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A new poll conducted by consultancy company McLaughlin and Associates suggested that issues related to digital assets could have a significant impact on the 2026 US midterm elections.According to the results of a survey released on Wednesday by the crypto advocacy organization Digital Chamber, the majority of a group of 800 respondents — 64% — said candidates’ positions on cryptocurrency were “very important” when considering whether they would vote for them. While 38% of the respondents said they identified as Democrats, 37% of the group said they would trust Republican candidates more to advance crypto policies. “As redistricting continues to reshape…
The United Kingdom is weighing measures that could compel Apple to provide access to some iCloud data, raising a precise question for crypto users who keep wallets on iPhones and Macs.If device backups and common file stores lose end-to-end protections in the UK, seed phrases and private key material can more easily move from a user’s device into locations where lawful process, or a Technical Capability Notice, can reach them.UK authorities issued a renewed Technical Capability Notice to Apple focused on iCloud access for UK accounts. Apple has not commented on that order.The Home Office has not commented on individual…
Part of the project’s long-planned post-FTX comeback, the token will have 20% of its circulating supply allocated to former Mercurial stakeholders.Meteora, a decentralized liquidity protocol, has unveiled tokenomics for its upcoming token, MET. The MET token generation event (TGE), scheduled for Oct. 23, is part of the team’s broader “Phoenix Rising Plan,” marking what it describes as a clean start after its rebrand from Mercurial, a long-planned move made to distance itself from the collapse of FTX.In a blog post on Tuesday, Oct. 7, the Meteora team unveiled its so-called “Liquidity Generation Event,” which turns all early supporters and partners…
Ripple’s XRP appears to be gearing up for a potential breakout after forming a bullish flag pattern on the daily chart. This setup could propel the token 15% higher in the near term.On-chain data confirms traders’ optimism. However, caution is advised in the short term. A key technical indicator suggests a possible near-term dip before the next major leg up.Sponsored SponsoredXRP’s Bullish Flag Signals 15% UpsideA bullish flag pattern has emerged on the XRP/USD daily chart. The altcoin has repeatedly attempted to close above the upper line of the “flag-like” side of this pattern over the past six trading sessions,…
The U.S. state of North Dakota is joining the stablecoin trend, with state-owned Bank of North Dakota teaming up with payments infrastructure giant Fiserv (FI) to launch a U.S. dollar-backed token aimed at financial institutions across the state.The token, dubbed “Roughrider Coin,” is expected to roll out next year and will run on Fiserv’s digital asset platform and plug into its white-label FIUSD system, a stablecoin network designed for regulated banking environments.The token is aimed to “increase bank-to-bank transactions, encourage global money movement and drive merchant adoption,” the firms said in a press release.The news follows Fiserv’s June entrance with…
PANews reported on October 8th that Bloomberg News reported that North Dakota plans to launch a stablecoin, “Roughrider Coin,” in 2026. The state may become the second US state to issue a state-level stablecoin, following Wyoming. The stablecoin will reportedly be fully backed by US dollars and initially used for financial transactions such as loan originations, overnight borrowing, and construction financing between banks and credit unions within the state. The issuance will be led by the Bank of North Dakota and partnered with Fiserv, which will leverage the technology platforms of Paxos and Circle.
Exploring the specific identification method in accounting provides a detailed insight into one of the key inventory valuation techniques used by businesses today. As companies seek accuracy in financial reporting, understanding the nuances of this method becomes essential. This article delves into the fundamentals, applications, comparisons with other methods, benefits, and challenges associated with the specific identification method. Understanding Specific Identification Method Basics The specific identification method in accounting is a precise inventory valuation technique that tracks each individual item in inventory. This method requires businesses to identify and assign costs to specific inventory items based on their acquisition or…
Square, the merchant services arm of Block Inc., has launched Square Bitcoin, a fully integrated BTC payment and wallet solution built directly into its commerce platform. Notably, the product allows local businesses to accept BTC payments at checkout, automatically convert part of their daily sales into Bitcoin. Simplifying Bitcoin for Everyday Businesses This rollout is part of Square’s biggest update to its food and beverage platform, which also includes AI tools, voice ordering, and delivery features. Meanwhile, the Bitcoin tools represent a major step toward founder Jack Dorsey’s goal of bringing decentralized finance to small businesses.- Advertisement – With this…
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.In this issue:BTCFi’s Big Problem: 77% of Bitcoin Holders Haven’t Even Tried It, Says SurveyEthereum’s Fusaka Upgrade Passes Holesky Test, Moves Closer To MainnetDoubleZero Mainnet Goes Live With 22% of Staked SOL on BoardBee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping NetworkNetwork NewsBITCOIN HOLDERS HESITANT TO EXPLORE BTC DEFI : Bitcoin decentralized finance (DeFi), also known as BTCFi, has been touted as the next wave of innovation for the world’s largest cryptocurrency. However, research suggests bitcoin holders…
HBAR exhibited notable resilience in the 24-hour period between Oct. 7 and Oct. 8, climbing roughly 2% from session lows near $0.22 to settle around the same level. The token traded within a tight range, repeatedly testing support and resistance at $0.22. Despite a steep decline in trading volume—from 138.43 million to 19.74 million tokens—HBAR maintained a steady consolidation pattern, hinting at reduced short-term participation but a stable accumulation phase.Momentum built decisively during the final hour of trading, when HBAR broke out of its compressed formation between 13:12 and 14:11 UTC on October 8. After briefly retreating to an intraday…
