TheDinarian
News • Business • Investing & Finance
? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
Interested? Want to learn more about the community?
šŸ‘€ Crypto Capo Chimes In With A New Ethereum Forecast šŸš€

Forecasts Give You a Plan. Adaptability Makes You Win.

In trading, just like in life, weā€™re always trying to predict whatā€™s next. Itā€™s normalā€”we look at trends, patterns, and past moves to make decisions about the future. But hereā€™s the thing: predictions are only as good as the data backing them up. And when that data changes, sticking to an old prediction can wreck you.

Think of it like this: youā€™ve had several days of perfect weather. Based on that, you assume tomorrow will be the same, so you plan a beach trip. Makes sense, right? But when you wake up, the sky is dark, the air smells humid, and it looks like itā€™s about to pour.

Do you ignore whatā€™s right in front of you just because you expected sunshine? Or do you adapt and switch plans?

Thatā€™s exactly how markets work. A trend might look strong, everything might point in one direction, and your forecast might seem solid. But when things shift, you either adjust or get stuck in your bias.

The biggest trap in trading isnā€™t being wrongā€”itā€™s refusing to accept when the situation has changed.

Iā€™ve seen it happen over and over again, and Iā€™ve fallen for it myself too. We all do at some point. Itā€™s part of the experience. The moment you get emotionally attached to a prediction, your bias kicks in. You start looking for reasons to be right instead of reassessing the situation. You hold on, thinking the market must follow your plan. And thatā€™s when things go wrong.

This is why mindset matters more than strategy.

You can have the best strategy out there, but if you canā€™t stay flexible, it wonā€™t save you. The market doesnā€™t care about your expectations. You either adapt, or you get left behind.

Final thoughts:

Predictions are useful. They give us a framework to operate in. But adaptability is what keeps you in the game.

Mindset has always been my main focus, and Iā€™ve developed a strong one over the years. Moving forward, Iā€™ll be sharing more about it (including books, posts like this...), along with health and well-being, because it all plays a role in trading performance and also in life.

post photo preview
Interested? Want to learn more about the community?
What else you may likeā€¦
Videos
Podcasts
Posts
Articles
šŸš€ XRP WALLET Xaman 4.0 is here!

šŸš€ Xaman 4.0 is here! A major update with:

šŸ”¹ Seamless swaps ā€“ any asset, any time
šŸ”¹ 10x faster onboarding ā€“ start in seconds
šŸ”¹ Blazing performance
šŸ”¹ Opt-in push notifications ā€“ stay updated instantly
šŸ”¹ And much more!

Watch now ā¬‡ļø

00:00:31
šŸ’²Ripple: Onchain finance is herešŸ’²

What is your custody strategy?

From tokenized RWAs to stablecoins, institutions are embracing cryptoā€”but security, compliance, and seamless access are critical.

Explore how Ripple Custody delivers enterprise-grade security for the new financial era: https://ripple.com/insights/digital-asset-custody/

00:01:27
This Guy ABSOLUTELY nails it... šŸ˜‰

šŸŽ¤ Drop Moment here. #BTC #Bitcoin

00:00:48
šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

The future of Crypto x AI is about to go crazy.

šŸ‘‰ Hereā€™s what you need to know:

šŸ’  'Based Agent' enables creation of custom AI agents
šŸ’  Users set up personalized agents in < 3 minutes
šŸ’  Equipped w/ crypto wallet and on-chain functions
šŸ’  Capable of completing trades, swaps, and staking
šŸ’  Integrates with Coinbaseā€™s SDK, OpenAI, & Replit

šŸ‘‰ What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto šŸ‘‰txns done by AI agents by 2025

šŸšØ I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading
It appears that THETA is working on something HUUUUUGE for AI

It appears that THETA is working on something HUUUUUGE for AI applications via "Hybrid Edge Computing" to bypass traditional Cloud Service Providers like AWS, Goolge, and Azure, by providing:
āœ” Low-latency
āœ” Decentralized computing
āœ”Stability - Performance
āœ”Security
āœ”Automation
āœ”Scalability

Additionally, bare metal installation will allow USB stick deployments minimizing errors.

Running Theta Edge nodes on Ubuntu 22.04+ (bare metal) offers security, performance, and automation benefits, making it an ideal choice for scalable and efficient IoT deployments within the Theta Network.

Ubuntu 22.04+ for Stability & Security
Theta Edge nodes can run on Ubuntu Linux 22.04 or above on a bare metal installation to take advantage of enhanced stability, security, and performance.

Better Performance than Virtualization
Running on bare metal improves reliability and reduces overhead compared to virtualized environments.

Automation for Efficient Deployment
Using cloud-init and USB sticks, ...

šŸ’„šŸ’„šŸ’„š—„š—¶š—½š—½š—¹š—² š˜… š—¦š˜š—²š—¹š—¹š—®š—æ š˜… š—Ø.š—¦. š——š—²š—½š—®š—暝˜š—ŗš—²š—»š˜ š—¼š—³ š˜š—µš—² š—§š—暝—²š—®š˜€š˜‚š—暝˜†šŸ’„šŸ’„šŸ’„

As a reminder, of what you hold, and IF YOU DON'T WELL... šŸ˜‰

@Ripple & @StellarOrg at a roundtable discussion alongside Nellie Liang, under-secretary for domestic finance, U.S. Department of the Treasury. šŸ˜ŽšŸ‘‡šŸ¼

šŸ—“ Washington DC, April 23, 2024

šŸ”øDiscussion on the technical and regulatory requirements for upgrading the legacy capabilities of central bank money.

šŸ”øExploring the potential implications for consumers, investors, and businesses.

šŸ”øThey also delved into the long-term vision for the integration of CBDCs, tokenization, and #stablecoins into the broader US financial ecosystem, including potential benefits for economic growth and resilience.

post photo preview
šŸ¦ Bank of International Settlements discusses the three key characteristics needed for a third-party currency for cross-border payments šŸ¦

In this video, the Bank of International Settlements discusses the three key characteristics needed for a third-party currency for cross-border payments:

1. Messaging/Payment Interoperability ā€“ XRP addresses this through ISO 20022 compliance, ensuring seamless communication between different payment systems.āœ…

2. Sufficient Liquidity for Cross-Border Payments ā€“ XRP meets this need by providing access to unlimited liquidity, ensuring efficient and fast transactions across borders.āœ…

3. Global Cross-Jurisdictional Interoperability ā€“ XRP achieves this through its established professional relationships with internationally regulated financial entities, ensuring smooth operation across multiple jurisdictions.āœ…

These are the very traits that make XRP the best candidate to address the needs outlined by the BIS for global payment systems.šŸ’Ž

Listen very closely.šŸ’Æ

https://x.com/SMQKEDQG/status/1899451151600242907

post photo preview
šŸšØSEC’s Dirty Tactics Exposed: Could VERI Token Be Poised for a Breakout?šŸšØ
šŸšØSPECULATIONšŸšØ

The SECā€™s so-called "protection" of retail investors has done more harm than good, forcing speculation rather than allowing utility tokens to function as intended. But with the SECā€™s tactics now under scrutiny and long-awaited regulatory clarity emerging, the game is changing.

Thatā€™s why I just made a video diving deep into the great-grandfather of all utility tokens: the VERI Tokenā€”and speculating the hell out of it. Letā€™s run some numbers.

Market Cap Comparisons: Where Could VERI Go?

If we apply the market caps of major cryptos to VERIā€™s ultra-low 2.16 million token supply, we get some jaw-dropping figures:

  • XRP Market Cap / VERI Supply
    $150,685,407,710 Ć· 2,160,000 = $55,695.40 per VERI
  • ETH Market Cap / VERI Supply
    $265,678,224,163 Ć· 2,160,000 = $104,732.50 per VERI
  • BTC Market Cap / VERI Supply
    $1,764,865,971,748 Ć· 2,160,000 = $752,952.91 per VERI

What Could Send VERI Parabolic?

If the SEC case is vacated, VERIā€”backed by 2.16 million tokens and Veritaseumā€™s patentsā€”could become a prepaid fee token for:

āœ… VeADIR (Decentralized AI-driven investment research)
āœ… VeRent (Tokenized asset rental and lending)
āœ… VeTokenization (Asset tokenization across multiple sectors)
āœ… VeResearch (On-chain research monetization)

But it gets better.

The PTABā€™s rejection of Coinbaseā€™s IPR, combined with ETH/SOL infringement claims and the PPE White Paper, could force BTC, ETH, XRP, and ADA into licensing agreementsā€”potentially pushing VERI into the $6,000ā€“$150,000 range.

And if VeriDAOā€™s massive $1.6 quadrillion asset tokenization vision takes off? We could be looking at $740,000ā€“$740 million per VERI.

Now, these are just speculative price points, but the numbers highlight one thing: VERIā€™s upside potential is insane if adoption and legal clarity align.

If the SEC case is vacated, VERIā€”tied to 2.16 million tokens and Veritaseumā€™s patentsā€”could soar as a prepaid fee token for VeADIR, VeRent, VeTokenization, and VeResearch.

The Bottom Line

The setup is primed. Success hinges on three key factors:

1ļøāƒ£ Legal victories over regulatory hurdles
2ļøāƒ£ Adoption of Veritaseumā€™s technology and patents
3ļøāƒ£ Traction of the prepaid fee model in the tokenization space

If these pieces fall into place, VERI could be one of the biggest sleepers in the crypto market.

Are you watching this play unfold? šŸš€

Success hinges on legal victories, adoption, and the prepaid modelā€™s traction, but the setup is primed for a breakout.

Original Post by @SovereignRiz

Read full Article
post photo preview
RLUSD & XRP Analytics & Insights on RWA.xyz

Rippleā€™s RLUSD and XRP Ledger Data Now Available for Institutional Insights on RWA.xyzĀ 

RWA Tokenization is Acceleratingā€”And the XRP Ledger is at the Center

The tokenization of real-world assets (RWAs) is no longer just a conceptā€”itā€™s happening now. Billions of dollarsā€™ worth ofĀ RWAsĀ have already been tokenized and projections estimate the value of tokenized assets could reach $16 trillion by 2030. Public blockchains like theĀ XRP Ledger (XRPL)Ā are central to institutionsā€™ ability to bring traditional financial assets onchain. They not only deliver operational efficiency but also enhanced security, verifiable trust, and revenue-generating opportunities.

Tracking this growth,Ā RWA.xyzā€”the leading analyticsĀ platform for RWA tokenizationā€”has now integrated XRPL, enabling live insights into tokenized assets,Ā stablecoins, and network performance data. Through this collaboration with RWA.xyz, institutions, developers, and investors can access real-time analytics on XRPLā€™s expanding role in the RWA ecosystem.

Bringing Regulated Assets Onchain with Ripple and the XRPL

As institutions recognize the limitations of traditional financial infrastructure, they are increasingly exploring blockchain technology as a faster, more transparent way to bring real-world assets onchain. The XRPL is emerging as a key blockchain in this shift thanks to:

  • Efficient, low-cost transactions for tokenized financial products

  • Built-inĀ compliance featuresĀ to support regulated institutional use cases

  • Scalability and liquidity tools for RWAs such as stablecoins, commodities, and money market funds

Ripple is driving this evolution by developingĀ institutional DeFi innovationsĀ for the XRPL, providing institutions with the featuresā€”such as compliance and programmabilityā€”needed to tokenize financial assets effectively. As a one-stop shop for digital asset infrastructure, Ripple also provides key services such as custody, payments, and stablecoin solutions likeĀ Ripple USD (RLUSD)ā€”helping institutions seamlessly move real-world value onchain in the multi-trillion-dollar digital asset economy.

By integrating the XRPLā€™s network analytics, tokenized treasuries, and RLUSD stablecoin data into its platform, RWA.xyz now provides a single source of truth for tracking the adoption of real-world assets onchain.

Whatā€™s Live on RWA.xyz

RWA.xyz serves as a central hub for tracking, analyzing, and understanding the onchain financial landscape. The platform aggregates key metrics directly from issuers across multiple blockchains, providing institutions, investors, and developers with the data needed to assess market activity, asset performance, and adoption trends.

With the XRPL now integrated into RWA.xyz, users can explore real-time insights across multiple categories of tokenized assets and blockchain activity, including:

  • Network performance & liquidityĀ ā€“ Transaction volumes, settlement speeds, and liquidity on the XRPL compared to other blockchains.

  • U.S. tokenized treasuriesĀ ā€“ Issuance trends, total value locked (TVL),Ā  and yield metrics for tokenized government bonds and money market funds.

  • Stablecoin activityĀ ā€“ RLUSDā€™s market cap and the market cap for stablecoins issued on the XRPL.

RWA Tokenization Growth is Happeningā€”And XRPL is Driving Institutional Adoption

It is still early days for the tokenized finance market, both on the XRPL, and more generally, yet adoption is accelerating.

The XRPL already powers stablecoins, tokenized treasuries, money market funds and moreā€”and now, with live tracking on RWA.xyz. The XRPL is emerging as a prominent public blockchain for tokenizing global financial assets, with institutional-grade issuances already live and coming onchain:

  • Archax (UK)Ā ā€“ As the first FCA-regulated digital asset exchange and custodian, Archax has brought abrdnā€™s Ā£3.8 billion Liquidity Fund (Lux) on the XRPL and is seeing increased tokenization demand from custody customers.

  • Braza Bank (Brazil)Ā ā€“ Braza Bank will issue BBRL, a fully regulated Brazilian real stablecoin on the XRPL, designed to support domestic and international financial transactions with enhanced efficiency.

  • Meld Gold (Australia)Ā -Ā  Meld Gold will issue digital certificates on the XRPL, representing fully backed physical gold and silver for seamless trading and settlement.

  • Ondo Finance (USA)Ā ā€“Ā  A leading RWA issuer, Ondo is bringing tokenized U.S. Treasuries to the XRPL, backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which can be minted and redeemed 24/7 using Ripple USD (RLUSD).

  • OpenEden (Singapore)Ā ā€“ OpenEden is expanding access to tokenized U.S. Treasury Bills on the XRPL, having surpassed $100 million in Total Value Locked (TVL), with Ripple allocating $10 million into its TBILL tokens.

  • SociĆ©tĆ© GĆ©nĆ©rale-FORGE (France)Ā ā€“ SG-FORGE plans to launch its regulated EURCV stablecoin on the XRPL in 2025.Ā 

As institutional adoption expands, RWA.xyz will enhance its XRPL analytics, providing deeper insights into transaction activity, liquidity, and tokenized financial products. With more issuers and asset managers choosing the XRPL, expect an increasing variety of regulated assets, from tokenized treasuries to stablecoins and institutional-grade instruments.

As the RWA market matures, we expect more institutions will move regulated assets onchain, drawn by the XRPLā€™s scalability, compliance-ready infrastructure, and efficient settlement mechanisms. Backed by Rippleā€™s institutional DeFi roadmap, these advancements reinforce the XRPL as a key blockchain for real-world asset adoption. Explore live data onĀ RLUSDĀ and tokenized assets on the XRPL at RWA.xyz, and see why financial institutions choose the XRPL for institutional DeFi.

Source

Read full Article
post photo preview
Crucial Expanded GENIUS Act: US Strengthens Offshore Stablecoins Regulation

In the ever-evolving world of cryptocurrency, regulations are constantly playing catch-up to innovation. A significant development is brewing in the United States that could reshape the landscape ofĀ stablecoins regulation, particularly concerning those operating outside U.S. borders. Senator Bill Hagertyā€™s revised Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) proposal is making waves with its broadened scope, now casting a wider regulatory net overĀ offshore stablecoins. Letā€™s dive into what this means for the crypto world and what changes are on the horizon.

Whatā€™s New in the Revised GENIUS Act and Why Should You Care About Stablecoins Regulation?

According to Fox Business reporter Eleanor Terrett, the updatedĀ GENIUS ActĀ isnā€™t just tweaking the edges; itā€™s significantly expanding its reach. Originally focused on domestic stablecoin issuers, the revised proposal now extends its gaze toĀ offshore stablecoins. But why is this important, and why now?

Stablecoins, cryptocurrencies designed to maintain a stable value (often pegged to the US dollar), have become a cornerstone of the crypto market. They facilitate trading, provide a safe haven from volatile crypto assets, and are increasingly used in cross-border transactions. However, their rapid growth and potential for systemic risk have caught the attention of regulators worldwide. The U.S., a major player in global finance, is keen to establish a robust framework forĀ crypto regulation, and stablecoins are a key piece of this puzzle.

The revisedĀ GENIUS ActĀ is a direct response to these concerns, aiming to bring clarity and control to the often murky waters ofĀ offshore stablecoins. Hereā€™s a breakdown of the key updates:

  • Enhanced Reserve Requirements:Ā The bill mandates detailed requirements for the reserves backingĀ offshore stablecoins. This is crucial to ensure that these digital currencies are truly stable and can withstand market shocks. Think of it like ensuring a bank has enough cash on hand to cover withdrawals ā€“ itā€™s about maintaining trust and preventing collapses.
  • Robust Regulatory Oversight:Ā Expect stricter oversight mechanisms. The act aims to define which regulatory bodies will be responsible for monitoring and enforcing compliance forĀ offshore stablecoinsĀ interacting with the U.S. financial system. This could mean increased scrutiny and potential licensing requirements for offshore entities.
  • Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Measures:Ā In todayā€™s global landscape, preventing illicit financial activities is paramount. The revised act incorporates stronger AML and CTF measures to ensureĀ offshore stablecoinsĀ arenā€™t used for illegal purposes. This aligns with global efforts to combat financial crime in the digital age.
  • Sanctions Compliance:Ā The bill emphasizes adherence to U.S. sanctions.Ā Offshore stablecoinsĀ operating in or with the U.S. will need to demonstrate strict compliance with sanctions regimes, preventing their use in bypassing international law.
  • Liquidity and Risk Management:Ā Beyond reserves, the act delves into broader liquidity and risk management frameworks. This suggests a holistic approach to ensuring the financial soundness ofĀ offshore stablecoins, looking at their operational resilience and ability to manage various market risks.

Why Focus on Offshore Stablecoins? Understanding the US Stablecoin Policy Shift

The expansion of theĀ GENIUS ActĀ to includeĀ offshore stablecoinsĀ reflects a growing recognition that the crypto market is inherently global. Simply regulating domestic issuers isnā€™t enough when digital currencies can easily cross borders. This shift inĀ US stablecoin policyĀ is driven by several factors:

  • Global Interconnectedness:Ā The crypto market is not confined by geographical boundaries.Ā Offshore stablecoinsĀ can and do interact with the U.S. financial system, necessitating a broader regulatory approach.
  • Level Playing Field:Ā By extending regulations toĀ offshore stablecoins, the U.S. aims to create a more level playing field for domestic and international players. This can prevent regulatory arbitrage, where entities might seek to operate outside stricter jurisdictions to avoid compliance.
  • Protecting the US Dollar:Ā Many stablecoins are pegged to the U.S. dollar. Ensuring the stability and integrity of these dollar-linked digital assets, regardless of their issuerā€™s location, is crucial for maintaining confidence in the U.S. dollarā€™s role in the digital economy.
  • Supporting Cross-Border Transactions:Ā While tightening regulation, theĀ GENIUS ActĀ also aims to support legitimate cross-border transactions. The goal isnā€™t to stifle innovation but to create a framework that fosters safe and compliant international use of stablecoins.

What are the Potential Benefits and Challenges of Expanded Crypto Regulation?

The revisedĀ GENIUS Act, with its focus onĀ offshore stablecoinsĀ and broaderĀ crypto regulation, presents both potential benefits and challenges:

BenefitsChallenges
  • Increased Investor Protection:Ā Stronger reserves and oversight can safeguard users from potential stablecoin collapses.
  • Enhanced Market Stability:Ā Better regulation can reduce systemic risks and contribute to a more stable crypto market.
  • Reduced Illicit Activity:Ā AML/CTF measures can curb the use of stablecoins for illegal purposes.
  • Clarity for Businesses:Ā Clear regulatory frameworks can provide businesses with the certainty needed to innovate and operate in the stablecoin space.
  • Maintained Financial System Integrity:Ā Protecting the U.S. dollarā€™s role and preventing regulatory arbitrage strengthens the overall financial system.
  • Compliance Costs:Ā Implementing and adhering to stricter regulations can be costly forĀ offshore stablecoinĀ issuers.
  • Potential for Innovation Slowdown:Ā Overly burdensome regulations could stifle innovation in the stablecoin sector.
  • Enforcement Challenges:Ā Regulating entities operating outside U.S. borders presents significant enforcement hurdles.
  • Global Coordination Needed:Ā EffectiveĀ offshore stablecoin regulationĀ requires international cooperation and harmonization of rules.
  • Unintended Consequences:Ā New regulations could have unforeseen impacts on market dynamics and the broader crypto ecosystem.

Actionable Insights: What to Watch For Next in Stablecoins Regulation

For those in the crypto space, staying informed about these regulatory developments is crucial. Hereā€™s what to keep an eye on:

  • Senate Banking Committee Markup (March 13):Ā As Terrett reported, the Senate Banking Committee is expected to conduct a markup of the bill on March 13. This will be a key event to watch for further details and potential amendments to theĀ GENIUS Act.
  • Industry Reactions:Ā Monitor how crypto industry players, both domestic andĀ offshore stablecoinĀ issuers, react to the revised proposal. Their feedback and lobbying efforts could influence the final shape of the legislation.
  • Global Regulatory Trends:Ā The U.S. isnā€™t alone in grappling withĀ crypto regulation. Pay attention to how other major jurisdictions are approaching stablecoins. International alignment or divergence in regulations will significantly impact the global crypto landscape.
  • Technological Adaptations:Ā As regulations evolve, expect to see technological innovations aimed at facilitating compliance and navigating the new regulatory landscape. This could include advancements in AML/CTF technologies and transparency tools for stablecoin reserves.

Conclusion: A Significant Step Towards Robust Crypto Regulation

Senator Hagertyā€™s revisedĀ GENIUS ActĀ represents aĀ crucialĀ andĀ expandedĀ step towards establishing a comprehensive framework forĀ stablecoins regulationĀ in the U.S., particularly concerningĀ offshore stablecoins. By addressing key areas like reserves, oversight, AML/CTF, and sanctions compliance, the bill aims to create a safer and more stable environment for digital currencies while supporting cross-border innovation. While challenges remain in implementation and global coordination, this legislative push signals a clear direction:Ā crypto regulationĀ is maturing, and stablecoins are at the forefront of this evolution. Keeping a close watch on its progress is essential for anyone involved or interested in the future of digital finance.

Source

Ā 

Read full Article
See More
Available on mobile and TV devices
google store google store app store app store
google store google store app tv store app tv store amazon store amazon store roku store roku store
Powered by Locals