Daily News 19

Author: admin

  • If the United States has recourse to its Bitcoin reserves, South Korea could be left behind in terms of crypto

    If the United States has recourse to its Bitcoin reserves, South Korea could be left behind in terms of crypto



    • South Korea runs the risk of falling behind, while the USA hoard Bitcoin for strategic financial positioning.
    • Government authorities debate fundamental questions, while millions of older Korean cryptocurrencies have long since accepted growing portfolios.

    Who would have thought that a country that is as active in the world of technology as South Korea in the introduction of digital assets such as Bitcoin into Behind would be advised? The former deputy minister of strategy and finance, Ahn Do-Geol, recently pronounced a rather harsh warning.

    He said the United States had been faster and even started to hoard Bitcoin as part of their financial strategy. Meanwhile, South Korea still seems to hesitate and even to be shared with the next steps within the government.

    Other Horten Bitcoin – South Korea watches standless

    According to Ahn Do-Geol, Korea should not only be a spectator on this global trend. He asked the government to consider Bitcoin as an alternative foreign exchange reserve. This concept may sound bold, but if you look at the steps of the USA that have started to form a kind of “strategic Bitcoin reserve”, it makes sense that ancestor is of the opinion that your country should do the same.

    Imagine if one day the traditional exchange rate faltered or inflation gives up the value of the Fiat currency, Bitcoin could be a kind of digital “emergency reserve” that may sound like the premise of a dystopian film, but in fact other countries are already beginning to move in this direction.

    Korea runs the time of it

    Unfortunately, the idea was not welcomed by everyone involved. The Bank of Korea (BOK) still represents conservative principles. It is concerned about the price volatility of Bitcoin, which can cause headaches. It is also of the opinion that Bitcoin is not suitable as a means of payment because it does not correspond to the standards set by the International Monetary Fund (IMF).

    However, the Financial Service Commission (FSC) seems to be more open. She said that the development of a regulatory framework for cryptocurrencies is something that must be done immediately. Even if you have not agreed on Bitcoin as a reserve, you are at least aware that cryptocurrencies can no longer be treated just as a temporary trend.

    Fiu is backwards robe – ancestor pushes forward

    While Ahn was demanding a new policy, the Financial Intelligence Unit (FIU) actually moved in the opposite direction. Instead of creating space for cryptocurrencies, it has started to sanction foreign stock exchanges that are not officially registered in Korea.

    According to the CNF report, this sanction is not just a formal warning, but it can also be made in the form of a ban on access to the stock exchange website itself. Some of the big names that have been sanctioned are Bitmex, Kucoin, Coinw, Bitunix and KCEX.

    This step seems to indicate that the South Korean government pulls the emergency brake at a time when some parties, such as Ahn, want to push through the accelerator.

    Politicians argue – and almost 10 million Koreans are committed to crypto

    Despite regulatory tensions and political changes, the Korean citizens are becoming increasingly active. There are currently more than 9.6 million crypto investors in South Korea. This number increased by more than 50 % compared to the previous year.

    It is even more surprising that one of four investors from the 50-year-old age group and older comes. They not only try to buy change, but many of them keep large portfolios.

  • XRP Ledger very simple-ten terms determine his future

    XRP Ledger very simple-ten terms determine his future



    • The latest XRPL upgrade improves efficiency, security and governance and at the same time introduces powerful new functions.
    • There are only ten terms that define the development of the XRP Ledger in the blockchain.

    The XRP Ledger (XRPL) continues to develop and brings new functions and improvements for its decentralized network. With the increasing spread of digital assets, it is important to understand the most important terms related to XRPL. A current breakdown Von Krippenreiter, a blockchain technician, emphasizes ten important terms that determine the future of XRPL.

    How CNF reportedwith the publication of XRPL version 2.4.0 updates were introduced that improve security, compliance and network performance. The new version strengthens the role of XRPL as a quick and cost -efficient blockchain.

    The key terms for understanding XRPL

    XRP is the digital asset that forms the core of XRPL. It is secured by cryptography and is used for transactions, fees, reserves and bridging transactions. It also enables quick, inexpensive cross -border payments.

    The XRP Ledger is a decentralized blockchain that was developed for the processing of financial transactions without a central authority. Because of its efficiency and low costs, it is suitable for various financial applications.

    Another concept is the XRP-LCP, the XRP Ledger Consensus Protocol. It enables Validiers to agree on the condition of the blockchain without mining. In contrast to proof-of-work systems, it works according to a collaborative model that guarantees quick and energy-efficient validation.

    In addition, the change system plays a crucial role in governance. Proposed changes require the consent of at least 80% of the validers in two consecutive weeks before they are activated. This process ensures that upgrades are broadly supported and the network does not disturb.

    Several functions improve XRPl. With Trust Lines, users can define credit limits for handling the tokens issued and thus manage transaction risks. Exposed currencies, also called Ious, represent digital versions of real assets such as Fiat currencies. These ious can be output and transmitted within XRPL, which enables seamless exchange of assets.

    Another important function is the decentralized stock exchange (Dex). In contrast to conventional stock exchanges, the XRPL’s Dex enables users to trade with assets directly on the blockchain without intermediate traders.

    In addition, smart-contract-like functions are introduced with Hooks, which perform custom logic before or after transactions. This expands XRPL’s applications and makes it more flexible for developers.

    Expanding applications and future growth

    With the advancement of digital collectors, non-fungable tokens (NFTS) have become an important part of XRPL. The XLS-20 standard enables the creation and trade with unique digital assets.

    Another innovation, Paychannels, enables fast off-Ledger transactions. This reduces traffic jams and at the same time enables efficient micro payments. These functions help XRPL to adapt to the changing blockchain trends.

    In the meantime, XRPL version 2.4.0 introduces important security improvements and governance updates. The approval process for changes ensures that the upgrades match the decentralized structure of XRPL.

    While the network is further improved, it remains a quick, safe and efficient platform for digital transactions. With a strong governance and advanced functions, XRPL shapes the future of blockchain technology.

  • Pumpswap makes $ 1 billion sales in the first week

    Pumpswap makes $ 1 billion sales in the first week



    • The new Dex Pumpswap reached over a billion dollar sales in its first week and made the industry take notice.
    • It calculates 0.25% per trade, with incentives for liquidity providers and without fees for pool formation.

    Who would have thought that a new platform could mess up the Dex World Card on Solana in just one week? Pumpswap, the new Dex, developed by Pumpfun, immediately shot up and reached in the first week Over $ 1 billion Sales volume.

    It is even more astonishing that you were able to take over $ 1 million in fees every day. This is not a small number, even for such an active system as Solana.

    Pumpfun leads Memecoin migration to pumpswap

    Since March 20, Pumpfun has started implementing an automatic migration system for memoins that have managed to collect liquidity. Previously, these tokens were led directly to Raydium, the most popular Dex on Solana – at least until a few days ago.

    Now these tokens no longer hike to raydium, but directly to pumpswap. It is as if our favorite restaurant suddenly close and be replaced by a new café that is actually faster, without queue and cheaper.

    Pumpfun also explained that pumpswap “similar to Raydium V4 & Uniswap V2” works, but is designed in such a way that it offers the smoothest possible trade experience. This means that retailers can move more freely without being burdened with migration fees that used to be up to 6 sol.

    New AMM wins mit Memecoins on the ground

    CNF has already reported that Raydium launched Launchlab on March 19, a launchpad for memoins with a flexible token start system and an adaptable price model. This step is seen as a direct attempt to compete with the new ecosystem that Pumpfun has built up through pumpswap.

    Although pumpswap has just started, Pumpswap has managed to take second place as the largest automatic market maker (AMM) in the Solana network. Imagine that was only a question of days.

    In fact, the largest liquidity pool on pumpswap was filled by token with fairly funny names in the last 24 hours: Dogemoon and Ballscoin. It may sound ridiculous, but the trading volume is not a joke.

    Lower fees and open liquidity attract traders

    One of the reasons why pumpswap has become so popular so quickly is the user -friendly fee structure. A fee of 0.25 % is charged for each trade. Of these, 0.2 % go to liquidity providers, while 0.05 % go to the protocol. It is a kind of sales participation that makes sense, especially for dealers, that often open positions.

    In addition, pumpswap enables everyone to create new pools and add liquidity to them without incurring additional fees. This opens up a great opportunity for new token creators and smaller communities that have had a hard time gaining a foothold on larger platforms.

    The question now is whether raydium can keep his throne? Or will we see how the Memecoin system on Solana is completely shifted to pumpswap?

  • XRP course can reach $ 8 to $ 10-analyst emphasizes mathematical chart patterns

    XRP course can reach $ 8 to $ 10-analyst emphasizes mathematical chart patterns



    • Analysts assume that XRP could reach $ 8 to $ 10 due to Fibonacci models and the Bitcoin rally.
    • Long -term goals such as $ 77 depend on the market trends and the system growth of Ripple.

    Cryptoanalyst Blockchain Backer has predicted that XRP rises to the range of $ 8 to $ 10. This forecast is based on mathematical chart patterns and historical price behavior, especially on the 4,236 Fibonacci extension level.

    Ali Martinez noticed that the Wal activity has been steamed last week without major purchases or sales being observed.

    Ainvest adds that the realization of this price goal is likely to depend on Bitcoin to increase to around $ 127,000 – which underlines mutual dependence between BTC and old coins such as XRP.

    Ambitious forecasts: aim is $ 77.7

    In a more aggressive scenario, the analyst Dark Defender assumes that XRP will reach $ 77.7 in this bull cycle. Using exponential fibonacci models and the Elliott wave theory, this prediction outlines a gradual way: a movement at $ 5- $ 8, then $ 18- 23 and finally the $ 77.7 mark.

    In addition, CNF reported that some analysts see an increase from XRP to $ 22, which is powered by an improved market structure, increasing institutional acceptance and a potential IPO of Ripple-which indicates the possibility of an exponential increase under ideal conditions.

    Market development

    Although these forecasts offer an optimistic view of the future of XRP, investors should remain careful. The cryptocurrency market is notorious volatile, and such high goals depend on convergence cheaper elements-including macroeconomic trends, clear legal provisions and technological advances in the Ripple network.

    As always, investors should do thorough research and weigh up several points of view before making a decision. At the time of the creation of this article, XRP is traded at approx. $ 2.47, which corresponds to an increase from 1 % in the last 24 hours and 6.02 % last week, as the data from Coin Market Cap show. See XRP price diagram below.

  • Ripple CEO reveals existing partnerships with central banks-XRP plays the leading role

    Ripple CEO reveals existing partnerships with central banks-XRP plays the leading role



    • Ripple expands his business by maintaining relationships with central banks from several countries, even if parts of this expansion are not disclosed towards the public.
    • The settlement of the SEC conflict gave Ripple the necessary legal basis in order to inform the public about this type of new business alliances.

    Ripple CEO Brad Garlinghouse has announced several global partnerships with central banks, but information about certain business is withheld from the public. Last year Riples XRP was already ready for a CBDC function, but the central banks were covered in terms of XRP due to the procedure against Ripple and the associated legal uncertainty.

    With his statement, Garlinghouse emphasized the position of Ripple at digital-asset applications for digital central bank currencies. It is expected that the regulatory hurdles will fall, which could subsequently change the cross -border payment sector. Financial institutions rely on blockchain technology in order to establish the next generation payment systems as part of their wider technological development.

    Ripple is expanding its strategic activities with central banks worldwide

    In one recently Interview confirmed Garlinghouse that Ripple maintains his commitment to improve global payment infrastructure. He explained that CBDCs concentrate on domestic operations, which limits their capacity to process border -crossing payments. According to Garlinghouse, blockchain payments supported by Ripple offer essential solutions for the problems of this system.

    Garlinghouse announced that Ripple maintains cooperation with several central banks. The partnerships between Ripple and Central banks consist of both open and hidden form. Ripple uses his foundation as a partner for banks and payment systems to support the central banks in researching applications for digital currencies.

    So the company already has CBDC development initiatives in the republic Palau And in Bhutan completed. According to the CEO’s statements, there are further business agreements that will be announced in a short time.

    Legal clarity enables future planning

    The legal clarification between Ripple and the US Securities and Exchange Commission (SEC) has led to Ripple increasingly focusing on the participation of central banks. The legal dispute began in December 2020 to determine whether XRP is considered a security. After Completion of theTrial Ripple has won regulatory security, which enables the company to carry out its business plans with regard to legal matters.

    The recent interview of Garlinghouse with Amelie shows that Ripple will announce new partnerships due to the settlement of the SEC law. Garlinghouse was confident in this video segment in terms of cooperation with the company’s central bank. Amelie explains that the recent judgment of Ripple has been able to advance its activities in the financial sector, especially CBDC projects.

    According to Garlinghouse, the financial sector now shows a growing interest in the use of blockchain for payments. The use of CBDCs and stablecoins is checked by states for the development of next generation financial network systems. The blockchain market attracted Ripple because institutions are increasingly recognizing the potential to make international financial transfers more efficient.

    The growing partnerships of Ripple with central banks could secure its place in the global payment networks because digital currencies are becoming increasingly popular. Garlinghouse’s statement indicates not yet published partnerships, which will probably be announced shortly. The progress of the financial industry in the direction of blockchain solutions positions Ripple as an important player when defining the next generation of digital payment systems.

  • Vechain warns of NFT fraud

    Vechain warns of NFT fraud



    • Vechain warns customers of NFT fraud-under no circumstances should wallets be connected to suspicious pages.
    • Investors have their sights on fraudsters – believe no announcements, let alone promises and check everything twice before acting.

    VeChain has published a warning about a fraudulent NFT airdrop that aims at its community. According to Vechain on X have sent fraudsters fake NFTs to certain wallets and asked the recipients to visit a website to receive an alleged reward.

    Vechain has made it clear that users should avoid interacting with these tokens and combining their wallets with suspicious websites.

    The team has also confirmed that there are currently no official $ B3TR giveaways connected to vebetter.com. The users are recommended to check all announcements directly from the official channels of Vechain before becoming active.

    Safety problems in the Vechain system

    Security threats are a growing problem for the Vechain community. On January 18, 2024, the project’s official X account became compromisedwhat made attackers made possible to publish misleading advertising offers. The fraud aimed at Vechain (VET) and Ethereum (ETH) owner and asked them to transfer money with the wrong promise to receive the double amount in return.

    Vechain reports:

    “The hackers tried to lure users by claiming they could double their vet or ETH amount.”

    However, many investors quickly recognized the fraud. Blockchain recordings show that the fraudulent address has not received any funds, which indicates that users’ awareness has increased for such machinations.

    USDGLO integration and sustainability

    Despite the security concerns, Vechain continues to expand its ecosystem. As in our earlier contribution mentioned the platform recently introduced USDGLO, a green stable coin that aims to promote sustainability. This token is now available for trading on Veswap, the decentralized stock exchange of Vechain. In addition, the USDGLO network has allocated to help community members who still hold the hired VeusD stable.

    In parallel to these developments, VECHAIN ​​started a new website for his vebetter initiative. As already mentionedThe website improves the user experience by offering an improved interface for exploring sustainability -related dapps. The Vechain team explained:

    “Our redesigned website offers intuitive navigation that makes it easier for users to update their GM NFT or to take part in the DAO Governance.”

    After the recent fraud message, the course of Vechain (VET) was $ 0.02642, with a 24-hour trading volume of $ 56,203,711. This means a decline of 1.72% in the last 24 hours, but an increase of 9.91% last week.

    Vechain urgently asks his community to stay careful and check all information through official sources before getting involved in transactions. Users are asked to report suspicious activities to prevent further safety threats.

  • Etoro wants to go to the stock exchange and plans Nasdaq-notor under the Ticker Etor

    Etoro wants to go to the stock exchange and plans Nasdaq-notor under the Ticker Etor



    • Etoro officially applied for the IPO in the United States and intended to have its shares listed on Nasdaq under the ticker symbol Etor.
    • Etoro entered into a partnership with Goldman Sachs and improved the global crypto wallet functions for users in Great Britain and the EU.

    After a delay since 2021, Etoro has finally officially The documents For an IPO in the United States submitted. The Israeli trading platform plans to list your shares on the Nasdaq exchange with the ticker code Etor. This step represents Etoros continuous efforts to enter the public market after the company had previously canceled its SPAC fusion due to the poor market conditions.

    Although it took a long time, the time now appears more sensible. Since the market begins to warm up again and the enthusiasm for technology shares increases again, Etoro has decided to advance with a strategy that looks much more mature than its previous efforts.

    Big ambitions

    At the beginning of December 2024, CNF reported that Etoro worked with Goldman Sachs as the main partner in this IPO process. Goldman Sachs is not just any name, but known for the fact that you successfully bring technology companies to the stock exchange.

    The intended evaluation is also remarkable: it is $ 3.5 billion. The company hopes that the IPO will be completed in mid -2025 at the latest and its shares will be traded.

    Of course, you can not only rely on enthusiasm and self -confidence with such a big goal. Etoro also added a financial performance for 2024 that surprised many parties. The income rose from $ 3.89 billion to $ 12.64 billion. The net win also increased from $ 15.3 million to $ 192.4 million.

    This increase mainly came from the crypto trade, which made 96 % of the total income. When we compare it, they are like a street café that suddenly became Starbucks overnight – thanks to the enthusiasm of people for digital assets.

    A stumbling block on the way to the IPO

    However, some not negligible hurdles are hidden behind this growth. One of them is the matter with the regulatory authorities in the United States. Etoro agreed to restrict his crypto trade activities in the United States after long discussions with the SEC. They also agreed to pay a fine of $ 1.5 million for earlier compliance violations.

    Etoro extends the functions

    While the US regulatory authorities are still observing the company closely, Etoro has some good news for its users in other parts of the world. On March 24, 2025, Etoro announced that users in Great Britain and Europe can now transfer crypto assets from other stock exchanges or wallets to the ETORO crypto money exchange. This function not only facilitates the transfer of assets, but also opens up the possibility of converting cryptocurrencies into cash.

    After that, users can immediately invest the funds in shares, ETFs or other asset classes on a platform. For those who are tired of opening three applications just to buy and sell crypto and stocks, this function is a refreshing variety.

    Lately, more and more technology companies have had the feeling that the time for a IPO is cheap again. Since the market begins to recover and investors go hunting for potential stocks again, Etoro seems to try to resume the swing that was lost three years ago.

  • CME Group and Google Cloud jointly research tokenization technology

    CME Group and Google Cloud jointly research tokenization technology



    • Google Cloud and the CME options exchange are working together on tokenization with Universal Ledger.
    • The partnership should optimize the handling of digital assets across financial systems.

    Die CME Group hat itself mit Google Cloud togetherto test a tokenization technology based on Universal Ledger. Through this cooperation, both parties want to test how the infrastructure for digital assets can be used in order to simplify the clearing and processing process, which is quite complex in the financial world.

    CME Group strives for 24/7 trading with Google Cloud’s Ledger technology

    Terry Duffy, Chairman and CEO of the CME Group said that the collaboration is in line with the demand of the new US government to create a more sensible market regulation:

    “We look forward to working with Google Cloud to enable innovative solutions for inexpensive, digital value transfer.”

    He added that the Universal Ledger from Google Cloud has the potential to enable considerable increases in efficiency in collateral, margins, billing and fee expenses-especially with regard to relocation to 24/7 trading, which is becoming increasingly reality.

    For those who are not yet familiar: Universal Ledger is the distributed LEDGER technology from Google Cloud, which enables the transmission of digital values ​​between companies and systems.

    The term sounds technically, but imagine an online financial booking system that is always synchronized, to which everyone can access the corresponding authorization and that works without delay. In practice, this can reduce the frictional losses that often occur when processing transactions.

    On the other hand, Rohit Bhat from Google Cloud stated that the main task of the company is to provide the most advanced infrastructure to help partners to cope with the complexity of today’s financial system. He gave this cooperation a real example of how Google Cloud drives the change through strategic cooperation. He explained:

    “The partnership with the CME Group for innovation with GCUL is an example of this commitment and shows how Google Cloud partners helps to transform their business through strategic cooperation and modern infrastructure and thus open up significant opportunities for the global financial market.”

    The project itself is still in the early test phase and is to be tested to a larger scale with market participants over the course of the year. If everything goes according to plan, this service based on token are introduced in 2026.

    Solana Futures and Treasury Clob will redesign the trade

    But the history of the CME Group has not yet ended. A few days before the announcement of the collaboration with Google Cloud, namely on March 18, 2025, she had already introduced a Solana futures contract (SOL).

    This is part of the expansion of crypto products that CME offers investors. This additional product offers market participants more flexibility in managing their commitment in volatile digital assets.

    It was not long, two days later, on March 20, 2025, the CME also announced plans to introduce a Central Limit Order Book (Clob) for US treasure papers under the brokertec platform in Chicago. The goal is very clear: to simplify the connection between the cash and appointment markets so that market participants can manage their risk and liquidity more effectively.

    Bitcoin stands in front of a possible offer shock

    As CNF reported, the CME data gives an interesting signal for Bitcoin. It is believed that the likelihood of an offer shock could increase the price of Bitcoin, especially if institutional investors begin to dissolve their short positions.

    Analysts have set a long -term target range of $ 225,000 to $ 444,000. Although forecasts always require a disclaimer, this shows a fairly strong market mood.

  • Investors waiting for an old coin season could be disappointed

    Investors waiting for an old coin season could be disappointed



    • Memoins and ETFs put the traditional old coins in the shade and signal a fragmented altcoin cycle.
    • Ethereum is still strong and could lead a future altcoin rally, but uniform altcoin season could be one thing in the future: over.

    According to the Altcoin Season Index of the Blockchain Center, an old coin season is defined as a period in which 75% of the 50 most important old coins Bitcoin exceeds a rolling 90-day window.

    Although there were short rashes in March 2024 and in January 2025, they were too short-lived to be considered a full-fledged old coin season.

    Traditionally, the term Altcoin season describes a market phase in which alternative cryptocurrencies-old coins-develop significantly better over two to three months than Bitcoin. This pattern was remarkable in the cycles 2015-2018 and 2019-2022. However, the current data indicate that a uniform increase in the old coins may no longer be observed.

    Memecoins distract the market’s attention

    Analysts have found that platforms such as Pump.Fun have boosted the rapid creation of memoins and thus lured speculative capital from more established old coins. Like Miles German get unwitted:

    “Early Birds and Insiders became incredibly rich. And truly, there was a lot of money to make-and so it is still that it will not disappear. But most retailers who got on late have lost, as is the case in most old coin cycles.”

    This shift has affected the market dynamics, whereby the capital, which previously supported the top 200 alcohol, is now being redistributed to the on-chain tokens with low capitalization. While early market participants benefited from Memecoins, stragglers – especially retailers – often accepted high losses.

    Institutional influence by ETFs

    The laying of Bitcoin-Spot ETFs, such as B. Blackrocks Ishares Bitcoin Trust (IBIT) in January 2024 brought considerable institutional capital, with tributaries of $ 129 billion. This flow of capital in Bitcoin has probably deducted the attention and liquidity of old coins, since the institutions regulated, confidantly preferred familiar investment instruments.

    Altcoins are no more than one group. Different sectors show different developments-Real-World Asset (RWA) Token have risen 15 times, while Gamefi has lost 50 % of its value. This shift signals that stories and specific applications are now more important than an “old coin”. CNF also found that Ethereum’s historical rally often cited previous old coin season.

    Ethereum role in the new market structure

    Ethereum (ETH) remains an important pillar in the cryptosystem that bears Defi, NFTS and L2 applications. Even if ETFs and memoins master the headlines, Ethereum continues to grow. With the ETH ETFs on the horizon, his status as a “blue chip” seems to be even more solid as a “blue chip” and offers structure in the middle of the fragmentation of the altcoin market.

    When writing this article, ETH is traded at $ 2,052.18, which corresponds to an increase of 0.47 % over the last day and 6.04 % last week. See ETH price diagram below.

  • Nubank is expanding crypto support-ADA, Near and Atom now available

    Nubank is expanding crypto support-ADA, Near and Atom now available



    • The Nubank divides Ada, Near, Atom and Algo into their offer to operate 100 million users and to improve crypto access in Latin America.
    • The expansion particularly promotes AdA’s acceptance in the increasing Brazilian Fintech competition.

    Based on the earlier reporting of Crypto News Flash about Brazilian Nubank, which offers crypto services for more than 50 million customers and is planning to expand in Latin America, the digital bank, which is supported by Warren Buffett’s Berkshire Hathaway, has significantly expanded its crypto offers.

    From March 25, 2025, the users of Nubank Cripto can be loud Ainvest Now deal with Cardano (ADA), Near Protocol (Near), Cosmos (atom) and Algorand (Algo). This increases the number of supported digital assets to 20th Thomaz Fortes, Executive Director of the Department of Cryptocurrencies and Virtual assets from Nubank, commented:

    “The range of new coins reflects our commitment to offer a diversified crypto portfolio that is tailored to the needs of our customers. We will further expand our selection of tokens in the course of the year, always with a careful analysis of the options.”

    Strategic expansion of the crypto offer

    This latest addition underlines the Nubank mission to democratize access to digital assets throughout Brazil. The admission of ADA, Near, Atom and Algo offers users a broader commitment in various blockchain ecosystems that range from defi to interoperable networks.

    Ainvest found that by taking these tokens, Nubank offers its 100 million customers in Brazil more diverse investment options in the developing area of ​​digital assets.

    Impressive growth and competitive position

    The Nubank’s entry into the cryptomarkt has led to a rapid growth. The bank’s turnover climbed from $ 245 million in the first quarter of 2021 to almost $ 3 billion by the end of 2024, driven by increasing acceptance and user growth.

    Since the competition in Brazil intensifies-where actors such as Binance and revolut expand their crypto presence-the timely admission of ADA and others is seen as a strategic step to claim market leadership.

    In particular, the admission of Cardano (ADA) could promote the acceptance and liquidity of the token across Latin America, a region with growing crypto interest.

    Current Markt-Spotlight

    At the time of the creation of this article, Cardano (ADA) is traded at $ 0.7480, which reflects an increase of 1.84% in the past few days and 5.80% last week, according to Coin Market Cap. See ADA price diagram below: