El Salvador Has Lost a Lot of Bitcoin in Recent Weeks - BitcoinEthereumNews.com

BitcoinEl Salvador Has Lost a Lot of Bitcoin in Recent Weeks06 / 04 / 2022Balita ng Ethereum ng Bitcoin  El Salvador has recorded some big bitcoin losses on its balance sheet. It looks like the Central American country has lost more than $36 million in BTC as of late due to the currency experiencing a major dip.  El Salvador Is Experiencing a Negative Side to Its Bitcoin Agenda  El Salvador was the first country to ever declare bitcoin legal tender. The currency has now been the staple asset of the Central American nation for as long as eight months, but the country has certainly experienced some ups and downs as it makes this drastic financial turn.  A big one has been that bitcoin – which we all know is very volatile – often goes up and down without notice. The currency could be doing quite well one day, then sink into oblivion the next, and Nayib Bukele – the president of El Salvador – has experienced some criticism for tying his nations monetary protocols and procedures to such a speculative currency.  At the same time, the nation has long been dependent on USD, which is suffering heavily at the time of writing due to rising

2022-06-04Industriya

Tinanggap ng American Fast Food Chain Chipotle ang Mga Crypto Payments sa US - BitcoinEthereumNews.com

cryptoTinanggap ng American Fast Food Chain Chipotle ang Mga Crypto Payments sa US06 / 04 / 2022Balita ng Ethereum ng Bitcoin  Ang sikat na restaurant chain – Chipotle Mexican Grill – ay nakipagtulungan sa Flexa upang payagan ang mga kliyente na magbayad ng kanilang mga bill sa mga cryptocurrencies. Available ang alok sa lahat ng halos 3,000 lokasyon ng kumpanya sa United States.  Bilang karagdagan, ang marangyang hotel na matatagpuan sa Dubai - Ang Manor Hotel ng JA - ay nagpaplano din na paganahin ang mga pagbabayad sa mga digital na asset.  Sumali si Chipotle sa Crypto Universe  Ang Chipotle Mexican Grill ay naging isa sa pinakamalaking chain ng restaurant sa US upang tanggapin ang mga cryptocurrencies bilang paraan ng pagbabayad. Ang pakikipagsosyo sa Flexa ay nangangahulugan na ang mga customer ay maaaring magbayad ng kanilang mga bill gamit ang halos 100 digital asset (na may Bitcoin, Ether, at Dogecoin ang ilan sa mga iyon).  Ang inisyatiba ay sumasaklaw sa lahat ng 2,979 Chipotle restaurant sa USA. Bukod dito, upang ipagdiwang ang bagong alok, ang kumpanya ay magbibigay ng 10% na diskwento sa susunod na pagbili ng mga kliyente na binayaran gamit ang mga cryptocurrencies.  Sa kabila ng napakalaking presensya nito sa States, mayroon ding mga

2022-06-04Industriya

Sinabi ni Arthur Hayes na Maaabot ng Ethereum ang $10K Level Sa Pagtatapos ng 2022 - BitcoinEthereumNews.com

EthereumSinabi ni Arthur Hayes na Maaabot ng Ethereum ang $10K Level Sa Pagtatapos ng 202206 / 04 / 2022Balita ng Ethereum ng Bitcoin  Arthur Hayes, ang pinakabatang crypto billionaire ng American Africa at ang dating CEO at co-founder ng derivatives platform na BitMEX, hinulaang Maaaring maabot ng Ethereum ang $10,000 sa pagtatapos ng 2022. Kapansin-pansin, minsang nag-isip si Hayes ng downtrend sa presyo ng Ethereum sa isang post sa blog noong Abril na nagkatotoo.  Hinimok pa niya na ang mahigpit na mga patakaran ng Fed at pagtaas ng mga rate ay may pangunahing papel sa likod ng pag-crash ni Terra dahil ito ay isang byproduct ng macroeconomic na kapaligiran. Ang merkado ng crypto ay nasa ibaba o malamang na hawakan ang mga batayan, pagkatapos, ito ay talbog, sabi ni Hayes, na inuulit na ang Ethereum ay may potensyal pa ring umabot sa $10,000 sa pagtatapos ng taon o sa simula ng 2023.  Mga Kaugnay na Pagbabasa | Sinabi ni Arthur Hayes na Maaaring Hindi Handa ang Bitcoin At Ethereum Upang Makabawi nang Malaki  Ang dating CEO sa isang post sa Abril ay naglalarawan na ang presyo ng Ethereum ay bababa ang halaga nito sa Hunyo na nangyari noong Mayo at kahit na ang ETH

2022-06-04Ethereum

New York Bitcoin Mining Ban - Everything you need to know - BitcoinEthereumNews.com

BitcoinNew York Bitcoin Mining Ban – Everything you need to know06 / 04 / 2022Balita ng Ethereum ng Bitcoin  In what can only be considered a landmark decision related to mining, New York has enforced a ban on Proof of Work mining operations. The New York Bitcoin Mining ban poses a big question about the future of the Proof of Work mechanism, which many consider the most decentralized way to mine crypto. In this article, we cover everything you should know about this new bill.  Bitcoin mining has been an eyesore for many authorities. The first issue was the unfettered nature of the cryptocurrency, which they feared would undermine the traditional institutions. And while that is getting resolved due to rising calls to introduce regulations, another issue has persisted, the high energy consumption.  The latter part of the issue has been a major point of debate among New York Authorities. On May 26th 2022, the New York State Assembly passed the Bitcoin Morning Moratorium. Even though the bill was passed, several legislators were still undecided.  However, On June 3rd 2022, the lawmakers decided to pass the bill to ban those bitcoin mining operations that use non-renewable energy resources.  New York To become the First US

2022-06-04Bitcoin

Traders Can Expect Bitcoin (BTC) Price Rally By Year-End Only If This Happens - BitcoinEthereumNews.com

BitcoinTraders Can Expect Bitcoin (BTC) Price Rally By Year-End Only If This Happens06 / 04 / 2022Balita ng Ethereum ng Bitcoin  Lyn alden, a Macro analyst says Bitcoin trending at the lowest of $29,733 now can rally higher over coming months if it fulfills certain conditions. In response to the question raised in the Coin Stories interview Alden says, the Bitcoin price can reach its highest high if the Federal Reserve reverses its current hawkish monetary policy measures. Which includes raising interest rates and the unwinding of asset purchases.  She noted that: “I mean if you had a total capitulation like if you had a pivot in Fed policy and a reliquefaction of markets, its a pretty high volatility asset [Bitcoin]. So you could have a pretty big swing up. you could reset some highs.”  Lyn further describes that Bitcoin is currently performing in the short term, it could still print new lows. And he also highlights that the top crypto asset by its market cap is now trading at price levels favorable for long-term holders.  Noting: “I don‘t really have a high conviction if we’re going lower or not. It‘s not like Bitcoin necessarily bottoms as soon as the bottom of the economic

2022-06-04Bitcoin

BitMEX ex-CEO backs ETH to hit $10,000 - BitcoinEthereumNews.com

EthereumBitMEX ex-CEO backs ETH to hit $10,00006 / 04 / 2022Balita ng Ethereum ng Bitcoin  BitMEX ex-CEO Arthur Hayes has made a case for Ethereum ending the year trading at $10,000. However, the former exchange boss mentioned that things could go ugly by the middle of the year. According to Hayes, the digital asset has the biggest potential in the market due to specific positives. He also talked about the recent market crash that the Terra issue caused. The BitMEX ex-CEO mentioned that the Terra issue occurred because of the surge that the federal reserve rates witnessed.  BitMEX ex-CEO talks about the effects of Fed action  Ayon sa Arthur Hayes, Ethereum has the potential and backing to touch close to $10,000 on a bigger scale. Although the market has continued to suffer a drastic drop in prices, Hayes is confident that things would go back to normal soon enough. In his opinion, he feels that the central bank needs to take a backpedal in the way it approaches how it increases rates.  Hayes mentioned that Terra was bound to collapse due to the way the developers programmed the whole system. Although he questioned the role of the Fed on the issue, he mentioned that

2022-06-04Ethereum

Ethereum Layer-2 Optimism Records Nearly $1B in TVL Getting Second Place In ETH L2 Platforms, After OP Token Launch - BitcoinEthereumNews.com

EthereumEthereum Layer-2 Optimism Records Nearly $1B in TVL Getting Second Place In ETH L2 Platforms, After OP Token Launch06 / 04 / 2022Balita ng Ethereum ng Bitcoin- Advertising -  Optimism continues to record tremendous growth.  Following the launch of the governance token of Ethereum layer-2 scaling platform Optimism, the network has recorded a massive boost in the total value locked (TVL) on the platform.  According to data provided by L2BEAT, upon the launch of the Optimism OP token on May 31, 2022, Optimisms TVL soared to nearly $1 billion.  Optimism TVL Dipped Slightly  Optimisms TVL has surged 108.9% in the last seven days to $974 million. It is worth noting that the total value locked in various protocols based on Optimism had soared as high as $1.01 billion on June 2, 2022.  Recall that Optimism distributed the tokens in an airdrop to different beneficiaries. According to reports, 5% of the tokens supply was distributed to members of the community who quickly proceeded to offload the tokens in the market, thus causing its price to crash.  OP quickly plummeted from a high of $4.5 to a low of $1.20 at the time of its launch.  However, as the value of the cryptocurrency suffered massively following efforts from many beneficiaries

2022-06-04Ethereum

Inilunsad ng LocalCoinSwap ang Non-Custodial BNB Smart Chain Trading - BitcoinEthereumNews.com

TeknolohiyaInilunsad ng LocalCoinSwap ang Non-Custodial BNB Smart Chain Trading06 / 03 / 2022Balita ng Ethereum ng Bitcoin  Ang cryptocurrency ecosystem ay lumalawak, at ang mga pangangailangan ng mga mangangalakal ay patuloy na nagbabago. Bilang resulta, muling umunlad ang LocalCoinSwap upang tumugon sa pinakabagong mga kinakailangan ng mga mangangalakal ng P2P sa pamamagitan ng pag-aalok ng suporta para sa mga cryptocurrencies sa BNB Smart Chain na may parehong first-class na hindi pang-custodial na karanasan na kilala nila sa pagbibigay.  Kayat kung titingnan mo pa ang LocalCoinSwap, maaaring ito na ang perpektong oras para malaman kung bakit napakaraming mangangalakal ang lumilipat sa P2P marketplace na ito na may modernong ugnayan at dumaraming pagpipilian ng mga opsyon.  Ano ang LocalCoinSwap?  Ang LocalCoinSwap ay isang P2P marketplace na nagbibigay-daan sa iyong makipagpalitan ng mga cryptocurrencies sa mga mangangalakal mula sa buong mundo na may access sa 300+ na paraan ng pagbabayad. Ang P2P trading ay ligtas, pribado, at pinakamaganda sa lahat; ito ay sapat na simple na kahit sino ay maaaring gawin ito.  Sa LocalCoinSwap, maaari kang makipagkalakal gamit ang isang hanay ng mga pinakasikat na cryptocurrencies, kabilang ang USDT, USDC, BNB, BUSD, at DAI, sa BNB Smart Chain na may ganap na non-custodial trading at mga wallet.  Mahalaga ang

2022-06-04Industriya

Maker founder proposes endgame, Singapore explores DeFi and more - BitcoinEthereumNews.com

TeknolohiyaMaker founder proposes endgame, Singapore explores DeFi and more06 / 03 / 2022Balita ng Ethereum ng Bitcoin  The past week in the desentralisadong pananalapi (DeFi) ecosystem saw many new developments, including the rebirth of the Terra 2.0 blockchain. Meanwhile, Binances incubation platform Binance Labs launched a $500 million fund to support and promote Web3 adoption.  Singapores central bank partnered with JP Morgan to explore DeFi applications in wholesale funding markets by establishing tokenized bonds. KuCoin launched its very decentralized wallet with DeFi and nonfungible token support.  The top-100 DeFi tokens showed signs of a breakout from a month-long bearish trend, with most of the tokens showing overall gains in the past seven days.  Ang tagapagtatag ng Maker ay nagmumungkahi ng mga MetaDAO at synthetic na ETH sa Endgame Plan  MakerDAO co-founder Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan.  Across 3,000 words, including 35 detailed infographics, Christensen explained that the current model of governance at Maker creates a deadlock, making it difficult for the protocol to effectively process “complicated real-world financial deals” and compromising its competitiveness with financial institutions.  Magpatuloy sa pagbabasa  Binance Labs $500M fund to catalyze crypto, Web3 and blockchain adoption  Binance Labs, the investment

2022-06-04Industriya

Most Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO - BitcoinEthereumNews.com

Bitcoin EthereumMost Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO06 / 03 / 2022Balita ng Ethereum ng Bitcoin  Na may higit sa 19,000 digital asset in the crypto space and dozens of blockchain platforms, Brett Harrison, CEO of cryptocurrency exchange FTX U.S., said that hundreds of these might not last. All of these cryptocurrencies are unlikely to survive, in his view.  “When you think about the blockchains…there probably won‘t be hundreds of different blockchains in 10 years, I think there’ll be a couple of clear winers for different kinds of applications,” Harrison told CNBC. “And well see the market…sort that out over time,” he continued.  Others in the cryptocurrency industry believe that thousands of cryptocurrencies will go extinct and that the number of blockchains will decrease in the next years.  Only “scores” of cryptocurrencies may exist in the future, according to Brad Garlinghouse, CEO of fintech company Ripple. Guggenheim Chief Investment Officer Scott Minerd, who previously projected that Bitcoin might fall to $8,000, also indicated that most crypto is “junk,” but Bitcoin and Ethereum will survive.  Ads  Spotlight turns to cryptocurrencies  The recent market-shocking pagbagsak of Terras algorithmic stablecoin UST and its sister token LUNA has focused attention on the myriad cryptocurrencies

2022-06-04Ethereum
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