Author: cryptotechbro
Follow Nikolaus On X Here El Salvador’s misguided critics got some new ammunition this week. A recent survey revealed just 7.5% of Salvadorans use Bitcoin for transactions, and that 92% of Salvadorans do not. But while some (cue: Steve Hanke) may look at these numbers and think “Oh, well that experiment failed,” I disagree. Even putting aside the increased tourism, business activity, and international notoriety, El Salvador’s Bitcoin legal tender law has been a success.El Salvador currently has a population of around 6.3 million, meaning 475,000 (7.5%) people are now using Bitcoin for transactions. The fact that almost half a…
Here’s what on-chain data says regarding which cryptocurrency exchanges are currently the preferred platform for the Bitcoin whales. Bitcoin Exchanges Ranked According To Whale Ratios In a new post on X, CryptoQuant community manager Maartunn discussed which exchange is currently number one in the Bitcoin Exchange Whale Ratio. The “Exchange Whale Ratio” here refers to an indicator that keeps track of the ratio between the sum of the top 10 exchange inflows and the total exchange inflow for a given platform. The ten largest inflows to an exchange are generally considered to be coming from the whale entities, so this…
Este artículo también está disponible en español. Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon. According to a CryptoQuant analyst, Percival, Ethereum’s open interest has increased significantly, indicating rising investor optimism for a potential rally. Related Reading Potential For Ethereum Rally And Longs Benefit According to the data shared by Percival, Ethereum’s open interest stands at $9.6 billion, marking a 28.57% increase from August, although it is still below the $13 billion recorded in June. The rise in open interest…
More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm said.
Follow Nikolaus On X Here If you were tuned into the Massachusetts Senate debate last night, you would have noticed a key exchange between pro-Bitcoin candidate John Deaton and his rival Elizabeth Warren, leader of Washington D.C.’s “anti-crypto army.”When pressed by Deaton, Warren wouldn’t even defend herself. After lying and attacking our industry for years, she said “I’m fine if people want to buy and sell crypto.” Seriously. My big concern with this moment is that it says everything about the Democrats and the lip service they are playing to the Bitcoin industry.It’s undeniable that Bitcoin has turned into a…
Dogecoin, the largest meme coin, continues to attract a series of bold predictions from several market experts about its potential in the short and long term following its recent price increase in the past few days, triggered by a broader positive sentiment in the general crypto market. Short-Term Rally Target For Dogecoin Set At $2.7 In an audacious prognosis, Master Kenobi, a crypto expert and trader, has pointed out an insightful potential scenario for Dogecoin that could send the dog-themed meme coin to unprecedented heights in the short term. Kenobi took to the social media platform X (formerly Twitter) to…
Este artículo también está disponible en español. Crypto analyst Ali Martinez has revealed how the Bitcoin price can rise to as high as $86,600, which would mark a new all-time high (ATH) for the flagship crypto. This comes amid BTC’s impressive price rebound, which has brought renewed optimism that the next leg of the bull run is almost here. Bitcoin Price Could Rise To $86,600 If It Breaks This Level Martinez mentioned in an X post that the Bitcoin price could rise to around $86,600 if it can break past $67,400. He indicated that this price target could mark the…
PRESS RELEASE — Tata Elxsi, the leading global design and technology services company, announced the launch of Coalesce powered by the Snapdragon Spaces™ XR Platform (Snapdragon Spaces XR Developer Platform | Snapdragon Spaces [qualcomm.com]) from Qualcomm Technologies, Inc. Coalesce is an XR-based immersive collaboration solution that brings together spatial computing, digital twins and simulations. It facilitates reviews of product models and supports collaboration features for sharing text/audio comments, notes, and screen recordings with globally dispersed teams, including a 360-degree review for immersive interaction. The Snapdragon Spaces XR platform is paving the way to a new frontier of spatial computing. The platform is…
Today’s LTC price surge comes after Canary Capital filed for a spot Litecoin ETF and Bitcoin reached a multimonth high.
Ripcache, a pseudonymous artist, explores themes of surveillance and privacy through a 1-bit pixelated aesthetic. By examining the impact of modern surveillance in centralized and decentralized systems, Ripcache’s work examines trade-offs of the advancing digital age. Their recent series, “Hyperscalers,” was featured on the main stage at Bitcoin Amsterdam, with a private sale facilitated by UTXO Management’s OTC desk to collector Brissi, marking a key milestone in their career and the greater ordinals ecosystem.We sat down with Ripcache to discuss his art.Ordinals on Bitcoin create new ways for audiences to engage with digital art. In a world increasingly dominated by…