Happy Friday, Happy Folks,I hope you’ve had a productive, happy week.

Let’s delve into Friday’s feast.

• 🃏 MicroStrategy's Bitcoin Ordinals Bet

• 🗽 Stablecoin Giants Lobbying

• 🚃 Ripple Joins CBDC Bandwagon

🃏MicroStrategy Eyes Bitcoin Ordinals: A Potential Game Changer?

In an exciting twist at Bitcoin 2023 in Miami, Michael Saylor, MicroStrategy's CEO, announced the company's interest in Bitcoin Ordinals. 

This new protocol, akin to a well-constructed scaffolding, could allow developers to erect a variety of applications atop Bitcoin's blockchain.

Still in its infancy, Ordinals can store data unrelated to transactions, contracts, identities, and more on the Bitcoin blockchain. 🛂

This novel protocol allows businesses to create secure, efficient applications, making Bitcoin more versatile and valuable.

Luminaries like Jimmy Song and Rusty Russell have lauded Ordinals. 

While still in the development phase, Bitcoin Ordinals could lay the groundwork for a new generation of decentralized applications if it hits its stride. 🏃‍♀️

A possible game changer for Bitcoin's ecosystem.

Why Should You Use Kraken Exchange?

Kraken is a popular cryptocurrency exchange that offers a wide range of features and services. Some of the reasons why people choose to use Kraken include:

• Strong Security

• High Liquidity

• Competitive Fees

• Excellent Customer Support

• Great Educational Resources

You can easily buy crypto with Credit and debit cards along with bank/wire transfers.You can either sign up on the Kraken website or download their iOS or Android mobile app for your smartphone.

🗽 Tether and Circle Lobby Congress: A Stablecoin Regulatory Push

Stablecoin issuers Tether and Circle, like players angling for an advantage on a regulatory battleships board, are lobbying the US Congress for a structured regulatory framework. 

Both have hired heavyweight law firms to advocate on their behalf. ⚖️

They argue that stablecoins, digital currencies tethered to a stable asset, are safe and efficient ways to store and transfer value. 

Potential use cases range from facilitating payments and cryptocurrency investments to tax payments.

However, not everyone's sold. 

Some lawmakers harbor concerns about potential misuses, like facilitating money laundering, hence their push for regulatory oversight. 🦹‍♂️

With the endgame unclear, one thing's certain—stablecoin regulation is a top priority for Tether and Circle as they strive to shape the rules of this new game.

The future is bright. The future is stable!

🚃 Ripple's Hong Kong Venture: A CBDC Pilot Program

Ripple Labs, the company behind XRP, is diving headfirst into the world of Central Bank Digital Currencies (CBDCs) like a seasoned swimmer in Hong Kong's Victoria Harbour.

They've announced participation in a pilot program led by the Hong Kong Monetary Authority (HKMA) to provide their expertise.👩‍✈️

The XRP Ledger boasted impressive Q1 2023 growth, processing over 10 billion transactions, a leap from 8 billion in the previous quarter. 📈Nice!

Factors driving this surge include wider XRP adoption and the soaring demand for decentralized finance (DeFi) applications.

All in all, Ripple's actions reflect a clear goal - broadening the adoption and utility of these transformative technologies.

Ripple doesn’t seem at all phased by the SEC!

DailyCoin Daily Meme

What Coinbase’s New Subscription Service Offers

The tough regulatory environment in the U.S. has had a negative effect on centralized exchanges like Coinbase. However, the second-largest...

Cardano Lead Researcher Joins the Likes of Einstein and Darwin

Since its inception, Cardano has been driven by a commitment to academic rigor and scientific principles, standing out as one of the leading...

XRP Price Soars 55.5% in Q1 as XRPL Activity Booms

In the realm of the XRP Ledger (XRPL), the initial quarter of 2023 has exhibited substantial activity, as per a recent report by Messari. From a surge...

Thanks for joining us!

If you're hungry for more, there's always 

our website

.

See you next time for more crypto fun!