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A group working with the Digital Agency of Japan has published a white paper on the possible effects and applications of Web3, blockchain, and decentralized technology on the economy and political systems of Japan.
The Japan Web3 whitepaper outlines the need to create regulatory proposals for everything from nonfungible tokens (NFT) to decentralized autonomous organizations (DAO) to circumvent the regular bureaucratic procedures. The Whitepaper specifically urges the Japanese administration to "show leadership" in the cryptocurrency industry, which the G7 countries intend to discuss during this year's summit.
Meanwhile, the Ripple vs. SEC issue heats up the coin's performance as new findings come to light along with Cardano's ADA. Lastly, Signuptoken.com, a De-Fi entrant focusing on the Web 3 ecosystem, completes 4K email signups.
The dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple has taken a new turn after financial regulator specialists said that the prices of Bitcoin and Ethereum influenced XRP 90% of the time.
This is in direct contrast to the SEC narrative that Ripple was directly responsible for the performance of XRP, Ripple's coin. The SEC had alleged in its motion for summary judgement that Ripple had taken several actions to promote the price of XRP. The regulator merely wanted to demonstrate that XRP buyers and holders expected to profit from Ripple's efforts, but failed to demonstrate that the action was successful.
Ripple's cross-border payments service helps business customers transfer funds instantly, 24/7/365, between different countries and currencies. Ripple XRP witnessed a 37.30% rise on the monthly chart and a 48.87% rise on a YTD basis.
Cardano (ADA) whales are on a shopping spree, amassing 560 million ADA tokens across addresses with 100 million and 1 billion ADA in the last two weeks.
More than 51% of ADA investors are long-term holders and have held their investments for more than a year. 7% of people bought their tokens less than a month ago, while 42% bought their assets between one and twelve months ago.
The Cardano network now has more than 4 million addresses in total. 2.2 million of these addresses have balances that are not zero.
Cardano witnessed a monthly rise of 23.89% and has risen over 55.38% on its yearly chart, signalling a huge growth horizon in 2023.
In just a few weeks, Signuptoken.com amassed close to 4,000 email subscribers. The latest De-Fi entrant plans to launch on UniSwap. once they cross the subscriber limit of 1 million.
Signuptoken.com made news with its innovative business plan. And it is probably the reason why their popularity is gradually rising. Signuptoken.com has abandoned the ICO fundraising option entirely, unlike the majority of cryptocurrencies that give potential investors a dangerous presale option.
Innovative projects like Signuptoken.com only demand an email address from users to notify them when they are live. This allows investors the opportunity to be innovative without the dangerous ties that frequently involve a presale investment.
The year 2023 began on a bullish note with the rise of Bitcoin and Ethereum. The crypto industry revived from its former bloodshed, and coins like Ripple and Cardano saw a significant increase in their prices. The industry also saw the rise of innovative tokens like Signuptoken.com, which has the power to awaken the De-Fi arena with its unique email-based approach to investing.
Website: https://www.signuptoken.com
Twitter: https://twitter.com/_SignUpToken_
Telegram: https://t.me/SignUpToken
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