📔What do you know about Elon Musk's planned X payment system! Join us #توقعاتكم!
~ The X platform published a post in which it talked about the arrival of some changes to the platform this year, and among the interesting features, we find that the social media platform intends to adopt a peer-to-peer (P2P) payment system.
X did not specify the exact date on which this new payment service will be launched nor the technology (technical) that will be used. This comes despite Elon Musk having previously stated that it is difficult to integrate cryptocurrencies into an extensive social network.
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Today's Digital News : 10/01/2024
1️⃣ Bitcoin prices have experienced extreme volatility due to the false information circulating on the official Twitter account of the Securities and Exchange Commission about the approval of the Bitcoin ETF Traded Fund.
2️⃣ A Bloomberg analyst stated that the Securities and Exchange Commission (SEC) is expected to announce its approval of the Bitcoin ETF between 00:00 and 03:00 Mecca time on Thursday.
3️⃣ Ethereum trading has fallen by more than 700K since November 2023 worth over $1.6 billion.
4️⃣ 15,000 blocks remained before the next Bitcoin halving, which

Japanese e-commerce giant Mercari plans to launch bitcoin payments in June 2024. With over 22 million monthly active users, Merkari is a major force in Japan's e-commerce market.

Expectations for the approval of Spot BTC ETFs from the US Securities and Exchange Commission (SEC) have reached an all-time high (ATH). Analysts have found a limited number of reasons why the market regulator should reject the product at this time.
The odds of rejecting the Bitcoin ETF according to Bloomberg's senior ETF analyst, Eric Balchonas. The odds of rejecting a Bitcoin exchange-traded fund have now dropped from 10% to just 5%. He pointed to the need to leave room for only 5% for uncertainty because anything is possible even with the guarantees provided by the industry at that time.

The Japanese government has finalized a cryptocurrency tax reform scheme for fiscal year 2024. The reform, approved at the last cabinet meeting on December 22, comes with an important amendment that will affect companies with crypto assets.
The amendment removes the market valuation tax for the end of the period previously applied to companies that own third-party crypto assets (virtual currencies).
As a result, companies will now only be taxed on profits generated from the sale of digital and cryptocurrencies, in line with the tax regime for individual investors. This amendment aims to ease t

According to reports from insider sources linked to FOX Business, the US Securities and Exchange Commission (SEC) is preparing to approve the first Bitcoin Spot Exchange Fund (ETF) by January 10, 2024.
This potential announcement marks a major turning point towards the widespread recognition of Bitcoin as a cryptocurrency in the United States.
Major financial institutions, including leading companies such as BlackRock and Fidelity, have submitted about a dozen applications to launch Bitcoin ETFs, enabling real-time valuation of digital assets.
Although the SEC has not issued an official statem

Shiba Inu (SHIB) master developer, Shytoshi Kusama, believes it's time to get rid of the caricatures and comics of the Shibainu project and switch from a meme to a practical-usable project in the real world.
The announcement follows the announcement of a new partnership with D3 Global that will allow the SHIB community to create domain names ending in .shib, which could form the basis of a new decentralized identity.

Jesse Powell, co-founder of Kraken, criticized the US Securities and Exchange Commission's security measures against the cryptocurrency platform.
Jesse Powell reacted angrily to the SEC lawsuit against cryptocurrency platform Kraken, uttering harsh words toward the committee and its chairman.
Powell called the SEC "troubled" and Chairman Gary Gensler a "masochist," accusing him of preventing technological innovation in the United States.
This time, Powell plans to defend the platform against the JSC.

The Democratic Party of Korea (DPK), one of South Korea's main political parties, authorizes all its candidates to disclose their digital assets as part of its efforts to promote transparency.
Han Byung-doo, chairman of the DPK's Strategic Planning Committee, unveiled the new mandate during a secret meeting, as the party prepares for the next election in 2024.

The collapse of a new American bank called (Citizen Bank), which is ranked 12th according to the latest ratings for the size of US banks, and according to the Federal Insurance Institute, the acquisition of the bank was quickly completed.

In a surprising development, Ripple has teamed up. The payments company behind the cryptocurrency Ripple XRP. With Jared Isaacman, Elon Musk's partner at SpaceX. The billionaire founder of payment processing company Shift 4. flew into Earth's orbit aboard SpaceX's Crew Dragon capsule in 2021. In the latest development, Ripple has officially announced that it is working on a donation project in collaboration with Isaacman.
XRP Donations with Partner SpaceX Ripple has officially announced that it has joined Isaacman in a project to donate XRP and cryptocurrencies to the Maui Emergency Response F

The Kingdom of Saudi Arabia has intensified its economic diversification efforts, driven by its ambitious vision, Vision 2030.
In an attempt to diversify its economy away from dependence on oil, the Kingdom has embraced emerging technologies, such as blockchain and artificial intelligence, and taken advantage of booming markets, such as gaming.
But while the country has yet to make a significant mark in the global race and AI development, the ripples of its investments in the gaming sector could extend far beyond that — at least, that's what Web3 experts say.

The second day of the 2023 global fintech conference, Global Fintech Fest (GFF), witnessed many constructive discussions centered mainly on the future of the global financial sector. Several prominent figures in India's fintech sector took advantage of this opportunity to highlight the country's significant increase in CBDC adoption, noting that the user base has exceeded 1.5 million users.

El Salvador plans to introduce education about Bitcoin into public school curricula, starting in 2024.
This announcement came through a post published by “Progano Energy,” a company specializing in Bitcoin mining, and shared by American writer and producer “Stacey Herbert.”
The Salvadoran Ministry of Education is implementing this project in cooperation with an independent organization.
The goal of this project is to instruct students, especially in public schools, on how to use Bitcoin and to gain a deep understanding of its economic and technological impact.

Crypto asset manager Grayscale urged the Securities and Exchange Commission (SEC) to quickly approve a bitcoin exchange-traded fund (ETF) in a letter sent to the federal agency on Tuesday.
It comes after a three-judge panel of the US Court of Appeals for the D.C. Circuit ruled last week that the SEC was wrong to reject Grayscale's proposed bitcoin ETF without adequately explaining its reasons.

Regulators in the state of Rhode Island have granted the
This license is an essential legal requirement for financial companies that send and receive money on behalf of clients, whether the assets used are paper or digital.
The new license was approved by Rhode Island regulators on August 28, based on the National Multistate Licensing System (NMLS).

The market capitalization of the USDC stablecoin is currently at a two-year low, with analysts saying it has yet to fully recover following the de-pegging earlier in the year.
Data from CoinGecko shows that the USDC market value is just over $26 billion. This is its lowest level since July 2021, when it reached $25.1 billion.
The stablecoin remains the sixth largest cryptocurrency by market capitalization. But it has fallen further behind, in terms of dominance, than its biggest competitor. Tether (USDT), which is currently valued at $82.7 billion.