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Global payments processor Mastercard has launched its Multi-Token Network (MTN) platform, a solution to foster interoperability within the blockchain ecosystem. Raj Dhamodharan, the head of crypto and blockchain at Mastercard, expressed the company’s vision for MTN as a foundational framework that ensures the security, scalability, and interoperability of transactions within the digital asset and blockchain ecosystems. While the announcement does not specify which cryptocurrencies will be supported, it does indicate that Mastercard is collaborating with select partners to enable transfers on public blockchains. Interestingly, the initial applications of MTN are not directly related to cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). The platform’s beta phase, scheduled for launch in the UK this summer, will utilize “tokenized bank deposits.” Furthermore, MTN will also allow using “regulated payment tokens” in financial applications. These references imply that MTN will prima

Bitcoin tries to cement higher support as an important day for markets arrives. Bitcoin (BTC) spiked through $31,000 on June 30 as a nearly $6 billion open interest expiry loomed. BTC/USD 1-hour chart. Source: TradingView Options expiry precedes day of BTC price triggers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local highs of $31,268 on Bitstamp before returning lower. BTC price performance improved into a key quarterly options expiry event, the second largest in Bitcoin’s history, with analysts keen to see its effect on markets. “Will be interesting to see how much is rolled over to future expirations and whether that OI is call or put dominant --> as that will impact how dealers hedge (buy or sell BTC),” financial commentator Tedtalksmacro wrote in part of associated commentary. June 30 represented a key date for BTC traders all around, with the options expiry forming just one in a series of key events. Macroeconomic data from the United States i

Join Our Telegram channel to stay up to date on breaking news coverage Pepe 2.0 has shattered the $20 million market cap, hitting a trading volume of $27 million. At the time of writing, Pepe 2.0 is priced at $ 0.0000000509 according to Coinmarketcap , up by 450.58% in the last 24 hours alone. Launched a couple of days ago, the coin price has pumped 54,000% in no time. This extraordinary surge has left investors and onlookers thinking – is it really the next Pepe coin? The pool for Pepe 2.0 on DEXTools made recently shows a market capital of more than $3 million and a total liquidity of over $192,000. The current total supply of the coin is 420690.00B PEPE2.0, and there are roughly 1.20k token holders. Pepe 2.0 is a brand-new coin that is now going bonkers on Uniswap. It has already generated quite the buzz in the cryptosphere, leaving many to speculate if it is the next meme coin superhit. The token’s Coinmarketcap description claims, “it will redo the run-up to a $1 billion

Join Our Telegram channel to stay up to date on breaking news coverage It seems that the memecoin mania is doing an encore round. Several newly launched tokens – all memecoins – have quickly gotten attention from the crypto crowd. Among them is Bacon Coin, which exploded within a few hours of launch on Uniswap. DEXTools shows that the token went up by 1700%. Does that make it the best memecoin to buy right now? BACON – A Memecoin Capitalizing on Bacon Memes Bacon arrived straight to Uniswap and, within hours, became the top gainer on DEXTools. It moved forward, leveraging the power of memes and the thirst that investors have for low-cap cryptos capable of making quick gains. The token’s trajectory led to hourly gains of 1700% for those who were able to invest early. While it should be surprising since Bacon is a memecoin, this trend has been getting common ever since the memecoin mania hit in 2023. Bacon Coin’s DEXTools’s chart shows that Bacon went by almost 1800% before t

Also Read: Cardano Price Lifeline Danger As Robinhood Delists ADA – Are Losses To $0.22 Imminent? advertisement Earlier, CoinGape reported comments about the ARK Bitcoin ETF filing having the first mover advantage, above Blackrock, which the world’s largest asset manager. This makes it an interesting wait for the SEC’s decision, and more importantly, who gets the decision first, Blackrock or Ark? Ark Bitcoin ETF Filing – Amendments The BlackRock filing mentioned its plans to use US crypto exchange Coinbase’s Custody platform and spot market data for pricing. The latest amendment to Ark’s spot Bitcoin ETF filing relates to the inclusion of a surveillance sharing agreement with a crypto exchange. This could likely be Coinbase, considering Ark CEO Cathie Wood ’s investments in Coinbase stock. It was only on June 7, 2023 that Cathie Wood ’s Ark Invest added $21 Million worth Coinbase (COIN) shares to its portfolio. Recommended Articles

Join Our Telegram channel to stay up to date on breaking news coverage Alien Milady Fumo (FUMO): Secure, Decentralized Cryptocurrency with Rewards The cryptocurrency Alien Milady Fumo is traded online and allows payments through secure transactions without intermediaries, resulting in low user costs.  Crypto Alien Milady Fumo (FUMO) uses blockchain technology, establishing a network between all users, and allowing distributed data storage and processing. The technology ensures the security and decentralization of transactions, increasing the efficiency of Alien Milady Fumo. FUMO also offers smart contracts so users can create and execute contracts without a middleman. Transactions are secure, fast, and cost-effective this way. A rewards system also incentivizes users to use FUMO. Buying Alien Milady Fumo (FUMO) on Exchanges: Steps, Price, and Fees  Alien Milady Fumo (FUMO) can be bought on online cryptocurrency exchanges. Exchanges are like middlemen between people who buy a

With the Litecoin (LTC) halving event drawing closer, the crypto market is abuzz with excitement as investors anticipate higher investment returns. On the other hand, VC Spectra (SPCT) has taken the cryptocurrency market by storm with its unique proposition. According to analysts, VC Spectra (SPCT) is set to surge 10x its initial value , providing investors with a unique opportunity to maximize profits. BUY SPECTRA TOKENS NOW Litecoin Experiences Upward Momentum Amidst Upcoming Halving Event Excitement is mounting among investors as the highly-anticipated halving event of Litecoin (LTC) approaches on August 3, 2023 . This event will significantly reduce the block reward for miners, declining from 12.5 LTC to 6.5 LTC. As the supply of new coins becomes limited, investors envision a potential price surge for Litecoin (LTC), prompting enthusiastic discussions about its bright future. Moreover, Litecoin (LTC) continues to expand its range of applications and services on it

Join Our Telegram channel to stay up to date on breaking news coverage Let’s start by explaining the difference between various types of transactions.    Cash is quite affordable when it comes to providing privacy and anonymity. When we pay in cash, we’re always anonymous, no one asks for any data for inspection, no one records who bought the goods and how much more money there is.   On the other hand, when we pay via bank transfer, the bank always has an insight into all transactions and account balances. In addition, inexperienced users of online payments can sometimes get into trouble, the more serious of which can be money theft, while the most common may be the storage of private information by large centralized  eCommerce  companies.     Online payments are increasingly used, and in some countries, they have almost completely replaced cash payments. It just means that, collectively, we need to raise security awareness when paying online.   T he next level of online paym

The Monetary Authority of Singapore (MAS) has recently disclosed a detailed report exploring the integration of asset tokenization and decentralized finance (DeFi) within global financial systems and standards. In a fresh development, Singapore’s monetary watchdog, the Monetary Authority of Singapore (MAS), has made public an insightful document analyzing the potential integration of DeFi and asset tokenization into the established structures of international standards and market infrastructures. The recently disclosed paper, named ‘Project Guardian: Enabling Open & Interoperable Networks’, delves into the potential applications of DeFi and the methods to convert tangible assets into their digital equivalents. While it asserts that these could be integrated without threatening global fiscal stability and integrity, it also advocates for the establishment of open and private networks. .@MAS_sg published a report proposing a framework for designing open, interoperable networks

Cryptocurrencies constantly evolve, and meme coins have played a major role in this transformation. Dogecoin (DOGE) is among the most popular meme coins that have gained much attention in recent years. However, the meme coin market is constantly changing, and new coins like Alex The Doge (ALEX) are now making their way to the top. Dogecoin: a steady force? Dogecoin, which started as a joke in 2013, has gained a solid following and seen considerable price gains thanks to high-profile endorsements and a passionate community. Its simplicity and the appeal of a shiba inu (SHIB) dog as its logo helped dogecoin become a household name among crypto investors. But being a meme coin isn’t all fun and games. The lack of a tangible utility beyond speculation and an uncapped supply has raised questions about Dogecoin’s sustainability in the long term. Despite its strong community support, the market is moving towards meme coins that offer utility, posing a challenge to Dogecoin.  Alex The D

As optimism grows regarding the potential approval of a bitcoin ETF in the United States, industry watchers suggest that fund issuers may soon apply to launch products holding crypto’s second-largest asset. Yet the fate of such yet-to-be-filed ether funds would likely hinge on how the SEC treats the latest wave of filings from spot bitcoin ETF hopefuls.  The recent effort by asset management titan BlackRock to launch an ETF that would hold bitcoin directly has reinvigorated a decade-long attempt by a range of firms to get such an offering past the SEC.  The $9 trillion asset manager’s filing was followed by renewed attempts by Bitwise, WisdomTree, Invesco and Valkyrie to launch similar products. The latest rush of spot bitcoin ETF proposals indicates prospective issuers believe “now is the time,” according to Neena Mishra, director of ETF research at Zacks Investment Research. “I would not be surprised to see an application to launch a spot ether ETF in the coming weeks,” she tol