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Showing 17 of 17 results by JustEmilyR
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Board Economics
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💥😮Ripple Launches CBDC Platform For Banks, Governments🏦
by
JustEmilyR
on 19/05/2023, 16:41:47 UTC


Ripple, the digital payment network behind XRP, has launched a new platform that allows central banks, governments, and financial institutions to issue their own central bank digital currencies (CBDC). The platform, called Ripple CBDC Platform, leverages blockchain technology to manage and customize the life cycle of fiat-based CBDCs and stablecoins. Despite concerns about CBDCs posing risks to financial privacy and economic freedom, Ripple believes its platform will enable instant settlement of domestic and cross-border payments, reduce risk, and improve the user experience. Ripple CEO Brad Garlinghouse also revealed plans to focus hiring efforts outside the US to expand the company's international footprint.

What do you think about this new Ripple initiative? Is it against financial freedom then?


Source: https://crypto-economy.com/ripple-launches-cbdc-platform-for-banks-governments/
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Topic
Board Bitcoin Discussion
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🟠Bitcoin Drops 7%, BTC Bears Targeting A Retest of $25k?r Agrees to Return 80%
by
JustEmilyR
on 01/05/2023, 06:21:42 UTC


Hey there Bitcoin buddies, it looks like our beloved BTC is taking a bit of a dive! Down seven percent from recent glory, trading below the 20-day moving average for the first time since March 13. Yikes! But wait, don't sell just yet! Traders can hold on tight and look to sell on every attempt toward $29.6k, as that line marks the highs of the April bull bar. And who knows, maybe this current retracement is just a passing phase, with relatively low trading volumes. Or... it could be a sign of impending doom, with a spike in participation causing BTC to drop faster than a hot potato! Brace yourselves, because $25k and worse could be right around the corner.

https://crypto-economy.com/bitcoin-drops-7-btc-bears-targeting-a-retest-of-25k/
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Board Bitcoin Discussion
Topic OP
🌍World Economic Forum Recognizes the Benefits of Bitcoin Mining🚀
by
JustEmilyR
on 25/04/2023, 03:21:00 UTC
The World Economic Forum has finally recognized the positive effects of bitcoin mining, throwing away years of misconceptions about its environmental impact and highlighting the real benefits it brings to the economy. With this news, it is very clear that BTCitcoin mining is being recognized as a valuable and sustainable industry. Cool

Full Article : https://crypto-economy.com/world-economic-forum-recognizes-the-benefits-of-bitcoin-mining/
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Board Trading Discussion
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🟠Bitcoin (BTC) Touches $29K🚀 Despite Crackdown on Binance💰
by
JustEmilyR
on 30/03/2023, 17:12:52 UTC
Despite ongoing legal problems with the CFTC, Bitcoin soared to $29,000, setting a new high for 2023. The price increase surprised many given the crackdown on Binance. Some believe the increase shows that the lawsuit will only result in minor fines for the leading cryptocurrency exchange. We'll see how this all pans out.

Most important of all, Bitcoin continues to show bullish signs.

As Bitcoin soared, altcoins struggled to keep pace. Chain data shows that Bitcoin whales are taking profits, which could trigger a price crash.

So watch out that these days we could see a slight decline in BTC. 

Full Article: https://crypto-economy.com/bitcoin-btc-touches-29k-despite-crackdown-on-binance/
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Board Economics
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BITCOIN (BTC) RACES TOWARDS $25K AS BIDEN ASSURES “NO COST TO THE TAXPAYER”
by
JustEmilyR
on 14/03/2023, 13:28:43 UTC
BTCitcoin has embarked on a bullish momentum pumping more than 8% in the last 24 hours. This comes after the Biden administration assured that no losses would be borne by the United States taxpayers, following the collapse of Silicon Valley Bank (SVB) and Signature Bank.

Despite the slump after the collapse of the two traditional banks, the cryptocurrency market has continued trading higher following a report of the US government’s plans to safeguard all depositors at Silicon Valley Bank and Signature Bank.

Full Article: https://crypto-economy.com/bitcoin-btc-races-towards-25k-as-biden-assures-no-cost-to-the-taxpayer/
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Board Trading Discussion
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Bitcoin (BTC) is back up 📈 after a meltdown following the fallout of crypto-ba
by
JustEmilyR
on 06/03/2023, 23:31:19 UTC


According to CoinMarketCap, BTCitcon (BTC) is up 0.09% in the last 24 hours to trade at $22,405. The flagship crypto has witnessed a slight rally even as the broader crypto market shivered. The surge comes after BTC took a dive to a two-week low, last week owing to Silvergate’s risk-based decision to discontinue the Silvergate Exchange Network (SEN) admitting that it may struggle to remain solvent due to significant losses, sending its stock price spiraling down nearly 56% in intraday trading.

Full Article: https://crypto-economy.com/bitcoin-btc-rises-back-up-as-major-tokens-falter-amid-silvergate-fiasco/
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Some users of MyAlgo, have experienced a loss 🥷🏻of around $9.2 million
by
JustEmilyR
on 28/02/2023, 20:54:19 UTC


MYALGO WALLET URGED USERS TO WITHDRAW FUNDS

The Algorand-based wallet, however, instructed its users to withdraw funds from any wallet configured with a seed phrase. The platform tweeted the warning on February 27, saying it was still unsure of what caused the most recent wallet attacks and urging everyone to take precautions to safeguard their funds.

source: https://crypto-economy.com/myalgo-wallet-users-lost-9-2-million-but-the-cause-remains-unknown/
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Topic
Board Trading Discussion
Re: Bitcoin or Altcoin hold, sell or trade??
by
JustEmilyR
on 22/02/2023, 04:48:01 UTC
 ;)Experts seem to agree that the market currently shows a "neutral sentiment". This means that stock prices are expected to remain relatively unchanged for the foreseeable future. However, some analysts have warned against the possibility of a crash, while others point out that the market has been resilient in the past despite similar concerns.  Undecided

I think this article explains it very well BTC

https://crypto-economy.com/bitcoin-btc-zooms-past-25k-gains-14-over-the-past-1-week/
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Topic
Board Legal
Re: Why America Should Ban Crypto
by
JustEmilyR
on 20/02/2023, 05:57:38 UTC
The SEC, the top US regulator, is reportedly preparing to propose new rules that could make it more challenging for crypto companies. These rules could include requiring qualified custodians to hold digital assets, as well as steps to ensure crypto lives up to its promise without compromising investor protection. Additionally, investors have lost more than $1 trillion since the crypto market peaked in November 2021 Roll Eyes

https://crypto-economy.com/sec-pressure-tightens-qualified-custodians-are-the-new-targets/
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Topic
Board Altcoin Discussion
Re: Cardano (ADA) Sees Immense Price Bump as Ecosystem Grows Exponentially
by
JustEmilyR
on 20/02/2023, 04:01:45 UTC
Quote
Cardano (ADA) continued to gain this week after a brief pullback in early February. In the past 72 hours, the cryptocurrency surged over  17% to tap $0.41 amid a market-wide lift-off before recoiling on Sunday. At press time, ADA was exchanging hands at $0.40, down 0.77% in the past 24 hours, according to CoinMarketCap data.

ADA’s attractive price growth can be traced to several developments around Cardano’s ecosystem. According to a report by crypto research firm CryptoCompare, the Total Value Locked (TVL) on the Cardano blockchain rose 49.9% in January, reaching levels last seen in August 2022. This growth was led by decentralized protocols, with lending protocols such as Meld and Indigo growing by over 48% and 76%, respectively. At the time of reporting, Cardano’s TVL sat at about $126M, as seen on DefiLama, showing that growth continued in the first half of February.

The report also highlighted Cardano’s price growth in January, stating that “this was the best-performing month for the asset since August 2021.” The No. 7 cryptocurrency by market cap benefited from a market-wide crypto lift-off last month which saw its price recover by just over 70% from a record bottom of $0.25. Cardano’s attractive price action was accompanied by a spike in trading activity, with volumes on centralized exchanges rising roughly 158% to $9.87B.

“This was the first increase in trading volume for the asset in thirteen months, a much-needed rebound after hitting the lowest monthly trading volume since October 2020 in December 2022,” said the firm

Earlier this month, the much-awaited Djed stablecoin went live on the Cardano blockchain, sparking a wave of excitement for the community. Barely two weeks after launch, the so-called overcollateralized stablecoin has garnered over 31 million Cardano (ADA) coins as backing. As of Feb 16, there were 31,200,698.37 ADA in its base reserves, accounting for a 514% collateral ratio. Furthermore, the market capitalization of Djed had increased from $1.7M at launch to $2.17M  at press time, suggesting some adoption of the pegged asset.

During a Twitter Spaces session on Tuesday, Binance CEO Changpeng Zhao noted that the crypto industry would likely “look for other options” as regulators tighten the nose around stablecoins. This suggests that non-dollar-backed stablecoins such as Djed and other algorithmic stablecoins may begin to emerge, propelling the entire crypto industry towards complete decentralization.


https://zycrypto.com/cardano-ada-sees-immense-price-bump-in-18-months-as-ecosystem-grows-exponentially/


....


Interesting.

Quote
During a Twitter Spaces session on Tuesday, Binance CEO Changpeng Zhao noted that the crypto industry would likely “look for other options” as regulators tighten the noose around stablecoins. This suggests that non-dollar-backed stablecoins such as Djed and other algorithmic stablecoins may begin to emerge, propelling the entire crypto industry towards complete decentralization.

Might we soon see a rise of non US dollar backed stablecoins as Changpeng Zhao believes?

.
Quote
Earlier this month, the much-awaited Djed stablecoin went live on the Cardano blockchain, sparking a wave of excitement for the community. Barely two weeks after launch, the so-called overcollateralized stablecoin has garnered over 31 million Cardano (ADA) coins as backing.

In our current era of high inflation, mounting debt and lingering market fears. Is there really such a thing as assets which are "overcollateralized"?

The term "overcollateralized" is associated with robustness and stability. Both of which are key elements people of the world are searching for atm. Can we really have too much of that in an era where inflation is a concern?

Cardano appears to be one of the largest gainers under the recent BTC uptrend in terms of overall percentage gains. Perhaps this is an alt worth looking into?
Cardano is definitely one of those projects that have incredible potential outside of being an asset that gets traded for profit. Built on peer-reviewed academic research, Cardano has brought together a strong community over the year. ADA jumped more than 5% in the past 24 hours recording its highest retuns in the last 18 months.

https://crypto-economy.com/cardano-ada-gains-more-than-5-as-whale-activity-soar-on-the-network/
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Topic
Board Bitcoin Discussion
Re: Are you still holding your coins #btc
by
JustEmilyR
on 03/02/2023, 13:49:10 UTC
The 2023 is began and I still holding my coins
Yes, this is very perfect time to invest in crypto for new comers,  but I think this is not very bottom of bitcoin it will fall further so new comers should DCA(dollar cost average ) means buying very week or twice a month , so you make an average price ,

And 2022 was very bad year who came in crypto market in bull market or ATH, I also bought on 50k or around 50k and Still holding it,
and thinking to DCA And buy more bitcoin

Do not invest more than you afford to lose especially in crypto

And now Many people came in crypto and some are scammer minded so stay away from shitcoins

and yes we bitcoiners always hold bitcoin


BTCitcoin (BTC) prices must close above $24k for uptrend confirmation


https://crypto-economy.com/bitcoin-prices-must-close-above-24k-for-uptrend-confirmation/
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Board Español (Spanish)
Re: Noticias Bitcoin - prensa y paginas de blog
by
JustEmilyR
on 24/01/2023, 02:04:12 UTC
BTCitcoin (btc) mantiene un crecimiento semanal por encima del 9 % a medida que el mercado cripto cruza el billón de dólares. Shocked

 
https://es.crypto-economy.com/bitcoin-btc-mantiene-un-crecimiento-semanal-por-encima-del-9-a-medida-que-el-mercado-cripto-cruza-el-billon-de-dolares/
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Topic
Board Bitcoin Discussion
Re: 2024 Bitcoin Halving - What are Your Expectations!!!
by
JustEmilyR
on 09/01/2023, 14:54:10 UTC
      https://i.imgur.com/5a3M8DN.png                    


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  Cool
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......


Bitcoin managed to break through the USD 17,000 mark inevitably coming out of the recent price range and reaching a three-week high.

More information
⬇️⬇️⬇️
https://crypto-economy.com/bitcoin-btc-breaks-the-17k-barrier-and-aims-for-18k-in-the-short-term/
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Topic
Board Bitcoin Discussion
Bitcoin (btc) up 8% in 1 month, will bulls sustain momentum?
by
JustEmilyR
on 07/01/2023, 02:41:44 UTC
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Topic
Board Off-topic
Re: Welcome 2023! From : Bitcointalk forum
by
JustEmilyR
on 03/01/2023, 20:45:31 UTC
Happy new year!!! BTC Grin Grin Grin Grin
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Topic
Board Off-topic
Re: Does anyone still survive?
by
JustEmilyR
on 03/01/2023, 20:36:57 UTC
Everything that happens every year has great difficulties here, Do people realize that forums are starting to be left one by one? Undecided

BTC -I still survive, I will be leaving Bitcoin news here to activate the community. Forums are important for education- BTC

https://crypto-economy.com/bitcoin-btc-celebrates-14th-birthday-on-a-lacklustre-note/
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Topic
Board Mining speculation
Re: SEEKING ANSWERS TO ? OF: SOLO MINER POTENTIAL REALISTICALLY?? 2022-23
by
JustEmilyR
on 22/12/2022, 21:41:53 UTC
Dear  Senior/knowledgeable/very experienced  miners,  could  I  gain  your  thoughts  please...

Please  kindly  bestow  any  information  you  would  you  kindly  help  in  as  much  depth  as
possible  with  this  question  as  I  require  more  than  just  yes/no  :

Is  it  really  worth  it  as  an  individual  these days  given  all  the  mining  farms  and  their
power,  to  achieve  solo  results?  it's  just  I'm
genuinely  curious  about  the  realistic  potential  of  the  individual  miner  gaining  positively?
thoughts please?

Many  thanks  in  advance.

Hello friend, I have a BTC mining machine but currently it has not been giving me the profits it was giving me a while ago, even taking into account that my electricity cost is low.

It is not easy to make profit mining any btc at the moment of that I am sure.

It will all depend on the cost per watts you have in your country and there you make an evaluation. Don't think the profits will be immediate.