Beyond cryptocurrencies: How blockchain technology is revolutionizing industries with transparency Blockchain technology, once primarily associated with cryptocurrencies like Bitcoin, has transcended its origins to become a revolutionary force across multiple industries. Its inherent features of transparency, security, and efficiency are driving innovative solutions beyond traditional finance, reshaping sectors ranging from healthcare to supply chain management. Supply Chain Management Blockchain technology applications in supply chain management revolves around its ability to create an immutable, transparent ledger of transactions. By recording every step of a product’s journey on a decentralized platform, blockchain ensures traceability and authenticity throughout the supply chain. This transparency…

South Korea’s new cryptocurrency regulations: Setting a global standard for investor protection Crypto News: South Korea’s Financial Supervisory Service (FSS) is embarking on a new regulatory journey aimed at advanced crypto surveillance. This initiative of advanced crypto surveillance, driven by the forthcoming Virtual Asset User Protection Act set to be enforced starting July 19, represents a pivotal step in safeguarding investors and regulating trading practices within the digital asset sector. The cornerstone of this regulatory effort is a sophisticated monitoring system designed in collaboration with South Korean digital asset platforms. Under these regulations, major cryptocurrency exchanges like Upbit, Bithumb, Coinone,…

Ethereum vs. Solana: Contrasting blockchain giants – differences, use cases, and industry impact Differences Between Ethereum and Solana: Blockchain technology has reshaped industries with its promise of decentralization, security, and innovation. At the forefront of this revolution stand Ethereum and Solana, two blockchain platforms renowned for their distinct technological approaches and diverse applications. Understanding the key differences between Ethereum and Solana is crucial for developers, businesses, and investors navigating the burgeoning blockchain landscape. Scalability and Transaction Speed Solana has gained prominence for its impressive scalability, processing up to 65,000 transactions per second (TPS). This capability stems from its innovative Proof…

Basel Committee approves new crypto asset disclosure rules for Banks, effective January 2026 Crypto News – Banks to Publish Crypto Holdings from 2026: Global banking regulators have approved templates for banks to publish crypto holdings from 2026, a year later than initially planned. This decision aims to improve the availability of information and bolster market discipline, according to a statement from the Basel Committee on Banking Supervision. The Basel Committee, composed of banking regulators from major global economies, sets and applies agreed-upon standards to ensure financial stability. In their recent meeting, they discussed the prudential impact on capital regarding tokenized…

SoftBank stock price analysis: Surges 1.5% to record high on AI and semiconductor vision SoftBank Stock Price Analysis: SoftBank Group shares soared to a historic high on Wednesday, underlining a resurgence in investor confidence driven by CEO Masayoshi Son’s bold initiatives in artificial intelligence and semiconductor investments. The SoftBank stock surged by 1.5% in Tokyo trading, reaching ¥10,705.00 (US$66) per share. This uptick was buoyed not only by the recovery of the Nikkei 225 index but also by increasing recognition of SoftBank as a significant player in the semiconductor sector. Masayoshi Son’s strategic pivot towards artificial intelligence has been a…

Strategic stock picks: Navigating economic shifts and policy impacts ahead of Budget 2024 Stocks to Buy Before Budget 2024: As India gears up for Budget 2024, savvy investors are eyeing sectors and stocks poised to benefit from government policies and economic trends. Here’s a comprehensive look at some promising sectors and specific stocks to buy before budget 2024 for significant returns: Hindustan Unilever Ltd. (HUL) Overview: Hindustan Unilever Ltd., a stalwart in the FMCG sector, has shown resilience despite recent market volatility. Known for its robust fundamentals and strong stock market presence, HUL remains a preferred choice for conservative investors.…

Judge rules SEC’s lawsuit against Binance will proceed, impacting crypto regulation Crypto News: In a significant legal development impacting the crypto market, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia delivered a pivotal ruling late Friday, allowing most of the U.S. SEC lawsuit against Binance to proceed. The decision dealt a blow to Binance’s efforts to dismiss the SEC’s allegations concerning violations of securities laws. The SEC’s lawsuit, initiated in June 2023, accuses Binance and its founder, Changpeng Zhao, of a range of infractions. These include purportedly inflating trading volumes, mishandling customer funds, failing…

Crypto spot ETFs to watch in 2024: Investing insights into Bitcoin and Ethereum funds for exposure The landscape of cryptocurrency investment has evolved significantly with the advent of crypto spot ETFs that offer investors exposure to digital assets without the complexities of direct ownership. In 2024, several top crypto spot ETFs stand out, providing diverse options for those looking to capitalize on the potential of cryptocurrencies like Bitcoin and Ethereum. Bitcoin ETFs BlackRock iShares Bitcoin Trust (IBIT) Leading the pack of top crypto spot ETFs is the BlackRock iShares Bitcoin Trust, which has garnered substantial attention and investor trust. IBIT…

Unlocking July: how US$730M token releases could reshape crypto markets Crypto News: The cryptocurrency market, particularly Bitcoin, has been a focal point of volatility and institutional influence in recent months. June witnessed Bitcoin’s roller-coaster ride, surging to near all-time highs early in the month before plummeting to US$59,000 later on. Amidst this turbulence, a notable trend has emerged: decreased weekend trading volumes for Bitcoin over the past year, attributed largely to the institutionalization of the cryptocurrency. According to Kaiko’s latest report, weekend trading volumes for Bitcoin have decreased from 28% to 16% of total trading activity. This shift is primarily…

MicroStrategy stock: is it a buy or sell opportunity after its impressive 118% surge in six months Stock News: MicroStrategy, a renowned U.S. business intelligence firm, has witnessed a remarkable surge in its stock value over the past six months. The company’s shares have soared by an impressive 118.09%, currently trading at US$1,377, a substantial rise from approximately US$615 at the beginning of 2024. This robust growth underscores the high level of investor confidence in MicroStrategy’s crypto-centric strategy and substantial Bitcoin investments. Bitcoin Holdings and Market Influence MicroStrategy has strategically positioned itself in the cryptocurrency market, amassing a staggering 226,331…