Cryptocurrency, like bitcoin, has evolved from a niche payment system in 2009 to a popular investment option today.Bitcoin and other cryptocurrencies are digital currencies bought and sold without traditional banks. “Crypto, and bitcoin in particular, was really started as a payment system that was intended for people just to go shopping with,” said David Yermack, a finance professor at NYU Stern School of Business. “It has morphed into an investment.” Bitcoin can be purchased through cryptocurrency exchanges, stockbrokers, ATMs, exchange-traded funds, money transfer apps and wallet software. It can also...
If you're entering with $25,000, you're positioned right in the sweet spot for both short- and long-term gains. At the current presale price of $0.3370, you’ll receive about 74,181 $TICS tokens. Once Qubetics lists at $0.40, your holdings would be immediately worth around $29,672—a fast 18.7% gain on day one.But that’s just the beginning. Should $TICS hit $5, your $25,000 investment could grow into a whopping $370,905—a 1,383% return. And if the token goes to $10, following the bullish projections tied to Qubetics’ rare combination of reduced supply, advanced DePIN...
Tokenization is on track to become one of the most important advancements in both the crypto and traditional finance industries. As blockchain technology becomes more advanced and widely accepted, the boundaries between physical and digital financial systems are . Future developments may include: Government bonds issued as tokens on public blockchains Real estate platforms offering live token trading Global stock exchanges are experimenting with blockchain-based settlement systems Central banks are using tokenized infrastructure for digital currencies and asset reserves The continued partnership between traditional financial institutions and blockchain innovators will be critical. With strong support from...
Join Our Telegram channel to stay up to date on breaking news coverage Over the last two days, Abraxas Capital removed over 61,401 ETH, or about $116.3 million, from exchanges. Since institutions transfer money into safe wallets for long-term holding, such massive withdrawals frequently signal a positive mood, which lowers the supply on exchanges and could raise prices. What’s causing the recent excitement in the crypto world today? It’s the rapid ascent of three digital assets that are causing significant waves on the Base Chain: WELL, Crash, and Arcadia. These...
The Indian digital finance scene may be at a crossroads. The issuance of a Digital Rupee (e₹) by the Reserve Bank of India (RBI) marks a huge step towards a digital economy, while at the same time, in other parts of the world, the DeFi sector is expanding, as financial service products and services are moving to blockchain and other decentralized financial systems that do not have traditional intermediaries. Between the two paradigms of a centrally issued digital currency and decentralized finance systems are challenges for the Indian financial ecosystem...
Indian authorities arrested at Washington's request a cryptocurrency exchange administrator accused of money laundering conspiracy and violating sanctions, India's top crime fighting bureau said on Wednesday.The United States, Germany and Finland took down the online infrastructure used by the Russian cryptocurrency exchange Garantex, the US Justice Department said last week, adding that two administrators of the exchange were charged. One of those administrators was Aleksej Besciokov, a Russian resident and Lithuanian national who was charged with money laundering and also faced accusations of violating sanctions and operating an unlicensed money-transmitting...
The financial services industry is no longer "three to five years" away from digital assets becoming ... mainstream.getty Digital assets, beginning with cryptocurrency and evolving rapidly to include tokenized forms of money and financial instruments, have been with us for well over a decade now. In the beginning they existed on the fringes of established financial systems, but as the world slowly became more accustomed to them, and as they evolved to include central bank digital currencies (CBDCs) and stablecoins, this changed. Stability and utility allowed for a genuine appreciation...