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BoringNetizen
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wow #BTC ↗️ $BTC

wow #BTC ↗️ $BTC

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China Prepare to Use Blockchain for Verifying its Citizens Identity ✔️ China launches RealDID using blockchain to verify 1.4 billion identities, amidst global concerns and U.S. security measures. A new initiative called RealDID has been announced in China. This initiative intends to use the blockchain to verify the identities of China’s 1.4 billion people.The initiative is led by China’s Ministry of Public Security along with China's Blockchain-based Service Network (BSN). RealDID will allow users to register and log in to websites without revealing personal information. This service uses DID addresses and private keys, intending to keep business data separate from personal details. China's major social media platforms require popular content creators to show their real names. This rule applies to those with over 500,000 or 1 million followers. They aim to increase credibility and public oversight. RealDID is the world's first national-level real-name decentralized identity system, BSN stated. BSN China is operated by the National Information Center, China Mobile, and China UnionPay, with BSN Global managing international operations separately. #BinanceTournament #BTC
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Binance Indonesian Cryptmas Challenge 🔥 Join this event with simply reply at comment and share it! just go to attach post below 👇 Hint: Not just a Wallet, but a Digital safe Answer: Web3 Wallet Good luck everyone! wish best for you! Please like this post for ranked, thank you all 😅 #CryptmasEmojiChallenge
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Bitcoin Mining Revenue Hits Yearly High Amid ETF-Fuelled Rally 🔥 According to Decrypt : Bitcoin mining revenue has hit a new yearly high, as the price of the cryptocurrency surged this week amid widespread excitement surrounding the possible approval of a U.S. spot Bitcoin ETF by the SEC. Per data from Blockchain.com, BTC mining revenue hit $42,386,514.038 on November 9, topping its previous yearly high of $41,744,197.067 set on May 8, 2023. For context: That's even higher than mining revenue was during the #ordinals craze in May. The spike in mining revenue came as $BTC 's price surged to more than $37,000 on November 9, fueled by mounting anticipation of the possible approval of a U.S. spot Bitcoin ETF by the Securities and Exchange Commission (SEC). #BTC price currently stands at just over $37,200, up 7.5% on the week. "Bitcoin miners earn more when two main factors come into play: the price of BTC itself and how busy the Bitcoin network is," Blockchain.com President Lane Kasselman told Decrypt. "When the network is busier, it means more people are using it, and they pay higher fees for transactions. So, in May, even if Bitcoin's price wasn't exceptionally high, the network was congested, leading to a significant boost in miner earnings. However, the recent increase in their earnings is mostly due to the rising price of #BTC ."
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Changelly, a leading company in price predictions and on-chain analytics, has forecasted a potential 15% increase for #XRP in the coming week. According to Changelly's predictions, Ripple's native token could reach $0.7075 USD on November 12, reflecting a nearly 15.5% increase from its current price of $0.614 USD. Nevertheless, the cryptocurrency market is highly volatile, and such predictions might not ensure a sudden 20% surge for $XRP in the next two days. Therefore, investors should take these forecasts as guidance rather than guarantees. The market is susceptible to various factors, including conflicts and other developments like the US Federal Reserve's interest rates. #dyor
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Dave the Wave: Bitcoin (BTC) Primed To Explode by Over 400% ↗️↗️↗️ A crypto strategist who accurately called the May 2021 Bitcoin ($BTC ) crash believes that the flagship digital asset is poised for a big burst to the upside. The pseudonymous analyst Dave the Wave tells his 140,900 followers on the social media platform X that, based on his charts, Bitcoin could potentially surge to around $50,000 before correcting to the support level of just under $35,000. Following the deep corrective move, the analyst predicts that Bitcoin could rally to a price of up to $180,000 – a gain of about 424% from current levels. Dave the Wave appears to suggest that the six-figure price target for #BTC will be reached by April 2025...
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