Elon Musk has reiterated his support for Dogecoin’s inflation model, praising its predictable, flat inflation rate as a positive feature. The discussion sparked after Dogecoin co-creator Billy Markus suggested the possibility of altering Dogecoin’s inflation, which Musk countered by highlighting its advantages as a stable, user-friendly currency.
The global banking network SWIFT is set to pilot live transactions involving digital currencies and tokenized assets next year, marking a significant leap in integrating these assets into mainstream finance. This move aims to streamline trading by using blockchain-based tokens to represent traditional assets like bonds, leading to faster, cheaper, and more efficient transactions.
Barclays analysts believe that the current forecast of USD 90/bbl for Brent fair value in 2023 is likely to face upward pressure. Meanwhile, Venezuela is embracing digital currency, particularly Tether, to avoid having its oil revenues frozen in foreign bank accounts.
Over the past 24 hours, Render’s (RNDR) price has risen by 5.65%, bringing it to $9.27. This follows a positive trend over the past week, during which it experienced a 4.0% gain. The coin’s current price is still below its all-time high of $13.53.
