Bitcoin mining has now exceeded 56%, surpassing the 50% benchmark set by Elon Musk for Tesla to resume Bitcoin payments.Bitcoin has often been criticized for its environmental impact; however, a positive trend is emerging as more miners are beginning to adopt renewable energy sources like solar, wind,...