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#News El Salvador sets aside over 400 million dollars in #BTC
President Bukele: 'It's our first crypto piggy bank'.
El Salvador's Nayib Bukele said his country has stored more than $400 million worth of bitcoin in an offline "cold wallet" as the cryptocurrency hits new record highs. "We have decided to move a big chunk of our bitcoin on a 'cold wallet' and to store it in a physical vault within our national territory," Bukele wrote on social media. “You can consider it our first bitcoin piggy bank,” added the young conservative leader.
The so-called “cold wallet” serves to protect cryptocurrency investments by keeping them offline to prevent hacker attacks.
El Salvador in September 2021 became the first nation in the world to legally circulate bitcoin as legal tender on par with the US dollar.
#holder #CryptoNews #Bitcoin
President Bukele: 'It's our first crypto piggy bank'.
El Salvador's Nayib Bukele said his country has stored more than $400 million worth of bitcoin in an offline "cold wallet" as the cryptocurrency hits new record highs. "We have decided to move a big chunk of our bitcoin on a 'cold wallet' and to store it in a physical vault within our national territory," Bukele wrote on social media. “You can consider it our first bitcoin piggy bank,” added the young conservative leader.
The so-called “cold wallet” serves to protect cryptocurrency investments by keeping them offline to prevent hacker attacks.
El Salvador in September 2021 became the first nation in the world to legally circulate bitcoin as legal tender on par with the US dollar.
#holder #CryptoNews #Bitcoin
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Ether.Fi will introduce the ETHFI token.
Characteristics;
Decentralized and Non-custodial: One of the defining features of Ether.fi is that it offers truly decentralized staking. The staker, not the node operator, owns all the keys. Stakers maintain control of their ETH.
Liquid staking derivative token: Ether.fi introduces a liquid staking derivative token, represented by a pair of NFTs (T-NFT and B-NFT), for every 32 ETH staked. The T-NFT represents a 30 ETH interest in the validator, offering holders high interest
Creation of a Node Services Marketplace: Ether.fi's mechanism enables the creation of a node services marketplace, where stakers and node operators can interact and engage in validation operations.
Liquid Staking Protocol: Ether.fi is a decentralized, non-custodial liquid staking protocol that allows users to stake their Ethereum (ETH) or pegged to ETH.
Key Control: Stakers maintain control of their private keys throughout the staking process. This eliminates the need to entrust your keys to third-party custodians. By maintaining control of their keys, users have more control.
Node Operator Marketplace: Ether.fi facilitates a node services marketplace in which stakers and node operators can participate. Node operators manage Ethereum on behalf of stakers and, in exchange, receive a share of the staking rewards. This market allows for the efficient and decentralized operation of nodes, providing stakers with multiple choices of node operators to delegate their staking to.
Early Adopter and Airdrop Program: Ether.fi conducted an Early Adopter program where users who staked ETH on the platform earned bonus points. These bonus points could potentially lead to an airdrop of the platform's native token called "ETHFI" once it launches
#Cryptocurrency #CryptoNews #News
Characteristics;
Decentralized and Non-custodial: One of the defining features of Ether.fi is that it offers truly decentralized staking. The staker, not the node operator, owns all the keys. Stakers maintain control of their ETH.
Liquid staking derivative token: Ether.fi introduces a liquid staking derivative token, represented by a pair of NFTs (T-NFT and B-NFT), for every 32 ETH staked. The T-NFT represents a 30 ETH interest in the validator, offering holders high interest
Creation of a Node Services Marketplace: Ether.fi's mechanism enables the creation of a node services marketplace, where stakers and node operators can interact and engage in validation operations.
Liquid Staking Protocol: Ether.fi is a decentralized, non-custodial liquid staking protocol that allows users to stake their Ethereum (ETH) or pegged to ETH.
Key Control: Stakers maintain control of their private keys throughout the staking process. This eliminates the need to entrust your keys to third-party custodians. By maintaining control of their keys, users have more control.
Node Operator Marketplace: Ether.fi facilitates a node services marketplace in which stakers and node operators can participate. Node operators manage Ethereum on behalf of stakers and, in exchange, receive a share of the staking rewards. This market allows for the efficient and decentralized operation of nodes, providing stakers with multiple choices of node operators to delegate their staking to.
Early Adopter and Airdrop Program: Ether.fi conducted an Early Adopter program where users who staked ETH on the platform earned bonus points. These bonus points could potentially lead to an airdrop of the platform's native token called "ETHFI" once it launches
#Cryptocurrency #CryptoNews #News
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CPI 12/03/24
USA, +0.4% consumer price in February, annual CPI +3.2%.
New York, US consumer prices rose 0.4% in February, in line with analysts' expectations. This was reported by the Department of Labor.
In January there was an increase of 0.3%. The "core" figure, i.e. the one stripped of the price component of food and energy goods, also grew by 0.4%, while expectations were for an increase of 0.3%.
Energy prices rose 2.3%, compared to last month, but on an annual basis fell 1.9%.
Food prices remained stable: in January they had grown by 0.4%. Compared to the same period last year they recorded an increase of 3.2%.
Federal Reserve bankers are still seen as ready to initiate a first rate cut starting from June, even if inflation data showed a higher-than-expected reading in February.
#News #CryptoNews #Cryptocurrency
USA, +0.4% consumer price in February, annual CPI +3.2%.
New York, US consumer prices rose 0.4% in February, in line with analysts' expectations. This was reported by the Department of Labor.
In January there was an increase of 0.3%. The "core" figure, i.e. the one stripped of the price component of food and energy goods, also grew by 0.4%, while expectations were for an increase of 0.3%.
Energy prices rose 2.3%, compared to last month, but on an annual basis fell 1.9%.
Food prices remained stable: in January they had grown by 0.4%. Compared to the same period last year they recorded an increase of 3.2%.
Federal Reserve bankers are still seen as ready to initiate a first rate cut starting from June, even if inflation data showed a higher-than-expected reading in February.
#News #CryptoNews #Cryptocurrency
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Floki Inu burns 14.5 billion tokens as price rises 455%
Floki Inu (FLOKI) has burned more than 14.5 billion tokens, worth over $3.2 million, in the past seven days.
The project's recent wave of token burn may have contributed to its rally, #FLOKI has been on the path to token burn for some time now, with the Floki Inu DAO burning 4.2 trillion FLOKI tokens in January last year.
The Floki Inu team introduced utility-based burns, automatically removing tokens from circulation. As demand for the products of the Floki Inu ecosystem increases, the number of tokens that Floki Inu burns also increases.
Additionally, the recent surge in Bitcoin prices, which saw the leading cryptocurrency hit a new all-time high near $72,000 on March 11, has created a bullish mindset among investors.
#memecoin rode the BTC wave to surge higher in the recent buying frenzy.
However, the rally stalled after FLOKI bulls attempted to break out of $0.0003, resulting in the Floki Inu token plummeting 18.3% to hit a daily low near $0.000245 l 'March 11th.
Furthermore, the Relative Strength Index or RSI for FLOKI remains overbought, sitting at 84.42 on the daily charts.
The RSI is a momentum indicator for measuring asset price movements to identify overbought or oversold conditions.
$FLOKI $BTC
#News #Meme #binancetoken
Floki Inu (FLOKI) has burned more than 14.5 billion tokens, worth over $3.2 million, in the past seven days.
The project's recent wave of token burn may have contributed to its rally, #FLOKI has been on the path to token burn for some time now, with the Floki Inu DAO burning 4.2 trillion FLOKI tokens in January last year.
The Floki Inu team introduced utility-based burns, automatically removing tokens from circulation. As demand for the products of the Floki Inu ecosystem increases, the number of tokens that Floki Inu burns also increases.
Additionally, the recent surge in Bitcoin prices, which saw the leading cryptocurrency hit a new all-time high near $72,000 on March 11, has created a bullish mindset among investors.
#memecoin rode the BTC wave to surge higher in the recent buying frenzy.
However, the rally stalled after FLOKI bulls attempted to break out of $0.0003, resulting in the Floki Inu token plummeting 18.3% to hit a daily low near $0.000245 l 'March 11th.
Furthermore, the Relative Strength Index or RSI for FLOKI remains overbought, sitting at 84.42 on the daily charts.
The RSI is a momentum indicator for measuring asset price movements to identify overbought or oversold conditions.
$FLOKI $BTC
#News #Meme #binancetoken
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At BRICS they ask which payment system to use?
Crypto and blockchain in the spotlight!!
The BRICS countries ( Brazil, Russia, India, China and South Africa ) will be engaged in the implementation of a payment system based on crypto and blockchain technology, as reported by the Russian news agency TASS.
Last week, another TASS report stated that the Russian Ministry of Finance, the Bank of Russia and BRICS partners will create the BRICS Bridge multilateral payment platform in a bid to improve the global monetary system.
Klaas Knot, chairman of the Financial Stability Board, which keeps an eye on the global financial system, wrote to finance ministers of the Group of 20 (G20) countries that cryptocurrencies, tokenization and artificial intelligence (AI) remain priorities .
#News #CBDC #Brics #word #crypto
Crypto and blockchain in the spotlight!!
The BRICS countries ( Brazil, Russia, India, China and South Africa ) will be engaged in the implementation of a payment system based on crypto and blockchain technology, as reported by the Russian news agency TASS.
Last week, another TASS report stated that the Russian Ministry of Finance, the Bank of Russia and BRICS partners will create the BRICS Bridge multilateral payment platform in a bid to improve the global monetary system.
Klaas Knot, chairman of the Financial Stability Board, which keeps an eye on the global financial system, wrote to finance ministers of the Group of 20 (G20) countries that cryptocurrencies, tokenization and artificial intelligence (AI) remain priorities .
#News #CBDC #Brics #word #crypto
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The #DEX derivative #AEVO debuts on the Binance Launchpool
The listing of the AEVO token on Binance will take place on March 13 at 11:00 am (Italian time), giving traders and investors looking for cryptocurrencies to invest in the opportunity to trade the token on the exchange.
Binance will open trading with several trading pairs: AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY.
WHAT IS AEVO?
Aevo is an innovative platform in the DeFi sector, which develops the concept of high-performance DEX, taking advantage of the advantages of Ethereum Rollup zk rollups and an infrastructure based on a stablecoin that acts as collateral for exchanges and simultaneously offers a passive income .
#BinanceItalia #newcrypto #tothemoon
The listing of the AEVO token on Binance will take place on March 13 at 11:00 am (Italian time), giving traders and investors looking for cryptocurrencies to invest in the opportunity to trade the token on the exchange.
Binance will open trading with several trading pairs: AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY.
WHAT IS AEVO?
Aevo is an innovative platform in the DeFi sector, which develops the concept of high-performance DEX, taking advantage of the advantages of Ethereum Rollup zk rollups and an infrastructure based on a stablecoin that acts as collateral for exchanges and simultaneously offers a passive income .
#BinanceItalia #newcrypto #tothemoon
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Bitcoin: will crypto ETFs also land on the London Stock Exchange?
The UK's Financial Conduct Authority says it will not oppose a call to create a market segment for cryptocurrency-backed ETNs.
ETNs, while similar to ETFs, have key differences. An ETF, for example, also involves owning the asset they “track,” such as BTC itself or S&P 500 shares.
ETNs, in contrast, are debt instruments whose return depends on the underlying. That is, a product that does not require a portfolio made up of the components of the index or reference assets.
The London Stock Exchange, in all of this, has already confirmed that it will accept applications for ETN Bitcoin and Ethereum in the second quarter of this year.
$BTC $ETH
#Cryptocurency #Bitcoin #Ethereum(ETH)
#News
The UK's Financial Conduct Authority says it will not oppose a call to create a market segment for cryptocurrency-backed ETNs.
ETNs, while similar to ETFs, have key differences. An ETF, for example, also involves owning the asset they “track,” such as BTC itself or S&P 500 shares.
ETNs, in contrast, are debt instruments whose return depends on the underlying. That is, a product that does not require a portfolio made up of the components of the index or reference assets.
The London Stock Exchange, in all of this, has already confirmed that it will accept applications for ETN Bitcoin and Ethereum in the second quarter of this year.
$BTC $ETH
#Cryptocurency #Bitcoin #Ethereum(ETH)
#News