The power of Bitcoin seen on Bitcoin Whitepaper Day The importance of Bitcoin was proven on the 15th anniversary of the Bitcoin Whitepaper, which laid the foundation of crypto and blockchain. **Influence on the Government** Bitcoin has influenced the economy around the world so much that it has become a point of discussion in the parliaments of different countries. A Canadian MP Joel Lightbound acknowledged Satoshi's influence by paying homage to him in Parliament.…
@Yugocean in November 2023
Bitcoin and Ethereum allied in market war A new trend of economic way started in the price of Bitcoin and Ethereum is affecting all HODL, trades, development, and banking. **A risky beneficial trend of stability and fluctuations** Currently Bitcoin price is stable at $34k-$35k levels. Ethereum price is stable at $1.7k-$1.8k levels. Day traders trade ETH and BTC at their own risk by buying at $1.7k and $34k levels and selling at $1.8k and $35k levels respectively. **Pressure…
Bitcoin Vs Bitcoin In Argentina Presidential Election In Argentina, Bitcoinist presidential candidates Javier Meili and Sergio Massa are competing to woo the Bitcoin Industry. **Massa's concept** According to Sergio Massa, the government will directly mine Bitcoin. For this purpose, Massa has suggested using the extra output from the significant shale gas and oil formation in the Patagonia province called Vaca Muerta. **Meili's concept** According to Javier Meili, central…
Nayib Bukele and New Federation Nayib Bukele's proposal to form a new federation with El Salvador is being considered seriously by the Bitcoin community. **How did it start?** In a simple post, someone asked Nayib Bukele if he was available for hire to run other countries. On this, Bukele expressed the possibility of doing so with countries that are willing to join the federation with El Salvador. The person asking was not important on any political, economic, or any other…
ETF fodder drives Bitcoin and Ethereum bulls Due to the news of Spot ETF, there has been a fluctuation in the level of the top leaders in the crypto world, Bitcoin and Ethereum. **Bitcoin Bulls** Bloomberg's news about a SEC window opening to approve the Bitcoin Spot ETF increased BTC value. Not much is known about that window, but Bitcoin rose to the level of $37k and fell back too. Traders experienced a mixture of gains and losses. **Ethereum Bulls** Recently BlackRock's…
Poloniex hacked, Justin Sun suspected The Poloniex exchange led by Justin Sun has been hacked, and suspicion is falling on Justin Sun himself. **Poloniex hack revealed** Security firm PeckShield noticed suspicious transactions from Poloniex, but Poloniex tried to hide it and claimed that its wallet has been disabled for maintenance. Analyst firm Akhram tracked that assets worth up to $100 million were hacked from Poloniex, which angered the investors. **Justin Sun's demage…
Fake XRP ETF filing creates stir Recently, fake news of XRP ETF filing by BlackRock created a slur in the crypto market. This was resolved when BlackRock denied it. **XRP ETF problem** XRP gets its name because of its court victory against the SEC, but that was only a victory in declaring crypto not to be a security in the US. The ETF is a different matter. XRP is neither PoS nor PoW, but a centralised token launched by Ripple. **BTC and ETH ETF stance** The reason for ETFs…
Crypto Market on Tracks There has been greenery in the crypto market for the last few days, and now the bears are not making so much noise. **Stability in BTC and ETH** Bitcoin and Ethereum are standing somewhat stable at the levels of $36k and $2k, respectively. They rose to the levels of $37k and $2k and then came down, but now they are not going below the $36k and $1.9k levels, so it is a good time for hodlers. **ETF or no ETF** Some analysts claim the idea arising from…
US Crushes Binance The US government has explained to the crypto world the use of the long arm of its law by stopping the game of the biggest player in the crypto market. **Binance's US market ends, and economic problems begin** The US Department of Justice has fined Binance $4.3 billion after finding it guilty of US economic crimes. Additionally, almost the same penalty has been imposed on Binance by Treasury Department ($3.4B by FinCen and $968m by OFAC). This is…