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Bitcoin & The 90th Anniversary of Executive Order 6102

Bitcoin  बिटकॉइन और कार्यकारी आदेश 90 की 6102वीं वर्षगांठ  As Bitcoin continues to gain traction as a decentralized, authority-free, censorship-resistant alternative asset, weve once again reached the anniversary of an event that reminds us why BTC is important.  90 years ago today, US President Franklin D. Roosevelt signed Executive Order 6102, banning the ownership of gold in the United States. Here is everything you need to know about the historic event and why the same thing cannot happen with Bitcoin.  What Is Executive Order 6102?  Executive Order 6102 was signed by U.S. President Franklin D. Roosevelt on April 5, 1933, prohibiting the hoarding of gold coins, gold bullion, and gold certificates within the United States.  The order required individuals and companies to immediately sell their gold to the Federal Reserve at the then-current market price of $20.67 per ounce. Today, gold is worth over $2,000 an ounce. The order also made it illegal to export gold without a license issued by the Treasury Department.  The purpose of the executive order was to protect the U.S. economy during the Great Depression. At the time, the U.S. was on the gold standard, which meant that the value of the U.S. dollar was tied to the value of gold. However,

2023-04-05बिटकॉइन

Grayscale investment funds outshine Bitcoin, Ethereum in 2023

Bitcoin Ethereum  ग्रेस्केल इन्वेस्टमेंट फंड्स ने 2023 में बिटकॉइन, एथेरियम को मात दी  This years attention has been on Grayscale Bitcoin Trust due to the ongoing rivalry with the SEC.  However, GBTC is up 95% year to date while the discount has narrowed to roughly 40%, which was as low as 50% in January 2023.  In addition, ETHE is up 83% year to date, while the ETHE discount has narrowed to 51%; it was as low as 60% in January 2023.  Meanwhile, Bitcoin is up 72%, and Ethereum is up 60% yearly.  A lot of volatility could occur next week, with the Shanghai upgrade looming.  CryptoSlate did a thorough deep dive into the options market on the possible impact the upgrade could have on the token price of Ethereum.

2023-04-05बिटकॉइन

Marathon Digital Mines Record 2195 BTC In First Quarter Of 2023

Bitcoin  मैराथन डिजिटल माइंस रिकॉर्ड 2195 बीटीसी 2023 की पहली तिमाही में  Marathon Digital has mined a record 2195 BTC in the first quarter of 2023.  The Bitcoin miner‘s operational hash rate increased by 64% in Q1’23.  The companys share price fell over 3% despite the record mining stats.  Marathon Digital Holdings, the Bitcoin mining giant based in the United States, has reported record-breaking numbers for the first quarter of 2023. The company mined a record 825 BTC over the past month, marking a 21% month-on-month increase in Bitcoin production.  According to a press release from Marathon Digital, the Bitcoin mining firm mined a record 2195 BTC in the first three months of 2023. The company managed to increase the operational hash rate by 64% in the first quarter, taking it to 11.5 EH/s as of March 31, 2023.  Fred Thiel, the companys chairman, and CEO, highlighted in his statement that the firm is on track to reach its target of 23 exahashes by the end of the second quarter by energizing previously purchased mining rigs. The improved hash rate has helped the firm mine 41% more BTC compared to the previous quarter.  “In addition to our operational progress, we also improved our financial position during the quarter.

2023-04-05बिटकॉइन

Latest Bitcoin price data suggests double top above $200K in 2025

Bitcoin  नवीनतम बिटकॉइन मूल्य डेटा 200 में $ 2025K से ऊपर डबल टॉप का सुझाव देता है  Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant said.  In a new analysis published on March 3, Filbfilb, co-founder of trading suite DecenTrader, doubled down on his bullish BTC price outlook for the years ahead.  Filbfilb keeps faith in Bitcoin halving cycles  With BTC/USD approaching $30,000 but traders highly suspicious of the 2023 rally, sky-high BTC price predictions have been poorly received.  Two current $1-million forecasts, from ARK Invest CEO Cathie Wood and former Coinbase executive Balaji Srinivasan, respectively, continue to divide opinion in the aftermath of the 2022 crypto winter.  Considering whether either has merit, Filbfilb turned to raw math to determine some likely macro tops and bottoms for Bitcoin after its next block subsidy halving.  Due at the end of March next year, the halving will again cut the block reward paid to miners by 50%. In prior four-year cycles after previous halvings, BTC/USD has displayed patterns of behavior that continue to hold true today.  “When using Days from the Bitcoin Halving (where the inflation rate of new Bitcoins is halves); we can see that Bitcoin peaks around 368–550 days

2023-04-05बिटकॉइन

American Bank Runs Pull Bitcoin Liquidity to 10-Month Low

Bitcoin  American Bank Runs Pull Bitcoin Liquidity to 10-Month Low  1 पहले मिनट  बिटकॉइन एथेरियम समाचार  As the growing liquidity strain in the price of Bitcoin is a major concern, American banks are likely to start exploring new avenues to rebuild that part of the industry.  The recent bank runs of American banks as recorded in March have fueled a massive pulldown on the liquidity base of Bitcoin (BTC), the worlds largest digital currency by market capitalization. As reported by CoinTelegraph citing data from crypto analytics provider, Kaiko, the drained liquidity in the market has hit a 10-month low despite the bullish price outlook of Bitcoin since the start of the year.  In the heart of the banking crisis, three of the major financial institutions that serve the crypto ecosystem including Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank all met their waterloo. While Silvergate initially closed its operations due to a fallout in its accounting process last month, Signature was closed by regulators to prevent a harsher bank run.  The aftermath of the collapse of these banks was very significant for the crypto industry as the avenues to channel on-and-off-ramp features were remarkably crushed. As investors sought avenues to stay safe, the regulatory actions of

2023-04-04बिटकॉइन

Bitfarms Q1 Bitcoin production rose 35% to 1,297 BTC YOY

Bitcoin  Bitfarms Q1 बिटकॉइन का उत्पादन 35% बढ़कर 1,297 BTC YOY हो गया  बिटकॉइन एथेरियम समाचार  Ad  Bitcoin (BTC) mining firm Bitfarms said its BTC production increased 35% to 1,297 BTC in the first quarter of the year compared to what it produced during the same period last year.  In an April 3 statement, Bitfarms detailed how Bitcoins improved price performance helped it strengthen its balance sheet and reduce its debt obligations.  स्रोत: बिटफार्म्सBitfarms BTC production rise 17% YOY  According to Bitfarms, its Bitcoin production increased 17% on the year-on-year metrics in March to 424 BTC despite the energy curtailment issues it had in Quebec and Paraguay.  “13.7 BTC mined daily on average, equivalent to about $390,000 per day and approximately $12.1 million for the month.”  In March, the BTC miner said it sold 394 BTC at an average selling price of $24,700 per BTC for $9.7 million. Bitfarms added that it reduced its debt obligations by $2 million, leaving a balance of $21 million as of March 31.  The firm explained that the weather conditions in Quebec and Paraguay impacted its operation, leading to energy curtailments.  Meanwhile, the miner said it holds 435 BTC in custody — approximately $12.4 million. It also holds $29 million in cash and its equivalents

2023-04-04बिटकॉइन

Shibburn hints at new web3 marketplace

टेक्नोलॉजी  शिबबर्न नए वेब3 मार्केटप्लेस पर संकेत देता है  बिटकॉइन एथेरियम समाचार  A shiba inu burn campaign known as Shibburn said it would soon announce a new web3 initiative that will be included in the redesigned Shibburn website.  As per the report, the platform will include a marketplace, wallet, and a few additional surprises, powered by SHIB token.  हाय सब लोग,  मैं कुल आपूर्ति के संबंध में एक महत्वपूर्ण अद्यतन को संबोधित करने के लिए कुछ समय लेना चाहता हूं $ SHIB हमारी वेबसाइट पर। जैसा कि आपने देखा होगा, संख्याएँ बदल गई हैं। प्रारंभिक आपूर्ति से जला कुल अब 410,630,074,492,220 है, और कुल आपूर्ति अब…  - शिबबर्न (@shibburn) अप्रैल २९, २०२१  बर्न अपडेट  The SHIB burner has also made public a significant new development in the SHIB burning. It claims that during this whole time, it was able to follow burns that took place inside verified burn addresses.  Despite this, some transactions were routed to the SHIB contract address, which is equally unrecoverable. It is possible that these transactions were sent to the SHIB contract on purpose, but it is also possible that they were sent there by accident.  In addition, the SHIB burner reports that it has been notified of additional transactions sent to other contracts with renounced ownership

2023-04-03उद्योग

Arbitrum Trading Volume Balloons Over 75% As ARB Price Defies FUD

टेक्नोलॉजी  आर्बिट्रम ट्रेडिंग वॉल्यूम गुब्बारे 75% से अधिक ARB मूल्य के रूप में FUD को परिभाषित करता है  बिटकॉइन एथेरियम समाचार  Arbitrum, a layer 2 blockchain that airdropped over 1 billion ARBK tokens to its community in March, has been the subject of negative news over the weekend. The Arbitrum Foundation came under fire for spending tokens without the approval of its holders, sparking Fear, Uncertainty, and Doubt (FUD) for the asset. However, ARB has refused to stay down through all of this and its trading volume has seen a massive boost as a result.  Arbitrum Trading Volume Surges Over 75%  In the last 24 hours, the trading volume of Arbitrum has seen a massive boost. Data from Coinmarketcap shows that the tokens volume jumped by more than 75% in the one-day period, bringing its total volume to more than $1.17 billion.  This is massive for the cryptocurrency given that its current market cap is sitting at $1.55 billion. So its volume is currently almost as high as its market cap and the uptick is not just on centralized exchanges alone as decentralized exchange volume was $326.5 million.  This comes despite widespread FUD that the Arbitrum Foundation is dumping its own tokens after it admitted to selling

2023-04-03उद्योग

Arbitrum Faces Severe Backlash Over Plans To Sell 750M Tokens; ARBs Price In Danger?

टेक्नोलॉजी  Arbitrum Faces Severe Backlash Over Plans To Sell 750M Tokens; ARBs Price In Danger?  During the course of the weekend, members of the Arbitrum crypto community were subjected to panic calls and widespread FUD about the recently launched ARB token. This came about as holders of Arbitrum speculated that the Arbitrum Foundation had recently sold a significant amount of the coins, thus largely affecting ARBs price.  Arbitrum Team Dumped Tokens?  According to a blog post published early on Sunday morning by an official of the Arbitrum Foundation, the company started selling ARB tokens for stablecoins even before the governance community of token holders had “ratified” the almost one billion dollar budget for the organization.  In accordance with the AIP-1 proposal on Arbitrums DAO, the 750 million tokens kept aside would be used to pay for special grants, reimburse appropriate service providers, and cover ongoing administrative and operational expenditures of the foundation. The majority of the stakeholders, almost 83% of them, voted against the proposal.  The Arbitrum Foundation later addressed the concerns raised by the community surrounding the distribution of ARB tokens and according to its official announcement, the Arbitrum Improvement Proposal (AIP-1) requested that users “ratify” the decisions that the Foundation had taken before the

2023-04-03उद्योग

ADA Snaps Losing Streak as BCH Moves to 10-Day High – Market Updates Bitcoin News

Bitcoin  ADA Snaps Losing Streak as BCH Moves to 10-Day High – Market Updates Bitcoin News  Cardano ended a two-day losing streak on Monday, as the token moved closer to a two-month high to start the week. Cryptocurrency markets were mostly lower in todays session, with the global market cap down 0.36% as of writing. Bitcoin cash also climbed, hitting a ten-day high.  कार्डानो (एडीए)  Cardano (ADA) snapped a two-day losing streak to start the week, despite the global market cap mostly consolidating on Monday.  Following a low of $0.3729 on Sunday, ADA/USD surged to an intraday high of $0.4035 earlier in todays session.  Today‘s move saw cardano near Friday’s high of $0.4093, which was its highest point since mid-February.  एडीए / अमरीकी डालर - दैनिक चार्ट  Looking at the chart, the climb in price coincided with the relative strength index (RSI) moving towards a ceiling of its own at 60.00.  At the time of writing, the index is tracking at 58.91, after moving away from a floor at 56.00.  Should price strength move past the upcoming ceiling at 60.00, then there is a strong chance ADA will recapture a fresh multi-month high.  बिटकॉइन कैश (बीसीएच)  Bitcoin cash (BCH) was another notable gainer to start the week, as the token moved to

2023-04-03बिटकॉइन
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