Aurelia Butler

First, Lindner suggested that the German government issue bonds on the blockchain. This involves using blockchain technology to issue government bonds for efficiency and transparency on the bond market. The move would position Germany as a leading nation in that regard.A second option would involve Germany or the EU deciding to hold Bitcoin as a strategic reserve asset. If agreed upon, it would align with the recent interest by governments across the globe to adopt the asset as a store of value and hedge against inflation.Another route, the third option suggested by Lindner, is for Germany to enable Bitcoin exchange-traded funds (ETFs) in the EU. This could provide accessible, regulated and mainstream investment options for both institutional and retail investors.The goal is to encourage greater adoption and liquidity on the cryptocurrency market. Currently, the European market lacks Bitcoin ETF and offers BTC via exchange-traded notes (ETN) or exchange-traded commodities (ETCs).The offloading of that large volume of Bitcoin onto the market hugely impacted the price of Bitcoin, with the asset declining from around $70,000 to $56,000.As of this writing, Bitcoin is exchanging hands for $94,888.47 as it struggles to reclaim the $100,000 mark. Some analysts opine that Bitcoin is currently in the distribution phase, and the price will pick up once it is over.This article was originally published on U.Today More

The post was inspired by the recent news that the 10,000 Bitcoin spent by Laszlo Hanyecz, who bought pizza with BTC in 2010, would have now turned into $1 billion.The post emphasized Dogecoin payment utility which, as they believe, surpasses that of the world’s largest cryptocurrency, Bitcoin.However, now, those 10,000 BTC — if they had not been spent on the pizzas — would have cost $1 billion and perhaps would still have been owned by Hanyecz.Dogecoin’s post says that one can also buy a pizza with DOGE without having to worry that the meme coins one had spent would one day surge to $1 billion in fiat. They stressed that, perhaps unlike Bitcoin, Dogecoin is “a currency designed for everyday transactions, not grownup’s fairy-tales.” Dogecoin exists “for regular people,” the X post stressed.That canvas was used during a speech by Senator Joni Ernst (IA) of the Republican Party. She spoke about the harsh necessity of cutting down extensive government spending and praising D.O.G.E — the Department of Government Efficiency spearheaded by billionaire entrepreneurs Elon Musk and Vivek Ramaswamy.“Doge is inevitable,” the Senator proclaimed during her speech. On the canvas, Doge is overtaking Washington, D.C. She urged other politicians to join D.O.G.E. and support it.Billy Markus commented on that, saying that he was very much amused to see “this doge meme IN THE SENATE.”This article was originally published on U.Today More

Michael Saylor published his Bitcoin motivating tweet, hinting that Bitcoin will be widely spread in the world in the future and it is a good idea to buy it now before it is too late.“Buy the future,” he tweeted, where the “B” in the “buy” bears double strokes which makes it look like a Bitcoin mascot. The tweet also contains an AI-generated image of Saylor captured standing near a window behind which the New York City can be distinguished in the background with the Empire State building which, per Saylor, represents the future.By now, more than 19 million Bitcoins have already been mined, extracted from the cyber space. Meanwhile, spot Bitcoin ETFs (BlackRock (NYSE:BLK) and Fidelity being the leaders here), companies and financial institutions have been accumulating BTC actively over the past year. Besides, in 2024, the fourth Bitcoin halving took place, reducing block rewards from 6.25 BTC to 1.125 BTC, meaning that now there is less BTC inflowing the market.The last Satoshi (Bitcoin particle) was set to be unlocked and mined in the year 2140, according to the algorithm designed by Satoshi Nakamoto.This article was originally published on U.Today More

This article was originally published on U.Today More

Although the intention of this massive deposit is currently unknown, it usually signals potential intent to sell. This speculation sounds plausible given the asset’s value as of when the whale made the purchase.Six years ago, Bitcoin’s average price was $7,000. That is, the entire 500 BTC was accumulated at about $3,500,000. The whale’s holding has now made a staggering profit and is worth over $47 million at the current market value.As of this writing, the BTC price changed hands at $94,404.63. However, using a marked-down price of $94,400 gives a value of $47,200,000. This gives a profit margin of $43,700,000 should the whale decide to sell off the total holdings.Analysts speculate that since Bitcoin has entered its distribution phase, the whale might have decided to sell off this 500 BTC. The whale might think of raising profits for possible reinvestment in other ventures while likely just liquidating.Certified NBA legend Scottie Pippen insists that the current price movement is a bear trap artificially created to lure investors into selling. Pippen believes that BTC will soar after most people dump it on the market. Thus, he advised his followers not to sell.Whatever the reason the 500 BTC whale stirred, market watchers will track his next moves to see if selling is part of it. A large holder with 357 BTC also became active after 11 years — just before the end of December 2024.This article was originally published on U.Today More

Under the leadership of Wei Zhou, former Binance CFO, and Jeff Yew, Monochrome founder and CEO, Coins.xyz is strategically positioned to provide Australian traders with seamless access to the global digital asset economy. Their focus on adhering to Australian regulatory standards sets the stage for building trust and fostering transparency within the industry.Coins.xyz offers one of the most competitive fee structures in the Australian crypto market:When compared to other leading platforms, Coins.xyz emerges as a cost-effective choice:Lower fees provide significant savings for both novice and experienced high volume traders.Australian users can effortlessly deposit AUD directly from their bank accounts, ensuring fast and secure funding. Coins.xyz has prioritized user experience by offering an intuitive platform suitable for both beginners and advanced traders, making complex strategies easier to execute.In an industry where support can make or break user experience, Coins.xyz sets itself apart with 24/7 customer assistance. The platform guarantees faster response times compared to competitors, ensuring users have uninterrupted access to help whenever they need it.Coins.xyz’s launch in Australia marks a pivotal moment for crypto enthusiasts seeking a transparent, affordable, and intuitive trading experience. With industry-leading fees, regulatory compliance, and robust customer support, the platform is well-positioned to become a top choice for traders. More

He again used the term “Banana Zone,” which he coined in order to describe market phases in cryptocurrency.In today’s tweet, he stated that “we are still in the Banana Zone.” He tweeted that “Banana Zone Phase 1” was the price breakout last year, which has now turned into a consolidation phase, similar to the one faced by the cryptocurrency market in 2016-2017. This stage will not last much longer, Pal believes, likely talking about Bitcoin and its current price correction.After phase 1 of the Banana Zone, the cryptocurrency expert expects the market to enter “Banana Zone Phase 2,” which he referred to as “Banana Singularity,” adding that this would be altcoin season. During this period, “everything goes up (followed by a bigger consolidation)”.The final phase for this, per Raoul Pal, will be “Banana Zone Phase 3,” “when the core winners explode onto make much higher highs (concentration phase).”Currently, the digital gold is trading at $94,800 after regaining 3.14% in the past 24 hours. That rise was preceded by a massive almost-10% crash as Bitcoin plunged from roughly $102,000 on Tuesday and landed on the $91,900 price mark two days later.This article was originally published on U.Today More