Economic Resilience in Challenging Times In countries like Argentina and Venezuela, Bitcoin has become a lifeline for citizens facing economic turmoil and strict regulations. The International Monetary Fund (IMF) has acknowledged the growing use of Bitcoin in these nations, as individuals leverage it to bypass capital controls and manage their finances. Understanding Bitcoin Transactions The…
Take a Break from the Screens Crypto enthusiasts, it’s time to step away from the screens and embrace the outdoors. While building the future of finance is important, so is our physical and mental health. Health Risks of the Crypto Lifestyle The crypto lifestyle can be unhealthy: late nights, energy drinks, and market stress can…
Floki (FLOKI) Crypto strategist Inmortal believes Floki (FLOKI) is poised for a surge. After recovering support at $0.00015, Inmortal predicts FLOKI could rise above $0.0002. Solana (SOL) Inmortal anticipates a period of consolidation for Solana (SOL) before a drop below $100 in late May. However, he believes SOL will then rally close to $200. Celestia…
Coinbase, the popular cryptocurrency exchange, has added a new altcoin called Karrat (KARRAT) to its platform. Experimental Asset Coinbase has labeled KARRAT as an “experimental asset,” indicating that it is new or has low trading volume. Karrat Protocol Karrat is an AI-focused altcoin project that aims to bring Web3 technology to entertainment, gaming, and AI….
The World Economic Forum (WEF) reports that over 98% of central banks worldwide are actively researching, experimenting with, or implementing central bank digital currencies (CBDCs). Wholesale CBDCs for Interbank Transactions The WEF highlights the potential of wholesale CBDCs (wCBDCs) to address challenges in interbank payments and securities transactions. WCBDCs, designed for large transactions between financial…
Background PayPal’s Blockchain Research Group (BRG) has teamed up with Energy Web and DMG Blockchain Solutions to promote sustainable Bitcoin mining. Bitcoin Mining’s Environmental Impact Bitcoin’s Proof-of-Work (PoW) consensus mechanism consumes significant electricity, leading to carbon emissions. BRG estimates that Bitcoin mining emits over 85 million metric tons of carbon dioxide annually. PayPal’s Proposed Solution…
SEC Overreach and Unclear Rule The Blockchain Association and Crypto Freedom Alliance have filed a lawsuit against the SEC over its new “dealer” rule. They argue that the rule is vague and overly broad, failing to provide clear guidance for crypto market participants. Under the rule, developers of automated software and liquidity providers could be…
Crypto.com, a popular crypto exchange, recently postponed its launch in South Korea, just days before it was scheduled to go live. Regulatory Hurdles The delay is due to the need for more discussions with South Korean regulators. Crypto.com wants to make sure its operations are fully compliant with the country’s anti-money laundering laws. Strategic Response…
10 Billion DOGE Ready to Cash Out Dogecoin may be facing a potential sell-off that could drop its price. A large chunk of coins (10 billion DOGE) is about to become profitable. Crossing $0.17: A Double-Edged Sword When Dogecoin crossed $0.17, it triggered a profit zone for many investors who bought between $0.15 and $0.168….
A renowned crypto analyst, TechDev, has analyzed technical indicators and predicts a significant breakout for altcoins. Historic Pattern Repeating TechDev observes that the altcoin market cap structure is mirroring a bullish pattern seen in previous market cycles. The market cap, excluding the top 10 cryptocurrencies, is poised to repeat the breakout, retracement, and subsequent surge…
