Joseph Chalom Champions Ethereum for Institutional Digital Finance

Cardano could reach ambitious price milestones if its market capitalization expands into the $100 billion to $500 billion range. Like most tokens, Cardano (ADA) has experienced choppy price action in recent days, mirroring the performance of the broader cryptocurrency market.Visit Website

PANews reported on November 12th, citing CoinDesk, that the Central Bank of Brazil's latest cryptocurrency regulations clarify the operating methods, required capital amounts, and legal handling of international cryptocurrency transactions for crypto companies. Some of the central bank's regulations, including capital requirements and time limits, have been criticized by the cryptocurrency industry. The Central Bank of Brazil stated that companies in the industry must hold at least 10.8 million reais (US$2 million) in capital. Depending on the type of business, some companies must hold at least 37.2 million reais. This figure is significantly higher than the 1 million to 3 million reais proposed during the public consultation phase. Companies that fail to meet compliance deadlines (including demonstrating capital levels, cybersecurity controls, customer due diligence practices, and risk assessments) will be prohibited from operating. Foreign companies operating in Brazil must establish a local entity and transfer their business under that structure. Previous reports indicated that Brazil would expand its financial sector regulation to include cryptocurrency service providers .

The post Solana’s (SOL) Recent Rally May Impress, But Investors Targeting Life-Changing ROI Are Looking Elsewhere appeared on BitcoinEthereumNews.com. Solana’s (SOL) latest rally has attracted investors from all over, but the bigger story for vision-minded investors is where the next surges of life-altering returns are heading.  As Solana continues to see high levels of ecosystem usage and network utilization, the stage is slowly being set for Mutuum Finance (MUTM).  MUTM is priced at $0.035 in its fast-growing presale. Price appreciation of 14.3% is what the investors are going to anticipate in the next phase. Over $15.85 million has been raised as the presale keeps gaining momentum. Unlike the majority of the tokens surfing short-term waves of hype, Mutuum Finance is becoming a utility-focused choice with more value potential and therefore an increasingly better option for investors looking for more than price action alone. Solana Maintains Gains Near $234 As Speculation Persists Solana (SOL) is trading at $234.08 currently, holding its 24hr range around $234.42 to $248.19 as it illustrates the recent trend. The token has recorded strong seven-day gains of nearly 13%, far exceeding most of its peers, as it is supported by rising volume and institutional buying. Resistance is at $250-$260, and support appears to be at $220-$230, and thus these are significant levels for potential breakout or pullback.  However, new DeFi crypto Mutuum Finance, is being considered by market watchers to have more upside potential, being still in presale.  Mutuum Finance Phase 6 Presale Mutuum Finance is currently in Presale Stage 6 and offering tokens for $0.035. Presale has been going on very fast, and investors have raised over $15.85 million. The project also looks forward to a USD-pegged stablecoin on the Ethereum blockchain for convenient payments and as a keeper of long-term value. Mutuum Finance is a dual-lending, multi-purpose DeFi platform that benefits borrowers and lenders alike. It provides the network to retail as well as…