Both crypto critics and advocates agreed on something this week — the launch of Donald Trump's crypto project does more harm than good. source: https://www.theblock.co/post/317198/donald-trump-backed-world-liberty-financial-project-draws-skepticism-from-crypto-advocates-and-critics-alike?utm_source=rss&utm_medium=rss

Hougan describes Ethereum as "the Microsoft of blockchains." source: https://dailycoin.com/why-fading-ethereum-will-end-up-looking-silly-according-to-bitwise-cio/?utm_source=cryptopanic&utm_medium=rss

According to Cointelegraph, Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients could be the transformative application for cryptocurrencies. This technology significantly reduces costs and settlement times, making it increasingly challenging for traditional financial institutions to overlook its benefits. Butler emphasized that this technology is a substantial disruptor for the global financial system. He highlighted the capital efficiencies and business opportunities available to financial institutions that embrace tokenized assets. The cost-cutting advantages enable financial firms to explore new business models that were previously unfeasible due to competitive markets and slim margins. For instance, fund managers, who often report very small margins for their administration business, could benefit from a significant reduction in costs. Butler stated that tokenized assets offer a superior form of collateral for the global financial system, encompassing foreign exchange trades, options, stocks, and bonds. He believes this could be the defining application for crypto, addressing a much larger market than any other current crypto solutions. Butler also noted that financial firms, ranging from small institutions to international clearing houses, would benefit from the reduced costs and settlement times introduced by tokenized assets such as bonds, U.S. Treasury bills, and stablecoins. The Polygon executive previously mentioned that real-world assets represent a $30 trillion opportunity for investors as these assets move onchain. Cointelegraph Research projects that investment in tokenized U.S. Treasury bills alone could exceed $3 billion by the end of 2024. However, not everyone shares Butler's optimistic outlook. Real Vision chief crypto analyst Jamie Coutts estimates that the market for real-world tokenized assets will reach closer to $1.3 trillion by 2030. Despite this more conservative figure, Coutts acknowledged that the real-world asset market would still significantly impact digital asset markets by injecting fresh capital.

Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil. In a new blog post, the payments platform says that it will now be offering local bank transfers via PIX and SPEI – the respective national real-time payment systems of Mexico and Brazil – eliminating the need for […] source: https://dailyhodl.com/2024/09/18/circles-usdc-stablecoin-now-available-in-brazil-and-mexico-via-the-two-countries-national-payment-systems/

オーストラリア準備銀行（RBA）は、リテール向けよりもホールセール向けの中央銀行デジタル通貨（CBDC）の作業を優先すると発表した。 ホールセールCBDCは、銀 ... The post オーストラリア、ホールセール向けCBDCの作業を優先 first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/252034/

According to Colin Butler, financial institutions that don't embrace blockchain technology will lose their relevancy and competitive edge. source: https://cointelegraph.com/news/institutional-grade-stablecoins-may-killer-app-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Republican presidential candidate Donald Trump made his first purchase using Bitcoin on a cheeseburger. source: https://www.theblock.co/post/317197/donald-trump-makes-his-first-bitcoin-purchase-on-a-burger-at-pubkey-bar-in-new-york-city?utm_source=rss&utm_medium=rss

Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18. source: https://cointelegraph.com/news/donald-trump-bitcoin-transaction-burger-nyc-bar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Former president reportedly bought burgers using bitcoin at the crypto-themed bar. source: https://www.coindesk.com/business/2024/09/18/trump-buys-burgers-with-bitcoin-at-nyc-crypto-hangout-pubkey/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Commissioner Mark Uyeda wants to update the agency's S-1 disclosure for cryptocurrency firms. His stance is a positive step toward progress. source: https://cointelegraph.com/news/time-update-securities-exchange-commission-disclosure-process-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

한 트레이더는 트론 불(BULL)로 사흘 만에 1,200달러를 천만 달러로 만들었지만, 곧 가치가 60%나 하락하여 430만 달러만 남게 되었습니다. 이러한 극적인 상승과 하락은 밈 코인의 변동성이 얼마나 큰지 보여주는 사례로, 트론 기반 토큰인 BULL, SUNDOG, SUNCAT은 가격 변동과 가치 하락을 반복하고 있습니다.