The US Vice President and Democratic candidate made her first comments on cryptocurrencies and digital assets at a recent event held in Manhattan, New York. This and more news in this handy daily digest so you're always up to date with the latest events happening within the crypto world.
Kamala Harris spoke about the inclusion of digital assets in the US economy
📍The US Vice President addressed the cryptocurrency industry, revealing plans to incorporate digital assets into the American economy. According to cryptocurrency investor Scott Melker, the vice president and Democratic candidate made her first direct comments on cryptocurrencies and digital assets at a recent event on Wall Street, marking the candidate's last scheduled public appearance in New York City before the election, scheduled for November.
During the event, Harris mentioned her interest in fostering an “economy of opportunity” for Americans, based on the innovation offered by emerging technologies such as cryptocurrencies, digital assets and artificial intelligence.
According to Melker, the candidate has pledged to foster the growth of these sectors and create an enabling environment for different digital asset and AI companies to come together and thrive. The goal, according to Harris, is to invest in the competitiveness and future of the United States.
While Harris' stance on cryptocurrencies is not entirely clear to industry participants, other reports indicate that the Democratic candidate is collaborating with experts to shape new policies and regulations that encourage innovation and development, while ensuring the safety and security of users and investors.
Anthony Scaramucci, investment expert, former White House communications director and founder of SkyBridge Capital, said He told CNBC that he and a group of crypto advocates are working with Harris on formulating her campaign policies on digital assets. According to Scaramucci, this collaboration is yielding positive results for the crypto industry and the country.
Scaramucci also expressed his appreciation for former President Donald Trump's change of stance, who now recognizes the importance of cryptocurrencies and digital assets in ensuring the development and growth of the country. However, he stressed that he wants policies surrounding cryptocurrencies to be free of partisan conflicts and instead maintain a bipartisan standard.
Google launches Ethereum-compatible RPC service
📍The Internet giant announced the launch of the blockchain Remote Procedure Call (RPC) service, which is compatible with the main smart contract blockchain. In a blog post, Google Cloud announced the launch of Blockchain RPC, a service that will allow Web3 developers to scale their applications and projects more quickly and securely.
The company he highlighted that its new service will provide blockchain application developers with “a simplified way to interact with blockchain data,” offering a cost-effective and scalable solution to minimize the complexities related to managing node infrastructure. Through this service, Google is reinforcing its commitment to the development of Web3.
At the moment, Blockchain RPC only supports the Ethereum blockchain. However, Google Cloud has announced plans to expand this new service to several additional chains next year.
Crypto whales start accumulating XRP
📍Over the past week, cryptocurrency whales have accumulated a significant amount of XRP, Ripple's cryptocurrency. According to data shared by cryptocurrency analyst Ali Martinez, over the past 10 days crypto whales have acquired a large amount of XRP, accumulating over $228 million worth of the cryptocurrency.
In total, Martinez reported that 380 million XRP moved to whale addresses this week, increasing total whale holdings to over 7.170 billion XRP.
According to data from CoinMarketCap, the XRP price has risen almost 5% in the last 7 days, trading at around $0,5937 per unit.
TON, one of the fastest growing blockchains in 2024
📍Several metrics position The Open Network (TON) as one of the fastest growing blockchains this year. A recent report published by Bitget highlighted that key metrics in the blockchain world, such as TVL (Total Locked Value), transaction activity and volume on decentralized exchanges (DEX), grew exponentially on TON this 2024, surpassing other blockchains by up to 1.000%.
To date, the TON ecosystem has nearly 1.200 decentralized applications in development, as well as an impressive user base, supported by the Telegram community, which exceeds 900 million users worldwide.
In terms of market capitalization, TON entered the Top 10 most capitalized cryptocurrencies, with a market value of over $14.300 billion at the time of writing.
Increased investor interest in Bitcoin
📍The market's leading cryptocurrency continues to attract massive investors, VanEck noted in a recent report. The investment management company stressed that investor interest in Bitcoin has not waned, despite the volatility of the cryptocurrency's price on the market. On the contrary, the firm noted that investors are increasingly interested in Bitcoin, noting a significant growth in the adoption and use of the cryptocurrency compared to the previous year.
According to VanEck, the arrival of Bitcoin spot ETFs has been key in increasing investor interest in BTC. The firm also stressed that, in the past year, the price of Bitcoin has returned 36%, as of September 16, 2023. Due to this, the leading cryptocurrency is positioned as one of the highest-performing investment assets, compared to almost all other major asset classes existing in the market.
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