De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official – Economics Bitcoin News

Bitcoin  De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official – Economics Bitcoin News  2 मिनट पहले  बिटकॉइन एथेरियम समाचार  Russias foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant conclusions and these conclusions are definitely in favor of terminating dependence on the West.”  Russian Official on De-Dollarization Trend Accelerating  Russias Minister of Foreign Affairs, Sergey Lavrov, said at a press conference on Friday that the shift away from using the U.S. dollar as the medium of exchange in global trade in favor of national currencies is an irreversible trend, Russian media Tass reported.  The Russian official also stressed that it is important to actively work towards neutralizing security threats, including those that originate from the U.S., in cooperation with the Commonwealth of Independent States (CIS) countries. Lavrov added that in formulating military, political, and diplomatic plans, Russia has taken into account Western countries attempts to incite conflicts near its borders. He continued:  We are starting to see a flight from the dollar. So far, it is not all that swift, but it is

2023-04-16बिटकॉइन

Bank of England Hiring For a CBDC- Will it replace the Pound?

टेक्नोलॉजी  CBDC के लिए बैंक ऑफ इंग्लैंड की भर्ती- क्या यह पाउंड की जगह लेगा?  हमारा शामिल करें Telegram ब्रेकिंग न्यूज कवरेज पर अपडेट रहने के लिए चैनल  According to a recent report by The Times, the Bank of England (BOE) has begun hiring employees to develop its digital currency. The central bank plans to put together a team of up to 30 individuals to work on its central bank digital currency (CBDC) project.  Bank of England Hiring for Digital Currency Project According To Report   The BOEs website has advertised for two roles – a “digital pound solutions architect” and a “digital pound security architect,” both created in late March. The project is currently being referred to as the “digital sterling” or “digital pound,” but the media has nicknamed it “Britcoin.”  It has been reported that the BOE and the UK Treasury are investigating the feasibility of introducing an official digital currency by 2030, which would be issued by the BOE and backed by the government.  The BOE and the UK Treasury have said that it is too early to decide on whether to introduce a digital pound, but they see merit in conducting research and planning for it. Programmability has been identified as one of

2023-04-12उद्योग

NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot  – Bitcoin News

Bitcoin NFT  NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot – Bitcoin News  Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%.  NFT Sales Improve This Week, Rising 7.28% Higher  Sales of non-fungible tokens (NFTs) have trended higher this week, increasing by 7.28%, with $179.64 million in sales recorded over the past seven days. Of the total sales, $111.62 million, or 62.35%, came from NFT sales on the Ethereum blockchain, cryptoslam.io stats show. Solana‘s NFT sales were the second-largest this week, accounting for $20.66 million, or 11.54%, of the week’s total sales.  This week, sales of Ethereum-based NFTs increased by 8.68%, while sales of Solana-based NFTs dropped by 20.88%. NFT sales on Ethereum and Solana were followed by sales on the Polygon, Arbitrum, and Cardano blockchains. Two blockchains that saw notable increases over the last seven days include BNB Chain, which was up 19.73%, and Panini, which increased by 29.53%. Theta blockchain NFT sales rose by 232.96%, but the increase only accounted for $2,805 in NFT

2023-04-09बिटकॉइन

EU Parliament pursues EUDI wallet for access to public services

टेक्नोलॉजी  यूरोपीय संघ की संसद सार्वजनिक सेवाओं तक पहुंच के लिए EUDI वॉलेट का अनुसरण करती है  The European Parliament is moving forward with discussions on amending the European Digital Identity (eID) framework and establishing the European Digital Identity Wallet (EUDI Wallet) to offer E.U. citizens a secure and convenient way to access public services.  On March 15, the European Parliament approved further discussion on amending the eID framework and establishing the EUDI Wallet. The purpose of the EUDI Wallet is to provide E.U. residents with a digital method for accessing public services while maintaining control over their personal information.  The European Parliament recently adopted a report paving the way for a Digital Wallet/harmonized digital ID framework across the EU.  Some terms it includes are “privacy-by-design” and “build with ”zero-knowledge proofs & selective disclosures.  Highlights thread ???? pic.twitter.com/WKA86FUVoL  — Panther Protocol (@ZKPanther) फ़रवरी 14, 2023  The European Parliament aims to make the wallet available to 80% of the population by 2030. This could be achieved by requiring support from e-government services, businesses conducting KYC checks, and major online platforms such as Google and Facebook.  Following discussions with the European Council, the subsequent step would be implementation. Adopting the wallet is dependent on its usability, with the primary challenge being

2023-04-08उद्योग

Bitcoin in a Death Grip as Jerome Powell Warns of Further Rate Hikes

Bitcoin  जेरोम पॉवेल ने आगे की दर वृद्धि की चेतावनी के रूप में बिटकॉइन एक मौत की चपेट में है  All eyes are on bitcoin yet again as Jerome Powell – the man in charge of the Federal Reserve – said in a recent interview that his office is not above faster, larger rate hikes in 2023, and that they could come sooner than most people anticipate.  Bitcoin Could Suffer with More Rate Hikes  There is great fear of more rate hikes given they swarmed 2022, a time that was extremely bearish for bitcoin. Inflation was soaring and the economy was in dire straits thanks to the many terrible decisions made by Joe Biden and his nation-hating cronies.  As a result, the Fed was put in a very compromising position, and it was forced to hike rates as a means of fighting inflation. By keeping prices “stable,” however, many Americans lost their opportunities to take advantage of car and home ownership, while the prices of many crypto assets fell into the toilet.  Nobody wants this to happen again. The prices of bitcoin and many leading assets began incurring small jumps since the beginning of 2023 (bitcoin rose to $25K in February), and they are concerned that

2023-04-05बिटकॉइन

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
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