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Showing posts with the label global

Vodafone partners with Chainlink to enhance global trade ecosystem

Vodafone’s Digital Asset Broker (DAB) has demonstrated a proof of concept in collaboration with Chainlink Labs and others, targeting the complexities in the global trade ecosystem, valued at $32 trillion. Vodafone’s DAB has partnered with Sumitomo Corporation, Chainlink Labs, and InnoWave to demonstrate a proof of concept aimed at improving the exchange of trade documents across diverse platforms and blockchains, addressing inefficiencies in the $32 trillion global trade sector. The demonstration showcased the capability of seamlessly exchanging crucial trade documents across various platforms and blockchains, a process often hindered by fragmented and incompatible systems. The collaboration utilized Chainlink’s Cross-Chain Interoperability Protocol (CCIP) alongside DAB, enhancing security and interoperability across IoT devices and networks. This integration aims to provide a unified interface for secure data and token exchange across blockchain and IoT networks. You...

Coinbase expands futures trading services globally

Coinbase International Exchange has received regulatory approval. The approval underscores the company’s commitment to global expansion. Coinbase’s CEO continues to advocate for regulatory clarity. Coinbase, a leading cryptocurrency platform, has achieved a significant milestone by gaining regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading services to retail customers outside the United States. This development marks a strategic move to expand Coinbase’s global presence in the cryptocurrency market. Global futures market dominance The global futures market plays a pivotal role in the cryptocurrency ecosystem, accounting for nearly 80% of the total crypto market. It facilitates leveraged transactions and derivatives trading, which often contribute to market volatility. With this approval, Coinbase International Exchange aims to tap into the immense trading activity in the crypto derivatives ...

Here’s how Bitcoin promotes global financial inclusion, according to Prince Philip of Serbia

Prince Philip of Serbia outlines key ways in which Bitcoin promotes global financial inclusion and its importance in conflict-affected nations. The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macro-economic and cryptocurrency market conditions over the past year. These are the key takeaways of an in-depth interview with Prince Philip of Serbia and Yugoslavia conducted by Cointelegraph Brazil’s Cassio Gusson as 2023 gets underway. Prince Philip KaraÄ‘orÄ‘ević shared his thoughts on the sector as he joined JAN3 as its Chief Strategy Officer. The Bitcoin technology company was driving the adoption of the preeminent cryptocurrency and was founded by Bitcoin proponent Samson Mow in 2022. Jan3 announced a partnership to help develop El Salvador’s Bitcoin City in April 2022 and has since opened up an office in the BTC-friendly nation according to Prince Philip. The company also...

5 tips for investing during a global recession

The market may be experiencing some tough days, but that doesn’t have to stop you from finding ways to prosper. The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions. Option #1: Save cash There’s no shame in sitting on the sidelines and saving cash or stablecoins. When bullish momentum returns, you will have plenty of dry powder to make big allocations. In the meantime, there are still lots of opportunities to earn yield across crypto Markets as long as you trust the protocol you’re using. But isn’t this timing the market, which is impossible? Possibly. But this is more about spotting momentum and general market trends as opposed to more focused price targeting or calling reversals. Larger trends are easier to spot. However, if that’s a bit risky, there’s another option. Option #2: Dollar-cost average (DCA) Have you ever been to a physiotherapist with a wrist or b...