Author: cointechies

A major upheaval is brewing in the European cryptocurrency market as Tether (USDT), the world’s largest stablecoin, risks becoming illegal due to the impending enforcement of the Markets in Crypto-Assets (MiCA) regulation. The move, which is expected to take effect within the next three days, could drastically change the European crypto ecosystem. Hailed as a milestone in crypto legislation, the MiCA Regulation aims to bring stability and transparency to the digital asset market across the European Union. While the framework is designed to standardize the operations of cryptocurrencies, stablecoins take center stage due to their central role in the market.…

Self Chain, a Layer 1 blockchain focused on intent-based architecture, has entered into a strategic partnership with LinqAI, a renowned provider of intelligent AI solutions and SaaS ecosystems. The aim of this collaboration is to redefine the Web3 space by integrating artificial intelligence (AI) to ensure improved scalability, efficiency and security. Known for its innovative contributions to business operations, LinqAI has revolutionized traditional workflows by introducing agentic AI frameworks. These frameworks enable intelligent AI-driven systems to seamlessly integrate into business processes and carry out tasks precisely and reliably. This approach enables companies to comprehensively automate workflows while achieving high-quality results,…

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Discover the best cryptocurrencies to buy now for huge upside potential in 2025. Discover Cardano, XRP, Dogecoin and AAVE. As we approach the end of 2024, smart investors are looking at the next crypto bull leaders. The crypto market has seen a wild run in recent months, with periods of high volatility and growing interest. After a broader market correction wiped out billions, things began to improve. Bitcoin and Ethereum are comparatively stable and the altcoin market is on the verge of a breakthrough. As the total crypto market capitalization is back over $3 trillion, Experts I believe a second…

Hamster Kombat, the popular tap-to-earn game hosted on Telegram, has announced its decision to deploy a Layer 2 network on The Open Network (TON). This move comes after the game’s DAO community voted to create a dedicated blockchain to improve the utility of its native token HMSTR. The upcoming blockchain, expected to be called Hamster Network, will serve as the cornerstone of a broader ecosystem called the Hamsterverse. The development team has revealed that work on this network is already underway. They plan to present the DAO with a detailed roadmap and strategic plan in the coming weeks outlining how…

AssetLink RWA DePIN AI, a well-known name in real-world asset tokenization (RWA) and decentralized physical infrastructure networks (DePIN), has announced a strategic partnership with Kima Network. The aim of this collaboration is to improve the blockchain industry’s approach to RWA tokenization and optimize cross-chain transactions. Kima Network brings its advanced cross-chain payments infrastructure to the partnership, enabling seamless trading of stablecoins such as USDT and USDC across major blockchains including Ethereum, BSC, Polygon and Solana. This innovation eliminates the need for wrapped tokens or complex processes, streamlining transactions and ensuring smooth interoperability between chains. The secure and user-friendly transaction framework…

HPL Games, a blockchain-driven gaming project, has announced the presale of its HPL tokens as part of its preparations for the game’s release in 2025. The presale is focused on raising $100,000, which will serve as initial funding to kick-start development and build the token ecosystem that underpins the project. Founded in 2024, HPL Games aims to revolutionize mobile gaming by integrating blockchain technology into its core structure. The project aims to provide an immersive gaming experience based on blockchain-powered in-game currencies, providing players with transparency, security and increased engagement. Flexible and rewarding in-game economy At the center of the…

Mr. Xoom, a well-known market analyst, believes that the ongoing XRP decline will culminate in the completion of Elliott Wave 4. He mentioned this in a recent analysis amid the ongoing market slump. It’s worth noting that despite occasional recovery efforts, the broader crypto market was in a bearish phase for most of December. XRP is one of the victims of this turmoil and cannot overcome it the price level of $2 since I got it back on December 1st for the first time in seven years. After hitting a high of $2.9 on December 3, it suffered a decline…

Pi Network, a fast-growing blockchain platform, has announced a major development in preparation for the Open Network launch scheduled for the first quarter of 2025. The team has made mainnet Pi apps accessible via the ecosystem interface in the Pi browser. The interface currently includes 20 initial Pi apps, with plans to add more over time. This interface now makes mainnet Pi apps accessible to pioneers, giving them real-world utilities and ways to transact with Pi. This new feature makes Mainnet Pi apps accessible to pioneers and marks a significant step in the platform’s evolution. Source: X The first group…

America’s largest banks are poised to secure their largest share of the banking industry’s profits in nearly a decade after an explosive rise. JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – the four largest banks in the US – posted combined profits of $88 billion in the first nine months of the year, the Financial Times reports, using figures from BankRegData. The banking giants now account for 44% of all industry profits, and when you combine the Big Four with US Bank, PNC and Truist – the next largest banks – the seven institutions generate 56% of all…