Web3 | Cryto | Headline | 10-03-2024.

in Worldline-Discovery •  5 days ago • 3 min read

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Sour: Cryptorank

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Web3 | Cryto | Headline | 10-03-2024.

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US Banks Can now hold Crypto & operate as validators
The OCC has confirmed that U.S. banks can custody #crypto, work with #stablecoins, and act as #blockchain validators without prior approval. Previously, banks needed explicit consent before handling #digital assets, but this requirement has been removed.

Regulators emphasized that risk management should remain at traditional banking standards, but #crypto will no longer be treated as a high-risk asset class. The OCC aims to establish a unified regulatory approach for banking operations, regardless of #technology.

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#Crypto adoption keeps growing!
#SPANISH BANK #BBVA receives green light TO offer #btc & #eth trading!
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Top 10 Large-Cap Gainers Since Trump’s Election Win
Despite the #price drop, many #projects remain in solid profit since #Trump’s election victory, hence the top gainers are primarily U.S.-based projects, which could enter strategic reserves, such as $#HBAR, $#XRP, $#XLM, and $#ADA.
#Crypto #exchange tokens like $BGB, $TKX, and $GT have also performed well.
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#Trump's #Company Facing Losses
The assets of Trump's company, World Liberty Finance, are now valued at $78 million, down from an initial investment of $168 million.
The majority of these assets are in Ethereum. 😄
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FIFA Considers Launching Its Own Cryptocurrency
FIFA President Gianni Infantino announced that the organization is seriously considering creating its own digital token to connect with 5 billion football fans.
The idea received Donald Trump’s endorsement, with the former president joking that "FIFA Coin could end up being worth more than FIFA itself."
Could this reshape the future of sports finance?
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"An ugly start to the week..." — Arthur Hayes warns that Bitcoin could retest $78K, and if it fails, $75K is next.
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With a large options open interest (OI) between $70K-$75K, a drop into this range could trigger high volatility. Buckle up!
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ETH has lost almost 50% of its value over the year
Bitcoin, despite being in a correction, remains in the "green" zone (+18%) 🚀
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Top Crypto Events This Week (March 10-17)
∆ March 10 – AMA: #Movement x Bitget (12 PM UTC)
∆ March 11 – Zen 5.0.6 Upgrade (#Horizen) ∆ March 12
∆ 11.31M Token Unlock (#Aptos)
∆ March 14 – RavenQuest Global Release (#Immutable)
∆ March 16 – 92.65M Token Unlock (#Arbitrum)
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Am @kingworld-line

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