Connect with us

CryptoCurrency

Map reveals Labour MPs who abstained on the farm tax vote – “Spineless!”

Published

on

Map reveals Labour MPs who abstained on the farm tax vote – “Spineless!”

Keir Starmer’s whips office was dealt its first major blow this week when a whopping 69 Labour MPs abstained on a high-profile vote on Chancellor Reeves’ inheritance tax hike on farmers.

On Wednesday the Conservatives used their opposition day to force a vote on Labour’s deeply unpopular plan to tax farmers’ assets over £1million at 20 per cent when they die.


The move prompted 20,000 angry farmers to gridlock central London on November 19, but the government doubled down saying it was a ‘fair and balanced way’ to plug the £22billion black hole.

Kemi Badenoch’s motion to scrap the changes to inheritance tax- widely labelled the ‘family farm tax’- was defeated comfortably by 339 noes to 181 ayes, a majority of 158.

Advertisement

With such a large majority, Labour was never likely to lose the vote.

But as many Labour backbench MPs would not have known of Reeves’ tax hike before her budget, this vote forced them to support or oppose it publicly.

The only other option was to abstain, ie not vote. Commentators often include abstainers when talking about party dissent as by abstaining they are declining to support the government.

Of course, some MPs may have just had more important engagements to attend, but this can’t be true of such a large number of abstainers.

Advertisement

It will be a disappointing result for Labour whips to see such large numbers not supporting the government.

The large number of abstainers also drew furious reaction from voters, with many labelling the MPs as spineless for not standing up for their rural constituents.

GB News has crunched the data and generated a map showing the Labour MPs who abstained on the vote.

Full list of Labour MPs who did not vote:

Rural

Advertisement
  • Tonia Antoniazzi / Gower
  • Catherine Fookes / Monmouthshire
  • Amanda Hack / North West Leicestershire
  • Chris Hinchliff / North East Hertfordshire
  • Henry Tufnell / Mid and South Pembrokeshire
  • Steve Witherden / Montgomeryshire and Glyndŵr
  • Other

  • Heidi Alexander / Swindon South
  • Douglas Alexander / Lothian East
  • Antonia Bance / Tipton and Wednesbury
  • Chris Bloore / Redditch
  • Julia Buckley / Shrewsbury
  • Maureen Burke / Glasgow North East
  • Liam Byrne / Birmingham Hodge Hill and Solihull North
  • Dan Carden / Liverpool Walton
  • Feryal Clark / Enfield North
  • Lizzi Collinge / Morecambe and Lunesdale
  • Yvette Cooper / Pontefract, Castleford and Knottingley
  • Stella Creasy / Walthamstow
  • Alex Davies-Jones / Pontypridd
  • Anneliese Dodds / Oxford East
  • Maria Eagle / Liverpool Garston
  • Sarah Edwards / Tamworth
  • Patricia Ferguson / Glasgow West
  • Mary Kelly Foy / City of Durham
  • James Frith / Bury North
  • Gill Furniss / Sheffield Brightside and Hillsborough
  • Louise Haigh / Sheffield Heeley
  • Fabian Hamilton / Leeds North East
  • John Healey / Rawmarsh and Conisbrough
  • Meg Hillier / Hackney South and Shoreditch
  • Leigh Ingham / Stafford
  • Dan Jarvis / Barnsley North
  • Diana Johnson / Kingston upon Hull North and Cottingham
  • Kim Johnson / Liverpool Riverside
  • Sarah Jones / Croydon West
  • Mike Kane / Wythenshawe and Sale East
  • Stephen Kinnock / Aberafan Maesteg
  • Sonia Kumar / Dudley
  • Peter Kyle / Hove and Portslade
  • David Lammy / Tottenham
  • Simon Lightwood / Wakefield and Rothwell
  • Kerry McCarthy / Bristol East
  • Pat McFadden / Wolverhampton South East
  • Alison McGovern / Birkenhead
  • Jim McMahon / Oldham West, Chadderton and Royton
  • Ed Miliband / Doncaster North
  • Ian Murray / Edinburgh South
  • Luke Myer / Middlesbrough South and East Cleveland
  • Lisa Nandy / Wigan
  • Kate Osborne / Jarrow and Gateshead East
  • Taiwo Owatemi / Coventry North West
  • Stephanie Peacock / Barnsley South
  • Jess Phillips / Birmingham Yardley
  • Luke Pollard / Plymouth Sutton and Devonport
  • Gregor Poynton / Livingston
  • Angela Rayner / Ashton-under-Lyne
  • Rachel Reeves / Leeds West and Pudsey
  • Jonathan Reynolds / Stalybridge and Hyde
  • Marie Rimmer / St Helens South and Whiston
  • Matt Rodda / Reading Central
  • Tulip Siddiq / Hampstead and Highgate
  • Cat Smith / Lancaster and Wyre
  • Keir Starmer / Holborn and St Pancras
  • Kirsteen Sullivan / Bathgate and Linlithgow
  • Marie Tidball / Penistone and Stocksbridge
  • Derek Twigg / Widnes and Halewood
  • Michelle Welsh / Sherwood Forest
  • Matt Western / Warwick and Leamington
  • Steve Witherden / Montgomeryshire and Glyndŵr
  • Rosie Wrighting / Kettering
  • This comes after a second protest has been confirmed for December 11 in the UK’s four capitals.

    Gareth Wyn Jones, Welsh celebrity farmer, has confirmed his attendance, calling for tractors to descend on UK town centres.

    The protest organiser Liz Webster of Save British Farming campaign group has said to ‘expect chaos’ and more tractors than last time.

    Source link

    Advertisement
    Continue Reading
    Click to comment

    You must be logged in to post a comment Login

    Leave a Reply

    CryptoCurrency

    What Is 4CHAN Crypto – Coinlabz

    Published

    on

    4chan-logo

    4CHAN hit the scene on May 3rd, 2023, aiming to be the latest meme coin sensation with a whopping 10 quadrillion tokens. Thanks to its **viral potential** and some big-name shoutouts, 4CHAN is buzzing in the crypto world.

    While not as widely known as some other cryptocurrencies, it has sparked interest due to its unique features and potential for growth.

    As with any investment in the cryptocurrency space, it is essential to conduct thorough research and understand the risks involved before diving in.

    4chan Crypto’s impact on the digital asset landscape remains to be seen, and investors should approach it with caution and careful consideration.

    Advertisement

    Key Takeaways

    • When evaluating 4chan Crypto, it is essential to assess the associated risks and potential rewards carefully.
    • The token presents unique features and active community participation; however, it is important to acknowledge its limited price volatility and relatively low presence on exchanges.
    • Investors are advised to approach this investment option with caution and closely monitor the token’s performance before making any decisions.
    • Remaining well-informed and maintaining a vigilant stance are essential when navigating the ever-evolving and intricate realm of cryptocurrency.

    4CHAN Crypto Features

    4CHAN Crypto presents several distinctive features within the cryptocurrency market. These include the ability to onboard new team members, facilitate social interactions, enable event sharing, and offer event moderation tools. The platform also incorporates whitepapers that delve into event sharing capabilities, event specifics, and details on exchanges and markets, enriching user understanding.

    The technical strengths of 4CHAN include a rapid and scalable platform, high transaction speeds, minimal block time latency, adaptable blockchain structures, and developer-centric features with robust support resources.

    Current price of 4CHAN Token

    The current price of the 4CHAN Token is $0,00000000000006661, representing a -96.50% decrease from its all-time high of $0.012338831 reached on July 21, 2023. 4CHAN holds the rank of #1990 in the cryptocurrency market cap.

    Despite fluctuations, the current price indicates a level of stability relative to its historical extremes.

    This pricing information is valuable for investors and stakeholders to gauge market sentiment and potential future trends. Monitoring the token’s price movements and market cap can offer insights into its performance and position in the cryptocurrency market.

    Advertisement

    What is the daily trading volume of 4Chan (4CHAN)

    The recent market trends for 4CHAN Token have led to a notable increase in the daily trading volume of 4Chan (4CHAN), which now stands at $314,870.21. This surge in trading activity represents a substantial growth compared to the previous day. The 38.70% increase in daily trading volume indicates a heightened interest and participation in the token within the market.

    Despite a 7-day price decline of -21.50%, the elevated trading volume suggests a potential shift in market sentiment towards 4CHAN. The token is listed on exchanges such as Uniswap V2, LBank, and DigiFinex, providing users with multiple platforms to actively trade 4CHAN. The current trading volume reflects a dynamic market environment for 4CHAN, offering traders opportunities to engage with its price movements.

    Monitoring the trading volume of 4CHAN can offer valuable insights into the token’s market dynamics and community interest as it continues to navigate the cryptocurrency landscape.

    What is the all-time high for 4Chan (4CHAN)

    The highest price ever reached by 4CHAN was $0,000000000001252 on Jul 21, 2023. Presently, the price is down by -96.50% from this peak but remains 1,422.70% above the lowest recorded value.

    Advertisement

    What is the all-time low for 4Chan (4CHAN)

    4Chan (4CHAN) experienced a significant drop to its lowest price on May 18, 2023. The token hit an all-time low of 0,000000000000005485 on that day.

    The data indicates a fluctuating journey for 4Chan (4CHAN), showcasing both highs and lows within a relatively short timeframe. Investors and enthusiasts closely monitor such movements to understand the token’s volatility and potential for future growth.

    Evaluating The Future Of 4CHAN Token:

    In comparison to its counterparts, the future prospects of 4Chan’s token depend on its ability to reverse the substantial price decline it has undergone and regain competitiveness within the cryptocurrency sphere.

    As 4Chan navigates through market obstacles, its focus on maintaining a positive price performance, boosting trading volume, and leveraging its unique characteristics could drive its future success. By capitalizing on its strengths and addressing weaknesses, 4Chan aims to position itself favorably within the competitive cryptocurrency market, attracting more participants to its ecosystem.

    Advertisement

    Should you invest in 4CHAN

    Before deciding to invest in 4CHAN, it’s important to carefully consider the potential risks and rewards associated with the token. Factors such as market volatility, technical advantages, and trading options should be taken into account to determine if 4CHAN aligns with your investment objectives.

    Conduct a thorough analysis of the token’s value and market dynamics to make an informed decision about investing in 4CHAN.

    Pros of investing in 4CHAN

    Investing in 4CHAN presents an opportunity that may appeal to investors due to its current low price and potential for gains. The token has shown a notable increase of 1,422.70% from its all-time low, indicating the possibility of significant returns.

    Furthermore, the token benefits from stable liquidity of 80.85 K on Uniswap v2, providing a reliable platform for trading. From a technical perspective, 4CHAN offers a fast and scalable platform with industry-leading transaction speeds and customizable blockchain infrastructures, making it an attractive option for investors seeking to diversify their portfolio with a promising token.

    Advertisement

    Cons of investing in 4CHAN

    Investing in 4CHAN presents significant risks due to its notable price volatility and the potential for substantial losses. The token has experienced drastic price swings, indicating a high level of risk and the possibility of significant financial downturns.

    Its relatively low liquidity and trading volume may pose challenges when buying and selling 4CHAN, affecting the ease of transactions. Its underperformance in the global market point to instability and a lack of demand for 4CHAN within the broader cryptocurrency landscape.

    The limited market activity and the narrow range of exchanges for 4CHAN could make executing trades and determining accurate prices more challenging. Concerns surrounding the token’s technical capabilities and security features also raise doubts about its underlying technology and potential vulnerabilities.

    Where can you buy 4Chan

    When considering the purchase of 4CHAN tokens, individuals can access them through various decentralized and centralized exchanges, such as Uniswap V2, LBank, and DigiFinex. These platforms facilitate the trading of 4CHAN tokens efficiently. To interact with 4CHAN further, users can integrate the token into their MetaMask wallet by importing it through the contract address or utilizing platforms like CoinGecko.

    Advertisement

    Frequently Asked Questions

    What Is 4CHAN in Crypto?

    4chan is a cryptocurrency project known for its significant volatility. Trading options, and rankings are subjects of interest for investors and analysts. Understanding the dynamics of 4chan can be beneficial for those navigating the crypto space, as it presents unique opportunities and risks.

    How Much Is 4CHAN Token Worth?

    The current value of 4chan token is $0,00000000000006661, with one active market listed. It includes features such as team member additions, social activity integration, event sharing, and moderation.

    How to Buy 4CHAN Coin?

    To purchase 4CHAN coin, you can engage in trading activities on established cryptocurrency exchanges such as Uniswap V2, LBank, or DigiFinex.

    Conclusion

    4chan Crypto has garnered attention within the cryptocurrency community due to its meme-based approach and unique tokenomics. Despite its appeal, the token has experienced significant price volatility, resulting in fluctuations that can present both risks and opportunities for investors.

    Advertisement

    The platform offers distinctive features such as social integration and event sharing, emphasizing community engagement and participation.

    While 4CHAN’s low price and substantial liquidity may suggest potential for significant gains, it’s crucial to approach this investment with caution. The high price volatility and relatively limited market activity make it imperative to conduct thorough research and maintain a vigilant stance.

    Investors should consider the token’s technical capabilities, security, and trading platforms when making investment decisions.

    The future success of 4CHAN depends on its ability to regain competitiveness and attract a broader audience. Ultimately, investors should weigh the pros and cons, closely monitor the token’s performance, and assess their risk tolerance before investing in 4CHAN.

    Advertisement

    Other cryptocurrencies to check:

    GROK Crypto, Everlodge crypto, TitanX Crypto, Digitoads crypto and Xen Crypto.

    Source link

    Continue Reading

    CryptoCurrency

    Binance Labs rebrands to YZi Labs with CZ at the helm

    Published

    on

    Binance Labs rebrands to YZi Labs with CZ at the helm

    Binance Labs, the venture capital arm and incubator of Binance Holdings, is getting a fresh start as Changpeng Zhao transitions it into a family office.

    On Jan. 23, Binance Labs announced its rebranding to YZi Labs and unveiled a new leadership team led by Binance founder and former CEO Changpeng Zhao, known also as CZ.

    According to the announcement, CZ will run YZi Labs alongside Ella Zhang, who co-founded Binance Labs in 2018. During her tenure at the VC platform, Zhang oversaw the incubation of multiple crypto projects that have grown into top ecosystems in the market, including Polygon, Injective, Dune Analytics, Certik, and SafePal.

    Advertisement

    Under its new family office initiative, YZi Labs will expand its focus beyond cryptocurrency and blockchain. The announcement highlighted new areas of investment, including artificial intelligence, web3 and biotechnology.

    “Rebranding to YZi Labs is more than a name change—it signifies an expanded vision as we broaden our horizons to include transformative sectors like AI and biotech,”  CZ said.

    Zhao stepped down as Binance CEO in 2023 after reaching a settlement with U.S. authorities. He also served a four-month prison sentence in the U.S. before returning to the industry following his release from a correctional facility in California on Sept. 27, 2024.

    Binance’s decision to sever ties with its VC arm began taking shape after CZ’s release. In a post on X following his incarceration, Zhao stated that he would focus on “impact” investments rather than financial returns. He also announced plans for an educational project called Giggle Academy.

    With YZi Labs, CZ plans to refine the venture capital unit’s incubation program, which will include reintroducing residency initiatives for project founders. The firm will also continue to support its existing portfolio of 250 projects.

    Advertisement

    Source link

    Continue Reading

    CryptoCurrency

    BTC Faces Massive Volatility Above $100K as Liquidations Surge to $300M

    Published

    on

    BTC Faces Massive Volatility Above $100K as Liquidations Surge to $300M

    Bitcoin’s price actions were somewhat dull for most of the day, but the asset went on a wild rollercoaster in the past hour or so, pumping and dumping by several grand.

    This has caused a lot of pain for over-leveraged traders, with more than 120,000 such market participants getting wrecked in the past 24 hours.

    BTCUSD. Source: TradingView
    BTCUSD. Source: TradingView

    As reported earlier today, the primary cryptocurrency had started to lose traction following the Monday drop, subsequent all-time high, and yet another decline, and stood at $102,000. Its value decreased a bit more as the day progressed and slipped to $101,200.

    It recovered some ground to $102,000 but then exploded out of the blue to $106,000 within minutes. This somewhat surprising rally was met by a steep rejection that pushed it south to $102,500 before the bulls sent it to $104,000 as of now.

    Perhaps the most evident reason behind this substantial volatility is a cryptic couple of tweets by US Senator from Wyoming – Cynthia Lummis. The long-term BTC supporter, who has actively been pushing for a Bitcoin reserve in the US, used the asset’s logo to say, “₿ig things are coming” at 10 AM (probably EST).

    Advertisement

    Although that time has passed and there’s no big announcement yet, her comments were seen by almost 4 million people in an hour, which could explain the hype around BTC.

    Fox Business’ Eleanor Terrett picked up the post and said that Lummis is likely to be voted in to become the chair of the digital asset subcommittee.

    Data from CoinGlass shows that the total value of liquidations is up to $300 million on a daily scale, with 124,000 traders wrecked within the same timeframe. The biggest liquidated position took place on OKX and was worth almost $6 million.

    Liquidation Heat Map. Source: CoinGlass
    Liquidation Heat Map. Source: CoinGlass
    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

    Advertisement

    Source link

    Continue Reading

    CryptoCurrency

    Best Crypto Presales to Buy Now for 100x — Larry Fink’s $700K Bitcoin Prediction

    Published

    on

    Best Presales to Reach 100x Next as Larry Fink Believes Bitcoin Could Shoot to $700K

    BlackRock, one of the biggest investment companies in the world, has given crypto enthusiasts a new reason to be excited. Its CEO, Larry Fink, has said that Bitcoin can be expected to make huge price moves, potentially reaching the $700K mark soon.

    The BlackRock CEO explained how political and economic instability is acting as a catalyst for Bitcoin, which serves as an internationally recognized currency free from any local fears. What’s more, Bitcoin is still holding steady above $104K, with a 12% uptick in the last month.

    With all the signs looking positive for BTC, and keeping in mind that the overall crypto market follows Bitcoin’s footprints, now is one of the best times to be a crypto investor. To help you out, here are 5 crypto presales that can offer up to a 100x return.

    1. Wall Street Pepe ($WEPE) – Overall Best Crypto Presale for First-Time Investors

    Wall Street Pepe ($WEPE) has undoubtedly been one of the best crypto presale performances to date. Launched just over a month ago, $WEPE’s presale has already raised over $57.5M, with both retailers and whales gobbling it up at a breakneck pace.

    Advertisement

    The presale ends in 24 days, so this could be your last chance to grab one of the best meme coins.

    Wall Street Pepe ($WEPE)

    What makes Wall Street Pepe stand out is its personal vendetta against crypto whales, who have been abusing insider information to manipulate the crypto market and feast on innocent retailers.

    The project aims to eliminate this lopsidedness by creating a frog army of retail investors and providing them with unique market insights, trading strategies, and real-time alpha calls.

    If you, too, want to beat the market and become a profitable crypto investor, join the $WEPE army for just $0.0003665 per token. For more, here’s how to buy $WEPE.

    Advertisement

    2. Solaxy ($SOLX) – World’s First-Ever Layer 2 Solana Ecosystem

    Solaxy ($SOLX) has been created to unlock the full potential of Solana, which currently struggles with issues like network congestion, failed transactions, and limited scalability. Solaxy has set aside a healthy 30% of its total token supply to resolve these issues.

    Solaxy ($SOLX)

    After raising $350K in the first 24 hours, the $SOLX presale is still going strong, with the total presale purse reaching over $13M. Don’t miss out on one of the next 100x meme coins, and get some for only $0.001612 each. Here’s a guide on how to buy $SOLX.

    3. Mind of Pepe ($MIND) – AI Agent Offering Crypto Investment Advice

    MIND of Pepe ($MIND) is a self-sovereign AI agent with the ability to adapt and form his own opinions, as well as drive conversations and trends on dApps and online platforms such as X.

    Mind of Pepe ($MIND)

    $MIND uses hive-mind analysis to identify market trends before anybody else. He’ll then share his insights and access to new investment opportunities on his X and Telegram channels, giving token holders a real edge in the market.

    Advertisement

    You can grab the best AI agent coin for just $0.0031762 if you get in now — here’s how to buy $MIND. Prices increase in the next 11 hours, so interested investors should hurry up.

    4. Rexas Finance ($RXS) – Transforming Real-World Asset Tokenization

    $RXS is the native currency of Rexas Finance, an interesting crypto project that’s tokenizing real-world assets, such as real estate, gold, art, and commodities. The biggest benefit of this platform is that it simplifies investments.

    Investing in gold and other precious metals, for instance, will no longer be difficult and will involve just a few clicks.

    Rexas Finance (RXS)

    Plus, token holders will get to participate in fractional ownership. For example, let’s say there’s a massive mansion spread across multiple acres of land, and you don’t have enough funds to buy it all by yourself.

    Advertisement

    In that case, you can use Rexas to own a fraction of the property for a fraction of the price. Speaking of $RXS’s presale, it’s coming to an end, meaning prices aren’t as low as they were, say, a couple of months ago.

    However, they’re still the lowest you’ll ever get them for. Each token is priced at $0.200, with the total presale funding at $43M so far. Out of the 500,000,000 total token supply, 434,925,318 have already been sold.

    5. LuckHunter ($LHUNT) – Online Casino Where You Can Create a Custom Metaverse

    $LHUNT is the official token of the LuckHunter online casino. The platform itself is like any other: you can play casino games, bet, and win. However, what makes it unique is it lets you create a metaverse of your own digital casinos that you can rent.

    LuckHunter ($LHUNT)

    These casinos will be based in different cities, Las Vexus and Utlantic City (modeled after the real Las Vegas and Atlantic City), and you can lease the tables at your virtual casino for short-term or long-term profits.

    Advertisement

    You can also customize the tables and ambiance and create your own gaming rules. What’s more, you can even host VIP events involving high-stakes games and special tournaments to earn luxurious rewards.

    1 $LHUNT is currently available for $0.00138, but the price will increase by 10.5% as it enters the next stage of presale in just a couple of hours from now.

    Having already raised $1.1M in its ongoing presale, $LHUNT’s official website mentions that its potential listing price will be $0.005, which is more than 260% of the current price.

    Bottom Line

    While there’s little doubt that the above-mentioned crypto presales can go to the moon in 2025, it’s important to mix caution with chaos and only invest an amount you’re comfortable losing. There will be ups and downs, so make sure you do enough cardio to prepare your heart!

    Advertisement

    Also, none of the above is financial advice, and we highly recommend doing your own research (DYOR) before investing.

    Source link

    Advertisement
    Continue Reading

    CryptoCurrency

    A Game-Changer for Modern Financial Advising

    Published

    on

    Coin stacks

    In today’s issue, Alec Beckman from Advantage Blockchain explains stablecoins and their growing use cases for institutions and advisors.

    Then, CK Zheng from ZX Squared Capital shares tips on preparing for tax season in Ask and Expert.

    Sarah Morton

    Advertisement

    You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.


    Stablecoin Use Case for Advisors

    One of the primary hurdles for blockchain adoption to date has been utility, especially when looking through the lens of financial advisors and how these public blockchains and decentralized finance (DeFi) protocols can impact their clients.

    Stablecoins – digital currencies pegged to stable assets like the U.S. dollar – have emerged as a powerful tool for modernizing savings, payments, and settlement processes. These innovations present a significant opportunity for advisors to enhance the value they offer to clients while staying ahead of market trends.

    How can advisors leverage stablecoins to streamline operations, reduce costs, and provide cutting-edge financial solutions? Here’s how stablecoins can become a transformative tool for your clients:

    Advertisement

    Savings account / going bankless

    • Financial Inclusion: Stablecoins provide a way for clients to store value outside of traditional banking systems, granting access to financial services for the unbanked or underbanked. Anyone with an internet connection can use stablecoins.
    • Stability: Unlike volatile cryptocurrencies, full-reserve, dollar-backed stablecoins maintain a consistent value (ex. USDC is tied to the value of $1).
    • Liquidity & Accessibility: Funds in stablecoins are globally accessible 24/7, offering liquidity without dependence on conventional banking hours.
    • Better Yield: Using on-chain finance, stablecoins can generate significantly more yield than a savings account (Ex. Coinbase offers slightly over 4% APY, beating traditional savings accounts).
    • Self Custody: Many people, including myself, have been held up by a third-party custodian or bank. If someone can keep you from spending/sending money, it is not your money. The ability to self custody your own assets provides a more seamless way of transacting your own funds.

    Payments

    • Efficiency: Transactions using stablecoins are fast and cost-effective with no global restrictions, relevant for those sending payments domestically or cross-border.
    • Value Retention: The stability of these digital assets ensures that the amount sent is equal to the amount received.
    • Adoption by Institutions: Financial institutions are recognizing stablecoins as a complementary payment system, signaling growing mainstream acceptance.
    • Adoption by Commerce: Stablecoins are less costly and more efficient than credit card payments for merchants.

    Settlement

    • Instantaneous Transactions: Settlements via stablecoins are near instantaneous, improving liquidity and reducing counterparty risks for clients managing high-value transactions.
    • Lower Costs: By eliminating traditional clearing and settlement processes, stablecoins significantly reduce fees.
    • Global Versatility: Whether your clients are trading internationally or managing investments across borders, stablecoins streamline and simplify the settlement process.

    Real-world application: SpaceX’s strategic use of stablecoins

    SpaceX uses stablecoins to manage foreign exchange (FX) risks from its global Starlink operations. SpaceX shields itself from FX volatility by collecting payments in various currencies and converting them into stablecoins. The stablecoins, pegged to the U.S. dollar, provide a stable intermediary before being converted back to dollars.

    This approach offers several advantages:

    • Reduced Currency Risk
    • Enhanced Efficiency
    • Liquidity Preservation

    This strategy demonstrates how stablecoins can be a powerful tool for multinational corporations and can be applied to managing client portfolios.

    Why This Matters to You and Your Clients For financial advisors, stablecoins can elevate portfolios and modernize financial strategies. These assets aren’t just a novelty – they’re a bridge to a more inclusive, efficient, and adaptable financial future. By integrating stablecoins into conversations about savings, payments, or settlements, you position yourself as a forward-thinking advisor prepared to navigate these changes.

    Alec Beckman, president, Advantage Blockchain


    Ask an Expert

    Q: What’s the 101 on stablecoins and liquidity?

    Advertisement

    The stablecoin market cap has reached a record $215 billion, predominantly concentrated in the two coins Tether and USDC, having a combined 85% of the market cap. The liquidity of the stablecoin market stays healthy as more stablecoin issuers such as Visa, Stripe, and PayPal enter this unique digital asset sub-class. Given the new Trump administration’s pro-crypto attitude, we expect more crypto-friendly rules and regulations for this asset in the coming months, which will support the further growth of the stablecoin market.

    Q: Are stablecoins risky compared to traditional finance (TradFi)?

    Stablecoins are typically designed to stay pegged to the U.S. dollar (though they don’t need to be). The functionality of stablecoins in the crypto market is comparable to money market funds in the traditional financial market. The money market funds have reached a $10 trillion market cap, which serves the purpose of short-term investment and a place to park money. Stablecoins will serve a similar purpose in the digital asset space. The quality and liquidity of the issuer’s holdings of fiat-denominated short-term assets are some of the critical risks associated with stablecoins, especially when the financial market is under great stress.

    Q: Do country borders matter when it comes to stablecoins?

    Advertisement

    Country borders matter greatly as different countries may have different rules, regulations and license requirements for the stablecoin market. One of the key regulatory requirements associated with stablecoins is around the stability, liquidity, disclosure and transparency of the short-term assets the issuers hold for the underlying stablecoins.

    CK Zheng, co-founder & CIO, ZX Squared Capital


    Keep Reading

    Source link

    Advertisement
    Continue Reading

    CryptoCurrency

    Bitcoin Deep Dive Data Analysis & On-Chain Roundup

    Published

    on

    Bitcoin Deep Dive Data Analysis & On-Chain Roundup

    Bitcoin appears poised for significant upside movement following a strong start to 2025. However, questions remain about the market’s overall health and whether the current bullish momentum can be sustained over the coming weeks and months. Here, we’ll take an unbiased and data-driven look into the underlying numbers supporting our current trend.

    For a more in-depth look into this topic, check out a recent YouTube video here: Bitcoin Data Driven Analysis & On-Chain Roundup

    Miner Recovery

    The Puell Multiple, a measure comparing miners’ daily USD revenue to its yearly average, suggests that Bitcoin’s fundamental network strength remains strong. Historically, after a halving event, miner revenue experiences a significant dip due to the 50% block reward reduction. However, the Puell Multiple recently climbed above the key value of 1, indicating a recovery and a potentially bullish phase.

    Figure 1: Puell Multiple is at comparable levels to previous cycles just prior to rapid price increases.

    View Live Chart 🔍

    Previous cycles show that crossing and retesting the value of 1 often precedes major price rallies. This pattern is repeating, signaling strong market support from mining activity.

    Advertisement

    Substantial Upside Potential

    The MVRV Z-Score, a metric analyzing Bitcoin’s market value relative to its realized value, or average accumulation price for all BTC, suggests current values remain well below historical peak regions, outlining considerable room for growth.

    Figure 2: MVRV Z-Score signifies significant remaining upside potential.

    View Live Chart 🔍

    A two-year rolling version of the MVRV Z-Score, which adjusts for evolving market dynamics, also shows bullish potential. Even by this adjusted measure, Bitcoin is far from previous cycle peak levels, leaving the door open for further price appreciation.

    Figure 3: MVRV Z-Score 2YR shows a similar perspective to the standard data.

    View Live Chart 🔍

    Related: We’re Repeating The 2017 Bitcoin Bull Cycle

    Sustainable Sentiment

    The Bitcoin Fear and Greed Index is currently at a healthy and sustainable amount of Greedy sentiment, indicating greedy but sustainable sentiment. Historical data from the 2020-2021 bull cycle shows that greed levels around 80-90 can persist for months, supporting prolonged bullish momentum. Only when values approach extreme levels (95+) does the market typically face significant corrections.

    Advertisement

    Figure 4: Fear & Greed shows sustainably bullish sentiment.

    View Live Chart 🔍

    Network Activity

    The Active Address Sentiment Indicator reveals a slight dip in network activity, suggesting retail investors have yet to fully re-enter the market. However, this could be a positive sign, indicating untapped retail demand that might fuel the next leg of the rally.

    Figure 5: Active Address Sentiment shows we’re potentially short-term overbought.

    View Live Chart 🔍

    Risk Appetite Shifts

    Traditional market sentiment is showing improving signals. High Yield Credit appetite is increasing as the macro-economic environment shifts to a more risk-on outlook. Looking at corporate bonds that offer higher interest rates due to their lower credit ratings compared to investment-grade bonds. Historically, there has been a strong correlation between Bitcoin’s performance and periods of heightened global risk appetite, which have often aligned with bullish phases in Bitcoin’s price.

    Figure 6: The High Yield Credit cycle is shifting to a more risk-on sentiment.

    View Live Chart 🔍

    Related: What Bitcoin Price History Predicts for February 2025

    Conclusion

    Bitcoin’s on-chain metrics, market sentiment, and macro perspective all point to a continuation of the current bull market. While short-term volatility is always possible, the convergence of these indicators suggests that Bitcoin is well-positioned to reach and potentially surpass our current all-time high in the near future.

    Advertisement

    For more detailed Bitcoin analysis and to access advanced features like live charts, personalized indicator alerts, and in-depth industry reports, check out Bitcoin Magazine Pro.

    Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.

    Source link

    Advertisement
    Continue Reading

    CryptoCurrency

    Bitcoin Could Hit $250k, Price Projections for Ethereum, Lightchain AI and Solana

    Published

    on

    Bitcoin Could Hit $250k, Price Projections for Ethereum, Lightchain AI and Solana

    With Bitcoin projected to hit $250K, the crypto market is abuzz with price predictions for leading projects like Ethereum, Solana, and Lightchain AI.

    While Ethereum and Solana remain strong contenders, Lightchain AI is gaining traction as a revolutionary blockchain project integrating artificial intelligence. Currently in its presale phase at $0.005625 per token, Lightchain AI has already raised $12.7 million, reflecting strong investor confidence.

    Its innovative approach positions it alongside major players, offering the potential for substantial growth in the rapidly evolving cryptocurrency landscape.

    Bitcoin’s Path to $250k and Its Impact on Crypto Market

    Bitcoin’s trajectory toward $250,000 is supported by several key factors. Fundstrat’s Tom Lee suggests that Bitcoin could reach $250,000 in 2025, attributing this potential surge to the cryptocurrency’s cyclical price patterns and the anticipated supply shock from the 2024 halving event.

    Advertisement

    Additionally, the pro-crypto stance of the incoming U.S. administration under President-elect Donald Trump is expected to foster a favorable regulatory environment, further boosting investor confidence. However, it’s important to note that the cryptocurrency market remains volatile, and while these factors contribute to a bullish outlook, investors should exercise caution and conduct thorough research before making investment decisions.

    Price Projections for Ethereum, Solana, and Other Key Players

    Ethereum (ETH) is currently trading at $3,218.67. Analysts suggest that if current demand and supply dynamics persist, ETH could surpass $5,000 in 2025. However, internal challenges within the Ethereum Foundation may impact investor confidence and price performance.

    Solana (SOL) is priced at $251.28. Projections for 2025 vary, with some analysts forecasting a rise to $500, while others anticipate a more conservative estimate of around $257.33. Factors influencing SOL’s price include technological advancements and potential regulatory changes.

    It’s important to note that the cryptocurrency market is highly volatile, and these projections are speculative. Investors should conduct thorough research and consider multiple perspectives before making investment decisions.

    Advertisement

    Why Lightchain AI Stands Out Among 2025’s Top Price Predictions

    Lightchain AI stands out among 2025’s top price predictions due to its strategic roadmap and focus on delivering real-world value. The roadmap highlights steady growth, beginning with the prototype development phase (November 2024) and progressing to the testnet rollout (January 2025) for real-world testing. The mainnet launch in March 2025 activates decentralized functionality, followed by ecosystem growth and global adoption later in the year.

    Its low-latency infrastructure ensures efficient, real-time processing, making it ideal for demanding applications. To address scalability and resource constraints, Lightchain AI employs sharding and dynamic resource allocation, ensuring consistent performance under heavy workloads. This combination of innovation and sustainability positions it as a standout project for long-term success.

    Invest today in Lightchain AI’s presale and join the journey toward a more efficient and scalable blockchain ecosystem. As always, remember to conduct thorough research before making investment decisions.  Let’s see where the future of cryptocurrency takes us!

    https://lightchain.ai

    Advertisement

    https://lightchain.ai/lightchain-whitepaper.pdf

    https://x.com/LightchainAI

    https://t.me/LightchainProtocol

    Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

    Advertisement

    Source link

    Continue Reading

    CryptoCurrency

    BTC price whipsaws to $106K as US strategic reserve rumors return

    Published

    on

    BTC price volatility returns with a vengeance as US Senator Cynthia Lummis leaks a cryptic 10am announcement.

    Source link

    Continue Reading

    CryptoCurrency

    Britain to face ‘more frequent’ downturns in blow to economy, analysts warn

    Published

    on

    Britain to face 'more frequent' downturns in blow to economy, analysts warn

    Britain is projected to face more frequent technical recessions in the coming years as the economy’s growth potential has significantly slowed, new analysis from Bloomberg Economics has revealed.

    The study suggests the UK’s reduced economic capacity has made it more vulnerable to growth shocks, painting a concerning picture for the nation’s financial future.


    A recession is defined as happening when a nation’s economy experiences two consecutive quarters of negative gross domestic product (GDP) growth.

    While these more frequent downturns may not necessarily lead to major job losses, they represent a significant challenge for both Government and Bank of England policymakers.

    Advertisement

    The analysis reveals a dramatic decline in Britain’s trend growth rate – the sustainable pace at which the economy can expand without triggering inflation

    Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.

    London skyline and graph

    Analysts are warning the UK faces multiple recessions

    Advertisement

    GETTY

    From 1955 to 2009, the UK’s trend growth rate averaged 2.5 per cent annually but this has now halved to just 1.2 per cent for the years ahead.

    Bloomberg Economics identified 15 episodes since 1955 when the economy experienced shocks substantial enough to trigger a technical recession, based on current trend growth rates.

    The frequency of these downturns is expected to increase significantly, with recessions potentially occurring every five years and marks a concerning shift from the historical pattern, where recessions typically happened once every eight years.

    Advertisement

    Bloomberg Economics’ chief UK economist Dan Hanson said: “There are good reasons to think technical recessions will be more frequent in coming years than in the past.

    Bank of England economy crashExperts are warning the UK economy could take a hit GETTY

    “The UK’s trend rate of growth has fallen, meaning the shocks that would previously have prompted growth just to slow, are now enough to generate a fall in output.”

    However, Hanson offered some reassurance, noting that these more frequent technical recessions are unlikely to result in major economic downturns accompanied by surging unemployment.

    The UK economy has already shown signs of this increased vulnerability to downturns, having experienced a mild recession in the latter half of 2023.

    This downturn was primarily driven by the combined pressures of inflation and higher interest rate with more recent data showing the economy continued to struggle, as GDP showed no growth in the third quarter of 2024.

    Advertisement

    The Bank of England’s outlook remains cautious, with expectations of zero growth for the fourth quarter of 2024 as well. While some improvement is anticipated for 2025, growth is expected to remain significantly below pre-financial crisis levels.

    These recent economic indicators appear to support Bloomberg Economics’ analysis of a more fragile British economy, increasingly susceptible to periods of negative growth.

    LATEST DEVELOPMENTS:

    Prime Minister Keir Starmer

    Starmer has promised to grow the UK economy

    Advertisement

    KEIR STARMER

    Labour’s Chancellor Rachel Reeves has emphasised her commitment to addressing these economic challenges. Speaking at Davos on Wednesday, Reeves highlighted the need to “turbocharge the economy” in an interview with Bloomberg News Editor-in-Chief John Micklethwait.

    She specifically pointed to the importance of infrastructure projects and planning decisions, arguing that Britain needs to change its approach.

    “That’s been the problem in Britain for a long time,” Reeves said. “That when there was a choice between something that would grow the economy and sort of anything else, anything else always won.”

    The Chancellor also stressed that the “answer can’t always be no” when it comes to major infrastructure projects. This comes as Prime Minister Keir Starmer’s Labour Government, which took power last July, faces pressure over a sharp economic slowdown during their tenure.

    Advertisement

    Source link

    Continue Reading

    CryptoCurrency

    Ethereum, Solana, XRP, and Rollblock compete to dominate in 2025

    Published

    on

    DeFi ecosystem for BTC, says Hoskinson; Rollblock early backers to take advantage

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    Rollblock, with its GambleFi solutions, may outshine Ethereum, Solana, and XRP in the race to dominate crypto in 2025.

    Advertisement

    Things are heating up in the crypto arena, with top tokens rushing to amazing returns. Ethereum is still the second-placed token, but it is losing the market cap race to XRP and the growth rate to Solana. However, Ethereum is still a massive DeFi token and, therefore, cannot be overlooked. However, for great gains, it would be foolish to overlook the smaller tokens appearing in the crypto arena. These tokens may be giant killers, none more so than the new crypto casino Rollblock.

    Rollblock: Innovating DeFi with GambleFi

    Rollblock is carving out a unique niche in the crypto arena by merging decentralized finance (DeFi) with the rapidly growing online gambling sector. It’s a marriage made in heaven, as Rollblock already promises massive wealth created through a weekly dividend from the income generated by its online casino to its token holders.

    But now Rollblock is adding a DeFi element, too. RBLK tokens can be staked for APY rates unmatched by anything in the TradFi sector, making Rollblock a surefire winner.

    Ethereum: Strong on DeFi, but struggles to hold place

    Looking at the Ethereum market cap’s size, it would seem foolish to see it as an underperforming token. Ethereum’s DeFi holdings alone are 6x that of Solana’s. But Ethereum is struggling. Its growth rate is far lower than that of Solana’s and XRPs, and XRP is already creeping up on Ethereum’s market cap. And if Solana continues to do what it is doing, Ethereum can expect to drop not just one spot on the market cap rankings but even two. 

    Advertisement

    Solana: Securing a top-5 spot in the crypto arena

    Solana has flipped BNB again to now occupy the number 5 spot. If not for XRP’s incredible gains, it would be at number 4, breathing down the neck of Tether. Solana’s slow-but-steady market cap growth is an existential threat to Ethereum. Solana, after all, is a direct competitor to Ethereum but is much faster and cheaper to operate. Over the last 4 years, Solana has outpaced Ethereum in year-on-year growth, with the mathematical inevitability that Solana will replace Ethereum at the number two spot behind Bitcoin. Solana is a strong DeFi player, too, sitting number two behind Ethereum. 

    XRP: Punching above its weight

    As little as three months ago, XRP struggled to be in the top ten tokens by market cap. Now, it is at number three, threatening to take Ethereum’s coveted number 2 spot. The good news for Ethereum is that XRP is less than half the market cap of ETH. XRP’s market cap must double to take the crown from Ethereum. Considering how well XRP has done to date, doubling again is a tall order. But XRP’s global mass adoption is imminent, which may give it enough clout to get it past the $400 billion market cap mark. 

    Conclusion

    The stiff competition at the head of the crypto arena is great news for crypto, as it gives legitimacy to the assets. Any of the tokens discussed here will make a valuable addition to a crypto portfolio, and as DeFi markets and crypto adoption grow, so will these tokens. It is Rollblock, however, that promises to deliver the greatest returns of any of the tokens currently in the crypto arena. Rollblock is now available at $0.046.

    To learn more about Rollblock, visit the website and socials.

    Advertisement

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

    Advertisement

    Source link

    Continue Reading

    Trending

    Copyright © 2025 WordupNews