Ang Native Asset for Internet of Things Project ay Tumalon ng 31% Ngayong Linggo Sa Paglulunsad ng $100,000,000 Ecosystem Foundation

The native asset for a crypto project focused on the Internet of Things soared by 31% this week amid the launch of a new $100 million ecosystem foundation.  IOTA is a distributed ledger technology (DLT) that aims to serve as the backbone of the Internet of Things.  The projects native token is trading around $0.236 at time of writing, up from $0.180 one week ago. The 78th-ranked crypto asset by market cap is also up nearly 45% in the past month.  The tokens price jumped on Wednesday after the project anunsyado the rollout of the new IOTA Ecosystem DLT Foundation, which is registered with the Abu Dhabi Global Market in the United Arab Emirates.  IOTA says the foundation will be seeded with more than $100 million worth of IOTA tokens that will vest over the next four years.  IOTA also sabi ni it plans to become fully compatible with the Ethereum (ETH) Virtual Machine (EVM) in the first quarter of next year.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan

2023-12-03Industriya

Coinbase CEO Clarifies: No Plans for Base Token Launch!

Balita ng Ethereum ng Bitcoin  Coinbase CEO Brian Armstrong categorically denies rumors about launching a native token for Base.  Contradicting earlier hints by Coinbase CLO, Armstrong emphasizes the company‘s focus on Base’s current progress.  “We‘re not planning to make any token for Base,” asserts Armstrong, highlighting Base’s significant TVL growth.  In an enlightening interview, Coinbase CEO Brian Armstrong dispels the circulating rumors about a native token launch for Base, focusing instead on the platforms rapid growth and future prospects.  Dismissing Token Launch Rumors  In a recent development that caught the crypto community‘s attention, Coinbase CEO Brian Armstrong unequivocally dismissed the swirling rumors about the launch of a native digital token for Base. This clarification comes after a period of speculation fueled by previous comments from Coinbase’s Chief Legal Officer, Paul Grewal. In a striking contrast to Grewal‘s earlier statement that left the door open for a potential token launch, Armstrong made it clear that Coinbase currently has no such plans. This announcement is pivotal in setting the correct narrative about Base’s strategic direction and aligning investor expectations.  Bases Impressive Growth and Future Plans  Amidst the clarification about the non-existence of a token launch plan, Armstrong shed light on Base‘s impressive growth trajectory since its launch in August 2023.

2023-12-03Industriya

Meme Coin of 2024: 100x Potential GameStop Memes Takes on Polkadot and Ethereum with $4 Million Presale Surge

Previewing the landscape of cryptocurrencies, a new player has entered the scene with a bold vision—GameStop Memes (GSM). With an impressive $4 Million raised in its presale, GSM aims to revolutionise the crypto space by leveraging blockchain technology to provide unparalleled privacy and a safe investment zone for meme lovers. In this comprehensive analysis, we delve into how GSMs approach stands out in comparison to blockchain giants Polkadot (DOT) and Ethereum (ETH), highlighting the distinctive features that set it apart in safeguarding user privacy, data ownership, and content control.  Polkadot: Interconnected but Lacking Privacy  Polkadot, known for its interoperability, has made strides in connecting various blockchains. However, when it comes to privacy, it falls short. Polkadots design emphasises communication between different blockchains, but its approach does not prioritize user anonymity or content control. Users on the Polkadot network may lack the privacy they desire, with potential implications for creators and consumers.  Contrastingly, GSM emerges as a beacon of privacy in the crypto universe. With a commitment to user empowerment and data security, GSM integrates advanced blockchain features to ensure users have control over their data and transactions. Meme lovers can find solace in the secure and private environment that GSM promises to establish,

2023-12-03Ethereum

This Week in Coins: Bitcoin Continues Surge, Meme Coin Mania on Legendary Investors Death

Balita ng Ethereum ng Bitcoin  Its been another eventful week in the crypto sphere.  Bitcoin continued to hit highs not seen since the digital asset crash of May 2022: the biggest virtual coin touched $39,000 Friday before dropping down again.  It is now trading for $38,806 per coin, according to CoinGecko. That‘s a 24-hour rise of about 1%. Over the week, it’s up by 3%.  The reason for the assets surge was likely in part due to a dovish forecast from the Federal Reserve: governor Christopher J. Waller said Tuesday that although inflation was still high in the U.S., he was “increasingly confident that policy is currently well positioned to slow the economy and get inflation back to 2 percent.”  Since the Fed started aggressively raising interest rates last year, investors have typically avoided “risk-on” assets like tech stocks and crypto.  Waller‘s comments, according to James Butterfill, head of research at the European digital asset manager CoinShares, “favorably influenced” Bitcoin’s prices.  Elsewhere, obscure meme coins experienced a surge of interest—and not necessarily for the right reasons.  Former Berkshire Hathaway Vice Chairman Charlie Munger died earlier in the week. The legendary investor famously bashed Bitcoin. After his passing, an Ethereum-based token, MUNGER, started trading.  It soared by a whopping 31,000%

2023-12-03Bitcoin

Higit sa 80% ng Mga May hawak ng Bitcoin ay Nasa Kita na: Pinakabagong Ulat sa IntoTheBlock!

According to a report published by blockchain analytics firm IntoTheBlock on Friday, over 81.35% of all Bitcoin holders are currently in a profitable position.  Firstly, there is considerable optimism in the Bitcoin (BTC) community regarding the approval of a Bitcoin Spot Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC).  There have been other positive developments for the BTC community as well, as the total fees on the Bitcoin network dropped by 50% last week.  ETF expectations boost positive sentiments: According to IntoTheBlock reports, more than 81.35% of Bitcoin holders are currently in profit.  81% of Bitcoin Holders in Profit  Last week, Bitcoin drew significant attention with a notable 2.58% increase within seven days. During this period, the leading cryptocurrency surged from trading around $37,800 to nearly surpassing the $39,000 price level. Following this positive price movement, Bitcoin recorded impressive metrics that could increase investor interest in the coming weeks.  According to a report published by blockchain analytics firm IntoTheBlock on Friday, over 81.35% of all Bitcoin holders are currently in a profitable position. This indicates the highest level of profitability experienced by BTC investors since December 2021, when the token was valued at over $50,000.  Bitcoin Holders in Profit – IntoTheBlock  Interestingly, there is a

2023-12-03Industriya

Chainlinks Market Cap Soars 143% As Whale Accumulates $50 Mln LINK, Whats Next?

Chainlink has shown a huge uptrend recently after the Staking v0.2 upgrade. Flashing light on recent developments, Swell Network has integrated Chainlink CCIP for faster transactions. As soon as the announcement was shared, whales started accumulating LINK and in response to that Chainlink (LINK) price gained 8% in just two days.  Chainlink (LINK) Top Whales Added $50 Mln  Pinagmulan: Santiment  Onchain data analysis platform Santiment shows that over the past five weeks, the 200 largest wallets have strategically added a staggering $50 million worth of LINK to their holdings.  Chainlink‘s market capitalization has experienced an impressive overall growth of 143% in just five months. What’s even more noteworthy is its exceptional performance compared to Bitcoin, with a remarkable uptick of 93%. With this, Chainlink is now ahead of all other altcoins that have experienced whale accumulation.  If we go in-depth, this massive market movement could be attributed to the recent shift from Staking v0.1 to v0.2. According to the announcement, the Staking v0.1 pool became inactive on November 28, 2023, and is no longer emitting rewards or securing Chainlink services. The LINK holders who participated in v0.1 have to migrate their tokens to staking v0.2 according to the staking program.  The v0.2 community pool has been

2023-12-03Industriya

President Nayib Bukele, Who Legalized Bitcoin in El Salvador, Resigns from Office

Balita ng Ethereum ng Bitcoin  El Salvadors President Nayib Bukele, who supported the law recognizing Bitcoin (BTC) as legal tender, has resigned from his position.  Héctor Silva, who is running for mayor of San Salvador, said, ‘The current democratic situation in El Salvador is that we have an unelected person as the Republic President.’  The Salvadoran government campaigned to legalize Bitcoin in September 2021 and advocated for the development of a ‘Bitcoin City’ supported by a volcano in the country.  El Salvador President Nayib Bukele submitted his resignation and left the presidency: What are Bukeles future plans?  El Salvador President Resigns  El Salvadors President Nayib Bukele, who supported the law recognizing Bitcoin (BTC) as legal tender, has resigned from his position. After receiving approval from the Legislative Assembly of El Salvador, Bukele resigned from the presidency on December 1.  This move allows him to focus on the reelection campaign in 2024. Claudia Rodríguez de Guevara has become the interim president and is expected to hold this position until June 2024. After that, general elections are scheduled for February 2024.  Héctor Silva, who is running for mayor of San Salvador, said, ‘The current democratic situation in El Salvador is that we have an unelected person as the Republic President.’

2023-12-03Bitcoin

Nagbabanta ang hukom na parusahan ang SEC sa mga nakapanliligaw na pahayag sa kaso ng crypto

U.S. District Judge Robert Shelby issued a stern warning to Securities and Exchange Commission (SEC) attorneys regarding possible sanctions for “misleading” court proceedings in a lawsuit against the cryptocurrency firm Debt Box, according to court filings.  The SEC secured a temporary restraining order against Debt Box via statements that were later proven to be false.  Judge Shelby, presiding over the case in the Utah District Court, expressed concerns about the SEC‘s representation of Debt Box’s activities and ordered the watchdog to provide an explanation to the court in the coming days.  SEC vs. Debt Box  The SEC had accused the firm of illicitly transferring assets and investors‘ funds overseas and used that statement to secure an initial freeze of Debt Box’s bank accounts as part of its case against the firm.  However, these claims were subsequently found to be exaggerated, prompting the judge to consider sanctions against the SEC attorneys for their role in presenting these misleading arguments.  As defined by the U.S. legal framework, sanctions typically involve monetary fines and are imposed on parties that knowingly submit false statements or violate court procedures. This measure comes in light of Debt Box proving that it did not move funds outside the U.S. or close its bank

2023-12-03Industriya

Nakagugulat na Data na Naobserbahan sa Sukatan na Pagsusuri sa Pangmatagalang Gawi ng Investor sa Bitcoin!

Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) is a metric that measures the profitability of long-term holders of a crypto asset.  According to COINOTAG, on November 30, LTH-SOPR dropped to 0.96. It later bounced back above the zero line and currently stands at 1.61.  According to the analyst, a continuous decline in the SOPR of two investor classes often leads to a decline in BTCang presyo.  A metric reflecting the behavior of long-term investors in Bitcoin recorded interesting data recently.  Long-Term Bitcoin Holders Selling  The Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) of Bitcoin recently fell below 1. This indicates that this group of investors sold their assets at a loss for a short period. The Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) is a metric that measures the profitability of long-term holders of a crypto asset.  It provides insights into whether investors holding an asset for more than twelve months are in a profitable position. When this metric returns a value above 1, it indicates that BTC long-term holders, on average, are selling their assets with a profit. Conversely, when it falls below 1, it indicates that these holders are selling at a loss.  According to COINOTAGs findings, on November 30, LTH-SOPR dropped to 0.96. It

2023-12-03Industriya

Hinahangad ni Madeira na palakasin ang ekonomiya gamit ang mga startup, makabagong sistema ng pagbabayad

An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Web3 entrepreneurs are flocking to this region.  Portugals Madeira archipelago has been praised for its natural beauty, but an aging population and pressing need for a more diversified economy prompted its local government to explore emerging technologies, such as blockchain.  According to Rogerio Gouveia, finance secretary of the regional government of Madeira, emerging-technology companies make up nearly 30% of businesses in Madeiras free trade zone, a special economic area that offers tax benefits to companies, including one of the lowest corporate tax rates in the European Union and capital gains tax exemption for eligible firms.  “For companies aiming to establish a presence in the region, the foremost tax incentive is found in the Madeira free zone or the International Business Center. This area offers a preferential tax regime, capping the corporate tax rate at a competitive maximum of 5%. Its important to note that this is not an offshore haven. This regime operates within a structured set of regulations and undergoes rigorous audits by both national tax authorities and the European Commission,” Gouveia told Cointelegraph during the Madeira Blockchain conference.  One of the companies behind

2023-12-03Industriya
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