Category: The Ledger Edge
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Digital Finance Reform Could Add Billions to Australia’s Economy, New Research Shows – Decrypt
New research shows digital finance innovation could boost Australia’s GDP by 1%, with foreign exchange markets offering a $4.6 billion opportunity. Regulatory reform and industry collaboration are key to unlocking these gains.
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XRP to Seize 14% of SWIFT’s Payment Volume in 5 Years, Predicts Ripple CEO – Featured Bitcoin News
Ripple’s CEO predicts XRP will capture 14% of SWIFT’s cross-border payment volume within five years, citing its growing liquidity and efficiency in global finance.
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‘iPhone Moment’ For Stablecoins Is Coming Soon, Circle CEO Claims
Circle CEO Jeremy Allaire predicts a major shift for stablecoins, likening it to the iPhone’s impact. Major retailers like Walmart and Amazon are exploring stablecoins, while Shopify plans USDC integration. Developers await better tools and regulations for wider adoption.
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How US Firms and Small Businesses Are Increasing Crypto Adoption: Coinbase Research
Coinbase research shows increasing crypto adoption by US firms and SMBs, with stablecoin use growing. F500 companies are investing in blockchain initiatives, while regulatory clarity remains key for further growth.
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Bitcoin-backed loans open the real estate market to crypto-rich, tax-free
Bitcoin-backed loans enable crypto holders to buy real estate without selling BTC or incurring capital gains taxes. These loans offer flexibility, fast funding, and no credit checks, using BTC as collateral.
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Miner Weekly: American Bitcoin’s 25 EH/s Dream Rests on Chinese Hardware – Bitcoin News
American Bitcoin Corp (ABTC), backed by Trump associates, aims for 25 EH/s mining capacity using Chinese hardware as it prepares to go public.
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Walmart, Amazon and Other Multinational Giants Considering Issuing Stablecoins: Report – The Daily Hodl
Walmart, Amazon, and other major companies are exploring issuing their own stablecoins to reduce transaction fees, pending regulatory developments like the GENIUS Act.
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Cryptocurrency Remittances Spike 40% in Latin America – Crypto News Bitcoin News
Cryptocurrency remittances in Latin America surged 40% in 2024, driven by growing adoption and stablecoin usage, according to Chainalysis and AUSTRAC.
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Amazon signs nuclear energy deal to power AI data centers
Amazon signed a deal with Talen Energy for 1,920 MW of nuclear power to fuel its AI data centers in Pennsylvania until 2042, reflecting the growing energy demands of AI infrastructure.
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Will VeChain’s Galactica Mainnet Launch Propel VET Above $0.035 Resistance? News ETHNews
VeChain’s Galactica mainnet and Hayabusa StarGate staking launch on July 1, aiming to boost infrastructure and real-world asset integration despite VET’s recent price decline and mixed market sentiment.
