Check out the top three news stories over the past day presented to you by U.Today.
Ripple CTO shares unexpected Satoshi Nakamoto statement
In a recent post on X, Ripple CTO David Schwartz joined the ongoing debate about the true identity of Bitcoin founder Satoshi Nakamoto. The discussion was sparked by a claim from “Ryuushi,” a well-known member of the Bitcoin community, who believes that Craig Wright is the strongest contender for the title. Schwartz responded by pointing out that Wright had a chance to prove his identity during a trial but failed to do so. Schwartz then stated that he was more likely to be Satoshi than Wright. This declaration has fueled speculation about Schwartz’s possible connection to Nakamoto. Some theorists believe that given Schwartz’s extensive background in cryptography, he could be a viable candidate for Nakamoto’s identity.
Major British banks testing tokenized deposits
In the UK, where tokenization is becoming increasingly popular, UK Finance is broadening its initiative to experiment with tokenized deposits. Notable banks taking part in this pilot are Barclays, Lloyds Banking Group Plc, and Citigroup Inc., as well as Mastercard and Visa, major credit card companies. The trial could continue for up to three years before the technology is rolled out commercially. Insights from the initial phase of the experiment will be shared in August of this year. However, there’s ongoing speculation about the fate of a potential digital pound or “Britcoin,” as the Bank of England has been investigating it since 2021 without significant advancement yet.
Bitcoin halving to create massive BTC supply shock: Samson Mow
Samson Mow, the CEO of Jan3 and a well-known Bitcoin advocate, has used X platform to discuss his predictions for the “Omega time” of Bitcoin’s price increase and comment on the approaching Bitcoin halving event. In his X post, Mow explained that recent fear over potential negative developments in the Middle East triggered Bitcoin’s price drop during the weekend, causing turmoil in TradeFi markets. According to Mow, this reaction is unwarranted and will pass soon. Following this, the “Omega time” for Bitcoin will emerge. Regarding the halving event, Mow described it as a catalyst for a significant supply shortage. He emphasized that the current demand shock for Bitcoin is evident with spot Bitcoin ETFs purchasing substantial amounts of BTC since mid-January following the SEC’s approval of ETF trading.
Read More
- LUNC PREDICTION. LUNC cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- USD COP PREDICTION
- BICO PREDICTION. BICO cryptocurrency
- USD ZAR PREDICTION
- VANRY PREDICTION. VANRY cryptocurrency
- USD PHP PREDICTION
- USD CLP PREDICTION
- WQT PREDICTION. WQT cryptocurrency
2024-04-17 20:19