Coinatory

Tether, the foremost issuer of the stablecoin, is gearing up to deploy its USDT token on the Celo blockchain, a platform compatible with the Ethereum Virtual Machine and evolving into an Ethereum Layer 2 network. Although the specific launch timeline has not been disclosed, a representative from Tether assured that the rollout is imminent. This development signifies further growth for USDT, which has already established its presence across several blockchains, including Ethereum (ETH), Solana (SOL), and Polygon (MATIC). Tether has previously withdrawn support from certain networks due to inadequate demand, while still allowing redemptions up to a designated cut-off date. Founded in 2020, Celo's mission is to streamline mobile payments by associating telephone numbers with cryptocurrency wallet addresses and providing low-cost Read more about USDT Set to Launch on Celo Blockchain #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsBuilding Approvals (MoM)-1.0%-10.1%00:302 pointsNAB Business Confidence (Feb)---------108:002 pointsNew Loans1,500.0B4,920.0B10:002 pointsEurogroup Meetings------------------11:002 pointsOPEC Monthly Report  ------------------12:302 pointsCore CPI (MoM) (Feb)0.3%0.4%12:302 pointsCore CPI (YoY) (Feb)3.7%3.9%12:303 pointsCPI (YoY) (Feb)3.1%3.1%12:303 pointsCPI (MoM) (Feb)0.4%0.3%16:002 pointsEIA Short-Term Energy Outlook------------------17:003 points10-Year Note Auction---------4.093%18:002 pointsFederal Budget Balance (Feb)-298.5B-22.0B20:302 pointsAPI Weekly Crude Oil Stock---------0.423M Read more about Upcoming economic events 12 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The United Arab Emirates (UAE), known for its immense wealth, has recently started using Cardano blockchain technology to enhance the security of its criminal investigations. Chris O, the founder of Cardano's GhostFund DAO, shared news about the UAE's move as a significant step towards widespread practical use of blockchain. During the World Police Summit in Dubai, the Dubai Police presented a pilot project built on Cardano that focuses on managing data efficiently. This project was developed to facilitate the safe exchange of sensitive criminal investigation data with global authorities, including Interpol. The showcase of the Cardano-based initiative underlined the sophisticated security measures for transferring critical forensic details, like scans of bullets encased in concrete, captured using advanced scanning technology. Read more about UAE Enhances Criminal Investigations with Cardano Blockchain #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #N...

Ubisoft, renowned for producing worldwide gaming phenomena such as Assassin’s Creed and Just Dance, has now embarked on a strategic alliance with the XPLA network by taking on the pivotal role of a node validator. This partnership, unveiled on XPLA’s Medium channel, underscores Ubisoft’s visionary approach to blockchain through its Strategic Innovation Lab, signifying a significant step in merging the realms of gaming and blockchain technology.Benefits for XPLA from Ubisoft's AllianceThe collaboration enables Ubisoft to apply its vast gaming development know-how to bolster the security and efficiency of the XPLA network's transactions and data validation. This alliance is poised to enrich the XPLA ecosystem, acclaimed for its commitment to becoming a premier platform for digital media and gaming content. Leveraging the Tende Read more about Ubisoft Joins Forces with XPLA as Node Validator to Blend Gaming and Blockchain Worlds #Cryptomarket, #Cryptonewstoday, #News, #Re...

BlackRock, the globe's premier asset management firm, achieved a remarkable feat with its Bitcoin Exchange-Traded Fund (ETF), amassing $10 billion in assets under management (AUM) faster than any other ETF in the annals of U.S. financial history. This significant achievement is propelled by the continuous upsurge in Bitcoin's value, the leading cryptocurrency worldwide. Achievement of BlackRock's BTC ETF Underlines Growing Digital Asset InterestThe rapid appreciation in Bitcoin's value underscores the escalating interest and acceptance of digital assets in traditional investment realms. Since its inception in January, the IBIT ETF quickly captivated investors desiring Bitcoin exposure. The launch period of IBIT was marked by a bullish trend in Bitcoin's market, witnessing record-breaking highs and drawing substantial attention Read more about BlackRock's Bitcoin ETF Sets Record: Swiftly Surpasses $10 Billion AUM #BlackRock, #BTCETF, #Cryptocurrency, #Cryptomarke...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsEurogroup Meetings------------------15:002 pointsNY Fed 1-Year Consumer Inflation Expectations---------3.00%17:002 points3-Year Note Auction---------4.169%21:452 pointsElectronic Card Retail Sales (MoM) (Feb)---------1.7%23:502 pointsBSI Large Manufacturing Conditions (Q1)6.25.7 Read more about Upcoming economic events 11 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Bitcoin (BTC) mining enterprises are pouring billions into high-tech equipment and using energy at rates never seen before to maximize their earnings ahead of the halving event in April. Bloomberg reports that the surge in Bitcoin mining efforts is largely attributed to the digital currency's resurgence. As the leading cryptocurrency in terms of market capitalization, Bitcoin recently surpassed its previous peak, following a 64% drop in value in 2022 amidst industry disruptions. The sector's revival has been further propelled by the launch of spot Bitcoin exchange-traded funds (ETFs) and heightened anticipation of the halving. This event, which occurs every four years, cuts the rewards for mining new blocks in half, effectively reducing the incoming supply of new Bitcoins. Key players in the mining industry, such as CleanSpark Read more about Bitcoin Mining Boom: Billions Invested and Record Energy Use Ahead of Halving #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #R...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious23:502 pointsGDP (YoY) (Q4)-0.4%-2.9%23:503 pointsGDP (QoQ) (Q4)-0.1%-0.7%23:502 pointsGDP Price Index (YoY) (Q4)3.8%5.3% Read more about Upcoming economic events 10 March 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS