Aurelia Butler

The debt crisis highlights the potential for currency devaluation, inflation and fiscal instability. Within this context, Gemini’s response demonstrates why many in the crypto community regard Bitcoin as a hedge against traditional fiat currencies and a safety net in uncertain economic times.While the exact meaning behind Pompliano’s tweet and Gemini’s response remains open to interpretation, it has undoubtedly drawn the attention of the crypto community.This article was originally published on U.Today More

In his tweet, MicroStrategy’s Saylor suggested that users should begin to “spread Bitcoin with love.”Michael Saylor is a vocal Bitcoin evangelist. His long-running company, MicroStrategy, began to regularly buy BTC in August 2020, developing a new strategy based on Bitcoin. Currently, it holds 252,220 Bitcoins evaluated at approximately $9.91 billion.Over the weekend, Saylor took part in a podcast, where he made several Bitcoin statements, some of which triggered the Bitcoin community. He also said that if another company decides to follow their playbook and start buying BTC, having a capitalization of only one billion, it would never be able to catch up with MicroStrategy, which can put up exponential growth with its BTC holdings.While this is happening, crypto whales are increasing their activity, and they have been buying more BTC. This is a “great sign” for Bitcoin, he believes, but “a terrible sign for the global economy.” The analyst expects that Bitcoin can run as high as $500,000 or even $600,000 per coin in the future.In the meantime, Bitcoiner and venture investor Anthony Pompliano shared that the size of the U.S. national debt has increased to a staggering $35,770,000,000,000. In another tweet, he added that the first $12 trillion of this debt appeared after 221 years of U.S. history. Over just the last five years, another $12 trillion were added to it, leading the debt to the huge present figure.The fast-growing national debt is cited by many prominent Bitcoin supporters as another reason that ensures Bitcoin will soar well above the $100,000 level in the future. Many of them name the $1 million target that they expect to reach before 2030 arrives. At the time of this writing, Bitcoin is changing hands at $66,923.This article was originally published on U.Today More

Dogecoin whales also went on a rampage, with a 24-hour growth rate of 58.67% to $1.85 billion. Cardano also tagged along with the trend, with whale transactions soaring as high as 28.19% in 24 hours to register a volume of $7.23 billion.Beyond the whale activity correlation, the three profiled assets do not have an active burn mechanism. This means that large transactions are one way to drive price growth across the board.Cardano might also boost the current ADA whale boost with potential positive ecosystem sentiment that has trailed the community since the Chang hard fork upgrade. As of this writing, the ADA price has become $0.3576, with a relatively flat growth rate.In all, Dogecoin might also chart its growth surge at a time when the meme coin is receiving a unique boost from investors. For now, the top meme coin is looking at a rebound from its current level at $0.1392 amid a 2.39% drop.This article was originally published on U.Today More

Decentraland, the first decentralized virtual social world, launched a powerful new desktop client today, signaling a new era for experiencing spatial environments. This beta release enhances performance, delivers a more immersive environment, and introduces new engaging features, setting the stage for future innovations and expanded creator tools. This milestone marks the shift away from a browser-based experience, replaced by a more stable, Unity-powered desktop client and the new Creator Hub, aligning with Decentraland’s vision for an interconnected metaverse. With this release, Decentraland is laying the groundwork for its next chapter, as the new desktop client and code base offer the capabilities needed to expand into VR and mobile experiences.The new desktop client serves as the cornerstone for this evolution, ensuring that Decentraland remains a top-tier platform for immersive, decentralized virtual experiences.The future of Decentraland and virtual social worlds starts now. Experience a revitalized, interactive digital environment by downloading the new desktop client available on Mac and Windows. For more information and to download the new client, users can visit Decentraland.About Decentraland Decentraland is the first decentralized, community-driven virtual social world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives.ContactJo [email protected] article was originally published on Chainwire More

Starting October 1, 2024, all active users of miBA, the city’s digital platform for accessing government services and documents, received their own decentralized digital identity (DID). These DIDs are secured by QuarkID’s wallet and settled on Era, a Layer 2 blockchain powered by ZKsync. This initiative positions Buenos Aires as a pioneer in transforming government services through blockchain technology, setting a new global standard for privacy-focused digital identity.Empowering Citizens with Ownership and ControlIn a world where governments and institutions traditionally own and manage citizens’ data, Buenos Aires is turning the model upside down by giving citizens direct ownership of their personal information. Through QuarkID, individuals can now access, store, and share their verified credentials — like birth certificates or tax documents — securely and independently.This self-sovereign identity approach gives citizens control over their personal data. Rather than relying on physical documents that expose unnecessary information, such as a full name or address when proving one’s age, residents can now verify their credentials peer-to-peer through their mobile devices. This guarantees that no third party, including the government, can track when, how, or why a credential is being used.At the core of this initiative are QuarkID’s open-source digital trust framework powered by ZKsync’s zero-knowledge proof blockchain technology, which brings a new level of security, privacy, and transparency to how personal data is managed:Since the initial announcement of QuarkID in September 2023, Buenos Aires has worked closely with partners such as Extrimian to transition miBA’s centralized system to a decentralized one. QuarkID allows residents to view, download, and share documents while also serving as the login portal for all government systems to schedule appointments, carry out procedures, or submit requests. Citizens can now access any of the City’s systems (previously miBA login) by simply scanning a QR code—no password required.With the integration of QuarkID, miBA users will have access to over 60 digital documents and certificates, including but not limited to:In addition to its use in Buenos Aires, QuarkID has successfully conducted pilot programs in Mexico, Colombia, and Peru, and is slated for future adoption in other Argentine provinces, including Salta.As an open-source Digital Public Good, QuarkID invites developers, enterprises, and institutions to contribute to its continued growth. The framework offers a secure, decentralized infrastructure that can be adapted for secure logins, identity verification, and even loyalty programs across various industries.miBA is the digital platform for accessing services and documents issued by the Government of Buenos Aires. Used by more than 3.6 million residents, miBA offers secure access to government services, document viewing, and management, all from a mobile app. Now, with the integration of QuarkID technology, miBA is taking a major step toward self-sovereign digital identity, giving citizens more control and security over their personal data.About QuarkIDQuarkID is a digital protocol that implements a new trust framework for creating and managing digital identities and all their credentials in a decentralized manner, using asymmetric cryptography and the immutability of the blockchain to establish trust in a digital world. It is open-source and based on international standards such as those from W3C, Trust Over IP, and Decentralized Identity Foundation. It is designed to be interoperable with other protocols created around the world.About ExtrimianExtrimian is a leading company in Latin America specializing in digital identity solutions on the blockchain. Its mission is to empower individuals and organizations through decentralized technologies that allow full control over digital identity and personal data.About ZKsyncZKsync leverages cutting-edge zero-knowledge (ZK) technology to create secure, scalable, and interoperable blockchain solutions. Through its ZK Stack framework, ZKsync enables developers, enterprises, and financial institutions to deploy customizable ZK Chains, forming the Elastic (NYSE:ESTC) Chain ecosystem. This innovative network offers native, trustless interoperability, enhanced privacy, and unparalleled scalability while maintaining Ethereum’s security. ZKsync’s mission is to bring crypto to the mainstream, empowering millions of developers and billions of users with digital self-ownership and personal freedom. To learn more, users can visit zksync.io.ContactHenri [email protected] article was originally published on Chainwire More

According to the author, the asset that deserves such an honor right now is…silver, with the price of the metal destined to hit $50 an ounce, in his opinion. Although silver has previously been mentioned by Kiyosaki on a par with gold and Bitcoin, it has usually received less praise than the latter two. There are several reasons for this performance. From a technical point of view, it is the huge “cup and handle” pattern that usually plays on the bullish side and, once completed, can precede large upward price movements.Another reason is that gold is now hitting all-time highs on a daily basis, and that is when the fear of missing out drives traders and investors to chase beta in order to cut their own slice of the pie. On a more fundamental note, silver is in high demand today and is actively used in the medical, engineering, photographic, electronics and defense industries. At the same time, 95% of the world’s silver is used for industrial purposes. Combine this with the fact that there is very little silver in free circulation, and you have the perfect storm. For BTC and gold, the rise of silver may mean less attention and less volatility in general, but that remains to be seen.This article was originally published on U.Today More