Author: cointechies
U.Today – Max Kaiser, a well-known Bitcoiner, former financial journalist, and current advisor to El Salvador's President Nayib Boucle, says that people who prefer to invest in and hold gold, the most valuable precious metal. issued an important warning. As the world's pioneering cryptocurrency BTC regained the $100,000 price level, Kaiser sent a message to gold lovers through his official account on the X Network (previously popular as Twitter). The warning came after El Salvador's political leader Nayib Boucle discovered that the country's unearthed deposits contained $3 trillion worth of gold. El Salvador has $3 trillion in gold reservesIn a…
U.Today – According to Glassnode, miners have reached a monumental milestone by earning a total of $71.49 billion. After 5,256 business days, on December 5th, the Bitcoin price exceeded $100,000 for the first time, and the market capitalization briefly exceeded $2 trillion. According to on-chain analytics platform Glassnode, Bitcoin miners have earned $71.49 billion since their inception, attesting to the network's robust security and financial incentives. As of December 5, when Bitcoin first hit $100,000, Bitcoin miners' revenue from securing the network and processing transactions reached $71.49 billion. This includes $67.31 billion in block grants and $4.18 billion in transaction…
Important points Solana attracted 7,625 new developers in 2024, surpassing Ethereum for the first time since 2016. Asia has become the leading continent for blockchain developers, with India accounting for 17% of new crypto developers. Share this article According to Electric Capital's annual report, Solana grew by 83% in 2024, surpassing Ethereum to become the leading blockchain for new crypto developers.The report, reviewed by CoinDesk, revealed that Solana hired 7,625 new developers. This is 1,000 more people than Ethereum during the same period.Although Ethereum maintained its position as the largest developer network overall, the number of monthly active developers decreased…
Miami, Florida, December 12, 2024, Chainwire Transak, the global leader in Web3 payments infrastructure, has officially launched Transak Stream, a breakthrough innovation that redefines the crypto-to-fiat off-ramp experience. This new product delivers unparalleled simplicity, converting stablecoins and cryptocurrencies to fiat as seamlessly as sending tokens between wallets. Imagine this. A user with a Web3 wallet wants to withdraw 1,000 USDC. All they have to do is send the cryptocurrency to their own Transak stream address. Within seconds, the equivalent legal amount will be credited to your bank account or card. No need to place orders, open additional apps or widgets.…
Shiba Inu (SHIB) is once again in the spotlight as it approaches a pivotal price level, with resistance at $0.00002960 emerging as a crucial hurdle for the bulls. After a period of steady gains, market participants are now focused on whether SHIB can muster enough strength to break through this important threshold. A successful move above this level could create new bullish momentum and set the stage for a potential rally. Can the bulls survive this situation, or will SHIB face new pressure? Analysis of SHIB price action: Is a bullish surge imminent? SHIB price action shows increasing positive sentiment…
Important points Texas lawmakers have proposed a bill that would establish a state Bitcoin reserve for taxes, fees, and donations. The bill aims to encourage Bitcoin miners to use digital assets to pay taxes and hedge against inflation. Share this article The Texas Legislature on Thursday introduced a bill that would create a Strategic Bitcoin Reserve that would allow the state to collect taxes, fees and donations in Bitcoin and hold them for at least five years, CNBC reports. Republican state Rep. Giovanni Capriglione announced the proposal during an X Spaces event and framed it as a hedge against inflation.…
Santa Monica, CA, December 12, 2024, Chainwire This agreement brings together industry leaders and prepares us for the next era of decentralized digital identity. Dentity is proud to announce the acquisition of Trinsic's decentralized identity assets, setting the stage for a dramatic expansion of its Web3 identity solutions. These assets represent advanced decentralized identity infrastructure around the world, enabling thousands of developers to build user-controlled identity functionality into their applications. With this move, Dentity aims to strengthen its position as a global leader in decentralized identity. “Trinsic's platform revolutionizes the way consumers manage and share their personal data,” said Jeff…
Important points Microsoft is potentially interested in exploring crypto investments such as the Spot Ethereum ETF with staking. Currently, US Ethereum ETFs do not have staking functionality due to SEC regulatory concerns. Share this article Although Microsoft has rejected a proposal to invest in Bitcoin, the company may be open to exploring other crypto investment opportunities. Matthew Siegel, head of digital asset research at VanEck, said Microsoft may be more inclined to consider investing in an Ethereum ETF if the product includes staking functionality.Siegel spoke at the company's annual general meeting on Tuesday, when shareholders overwhelmingly rejected a proposal to…
Check out the latest information in Spanish. Dogecoin has been volatile over the past few weeks, reflecting overall market indecision. After reaching a year-to-date high of $0.484, the price fell sharply, losing more than 25% of its value. This decline has created uncertainty among retail investors as Dogecoin struggles to regain momentum and find a clear direction. Related books Despite the retrace, on-chain data provides promising signals for Dogecoin’s recovery potential. Santiment indicators reveal that Dogecoin whales took advantage of the recent decline and amassed a staggering 210 million DOGE during the correction. This accumulation suggests that large holders are…
The meme coin's market capitalization increased by 7%, topping $136 billion on Thursday. Dogecoin and Shiba Inu prices rose slightly on the day, but Pepe corrected. Bitcoin regained $100,000 on Wednesday, with the meme coin rising alongside the largest cryptocurrencies. Overleveraged derivatives traders' positions were flushed out in the correction, and open interest recovered on Thursday. Bitcoin (BTC) rose above $100,000 after a brief correction on Tuesday. Memecoin tumbled early in the week following the drop in BTC, but started to recover on Wednesday. In the past 24 hours, the top three meme coins have started to recover, and on-chain…