Analysts predicts 100x growth for DTX Exchange (DTX), Uniswap (UNI), THORChain (RUNE), Synthetix (SNX) and Curve DAO Token (CRV).
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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“This enhanced security is crucial in driving the adoption of crypto as an investable asset class,” states Zakhil Suresh, CEO at BitSave.
The massive transfer is likely part of a strategy to repay the 127,000 creditors who have been waiting since 2014 for reimbursement following the exchange’s collapse.
The Ledger Stax introduces the world’s first curved E Ink secure touchscreen, which enhances visibility and usability by allowing users to view transaction details and digital art continuously.
Despite bipartisan support, SEC Chair Gary Gensler warned that the bill might undermine existing securities laws and endanger both investors and the broader capital markets.
WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) are likely to commence trading by May 28, offering exclusive access to professional investors.
The collaboration aims to empower Hidden Road’s clientele with seamless access to advanced trading strategies and enhanced efficiency in executing delta rolls.
This marks a significant shift from previous rigid stances, contrasting with the RBI’s ongoing concerns over macroeconomic risks and fiscal stability.
“As the digital asset market has matured, compiling over a decade of historical data, institutional investors are now seeking alpha opportunities that can only be realized through systematic risk-managed strategies,” states HD Co-Founder and Portfolio Manager, Chris Sullivan.
Learn about the event’s historical significance, its role in demonstrating Bitcoin’s potential as a mainstream financial asset, and how the crypto community celebrates this quirky yet monumental day with events, charity, and more.