As per ex-parliament member Lord Fusitu’a, the island nation is on course to adopt bitcoin as legal tender by November 2022. For now, though, the cryptocurrency is being used to transfer funds to Tonga, which was hit by a Tsunami recently. Bitcoin Donations for Tonga A tsunami measuring 1.5 meters triggered by the shockwave hit Tonga during the weekend, inundating homes and roads and damaging communication lines. However, no death has been reported so far. The shockwave was...
Read More »Fidelity Thinks More Countries Will Buy BTC
According to investment firm Fidelity, 2022 will be a year in which more countries purchase bitcoin and add the digital currency to their balance sheets as a means of remaining competitive. Fidelity Believes More Nations Will Add BTC to Their Balance Sheets This is a craze that was likely started by the Central American nation of El Salvador, which in the summer of 2021, stated that it would be the first country in the world to declare BTC legal tender. This meant that...
Read More »On-Chain Data Shows Number of ETH Holders At All-Time High
The number of Ethereum addresses holding ETH is at an all-time high. Meanwhile, transaction count on the network remains near record highs, showing that user activity continues to grow. According to on-chain data, Ethereum addresses holding a balance now total over 68.26 million. This number seldom declined despite a rocky price history last year, maintaining steady growth besides the June to August period. Transactions are also trending upward, with the number of daily ETH...
Read More »Bank of America Has High Hopes for Solana
Solana has caught the attention of Bank of America. In a recent statement, the financial giant stated that it feels Solana has what it takes to become the “Visa” of the cryptocurrency space. There’s a Lot of Hype Surrounding Solana The words came from the bank’s digital asset strategist Alkesh Shah, who clearly has high hopes for the altcoin. One of the main reasons for this thought is that Solana is one of several digital assets this week to experience great recovery....
Read More »Singapore Urges Local Crypto Companies to Refrain From Promoting Digital Assets: Report
The city-state’s central bank – the Monetary Authority of Singapore (MAS) – reportedly issued guidelines that limit crypto trading service providers from promoting such assets. The financial institution believes dealing with digital assets is highly risky and unsuitable for every investor. In addition, Australia’s top financial watchdog – the Australian Securities and Investments Commission (ASIC) – advised locals to restrain from investing retirement savings into bitcoin and...
Read More »Bitcoin Investor Falls Prey to Michael Saylor BTC Giveaway Scam, Loses $1.1M
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Read More »Le monde après l’interdiction de Bitcoin
Puisque le sujet est en vogue en France auprès de certains économistes et universitaires respectables [1] et parce que, moi aussi, j’aime beaucoup la science-fiction, imaginons le monde après la prohibition généralisée de Bitcoin. Il ne s’agit pas ici de discuter de ce qui pourrait motiver cette interdiction [2], ni de la faisabilité d’un tel projet [3], mais simplement de réfléchir à ses conséquences. Voilà, c’est fait : dans son...
Read More »Plongeon au cœur de la sécurité des produits Ledger
Entretien avec Charles Guillemet, CTO de Ledger. « Charles Guillemet, CTO de Ledger, nous fait plonger au cœur de la cryptographie – brique technologique faisant fonctionner toutes les cryptos actuelles, ainsi que dans la sécurité des produits Ledger. Dans cette conversation, Charles partage également son avis et sa vision sur l’écosystème, et sur la fiabilité des différents protocoles. Il nous explique en quoi Bitcoin – grâce à cette formidable simplicité – reste de loin le...
Read More »Stellar Lumen (XLM) Price Remains at Risk of More Downsides
Stellar lumen price declined below the $0.2750 support zone against the US Dollar. XLM price is now trading below $0.2650 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2620 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2650. Stellar lumen price is trading in a bearish zone below $0.2800 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bears In Control Below $0.80
Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.7800 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.7600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it stays below the $0.8000 resistance. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar, like...
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