According to Blockworks, the latest episode of the Empire podcast featured intriguing predictions from ParaFi regarding the future of tokenized real-world assets (RWAs) and stablecoins. ParaFi anticipates that RWAs will surpass the overall value of digital assets, excluding stablecoins. Currently, the total value of RWAs has reached nearly $13.5 billion, while the total crypto market cap stands at approximately $3.4 trillion. Despite RWAs not yet overtaking cryptocurrencies, their value has surged by over 50% in the past year alone. The financial sector is seen as outdated, lacking an 'Amazon experience' for finance, according to ParaFi's Ben Forman. The tokenization of assets on a blockchain allows for programming logic into the assets themselves, reducing the need for intermediaries such as lawyers and trustees. This innovation opens up numerous possibilities for AI agent use cases, including enabling micropayments. Currently, tokenized treasuries dominate the space, comprising 62% of the market. However, stablecoins are also a crucial part of the discussion. When combined with RWAs, the market cap reaches nearly $200 billion. ParaFi predicts that by 2030, stablecoin supply could account for 10% of the M2 money supply in the US, a significant increase from the current 1%. ParaFi's optimism is based on three factors: the evolution of stablecoins as a new form of global payment rails, the potential for fintech companies to integrate stablecoins due to their lack of legacy system constraints, and the emergence of new business models involving yield-bearing reserves to back stablecoins, as noted by ParaFi's Kevin Yedid-Botton. A recent Delphi Digital report highlighted that weekly stablecoin transfer volume has reached $302 billion, marking a 235% increase year-to-date. The report emphasized that stablecoins have found a product-market fit, facilitating a more global digital economy. These predictions underscore the potential for significant growth in both RWAs and stablecoins by 2030.

XT Exchange released an announcement that the withdrawal service will be resumed soon. After the abnormal asset transfer incident occurred, the platform risk control department quickly discovered the problem through the real-time monitoring mechanism. The global technical team intervened at the first time and collaborated with the security team to quickly locate the root cause of the problem. In order to protect the safety of user assets, the technical team is further inspecting and repairing potential risks and vulnerabilities to ensure the stability and security of subsequent withdrawal services. During the suspension of withdrawals, the security and integrity of all users' assets will not be affected in any way. Strict security measures have been taken to ensure that user assets are in an absolutely safe environment. According to the current inspection and repair progress, it is expected that the withdrawal service of some currencies will be gradually resumed at 08:00 (UTC+8) on November 29, 2024, and the withdrawal service of most currencies will be fully resumed within 24 hours. The latest developments of this incident will be updated in a timely manner through official channels.

تستعد موسكو لاستضافة النسخة 14 من منتدى Blockchain 2025، الحدث الأبرز لعالم العملات المشفرة والبلوكشين. بعد سلسلة من النجاحات الباهرة التي حققها المنتدى في دبي، ينتقل الآن إلى قلب منطقة رابطة الدول المستقلة (CIS)، ليجمع نجوم الصناعة والمجتمع الدولي تحت سقف واحد. حدث عالمي يجمع أكثر من 15,000 مشارك: من المتوقع أن يستقطب المنتدى أكثر … The post منتدى البلوكشين (Blockchain Forum) في موسكو: حدث... source: https://arab-btc.net/blockchain-forum-in-moscow/

The most important thing is not an excellent team or a solid product, but the market and PMF.

MetaMask co-founder Dan Finlay’s memecoin experiment highlights Web3’s struggles with consent, trust and investor expectations. source: https://cointelegraph.com/news/dan-finlay-memecoins-consent-trust-web3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A well-known crypto analyst, celebrated for his accurate predictions, believes Bitcoin has not yet entered its most explosive market phase. The post Analyst Forecasts Bitcoin to Break $110K as Market Cycle Heats Up appeared first on Cryptodnes. source: https://cryptodnes.bg/en/analyst-forecasts-bitcoin-to-break-110k-as-market-cycle-heats-up/

Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform that considering the growth rate, Bitcoin dominance is unlikely to decline soon. During the period when BTC's market value increased by 37%, large-cap stocks rose by 16%, while mid-cap and small-cap stocks rose by 10%. The only time that small and medium-sized cryptocurrencies outperformed BTC's market value growth was during the Memecoin season in April.

According to ShibDaily, former U.S. Securities and Exchange Commission (SEC) Commissioner Paul Atkins is reportedly the leading candidate to head the SEC under President-elect Donald Trump's administration. This development suggests a possible change in the direction of U.S. financial regulation. Bloomberg reported that Atkins was interviewed by Trump's transition team as a potential nominee for the position. With extensive experience at the SEC, having served as a commissioner and staffer under previous SEC Chairs Richard Breeden and Arthur Levitt, Atkins is seen as a highly qualified candidate for the role of SEC Chairman. Atkins is known for his pro-innovation stance and significant expertise in the cryptocurrency sector. Fox Business Journalist Eleanor Terrett noted that Atkins could potentially "restore the agency to the so-called 'gold standard.'" His possible appointment comes amid speculation that the Trump administration might transfer the regulatory oversight of cryptocurrencies from the SEC to the Commodity Futures Trading Commission (CFTC). The SEC has previously claimed broad authority over the cryptocurrency market, often classifying tokens as securities based on the Howey Test. This classification has led to numerous enforcement actions and created considerable regulatory uncertainty within the industry. Many cryptocurrency companies have faced scrutiny and legal challenges due to these rulings, prompting the market to seek clearer guidelines. Under Atkins' leadership, the SEC could potentially adopt a more balanced approach to cryptocurrency regulation, marking a significant shift in U.S. policy. Current SEC Chairman Gary Gensler is expected to step down in January 2025, following Trump's pledge to remove him from office on his first day. During his tenure, Gensler emphasized several key initiatives, including reforms to Treasury markets, updates to equity market regulations, and enhancements to corporate governance standards. This article is intended for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

Ripple burned 46.67 million RLUSD tokens, sparking speculation about its stablecoin ambitions while regulatory hurdles remain a challenge. source: https://dailycoin.com/ripples-rlusd-burn-and-what-it-means-for-the-stablecoin/?utm_source=cryptopanic&utm_medium=rss

Former U.S. Securities and Exchange Commission (SEC) Commissioner Paul Atkins is reportedly the top contender to lead the SEC under President-elect Donald Trump’s upcoming administration, signaling a potential shift in the direction of U.S. financial regulation. According to a Bloomberg report, Atkins had been interviewed by members of Trump’s transition team as a likely candidate for the... source: https://news.shib.io/2024/11/28/paul-atkins-emerges-as-trump-team-top-pick-for-sec-chair/?utm_source=rss&utm_medium=rss&utm_campaign=paul-atkins-emerges-as-trump-team-top-pick-for-sec-chair

a16z co-founder Marc Andreessen revealed on the Joe Rogan show that at least 30 technology founders have had their services terminated by banks because of their involvement in digital currencies. Gemini co-founder Tyler Winklevoss said the number could be far more than 30, with a16z portfolio companies alone. Custodia Bank founder Caitlin Long also revealed that her company has also been "disconnected" many times and is currently suing the Federal Reserve, with oral arguments scheduled for January 21, 2025. Kraken founder Jesse Powell said his company had been unable to obtain banking services in the United States for many years and had to turn to the European market. Founders Fund partner Joey Krug said he was harassed by banks just for buying Bitcoin on Coinbase. (News.bitcoin)

Argentina, Cryptocurrency, Argentina's Crypto Road: Crecimiento Movement and the Light of Change Golden Finance, Argentina needs blockchain as much as blockchain needs Argentina.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

What does it mean that Catalyst has announced that it will be the only bridge between altVMs?

There is still half a month of preparation time before the opening of Epoch Two.

Recommended readings for today's evening: 1. Analysis of Clanker ignites a new narrative of AI Agents in the Base ecosystem; 2. How is the AI ​​data labeling track that Zhao Changpeng called for developing now? ; 3. Who is Paul Atkins, the popular candidate for SEC chairman? ;

BASE, Delphi Digital: Base development status and Base chain ecology and use cases Golden Finance, in-depth discussion of Base's recent development

Wall Street, altcoins, cryptocurrency, Wall Street institutions have set their sights on the altcoin market. Golden Finance, Bitcoin has pulled back, and altcoin ETFs have soared.

AI Agent, BASE, Golden Observation | Analyzing Clanker to Ignite a New Narrative of AI Agents in the Base Ecosystem Golden Finance, How Smart Are AI Agents in Issuing Meme Coins?

Vancouver is exploring using Bitcoin in its financial reserves to protect against economic instability and inflation. The city aims to position itself as a hub for digital asset businesses and attract tech talent.